The New York Eviction Law = 0 CashFlow Opportunities

[Brenda Wright]

"The only reason I'm not investing in New York is due to the eviction rule. A tenant can stay 4-5 years without paying rent while destroying your home." This is what every New York Investor keeps telling me. Is there any merit to this? Is there a way around this, other than searching for turnkey properties in middle America?

[Raul R.]

Brenda in NC, if the landlord does everything properly the sheriff will be knocking in tenants doors within weeks not years..
It’s sad that in our local market landlords are always painted as the villains, you remember seeing the report of “100 worst NYC Landlords”. I believe it comes out once a year. I wish they made a report for “100 worst NYC tenants”.