Reporter

Sandra Pennecke

Sandra J. Pennecke is a reporter for Inside Business. She began writing for The Virginian-Pilot in 1999 as a correspondent and joined the staff in 2016.

FILE – A sign indicating the availability of a home to rent stands outside a building in Philadelphia, Wednesday, June 22, 2022. House flipping, “house hacking” and vacation rentals have skyrocketed in popularity in recent years, becoming a distinctly millennial way of generating passive income in an uncertain economy. The potential profit is tempting, but is it worth the time and money? Ongoing repairs and responsibility to tenants can make renting a major undertaking, so know your financial and personal limits before signing the dotted line.

Don’t fall for this scam using vacant properties to target renters and homebuyers, expert warns

June 25, 2024 at 12:36 p.m.

Imagine handing over thousands of dollars, signing a lease for a home and moving all your belongings in — only to find out that you were scammed.

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