All Forum Posts by: Kar Sun

I personal always choose the applicant that would be the best fit for the unit in question. You do not want someone that you know is a bad fit.

You need to exercise good judgement and not be afraid in making your choices. Remember this is your property not the governments.

In your example if you believe the older individual is a better choice based on their personality and how that may impact your property you are in fact not selecting them based on age at all. It is only coincidental that they happen to be older. 

You are confused as to why you are choosing one over the other. Your choice has nothing to do with age, you made it about age in how you posed your question on the forum. You choose the individual that will have the lowest impact, coincidentally in this case it just happens to be the older applicant. Next time it may not be.

If you decide to choose the younger couple out of fear, both applicants being equally qualified, this will result in age discrimination against the elder applicant. There is no way to be right aside from choosing the one you believe is the best fit.

Do not allow fear mongering to influence what is best for your investment. 

By taking over rentals, meaning that rental properties are going to become increasingly regulated-absolutely true. It is going to be incremental and vary by region.

Unfortunately, my places are in Oregon and the progressive party's number one target is landlords. Every legislative session, many proposals are being brought forward such as disallowing the use or credit scores and criminal checks(as this is clearly a form of discrimination), creating a state uniform application process, rent control, etc. Some of these proposals pass, others never go to committee. 

I’m taking then unemployment payments for two reasons:

To not be put at risk of infection. Well that was a reason but I’m now fully vaccinated so not an issue. 
the biggest reason I did and am still doing it is so i can finally finish school. Once I’m done in September I fully intend to go back to work full time. But I’m not going to suck it up doing something i hate anymore. When I go back to work it will be to do what I’ve wanted  to do for 15 years and actually care about. 
I have no problem with hard work. I’ve frequently worked 50+ hours a week only to still not be paid enough, passed over for promotions and accolades I had earned, or even laid off or terminated for things beyond my control  like new owners completely removed staffing. 
I wouldn’t know what a participation trophy would feel like because when I was in School I was always one of those who won things and when I didn’t it was because I knew I had not been the best. 
I was salutatorian, captain or the academic trivia team, first place in our history and English testing, third place on our math and science team, highest sat and act scores at my prep school. But I sucked at every sport I ever tried. I didn’t think I needed to be unfairly rewarded. 
but the difference and the reason your argument isn’t a fair analogy is that none of those things directly affected my health, safety, or quality of life. 
yes I do believe everyone is entitled to a safe home that doesn’t eat up half of their income. And they are entitled to not go hungry or be homeless or have to be sick and untreated because they can’t afford to go to the doctor. 
hard work does not equal success. Most of the people in my neighborhood have jobs that are much more difficult and strenuous and barely get by while there are people who literally just sit in an office and  look at a computer screen or answer phones (or who just own property and take in money from that simple fact) can pull in $100,000 plus per year. 
there comes a point where you have to decide whether money or the betterment or society and humanity are more important 

 Yes actually I do think that. I think that people who have more than 50 million dollars should pay way more in taxes or whatever it takes because no one should be allowed to hoard more money than anyone could ever possibly need or spend while there are homeless people and small individual landlords suffering. The amount of money that Bezos alone has increased his wealth by in the last year would have been enough to cover everyone’s rent and mortgages and even allowed landlords to still collect their income. 
I’m not unsympathetic to the issues some of the landlords are facing. I know there are slot of good ones because I’ve had several. But the entire premise behind what most of them do is inherently immoral to me. Expecting to make money off of a persons basic need and then using that need as leverage to basically force people into submission.

In a country where there is a homelessness crisis, a pandemic, and people are being forced out of neighborhoods because of investors buying all the houses, leaving a perfectly good home vacant is incredibly unconscionable, immoral, cruel, and evil. 
the fact that you own it outright and don’t have a mortgage just makes it worse. If you’re not willing to take a risk then you shouldn’t be investing in anything. No investment is risk free. If you want something with no risk or low risk buy a savings bond or open a money market account and sell the house to someone who can actually live in it. 
there is going to have to be major national legislation passed to stop this kind of nonsense. Not everyone who has to rent is a scam artist or unreliable or a deadbeat. Not everyone who has had financial issues in the past is a bad person who can’t be trusted. 
I used to have a credit score of 475 because between 18-24 I knew nothing about credit and how important all that was. And once I began to care about it the damage had been done and I was trying to support myself while everything got more expensive but wages never rose in a similar way. 
ive had to dispute and fight eviction filings that took place when I was in the hospital, from when a landlord would not accept the rent aid I had applied and qualified for to make sure I could keep my obligations paid but kept charging me $20 everyday in late fees so that when we went to court one months $700 rent had ballooned to $1100 with late fees, court fees, a fee for posting a notice on my door. 
thank god for for this pandemic because I can take advantage of the unemployment benefits and not have to work a job I hate and instead focus on finishing school. 
my credit is now 723. We make $4000 a month in unemployment which will last until the end or September and have a $30,000 settlement coming on the 28th and yet people like you keep denying us for one reason or another. 
just pick someone and stop contributing to the already out of control housing crisis