Rentals in Los Angeles>Question Details

Mary, Renter in Los Angeles, CA

Are retired rental applicants, whose primary income is Social Security, less desirable than younger applicants with 9-5 jobs?

Asked by Mary, Los Angeles, CA Thu Nov 28, 2013

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Answers

10
As a land lord, not to me, your monthly government check is more secure than someone with regular employment. After all, landlords are not allowed to discriminate based on age, the only way we can determine the best tenant for us is by credit and ability to pay.

J.R. Thrasher
http://www.SanDiegoRealEstateVeterans.com
619-929-0105
1 vote Thank Flag Link Mon Dec 2, 2013
Hello Mary,

I would say the opposite is true.

Mature couples pose very little risk to a property owner. No worries about loud parties, or friends running in and out, not to mention mature people manage their finances better so they are low risk for skipping out on the rent.

Providing your social security income is enough to meet the monthly rent and other utilities, and your credit is in decent shape, you may win hands down over your younger counter parts.


Best of luck to you!!!!!

Kawain Payne, Realtor
Prudential California Realty
714-293-1151
0 votes Thank Flag Link Mon Dec 2, 2013
You have specific rights with regards to age discrimination available through both the Federal Fair Housing Act and the California Fair Housing Laws: Fair Employment and Housing Act. The Unruh Civil Rights Act provides protection from discrimination by all business establishments in California, including housing and public accommodations, because of age, ancestry, color, disability, national origin, race, religion, sex, or sexual orientation. Check out the 2 links below, to learn more: http://www.car.org/aboutus/forconsumers/fairhousingequaloppo… I hope this is useful info.
0 votes Thank Flag Link Sun Dec 1, 2013
I have not encountered anyone who looks at an application based on what type of income someone has or age. If someone does this it is 100% discrimination.

If you would like assistance in a rental please feel free to contact me I would be more than happy to assist you.

Thank you,

Donna Samuels
Keller Williams Realty
424-777-3930
0 votes Thank Flag Link Sun Dec 1, 2013
I concur. Consider Leisure Village, 50 miles north of LA, along the Oxnard plain in Camarillo. All the applicants are over 55+, and it's a designated senior community -- 24 hour security gated.
0 votes Thank Flag Link Sat Nov 30, 2013
No Mary...they are probably more desirable because of their stability. As long as your income can cover the costs of the unit, you should have no trouble.
0 votes Thank Flag Link Sat Nov 30, 2013
No, they are not! If your combined income (no matter the source) will work within a owner's requirements for a given property, the owner will accept that application. Have you looked at owning a income property?
0 votes Thank Flag Link Fri Nov 29, 2013
No, they are not! If your combined income (no matter the source) will work within a owner's requirements for a given property, the owner will accept that application. Have you looked at owning a income property?
0 votes Thank Flag Link Fri Nov 29, 2013
Most landlords will look at a prospective renters overall picture based upon their credit and FICO scores, source on income, bank statements and past rental experience. Even though your income is from Social Security, the will look at your debt to income ratio and the amount of rent you will be paying...as long as your ratios will support the rent, the will consider you.

You may want to look at senior housing.

Good luck!

Kat
0 votes Thank Flag Link Thu Nov 28, 2013
Not at all and they may actually consider you to be more stable. As long as it is legal, landlords usually don't care where your income is from. What may be an issue is if the other applicants' income is higher, landlords may consider them better qualified.
0 votes Thank Flag Link Thu Nov 28, 2013
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