Join Australia's most dynamic and respected property investment community

Counterfeit rent money?

Discussion in 'Property Management' started by fullylucky, 15th Dec, 2015.

  1. fullylucky

    fullylucky Well-Known Member

    Joined:
    27th Jun, 2015
    Posts:
    413
    Location:
    QLD
    I was laughing my way to the bank when I found out the machine wouldn't accept one of the fifties I was trying to deposit.

    Upon closer inspection, it appears the note could be fake as the state of the art atm rejected it after multiple times of trying to "add more"...

    I suspect it could be one of my tenants that gave me this note as I have no other sources of income where I get paid in cash.

    What should I do?
     
    S.T likes this.
  2. SerenityNow

    SerenityNow Well-Known Member

    Joined:
    27th Nov, 2015
    Posts:
    247
    Location:
    Victora
    Is this the same ISIS-looking tenant you suspect of being a terrorist?
    Maybe now you know why he wasn't so keen on you touching his suitcase....
     
  3. Xenia

    Xenia Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    2,347
    Location:
    4/136 The Parade Norwood, South Australia
    Report to police
     
  4. Xenia

    Xenia Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    2,347
    Location:
    4/136 The Parade Norwood, South Australia
    Get the tenant to eft money
     
    MTR and Perthguy like this.
  5. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,104
    Location:
    Melbourne, Nationwide
    Start by getting your tenants to pay via direct debit.
     
    Wall Street, York and Perthguy like this.
  6. D.T.

    D.T. Adelaide Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    5,593
    Location:
    Adelaide, SA
    EFT / Bpay / DD :)
     
  7. pinkboy

    pinkboy Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    915
    Location:
    Mackay, Qld
    Head to KMART and buy 3x $14 heaters and 2x $4 bath mats and pay cash.

    Win/Win.

    pinkboy
     
  8. fullylucky

    fullylucky Well-Known Member

    Joined:
    27th Jun, 2015
    Posts:
    413
    Location:
    QLD
    will the police give me a temporal replacement $50 while they take the dodgy $50?
     
  9. willair

    willair Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    1,714
    Location:
    Brisbane..
    Walk in the local Police station and have a talk,if you try to cash them in through the counter banking system you will end up at the police station anyway..
     
  10. fullylucky

    fullylucky Well-Known Member

    Joined:
    27th Jun, 2015
    Posts:
    413
    Location:
    QLD
    That's the thing... I don't know which one of my tenants gave it to me. I don't put notes in between my notes if you know what I mean? you know? so there is no way of knowing who gave me the note. I might starting doing it so I can track it. who's who.
     
    BigKahuna likes this.
  11. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

    Joined:
    14th Jun, 2015
    Posts:
    2,106
    Location:
    Sydney & Adelaide
    So you agree that a lobotomy would be beneficial?
     
  12. Xenia

    Xenia Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    2,347
    Location:
    4/136 The Parade Norwood, South Australia
    No but the tenant is now in arrears by $50 at least.
    You can prove it if you get a police report
     
  13. willair

    willair Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    1,714
    Location:
    Brisbane..
    No you will end up making at statement as to where the fake 50's at the police station came from,then THEY give you a cup of tea to get your fingerprints thinking you could be the bagman go-between..
     
  14. fullylucky

    fullylucky Well-Known Member

    Joined:
    27th Jun, 2015
    Posts:
    413
    Location:
    QLD
    but Kmart has cctv cams. if I use the counterfit note I'll be on cctv then the SWAT will probably bust down my door, throw a flash bang bang in my face and arrest my ass for trying to use the fake money.
     
    S.T likes this.
  15. fullylucky

    fullylucky Well-Known Member

    Joined:
    27th Jun, 2015
    Posts:
    413
    Location:
    QLD
    it wasn't fifties. just one fifty, out of alot of fifties.

    The only lead I have is the terrorist looking tenant. He is the only one in my years of being a landlord that gave his rent using an "envelope". Probably doesn't want his prints on it.

    But this just a racial profile wild guessing/accusation.
     
  16. Jennifer Duke

    Jennifer Duke Well-Known Member

    Joined:
    23rd Oct, 2015
    Posts:
    289
    Location:
    NSW » Sydney
    Now I'm intrigued. What exactly does an "ISIS-looking tenant" look like?!
     
  17. SerenityNow

    SerenityNow Well-Known Member

    Joined:
    27th Nov, 2015
    Posts:
    247
    Location:
    Victora
    Wow, you should write detective fiction. Or just become an actual detective.
     
    Ted Varrick and York like this.
  18. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,507
    Location:
    Sydney
    Any further info on the terrorist suspect? Btw your writing style is very similar to one of our PChatters. :)
     
  19. fullylucky

    fullylucky Well-Known Member

    Joined:
    27th Jun, 2015
    Posts:
    413
    Location:
    QLD
    Not sure if you are trying to complement or insult me. Just trying to do the right thing and get to the bottom of this. Pretty sure counterfeit money circulating aint good for any of us. (it devalues our currency = high inflation = RBA will up the OCR = banks increase interest rate.)
     
  20. SerenityNow

    SerenityNow Well-Known Member

    Joined:
    27th Nov, 2015
    Posts:
    247
    Location:
    Victora
    Oops, my bad, tenant looks to be from ISIL country.