All cash for rent

[Namal Burman]

Hi,

For one of my rental in San Diego,CA which i listed for rent around $5K per month I am getting clients who want to pay all cash for a year. Never expected folks to pay so much cash upfront.what is the catch here ? Red flags? Obviously I will do credit and background check alongside couple of W2s. 

thanks,

namal

[Andrew Syrios]

This is almost always a bad sign. If they pass the background check and show income, then well OK. But I always think "drug dealer who's trying to hide something" when I get this offer.