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Updated 3 days ago on . Most recent reply

Kyle Vogeler's profile image
Kyle Vogeler's profile image
Kyle Vogeler
  • Rental Property Investor
  • from Emmaus, PA
  • Member since Sep 30, 2021
  • Posts 48
  • Votes 20
  • Experience 4 Yrs
  • Investments 3
Connect

User Stats

48
Posts
20
Votes
Kyle Vogeler's profile image
Kyle Vogeler's profile image
Kyle Vogeler
  • Rental Property Investor
  • from Emmaus, PA
  • Member since Sep 30, 2021
  • Posts 48
  • Votes 20
  • Experience 4 Yrs
  • Investments 3
Connect
Kyle Vogeler
  • Rental Property Investor
  • Emmaus, PA
20
Votes |
48
Posts
General Real Estate Investing

Tenant Laws in NYC

Kyle Vogeler
  • Rental Property Investor
  • Emmaus, PA
Posted

I am looking at purchasing an apartment building in NYC - the tenants are below market rent and the property needs updates (lasted updated in '05). I do not have any prior experience investing in NYC, so my question to you all is:


- How difficult is it to evict tenants that are behind on rent?

- Can you "evict" so you can make updates on the building?

- Once old tenants are out, is there anything stopping me from renting the apartment at market rent?


Thank you all in advanced.

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