All Forum Posts by: Dawn Vu
Dawn Vu has started 2 posts and replied 4 times.
Post: Short term rentals la quinta palm springs area

- Posts 4
- Votes 0
@Mark Futalan hi Mark! Sent you a PM.
Post: Big Bear Lake Airbnb Breakeven Numbers?

- Posts 4
- Votes 0
@Dan Edwards sent you a PM
Post: Landlord wants to terminate my lease early

- Posts 4
- Votes 0
I’m in California. I’ve been leasing my office space for over 10 years and still have 3 years remaining on my lease. The property was recently sold and plans are in place to tear it down to build low income housing. The landlords sent me a letter stating that they will notify me 90 days in advance when they need me to move.
My question is: what are my rights? Tenant improvements usually run about 50k for my profession. In addition, 90 days is not enough time to find a new place, do the necessary tenant improvements and notify clients of the move. I will speak to a attorney soon but wanted to get some advice on here from others who may have been through the same dilemma.
I’m a newbie to investing and would like your expertise on this deal:
4 Plex - brand new construction. Growing area. Near a university.
Each unit is 3 bedrooms/2 baths and going rate for rent is about $1250 each unit
Asking price $579k
Is this a good deal?
Any advice is appreciated.