All Forum Posts by: Thomas P.

Looking forward to Ready To Launch Relaunch. See you on 2/26!

@Joseph Ranola I would love to attend as well. Can you let me know the details. Thank you 

I sent you a DM. 

Sent you a message. Thank you 

@Joseph Pugliese I am also from Staten Island, NY. Starting to study Easton, Bethlehem, Allentown areas. Looking for long term rentals buy and hold.  Would love to connect and see what you have found. 

Try a Non QM lender. You can buy with a new Entity. 

Try..

Velocity Mortgage

Aloha Capital

Myinvestorloan.com 

Junior from Carpenter’s Touch is my Roofer. The best. Tell him Tom Pierce sent you. 862-755-3051

Michele, 

Thank you for the response.  This sounds like good advice.  I will hand deliver them a drafted letter with two months notice.  

Is there any chance they can say I am not leaving.  If so then what ? 

I own a two family home in NYC that is fully occupied.  The tenants are excellent. 

I purchased this home 5 years back with the intention of completely remodeling it and moving in.  

All the plans are in place to get started this upcoming spring but I need to get rid of the tenants. They are on a month to month lease that is expired.  

In the past tenants would generally leave on their own after a few years. This is a first. 

So my question is what is the best way to essentially get rid of them. Is there any legal issues I should be aware of. 

Thank you. 

Extremely hard to answer. Depends on just about everything.  From material to permits and what your buildings department allows.  I am in the process of doing an addition in NYC. Add more than 200sq ft here you need a drywell. Architect says to budget 10-15k. His fee alone if 15k. With those fees and permits I am looking at 40k before I even buy a 2x4. The next question is what kind of materials you are using.  You can budget anywhere from $90-$300 a sq ft depending on materials.  Talk to people in your neigborhood that have done an addition. Talk to builder and GC's. They have a better feel for the local area prices. What I am looking to do they are saying between $175 and $200 a sq but it all depends. I am not trying to discourage you. Just sharing my experience.  

Best of luck