All Forum Posts by: Raul Tirado

I own a three-family house in Queens, NY.   Due to the lot size, the property can be converted to a 6-10 commercial multi-family property.  Unfortunately, I do not have experience in this space; therefore, I hope to get guidance from an experienced NYC developer.  

@Andrew B. - Appreciate the feedback!  My guess is that the tenant is thinking that they can use their security deposit towards their last month's rent.  

@Jon Holdman - Great advice!  I was hoping to avoid starting an eviction since I've never done one before.  However, I think it makes sense to get the ball rolling earlier.  Thanks for the feedback.

@Andrew B., @Thomas S. - Thank you for the advance.  I gave the tenant the non renew notice and even offered an extra month if they paid the rent on-time.  Unfortunately, still no rent.  Hoping I don't have to go to extra measures to get them out.

I've been having an issue with a tenant (property in Queens, NY) who is constantly late with the rent.  The lease expires in April and I do not plan to renew the lease.  This is my first time dealing with a problem tenant and I want to make sure I follow all the NYC rules.  I would appreciate any suggestions for the forum how best to handle the situation.

Thanks!

please add me to your list - [email protected]

@Kory Denny  Thanks for this posting.  I'm in this exact position.  I have a $100K to invest and have been trying to figure out a strategy.  Definitely leaning towards the multi family strategy.  Now I just need to get out there and find a couple of deals.  

If still available, please email more info to [email protected]

@George Williams I'm interested in learning more about your dealings in PR.  Depending on the financials, I might be willing to fund / partner on a couple of deals.

I might be interested.  Please send me all info on the property.