How To Tell If A Rental Listing Is Legitimate

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Con artists are capitalizing on the competitive real estate market by running rental scams designed to drain money from both prospective renters and trusting landlords.

Within the last year, both the Federal Bureau of Investigation (FBI) and the Better Business Bureau (BBB) have issued warnings about this fraud type.

How much are Americans losing to real estate and rental scams? According to the FBI, losses have been steadily increasing. In 2021, the amount lost was more than $350 million — up 64 percent from the previous year.

If you have a move on the horizon, we’ve got you covered with tips to avoid rental scams. Or, if you’re a landlord or homeowner advertising a rental, learn how to tell if a potential renter is actually a scammer.

How rental scams work

Imagine finding a perfect apartment or house in your price range. Then, you hear that dozens of other people are interested too. Not wanting to miss your chance, you quickly fill out the application even if you can’t see the property in person.

It’s typical for rental applications to ask for personally identifiable information (PII), such as your Social Security number and payment information for the security deposit, so you share your details.

But then, you never hear back from the landlord. Unfortunately, this is how it often goes for victims of rental scams.

These bogus listings can be hard to spot. Scammers often steal photos and descriptions from legitimate real estate sites.

But there are a few tells you can look out for.

Scammers often rely on urgency (“You need to send us a wire transfer right now to secure this home”) or lies (“I’m in the hospital so I can’t show you the property”) to manipulate the victim into acting quickly — before they’ve had time to think it through.

Rental scams may affect landlords, too 

Landlords are also frequently targeted by rental scams.

This can happen when a scammer responds to a legitimate listing, pretending to be a prospective tenant eager to secure a lease. Often without touring the property, the scammer agrees to fill out an application and pay the security deposit via check.

In some cases, the scammer will write that check for more than the necessary amount, then ask the landlord to return the surplus to them via a peer-to-peer payment app, prepaid credit card, or wire transfer.

In other cases, the fraudster sends a check, then claims to have to back out of the lease due to an emergency, and asks the landlord to pay the money back.

The trouble is, the fraudulent check they sent will bounce a few days later, and the landlord will be out any money they “returned.”

How to avoid rental scams

Now that you’re alert to this type of fraud, you can better avoid falling victim.

Our identity specialists help our members identify and fight back against fraud, so they’ve seen all kinds of scams play out, including rental scams.

To stay safe, try these rental scam safety tips:

If you’re a prospector renter: 

  • Avoid renting a property sight unseen. Wondering how to tell if a rental is legitimate? See it for yourself. Even if the landlord or agent gives a believable excuse as to why they can’t take you on a tour, always err on the side of caution. If you are searching for a rental from a different city or state, consider finding a trusted friend or a licensed real estate agent to tour a property on your behalf in order to confirm its legitimacy.
  • Research current rental rates in the area. If it seems too good to be true, it most likely is. When a listing is priced way cheaper — or for far less than you’d expect after seeing the photos — it could be a sign of a scam. 
  • Be wary of high-pressure sales tactics. If you’re feeling rushed or pressured to share personal or financial information, just walk away — there’s a good chance you’re dealing with a scammer.
  • Work with a professional. “Use a legitimate real estate website or real estate agent to find your rental,” advises Krentz. Keep in mind that anyone can post on classified sites like Craigslist and Facebook Marketplace, so there are fewer guard rails on those sites. 
  • Look up the address, description, and images of a listing online. “Many scammers take photos and listings from legitimate real estate sites and post them as their own, but with a lower rent price,” says Krentz. If you notice a rental is listed in multiple places, and one of those listings has spelling errors, wrong capitalization, or bad grammar, it may be a sign of fraud.
  • Never pay a deposit via wire transfer, prepaid gift card, or peer-to-peer payment app. These forms of payment do not typically have the same fraud protections credit cards have and, in the case of a scam, the money usually can’t be returned to the victim.

If you’re a landlord:

  • Try to avoid renting to someone willing to lease a property sight unseen. This may be a red flag that you’re working with a scammer. 
  • Never accept a check from a new renter that’s made out for more than they owe. Don’t deposit the check; instead, return it to the sender. If someone sends you a check but then asks for that money back, be sure the check clears the bank before you return the payment. If it doesn’t, you’ll know you were working with a scammer. 

Other real estate scams to watch out for 

Real estate scammers also use a variety of other tactics to steal your money and personal information.

For example, in a foreclosure scam, a fraudster may promise to lower a homeowner’s mortgage or “save” their home from foreclosure for an upfront fee (then don’t deliver).

If you’re ever having trouble covering your mortgage, steer clear of companies that charge a fee to help consolidate or cover your loan. Instead, seek help from the U.S. Department of Housing and Urban Development.

According to the BBB, moving scams also cost Americans hundreds of thousands of dollars in 2021 — a 216 percent uptick from 2020.

In this scam, moving companies underquote then overcharge victims in the middle of a move (sometimes holding their belongings hostage until they pay an exorbitant fee). Or, they may demand payment upfront and then never follow through with their services.

One of the best ways to ensure you’re working with a credible moving company is to ask friends and family for referrals. Or, opt for a company that is open to sharing proof of registration and insurance, has positive online reviews, and completes an on-site inspection prior to moving day to provide an accurate quote. 

How to report a rental scam

If you’re a Boyd Identity Protection member and you think you’ve fallen victim to a rental scam, give us a call right away.

Our customer care team is here to walk you through the next steps to try to recover any stolen assets. 

If you’re not a member, we recommend reporting the scam to your local law enforcement, as well as the Federal Trade Commission, BBB, and FBI.

 

How Do Identity Thieves Get Your Information?

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In this digital age, some identity thieves go to extraordinary lengths to steal personal information.

Many of the tactics they use are highly sophisticated, from hijacking phones from afar to creating false identities with just a few pieces of real information. Other methods for stealing personal details — such as mail theft — are less high-tech but no less concerning.

When it comes to protecting your identity, understanding what you’re up against is a good first step. So, let’s take an in-depth look at what identity thieves look for when trying to steal your data.

Plus, learn how our features — like credit monitoring alerts and dark web monitoring — can help you act quickly to minimize the damage if your details fall into the wrong hands.

Data Breaches

Unfortunately, data breaches and their fallout have become all too common. With incidents happening at such a rapid pace, it’s no wonder so many consumers suffer from “breach fatigue.”

So what’s causing these information leaks, and what can you do to safeguard your data?

You may be surprised to learn that most security incidents are actually accidents caused by human negligence or error. According to Verizon’s 2022 Data Breaches Investigations Report, 82% of data breaches analyzed over the past year included a human element.

Other breaches are the result of targeted attacks by cybercriminals. These attacks aren’t limited to big corporations; small businesses can also have data stores that are attractive to criminals. That’s one reason why it’s important to keep tabs on all of the places where your data is stored, including what businesses or services you have an account with.

What do identity thieves look for with these attempts?

If your personal or financial information is made public in a breach, cybercriminals might be interested in putting it up for sale on the dark web. From there, your details could be used to commit fraud or identity theft. Or, your information could be blended with other victims’ information to create a brand-new false identity, a type of fraud known as synthetic identity theft.

That’s one reason why we created our dark web monitoring tool. Once it’s enabled, you can enter your details for monitoring, and we’ll alert you if we find your information somewhere it doesn’t belong — such as the dark web or closed hacker forums.

Phishing and Pharming

When you’re online, phishing has nothing to do with a rod and reel. Rather, phishing happens when criminals hook you with phony emails, texts, or phone calls.

A related scam is pharming, in which users are directed to fake websites without their knowledge. For example, when a pharmer hacks into your browser and redirects you to a fake website.

What types of information might you be prompted for in a phishing or pharming attack? Any sensitive details that can be used for profit, like your Social Security number or the credentials to your bank account.

Phishers and pharmers may try to lure you by promising freebies or even by posing as your business, but with a little vigilance, you’ll be ready to spot the scam.

Any time you open an email or visit a website, be wary of urgent requests, frequent typos or blurry images, and multiple pop-up windows. If something doesn’t seem right, delete the email or close the browser window and move on.

Oversharing Online

Unfortunately, oversharing on social media can reveal more than you intended.

Take that first-day-of-school pic you snapped of your kiddos on the front porch. Is your house number visible in the background? If so, the safest bet is not to share, as your street address is considered personally identifiable information (PII).

Similarly, it’s not advisable to post from your vacation — or even from a restaurant — in real time. When you share your location, you’re also sharing the fact that you’re not at home, which can make you a target for theft.

There’s something else to consider. Everything you share online accumulates over time as part of your digital footprint. As your footprint grows, identity thieves may have more opportunities to get your information.

To combat this, consider adjusting your privacy settings to control who can see your information on social media. Think twice before accepting friend requests from people you don’t know. And consider enabling a social media monitoring feature like the one we offer, which can ping you if we notice signs that might point to account takeover.

SIM Card Swaps

Many smartphones use SIM cards, or subscriber identity modules, to identify the user and store important data. Your phone number can be transferred to a new SIM card for legitimate reasons, like when you’ve lost your phone or you’re upgrading to a new device.

But with SIM swap scams, thieves take advantage of this capability by calling a phone carrier, posing as you, and requesting to move your phone number to a device in their possession. Fraudsters have also been caught bribing phone-company employees to make the swaps on their behalf.

If the SIM swap is successful, the thieves can then use the compromised phone number as a portal to the rest of your digital life. With access to text messages, for example, a thief can side-step the extra security provided by two-factor authentication, making it easier to penetrate financial accounts, personal emails, and cryptocurrency wallets.

SIM swapping can also lead to a compromised social media account, which can cause reputational harm.

Compromised Credit Reports

Credit reports are treasure troves of personally identifiable information (PII), such as your full name, birth date, and Social Security number.

Identity thieves can request a copy of a credit report by posing as a landlord or potential employer. If you suspect that someone has stolen your identity or if you’ve been told that your PII has been compromised, you may be able to prevent further damage by requesting a security freeze with the three major credit bureaus.

Identity Theft in the Physical World

While some identity thieves have adopted sophisticated tactics for mining data digitally, others steal information the old-fashioned way: in the physical world.

Here are a few examples:

  • Dumpster diving: Criminals are known to dig through trash in search of sensitive information. So be careful about what you throw in the recycling bin — and shred sensitive documents if they’re no longer needed.
  • Mail theft: Stealing physical mail is a tried-and-true tactic that’s still used by identity thieves today. To deter any would-be snoops, consider purchasing a mailbox with a lock and ask your postal service to hold your mail whenever you’re out of town.
  • Shoulder surfing: A fraudster might spy over your shoulder any time you’re in a public place, so be aware of your surroundings and never let your guard down — especially when you’re at an ATM or in a checkout line, for example.
  • Skimming: This pervasive and often hard-to-detect technique happens when fraudsters leave skimming devices attached to the credit-card processor at legitimate businesses. When you swipe your card, the skimmer reads the magnetic strip and stores your card number. Then, whoever planted the device can then use your credit card or sell the information to a third party.
  • Shimming: Similar to skimming, this is when criminals insert a tiny microchip into an ATM or card reader with the aim of stealing and storing your information. 

You have a partner in identity protection

Data is a valuable resource. That’s why we’re deeply committed to safeguarding our members’ information, and to helping them take quick action if it’s been compromised.

Even if fraud occurs, with Boyd Identity Protection, you’ll never have to fight identity theft alone. Give us a call at 1 (800) 381-2693 to learn more and sign up today!

 

 

 

Securing Your Belongings While Traveling

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Securing your belongings while traveling is important to ensure that you have a safe and stress-free trip. Here are some tips to help you keep your belongings secure while traveling:

  1. Choose the right luggage: Invest in high-quality luggage that is durable and has strong locks. Hard-shell suitcases are often more secure than soft-sided ones, as they are more difficult to cut open.
  2. Use TSA-approved locks: Use TSA-approved locks to secure your luggage. These locks can be opened by TSA agents without damaging your luggage, which can save you time and money if your luggage is selected for inspection.
  3. Keep your valuables with you: Keep your valuables such as your passport, money, credit cards, and electronics with you at all times. Use a money belt or travel pouch to keep your valuables close to your body, or use a small backpack or purse that you can carry with you.
  4. Don’t put all your eggs in one basket: Divide your cash and credit cards into multiple places. If you lose one set of cash or cards, you will still have some left.
  5. Be aware of your surroundings: Keep an eye on your surroundings and be aware of any suspicious activity. Avoid leaving your luggage unattended in public areas and be cautious of pickpockets in crowded areas.
  6. Use hotel safes: Use the hotel safe to store your valuables when you are not using them. Make sure to use a unique code or password to ensure that your belongings are secure.
  7. Don’t trust strangers: Be wary of people who offer to help you with your luggage or belongings. Scammers can use this as an opportunity to steal from you.

By following these tips, you can help ensure that your belongings are safe and secure while traveling. Remember to always be aware of your surroundings and trust your instincts if something feels off.

For More Security Tips And Solutions, Stick With Boyd & Associates.

If you’re looking for more ways to keep yourself, your family, and your belongings safe, check out our home security and automation services at Boyd & Associates. We offer a wide range of home security options to protect you and your family.

If you’re ready to discuss our custom solutions, contact us today to learn more about our services and how we can help you prepare for what’s next.

Home Security and Spring Cleaning Guide: How to Prep for Safer, Warmer Months

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Depending on the weather in California, you may find yourself in flip-flops one day and furry boots the next. But there is no denying that despite our rainy Winter so far this year, Spring is coming!

With this years harsh cold and flu season, many of us have become cleaning and disinfecting ninjas — so a little spring cleaning? No sweat! Take advantage of this mindset, and any extra time you have at home, to make your home a more pleasant place to be.

But don’t stop at dusting and power-washing; it might be time to clean up your home security, too!

Statistics have shown that crime often rises after we “spring forward” at Daylight Saving Time.

When the temperature rises outdoors, we take more time off, get more active, go on more vacations, and just stay out later. It’s probably no coincidence that home burglary rates increase during the summer months, according to a study by the U.S. Department of Justice.

Some spring cleaning tasks can make your home safer.

For some, spring cleaning may be the one time of year you do a thorough deep cleaning and decluttering of your entire home. This is when we address the areas that might often get passed over, which means the furniture is getting moved, and doors and windows are being examined. It’s a good opportunity to uncover safety issues or spots where a burglar might try to break in.

Like anything else in your home, security alarm systems need regular maintenance.

If you have a smart home security system, you have probably noticed they do a lot of the thinking for you (that’s the point!). It’s easy to adopt a set-it-and-forget-it attitude. But a little bit of maintenance and regular check-ins go a long way — and milestones like Daylight Savings and the start of spring are great reminders to do just that.

Set yourself up for a safer, more secure spring and summer by making home security part of your spring cleaning ritual.

If you own a smart home security system, there are a few extra tasks we suggest adding to your checklist:

  1. Sanitize your security and home automation equipment.

Some of the equipment you use to control and secure your home may be hands-free — like a motion sensor — and some you might touch every day, like your panel.

From your smart thermostat to your security panel to your cameras, make sure your security and home automation devices are on your spring cleaning list. Too much dust and debris can interfere with how devices like smoke detectors function. Play it safe and keep ’em clean!

  1. Set up a schedule to test your system.

If you have professionally monitored security, it is important to test your system to make sure it’s communicating properly with the monitoring center. It is simple to do and will give you peace of mind.

We recommend testing once a month, and after making any adjustments in your home that may impact your systems, such as landline, internet, and broadband service changes. If you are planning to do any remodeling or home renovations, make a note to test your system afterward. It’s also a good idea to do a test a week before taking a vacation as an extra precaution.

  1. Update your emergency contacts.

Take a minute to make sure all of your account information is correct, and update your emergency contacts. Your emergency contacts are the people your monitoring team will call if anything goes wrong, and they can’t get in touch with you.

  1. Set up your security notifications.

All the bells and whistles that come with a smart home system are amazing, but ultimately, your safety and peace of mind is what it’s all about. Alerts and notifications provide instant awareness anywhere via your smartphone. If you haven’t programmed any alerts or notifications for your system yet, get started now!

Get smart home security for better home protection this spring

A professionally installed and monitored smart home security solution will give you peace of mind and confidence, especially during your warm-weather excursions.

Even if you’re still on the fence or aren’t sure what you need in a system, you can learn more about the benefits of smarter security by contacting us today!

 

 

 

Protecting Your Assets: How to Secure Your Bank Accounts

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Banking is a crucial part of our daily lives. We trust banks to keep our hard-earned money safe, but unfortunately, they aren’t immune to theft or fraud. With the rise of cybercrime, it’s more important than ever to take steps to protect your assets in the bank. Here are some simple tips to help you secure your bank accounts:

– Use strong passwords and two-factor authentication: Your passwords should be long, complex, and unique to each of your accounts. Enable two-factor authentication for an extra layer of protection.

– Be cautious when using public Wi-Fi: Public Wi-Fi can be a breeding ground for hackers. When accessing your bank accounts on public Wi-Fi, use a virtual private network (VPN) to encrypt your connection.

– Watch out for phishing scams: Scammers often use emails and text messages that appear to be from your bank, asking you to provide sensitive information. Always double-check the sender’s email address and never click on links in unsolicited emails.

– Keep your software and anti-virus programs up to date: Regularly updating your software and anti-virus programs can help prevent cyberattacks.

– Monitor your accounts regularly: Keep a close eye on your bank accounts by regularly checking your statements and transactions. If you spot any suspicious activity, report it immediately to your bank.

By following these simple tips, you can help protect your assets in the bank and keep your money safe. At Boyd & Associates, we understand the importance of home security, and we offer a range of products and services to help keep you and your assets safe. Contact us today to learn more.

Back To School Safety Tips

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Back to school is always one of the busiest times of the year. The change in routine—or the return to one–can be difficult for your entire family. Follow these safety tips to help your children and family stay safe during back-to-school season and throughout the new school year.

Use An Alarm System With Remote Alerts

If you don’t already have one, consider installing a home security system. You’ll receive alerts when your child enters their code into the alarm system, letting you know that they’ve arrived home safely. You can also set up sensors in sensitive areas of the house such as near gun cabinets, liquor cabinets, or medicine closets. With home automation, you’ll always be able to monitor the activities of your household through your phone.

Remind Your Kids To Lock The Door

Your children should know how to lock the door and know to do it every time they leave or enter the house. Educate your children about never opening the door to strangers, especially when they are home alone.

Show Your Kids How To Use The Alarm System

Ensure that your children know how to arm and disarm your alarm system. Show them how to hit the panic button and tell them what to do in case of an emergency. They also need to know the difference between burglar, fire, and carbon monoxide alarms.

Plan A Safe Route To School

If your child walks or bikes to school each day, plan a safe route to and from school. Avoid as many street crossings as possible and remain in areas that are highly populated. Encourage your children to refrain from using their cell phone while walking but to always have it on them in case of an emergency. If they ride a bike, be sure they have a properly-fitting helmet and always wear it.

Use And Teach Safe Driving Habits

While driving, always pay attention to the road. If you have children in the car, be certain that their seatbelts are buckled. Never use your cell phone while driving. It is important that you teach younger teen drivers these safe driving methods as well—and modeling good behavior is one of the best ways to instill it in your kids.

Help Children Memorize Important Numbers

Teach your children to memorize their home address, their home phone number, your cell phone number, and an emergency contact. It is important that they know how to contact someone in case of an emergency.

Teach Children About Strangers

Kids shouldn’t talk to anyone they don’t know. They should never accept a gift or a ride from any strangers. In case such an incident arises, children should also know whom to go to for help, such as a teacher or a police officer.

Get A Video Doorbell

With a video doorbell, you’ll be able to see who is at the door as well as answer it even when you aren’t home. This device also allows your children to see who is at the door, and talk to them, without having to answer the door.

Know Your Child’s Routine

Make sure you and your child know their routines before, during, and after school for each day of the week.

Keep Lines Of Communication Open

Ask your children to check in with you as they move through their daily routine so that you know they’re safe. Let them know it’s okay to call you at any time.

Practice Safety At Home

Decide whether your children are old enough and mature enough to use certain appliances or have visitors over while you’re not home. Be clear about your expectations. Children can’t follow the rules if they don’t fully understand them!

Review Social Media And Internet Usage At Home

Let your children know that you will have access to their social media accounts and warn them about appropriate usage. Warn them about the potential dangers of online strangers and how to avoid online bullying.

Our team at Boyd & Associates wants you and your children to remain safe throughout the school year. Start this new school year right by preparing for anything and protecting your home and family.

Dogs and Home Security: 5 Ways Pooches Boost Home Safety

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How often do we see dogs and home security crossover scenarios play out in pop culture? Think about the classic watch dog moment in countless movies and TV shows, where we’ve seen man’s best friend cast in a heroic, starring role. The burglar breaks into the home with something nefarious in mind, but before he knows it, the tables are turned as the family’s faithful pooch backs him into a corner or chases him out.

While they’re no replacement for an actual home security system, there are plenty of ways dogs can add an extra boost to your home protection.

1. DOGS ARE GREAT PERIMETER DEFENDERS

One of the best things about dogs are their heightened senses. They will first smell, then hear people coming long before you ever notice them. A K9’s sense of smell is 10,000 times stronger than that of a human’s, and will often notify their owners if something out of the ordinary is nearby.

The difference is distinguishing your dog’s “normal” behavior, like barking at the mailman, versus warning you of a possible disturbance on your street or property. But in essence, a good watchdog is another set of eyes that can keep a close watch over your “den.”

2. DOGS WARN OTHERS OF DANGER

Another home security advantage to a barking dog is that it not only alerts you to possible dangers and disturbances, but your neighbors and any passersby as well. Just like a loud, ear-piercing alarm sounding off, a non-stop roaring dog is going to draw attention.

If you have neighbors that know your animal, they may know the difference in sounds of barks, too. Not to mention, the hour could make it glaringly apparent to others that something is out of the ordinary. A loud bark disturbing the middle of the night, for instance. A concerned neighbor might be drawn to investigate, and call authorities in some cases when necessary.

3. DOGS CAN SCARE AWAY INTRUDERS

There are plenty of reasons not to confront an intruder in the event of an actual home invasion, but in some cases, the situation might be unavoidable. If you have a particularly large breed of dog, that can be a major intimidation factor to home intruders. Especially if for some reason your dog doesn’t bark at first, or those initial noises don’t scare off a burglar, the physical presence of your dog (and the reality of being in the same space) might make all the difference in a dangerous situation.

4. DOGS ARE LOYAL TO OWNERS

As we said earlier, dogs are protective of their den (your home!). And that means everyone in it, too. Your dog’s loyalty to you and your family adds an entirely new dimension as a home security asset. You know your dog better than anyone, which means you understand their behavior and can sense when something is truly amiss in the way they’re behaving toward outside disturbances.

And in the event of a home invasion, your dog may even attack an intruder to protect itself and its family, giving you time to escape and contact the proper authorities. But unless your pooch is military trained, an attack would likely be instinctual. And this may put your pet in serious physical danger,  and should be avoided at all costs. But in the cases it isn’t, it’s nice knowing your watchdog has your back, right?

5. COMPANIONSHIP AND PEACE OF MIND

The point is, most dog owners feel a strong sense of companionship to their animal. And in many cases, that loyalty is reciprocated. Beyond the natural advantages a dog can provide to home security, their comforting presence alone can make a world of difference to your day-to-day peace of mind. In general, it’s a comforting feeling to have an active, physical presence in your home to beef up security. And that’s just the icing to the canine cake – dogs are “man’s best friend” for a reason!

HOWEVER, DOGS HAVE THEIR LIMITS

It’s important to note that not every dog breed is suited for home security. The American Kennel Club suggests that some of the best guard dog breeds include Akitas, Boxers, Bullmastiff, Doberman Pinschers, Rottweilers, various Shepherd dogs (German, Australian, etc.), and more. These are mostly larger breeds, but there are smaller and medium sized dogs that fit the mold based on their natural behavioral instincts.

However, proper training is also another major factor. You don’t want a dog that barks at every noise; you want one that tells you when something is wrong. It’s also important that you’re able to call your dog off and tell him to ‘sit’ and ‘stay.’ Dogs aren’t born knowing these skills. You’ll need to participate in their training and reinforce what they’ve learned throughout their lives. But even an untrained barking dog may still deter burglars.

FOR MORE SECURITY TIPS AND SOLUTIONS, STICK WITH BOYD & ASSOCIATES SECURITY

Dogs are not a replacement for  24/7 home security and alarm monitoring services. Instead, think of them as a furry extra layer to supplement your home safety! And if you’re looking for more ways to keep yourself and your family safe, check out our home security services at Boyd & Associates. We offer a wide range of home security options to protect you and your family. If you’re ready to discuss our custom solutions, contact us today to learn more about our services and how we can help you prepare for what’s next.