I purchased three single-family homes as rentals in Riverside in the late 80's as a retirement investment. After retiring, I moved out of state. For years I managed the properties as an absentee landlord. As the homes became older requiring more upkeep while trying to find competent help, I decided to sell them using a 1031 tax exchange to purchase rental property closer to my new home.
Abel, Dianna and Anthony of Riverwalk Realty Group were fantastic to deal with. They kept me informed of everything that they were doing from walk-throughs, securing the termite inspections and having all repair items addressed. They phoned, faxed and overnighted materials to me. They communicated with the tenants, secured keys and even helped them find new rentals and homes. Through their professionalism and teamwork, they sold all three properties within the federal time lines enabling me to leverage the three sales into one large multi-family unit purchase for cash instead of having to buy individual properties as each house sold separately with all the associated headaches of multiple escrows and realtors.
They went the extra mile of communicating directly with my out-of-state realtor, escrow officer and 1031 attorney to make sure all were kept informed of the status of each house to insure the time lines were adhered to. The average home sale has unforeseen issues and problems. Compound that by a factor of three with an owner 750 miles away and you realize the tasks that faced the Riverwalk Realty Group team. I cannot praise all of them enough. I give my complete endorsement of Abel, Dianna and Anthony without qualifications. I cannot thank them enough! read more