Is Your Rental Being Used for Criminal Activity? Here’s What to Look for
It’s every landlord’s worst nightmare: you discover the people you thought were trusted tenants are actually crooks using your property for illegal activity.
- Your tenant always has an excuse as to why you can’t access the property.
- A tenant has installed their own security system or CCTV.
- Neighbours complain about people coming and going at all hours and disruptive behaviour.
- An unusual odour such as a fruity, pungent smell (could indicate cannabis) or something akin to cat wee or rotten eggs (could indicate a meth lab).
- The electrical wiring has been tampered with. (To cultivate large quantities of cannabis indoors, criminals re-route the wiring to bypass the electricity meter.)
- Large patches of dead grass or stained/soiled concrete outside where chemicals have been dumped.
- The property is so sparsely furnished it’s hard to believe someone lives there. If this is the case, it could be an HQ for illicit activities.
- Blacked-out windows – what’s going on that they don’t want you to see?
- An excessive amount of rubbish or overflowing bins – a possible sign of overcrowding due to subletting.
- Never cut corners on tenant referencing or agree to a ‘cash in hand’ arrangement where you forgo a contract and accept a significant payment upfront to cover the rent.
- Introduce yourself to the neighbours and explain how they can get in touch if they have concerns.
- Have a comprehensive landlord insurance policy.
- Build a strong rapport with your tenants. Let them know that you’re proactive and do things by the book.
- Carry out regular property inspections.
- Use an experienced letting agent to manage the property for you.