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Updated 9 days ago on .

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9
Posts
4
Votes
Dennis D.
  • New York City
4
Votes |
9
Posts

Small Landlords for Rent Stabilized Multi-Family (Queens, NY)

Dennis D.
  • New York City
Posted

I'm seeing more 6-family rent stabilized homes for sale now in Queens, NY.

Based on my research, most people suggest staying away from these properties (e.g. More regulations, tougher to evict non-paying tenants, etc.). One landlord even suggested that a mortgage-free 6-familly still isn't worth it here!

I'm curious if there is anyone here that can share any success on making these properties work? How did you do it?