Whether you’re searching for your first rental or are a seasoned renter seeking a new place in a new city, beware that rental scams are all too common.
With vacancy rates dwindling and rents soaring in many markets, schemers see tenants as easy marks for their scams, which are often perpetrated on Craigslist and other sites. Fraudsters typically reel in their victims by advertising monthly rents that are well below market rates.
“If it sounds too good to be true, it probably is,” says Andrew Woo, director of growth and data science at San Francisco-based Apartment List.Here are four common scams to watch out for as you hunt for a new home 1. The [...]
If there’s one thing Dan Bawden tries to avoid, it’s electrical work.
“It’s just too risky in terms of fires, shocks and burns,” says Bawden, an experienced contractor who runs Legal Eagle Contractors in Houston, and is chairman of the National Association of Home Builders’ Remodelers Division.
When it comes to rewiring your house, replacing outlets, or tackling other electrical projects, there’s no shame in hiring an electrician. Even veteran contractors – guys whose pickup trucks are filled with ladders and power tools – are likely to respond to any mention of electrical work with shifty feet and awkward jokes about being [...]