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Updated 1 day ago on .

User Stats

47
Posts
17
Votes
Kyle Vogeler
  • Rental Property Investor
  • Emmaus, PA
17
Votes |
47
Posts

Advice needed - Tenant laws in NYC

Kyle Vogeler
  • Rental Property Investor
  • Emmaus, PA
Posted

I am looking at purchasing an apartment building in NYC - the tenants are below market rent and the property needs updates (lasted updated in '05). I do not have any prior experience investing in NYC, so my question to you all is:


- How difficult is it to evict tenants that are behind on rent? 

- Can you "evict" so you can make updates on the building? 

- Once old tenants are out, is there anything stopping me from renting the apartment at market rent?


Thank you all in advanced.