Updated 9 days ago on .
Small Landlords for Rent Stabilized Multi-Family (Queens, NY)
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?