Updated about 2 months ago on . Most recent reply
Being a landlord worth it in Ny?
We have tenants who won’t leave since their lease ended 5/31 and haven’t paid since April. Our eviction lawyer giving an estimate of mid October to get them out. Makes me want to give up being a landlord in NY. Do you think it’s even worth it when they can get 5 months rent for free? Hard to stay profitable
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Just wanted to chime in with some realistic thoughts on NY.
No state is entirely quick when it comes to evictions. While some states have shorter initial notice periods, the national average for a full eviction process, is closer to 3 months. Contested evictions can be significantly longer.
Even in states often cited as very landlord-friendly, like Texas, there are trade-offs. While Texas offers strong property rights and generally quicker eviction processes for uncontested cases, owners will contend with high property taxes.