Thursday, November 7, 2013

Should I just rent under a friend or family member name? Or what's the Risk in Renting Like That?

What's the Risk in Renting under a Friend or Family Member's Name?

The risk is you might get caught.  Apartments Evict when someone rents under another parties name.



So in the example that you rent under your parent's name, and you are caught, imagine how your parents would react if they have an $7,000 Debt placed on their credit report. And you have to go to the trouble AND expense of finding a new place - fast.

One of the secrets that most locators won't tell you (those who suggest renting under another person's name) is that apartments often give away or give significant reductions in rent to police or deputies who are "Courtesy Officers or Security Officers" for the complex. Many of the Apartment Managers ask these Courtesy Officers to "run license tags" at night to identify people in the complex who shouldn't be there.

So if the Courtesy Officer comes up with a 2010 Mustang belonging to a John D. Doe and their is no John D. Doe as a Tenant - they've got you.  They usually give you 24 hours to clear out or perhaps toss you from the property immediately and threaten to arrest you for Criminal Trespassing if you come back to retrieve your things.  Then they evict the leaseholder (your parents/family/friends who "did you a favor").

What a way to ruin a Relationship.  Better to rent honestly. Just go to my site: www.AptFindMisdemeanors.com and complete a FIND MY TX APT FORM to get started with my Free Service. 

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