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Updated about 7 years ago, 11/09/2017

User Stats

6
Posts
0
Votes
Jason Dillon
  • Newburgh, NY
0
Votes |
6
Posts

new property eviction

Jason Dillon
  • Newburgh, NY
Posted

I am looking at a 2 family property that has a lot of potential in a good area.  Both units are rented and need some work.  Both tenants are on a month to month agreement with the current owner.  If I buy this property and there is no lease how easy/difficult would it be to either drastically change rent or evict?  The rents are way under market value and tenants have been there for 14 yrs and 3 yrs.

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