Well, if they don't actually rent any apartments, they misled them and people spent money based on that lie. They paid for an application that would be accepted. How is that not fraud?
You don't need to keep all the apartments empty in order to carry on a scam like this, you just need to have one of each type that you're advertising.
You also don't need to actually be the owner of the apartment complex. The property manager can execute this all by herself: keep an apartment open, take the credit card payments directly rather than via the corporate account, deny all the prospective renters.
$17,000/month isn't an amazing amount of money for a corporation that owns apartment buildings, but it's a very nice supplement to the property manager's salary, if she runs it that way.
> Well, if they don't actually rent any apartments
Citation needed that they don't actually rent apartments as opposed to the author of the post making this assumption without establishing it with reasonable proof.
I didn't claim that he was intentionally misrepresenting the situation. It's that the author seems inexperienced in renting apartments and is jumping to conclusions as to the reason that he was denied.
It doesn't seem that he has a full understanding of the situation and the process given that, as others have pointed out in this thread, he found things like having a copy of his ID made, etc a red flag while this is normal when touring and applying to rent an apartment.
You also don't need to actually be the owner of the apartment complex. The property manager can execute this all by herself: keep an apartment open, take the credit card payments directly rather than via the corporate account, deny all the prospective renters.
$17,000/month isn't an amazing amount of money for a corporation that owns apartment buildings, but it's a very nice supplement to the property manager's salary, if she runs it that way.