
Client owned this Tri-plex property for 16 years in the middle of Alvin Tx. It was their only investment property and they really took care of it. We contacted them through direct marketing at the time in their lives where they were ready to let it go. With no mortgage, the property was producing excellent monthly cash flow, yet it was getting harder for them to maintain since they were now in their mid 70’s. They were very concerned about their excellent residents and did not want many buyers touring the property due to Covid. We listened closely and understood their wanting no more maintenance headaches. We made two offers at the same time – a cash offer and a sellers financing offer. After further negotiating and us producing records of excellent credit, they accepted our sellers financing offer. We kept all residents and now have a beautiful, well maintained, multi-family property. Furthermore our new money partner will now receive a steady monthly cash flow stream for the next 15 years. A true win-win story for all parties. – Todd