Real Estate Agent · NJ · Member since 2023 · 16 posts · 7 votes
Hi Everyone,
I am doing my first commercial deal and would love some tips on things to request and review. This is in NY. I am obviously requesting rent roll, expenses, leases, if any, rent deposits, what else?
Anyone have experience on eviction process in NY, if tenants do not vacate after notice.
Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
2y
sounds like you're on the right track. you just want to make sure that you are aware of absolutely every expense. all utilities, sewer, trash, landscaping, snow removal, license fees (if any)... even expenses the owner should be paying or isn't, or shouldn't be paying and is.