New Proposal To Screen Tenants With Income OR Credit but not both

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New Proposal To Screen Tenants With Income OR Credit but not both

Natasha VerelaBusiness Member
Investor · Winter Garden, FL · Member since 2026 · 7 posts · 0 votes

I am a NYC investor. I am owner of one multifamily. With the way NYC Housing laws are set up Im keeping a unit empty and in the process of evicting a non paying section 8 tenant. This could take up to 24 months. Im dreading the thought of re renting the units. Trying to sell isnt going so well. I thought of midterm rentals like traveling nurses. Has anyone converted from long term rentals to another model in NYC? if so how is it working out and can you provide any guidance.

RepsRecord LLC
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Ecaterina Katerina Morosan
Real Estate Agent · Miami, FL · Member since 2022 · 238 posts · 102 votes
2w

Hi Natasha, one of our repeat clients/investors rents their multifamily property in Brooklyn by the room to nurses and other medical professionals, and it has worked very well for them. Based on their experience and financial results, I think it’s definitely worth considering.

Is your property located near a hospital, university, or medical center?

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  • Ecaterina Katerina Morosan
    Real Estate Agent · Miami, FL · Member since 2022 · 238 posts · 102 votes
    2w

    Hi Natasha, one of our repeat clients/investors rents their multifamily property in Brooklyn by the room to nurses and other medical professionals, and it has worked very well for them. Based on their experience and financial results, I think it’s definitely worth considering.

    Is your property located near a hospital, university, or medical center?

    1Reply
  • Natasha VerelaBusiness Member
    OP
    Investor · Winter Garden, FL · Member since 2026 · 7 posts · 0 votes
    2w

    Yes I've considered that along with Insurance housing. Thank you!

    RepsRecord LLC
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  • James Wise
    Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
    4d

    Gotta love these crazy socialist landlord policies in NYC. They've built my business by chasing investors out of NYC & California and into red states like Ohio.

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  • Harry B.Pro Member
    Lender · New York, NY · Member since 2026 · 48 posts · 15 votes
    1d

    Definitely check to see if your subject qualifies for the 'homeless va sro' product. It's one of the more lucrative offerings to maximize roi for landlords.

    [email protected]917-348-2846
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