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All Forum Posts by: Jason Dillon

Jason Dillon has started 3 posts and replied 4 times.

Buying & Selling Real Estate

Post: Foreclosure vs short sales

Jason DillonPosted
  • Newburgh, NY
  • Posts 6
  • Votes 0
Benefits and difficulties of both...please share insight on time to close, ability to negotiate price, ability to obtain financing, pros and cons and any experience that may help. Thanks
0 Votes
Buying & Selling Real Estate

Post: Foreclosure vs Short sale

Jason DillonPosted
  • Newburgh, NY
  • Posts 6
  • Votes 0
Foreclosure vs short sale.....pros and cons, ease of purchase, time to close, negotiating price, obtaining financing, etc etc..looking for as much feedback as possible.
0 Votes
General Landlording & Rental Properties

Post: new property eviction

Jason DillonPosted
  • Newburgh, NY
  • Posts 6
  • Votes 0

The units do not demand market value in their current condition but once renovated they can go for almost double.  If I give them the 30 days notice and they do not sign the lease or agree to the rent increase then that would be ideal.  The place is sold as is and they will not sell it vacant.  

0 Votes
General Landlording & Rental Properties

Post: new property eviction

Jason DillonPosted
  • Newburgh, NY
  • Posts 6
  • Votes 0

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.

0 Votes