Report: #1179650

Complaint Review: American Homes 4 Rent

  • Submitted: Sat, September 27, 2014
  • Updated: Sat, September 27, 2014
  • Reported By: Tamara — Greer South Carolina
  • American Homes 4 Rent

    Nationwide
    USA

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Beware of the 1 year lease agreement. This company gets you into the home only to increase the rent at the end of your 1 year lease agreement. So expect it!  We were notified towards the end of our lease agreement  that if we signed a new lease our rent would only increase by 50.00. Increase 50.00!!! If we chose not to resign and continued to rent on a month to month basis, then our rent would increse 150.00 per month!!!  The original rent was a bit overpriced to begin with. Money making scam!!!

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This report was posted on Ripoff Report on 09/27/2014 11:30 AM and is a permanent record located here: http://www.ripoffreport.com/reports/american-homes-4-rent/nationwide/american-homes-4-rent-ah4r-renter-beware-money-making-scam-nationwide-1179650. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
1Author
1Consumer
0Employee/Owner

#1 Author of original report

I stand corrected! It's worse!

AUTHOR: Tamara - ()

AH4R's reply to my forewarning to potential renters was to dispute my accusation that they were scamming people by getting them into the home only to increase the rent after initial lease term by unbelievable amounts. Their response was that "rental increases is not scamming. I stand corrected. IT'S EXTORTION! 

 

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#2 UPDATE Employee

Rental increases do not qualify as "Scamming"

AUTHOR: ConfusedByYou - ()

It is commonplace to receive an increase in rent when your lease expires with nearly all Property Management companies. The increase can be whatever the current fair market value is determined to be for your home. A rental increases of 3% on a $1500 is roughly $50 and is common. While it is understandable that no consumer wishes to pay more it does not qualify it as a "scam." A scam is defined as:

noun

1.
a confidence game or other fraudulent scheme, especially for making aquick profit; swindle.

verb (used with object)scammed, scamming.

2.
to cheat or defraud with a scam.
 
With that being said, I understand being disgruntled, but that does not warrant posting comments online that are untrue. This person wasn't swindled out of money, but instead rented a home for a price he agreed to for a specified period of time that has now lapsed. The concept of the lease is for the protection of all parties. The landlord agrees not to increase the rent during the lease and the tenant agrees to pay it, among other things. 
 
Please also note that it is perfectly acceptable to negotiate the increase, but if you do not ask for a decrease, it may not be assumed that you are vacating soley on that reasoning. 
 
Thank you.
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