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Two men accused of racking up more than $8.5 million in a scam run on the vacation rental sites Airbnb and Vrbo were indicted on fraud charges, federal prosecutors announced Thursday.
Here’s an example of how these scams can sometimes work: scammers find a vacant home listed for sale online, then pose as potential buyers and contact the selling agent to get the door code so ...
Scam letter posted within South Africa. An advance-fee scam is a form of fraud and is a common confidence trick.The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.
In Canada, the laws governing property management and landlord/tenant relations are, generally speaking, a Provincial responsibility. [citation needed] Each Province and Territory makes its own laws on these matters. In most cases, any person or company can offer property management services, and there are licensing requirements.
To date, this is the largest funding round ever raised in the vacation rental management sector, [36] and the largest series B funding round ever raised for an Oregon technology company. [ 37 ] On October 18, 2018, Vacasa raised a Series B extension of $64 million, bringing the company's total funds raised to $207.5 million. [ 38 ]
Most rental property investors start by purchasing single-family homes they rent out for income. That strategy has its benefits and drawbacks. Lack of diversification is a big negative.
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