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Updated about 2 years ago,
Eviction process in NYC
I wanted to see what people's experience is with the eviction process, especially in NYC (or a similar big city). I'm currently analyzing a great deal in NYC, but the issue is that there are currently uncooperative/delinquent tenants in the property (I discussed more specifics in a separate post).
I wanted to get a handle of what the eviction process is like in the city and see if it would be worth acquiring. It would need a full rehab, but even then I'm estimating to get $100-150K worth of equity out of it and a good cashflowing property.
Thanks for any help on this.