Very true. I own some apartment buildings, and it’s stunning the number of people faking documents to get approved for a unit. It’s part art and part science sniffing out potential fraud. One miss and you’re out thousands.
Do you rent to tourists ? So a foreign credit card, a foreign driving licence ( with an International Driving Licence ), and foreign car insurance policy for the excess ?
I think the first too aren't really a problem but the insurance obviously is. Not all conuntries insurance just automatically cover some other car than the one you have ownership/control of in your country.. Didn't Rob offer some type of insurance for people who don't have it?
If you don't have anything with a billing address that can tie back to a confirmed address, it's riskier. Cash is obviously the payment method of choice for fraudsters.
I have to ask. What's your rationale for not having a credit card when credit cards afford you a significant amount of fraud protection over debit cards.
@@superspeeders my Debit card visa/contactless from my bank is in home address. Pay my Direct Debits, purchase stuff online. Use at cash points. Pay at pump etc. Why would I need a credit card. I spend what's in my account using debit card or use cash.
Depends on the business I guess. I've travelled a lot and rarely had problems. Usually my trips have been planned in advance, so there's some time to do credit checks etc. If someone's using one of the usual credit or debit cards backed by Mastercard or Visa, they have processes to verify card and address details line up. It's kinda how you can land at an airport, walk up to a Hertz or Avis desk and drive away. But their risk profile is different, both to you as a customer and them as a hirer. When I was doing regular business in other countries, I'd usually find a car service that provided drivers. Then it's simpler for me and them to establish a relationship and do any checks. If I was still doing things in NYC and wanted a nice car, I'd do the same and contact Rob's company to see if that's business they'd want. I think the biggest red flag though is the last minute thing because legit trips rarely are.
@@itsnotaboutthemoneyitsabou6759 dont you have to pay insurance (those 7k Rob mentioned it cost) when you apply and are issued the insurance papers. Thats how it is in my country (central Eu). You get insurance for house/cars etc... you pay on the spot for the x time, or it doesnt go in effect.
Financial institutions really don't want a p.o. box due to the "know your customer regs" but some of us have little choice. In my neighborhood of over 3k homes the postal service decided that they simply won't deliver to the homes, we MUST pick up our mail at the post office.
Am I the only person who watches this guys videos on 1:75 speed. His videos are way way toooo long.......yak yak yak..this should have been over in 5 minutes..........or 4.
That's def not a thing, even if it was they could just say they won't do business for some other reason. It's def illegal to discriminate hiring based on race but there's still plenty of businesses in the hood with an all white staff
