Is Your Landlord a Peeping Tom →

September 10, 2012

Check out this fun tip recommended on a major investor website:

One of the best tips I ever got was from a seasoned landlord that had a huge portfolio of single family homes. He told me that one of his favorite strategies was to make the tenant wait a couple days for a phone call to say whether their application was approved. If he had decided to approve their rental application, there was one last test they had to pass. He would show up unannounced at their home for a surprise visit. At this visit he would have some piece of paperwork he had “forgotten” to give them. Getting a look at how they were living in their current home, would be the deciding factor as to whether or not he would ultimately rent to them.

That’s a pretty vile practice.