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Updated about 8 years ago on . Most recent reply

Alan Swinger's profile image
Alan Swinger's profile image
Alan Swinger
  • Real Estate Professional
  • from Bayonne, New Jersey
  • Member since Dec 13, 2016
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Alan Swinger's profile image
Alan Swinger's profile image
Alan Swinger
  • Real Estate Professional
  • from Bayonne, New Jersey
  • Member since Dec 13, 2016
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Alan Swinger
  • Real Estate Professional
  • Bayonne, NJ
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Multi-Family and Apartment Investing

Tenants with no current lease in place, hudson county NJ

Alan Swinger
  • Real Estate Professional
  • Bayonne, NJ
Posted

Im currently in contract on two 4-Family properties in Hudson County NJ.

in Both properties all tenants are currently month to month as the leases have expired, 

I want to increase the rents a bit and was wondering if they do not want to, how long would it take to have them evicted?

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Dean H.'s profile image
Dean H.'s profile image
Dean H.
  • Rental Property Investor
  • from Salem, OR
  • Member since Oct 2, 2016
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Dean H.'s profile image
Dean H.'s profile image
Dean H.
  • Rental Property Investor
  • from Salem, OR
  • Member since Oct 2, 2016
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Dean H.
  • Rental Property Investor
  • Salem, OR
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Dean H.
  • Rental Property Investor
  • Salem, OR
Replied

Are you sure? When I'm in this situation I  personally leave them in place unless doing major overhaul. Enjoy the cash flow and fix them up as they move out and raise rents then. Sometimes the best revenue is what your already getting.

  • Dean H.
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