The Last Honest Realtor

Ep. 55 - Rental Scams Exposed: How Can Landlords Protect Themselves From Fraud?

Toronto Realty Group

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Rental scams in Toronto are more common than you think—and they’re getting smarter. In this episode of The Last Honest Realtor, David shares two shocking cases where fraudulent tenants tried to secure luxury rentals with fake credit reports, employment letters, and even forged pay stubs.

In This Episode:

  • Learn the red flags that landlords and agents should never ignore.
  • See how small details—like pay periods, LinkedIn profiles, and even a “machine operator working from home”—gave these scammers away.
  • Understand why Ontario’s tenant-friendly system makes it crucial to vet every single application with care


Timestamps:

00:00 – Intro: Rental scams in today’s market
01:15 – Why you don’t need to understand the scam to know it’s a scam
05:13 – How to properly qualify tenants
05:32 – Case #1: The 31-year-old “CFO” with fake documents
16:34 – Case #2: The machine operator who worked from home
25:47 – Why diligence matters for landlords & agents
27:20 – Bigger picture: Ontario’s landlord-tenant board issues
31:16 – Why specialization (and good agents) matter

Whether you’re a landlord, tenant, or just curious about the behind-the-scenes of the rental market, this episode is packed with eye-opening lessons and real-world examples.

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