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Updated almost 9 years ago on . Most recent reply

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6
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Alan Swinger
  • Real Estate Professional
  • Bayonne, NJ
0
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6
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Tenants with no current lease in place, hudson county NJ

Alan Swinger
  • Real Estate Professional
  • Bayonne, NJ
Posted

Im currently in contract on two 4-Family properties in Hudson County NJ.

in Both properties all tenants are currently month to month as the leases have expired, 

I want to increase the rents a bit and was wondering if they do not want to, how long would it take to have them evicted?

Most Popular Reply

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202
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305
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Dean H.
  • Rental Property Investor
  • Salem, OR
305
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202
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Dean H.
  • Rental Property Investor
  • Salem, OR
Replied

Are you sure? When I'm in this situation I  personally leave them in place unless doing major overhaul. Enjoy the cash flow and fix them up as they move out and raise rents then. Sometimes the best revenue is what your already getting.

  • Dean H.
  • Loading replies...