Landlord Quick Tip

Tip #101: Stay Alert!

landlord helpIf you frequently run ads on Craigslist you should be aware that scammers can grab information and use it to commit fraud.

For instance, they can pirate the ad and insert their contact information, and maybe some enticements — like lower rent, to attract applicants. Then, they ask for deposits or application fees for rentals they don’t own, steal the money and disappear.

It is also important to monitor your online profile, and find out if tenants may be using the Internet to write unflattering comments about your property.

To monitor your online information, try Google Alerts. It’s free and easy, and may help you save money down the road.

Just visit the Google Alert page and enter the keywords you want to track — the property address, your business name, your name. If you don’t have a free Google email account, you will need to set one up. Just run through the settings options and you are good to go.

If you start to receive unrelated information, go back in and limit your alert keywords. For instance, you may want to only enter the address number and street name of your property, not the city and state.

See last weeks Landlord Quick Tip.

Have a quick tip to share with other landlords? Email our editor at [email protected].

American Apartment Owners Association offers discounts on products and services for landlords related to your commercial housing investment, including rental forms, tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org.