There has been an increase in available vacation rentals in South Florida due to strict bank loan policies, foreclosures, and the ongoing “I’ll wait for the market to return until I sell” mentality. Because of this surge in properties, con artists are coming out of the woodwork, so property owners and renters should be more vigilant when booking a vacation rental. A recent article by The Palm Beach Post: Craigslist scheme preying on unsuspecting South Florida renters is worth a read.
If you want to learn more about how to screen tenants, check out our post on Rental Fraud: Renting your Southwest Florida vacation rental.
Long-term and Seasonal Home Rentals in Southwest Florida