Real Estate Investing with Coach Carson

#484: Tenant Scams Are Real. We Still Invest. Here's Why

Apr 20, 2026
Casey Franchini, a self-managing investor and YouTuber (Brick by Brick Wealth), shares hard-won rental management practices. She exposes common tenant scams like fake ESA claims and payment tricks. Short stories cover costly move-out damages, the Cake Method for screening, pre-screen calls, lease walkthroughs, and why professional systems protect long-term cashflow.
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ANECDOTE

Giving Leeway On Rent Led To $4,000 Debt

  • Casey shared a long experience where allowing repeated late payments turned a tenant into a $4,000 delinquent account.
  • Letting tenants pay in arrears (on payday) gradually shifted them from paying in advance to months behind.
ADVICE

Use Written Payment Plans With Firm Dates

  • Offer documented, time-bound payment plans for good tenants but require specific dates and amounts in writing.
  • Casey enforces the agreed dates, may waive late fees once, and will insist on moving out if promises aren’t kept.
ANECDOTE

Five Year Tenant Nightmare Cost $16,000

  • Casey described a five-year nightmare tenant who hid multiple unauthorized pit bulls and left $16,000 in damages.
  • The property required months of vacancy and pest remediation after eviction, massively exceeding the net cash flow from rent.
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