Red Flags for Renters to Watch Out For

2. Don’t hire a landlord who wants you to wire money or pay with cash.

A major red flag to be aware of is if the landlord wants you to wire them money or asks you to pay in cash only for your security deposit or anything else. It is never good to transfer money by wiring or pay with cash to a landlord you don’t know. That sounds very suspicious. It’s not standard practice for any business; plus, it’s quite unnecessary, and it is common for scammers. Don’t allow that to happen. If they are persistent about it, just walk away. It’s not a loss to you.