Rental Rip-offs Spike; Real estate fraud losses near $400M, FBI reports

By Brian Bean | August 4, 2023

Rental home scammers took more than $396 million from unsuspecting victims in 2022, according to the Federal Bureau of Investigation. Last year, more than 11,700 people were taken for the losses in real estate scams compared with $213 million in 2020, according to the FBI Internet Crime Complaint Center. The number of victims decreased 14…

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Revenue Drop Reveals Cracks in Short-Term-Rental Foundation

By Brian Bean | July 1, 2023

What does this mean for single-family-home rental investors? It could signal an influx in homes listed for sale, which would be a welcome development for frustrated home buyers. That could also put downward pressure on home values and sale prices. More likely, some STR owners will transition their properties to the long-term-rental market, which also lacks inventory.

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