Craigslist Rental Scams

Craigslist Rental Scams

The internet is full of people trying to scam you out of a buck. This is probably because it’s so hard for the average consumer to figure out who took their money. Craigslist, the free online classifieds site, is no different. Recently, rental properties have been a target of scammers. This article from CBS Denver illustrates how Denver rental properties have been affected by this phenomenon as well. Luckily though, with some caution, you should be able to avoid falling into the trap of a scammer yourself.

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Undervalued, Unseen Properties

The first question to ask yourself when looking at Denver rental properties is, “Is this too good to be true?” Sometimes you may actually get lucky and find a real “steal”, but if you answer yes to that question, and the owner of the property, or the supposed Denver property manager, refuses to show you the property or even give you the address of the property, then there is a high probability that someone is out to separate you from your money.

These scammers usually operate by finding a Denver rental property that actually is for rent and then posing as the owner. They will then have some sort of excuse for not being able to show you the address; maybe they’re in Nigeria helping a Nigerian prince. They will then probably ask you to wire money to them, and then give you the go-ahead. If there were rules for using the internet, the first one would probably be to not wire money to someone you don’t know.

Identity Theft

Another way the scam might operate is by asking for information that might allow them to steal your identity and then use it for obtaining credit cards. This might come in the form of a credit check or asking for your social security number. This is something a lot of landlords and Denver property management companies do, but you should make sure to meet with your Denver landlord in person before giving them this kind of information. If there’s anything that seems fishy about the deal, break it off.

Ad Clues

Quite often, the way an ad is written will give away a scammer. This is not always the case and is more of a gut feeling, but this is certainly a clue. If the ad seems to be written using very formal language, too much capitalization, or maybe lots of misspellings, then the ad may very well have been created by a scammer. Remember, though, this is only a clue. Don’t write off an ad solely for this reason.

Email Addresses

Email addresses can also be a clue. Craigslist is set up so that you can’t immediately see the poster’s email, but you should be able to see it once they reply to you. If their email is something like johndoe@osadppojdfsioem.com, then it is quite likely that someone is trying to scam you. Scammers will use email addresses with randomly generated characters so that if they do happen to be caught, it will be harder to trace it back to them.

While some of the people on Craigslist might only be there to steal your money, don’t overreact by forgoing the site altogether. Just remember to use these tips and, most importantly, keep an eye on the deal. Most scammers can be outwitted just by using your brain.

Ben Parham on EmailBen Parham on Linkedin
Ben Parham
Ben Parham is the President and Managing Real Estate Broker of Integrity Realty & Management, Inc., a cutting edge real estate sales and property management brokerage operating throughout the Greater Denver Area. Ben also served as the 2018 President of the Denver Chapter of the National Association of Residential Property Managers (NARPM) and has served as a NARPM National Southwest RVP Ambassador. Ben is a U.S. Navy veteran where he served as a Cryptologic Technician (Technical) and was awarded the Joint Service Achievement Medal, two Navy Achievement Medals, and a Good Conduct Medal. He has a Bachelor of Science in Business Administration and is licensed as a real estate broker in both Colorado and Florida.