Nick helped my wife and I sell our 32 unit building on High Street in Oakland. The property was facing challenges with management, turnover and security. We wanted to trade into a nicer location without rent control.
Nick originally answered our call from a flyer. He quickly set up a meeting and presented us with his estimated pricing and marketing strategy. Nick suggested that we do some minor landscaping and clean the place up a little bit before putting it on the market which we did. The property also had a cell tower on the roof which added a layer of complexity. However Nick researched the potential options and solicited offers from outside companies to purchase the cell tower outside of escrow.
When we finally got the right buyer, Nick stayed on top of all the details, made sure the buyers performed and met all their obligations. Nick came to our house and met with us every couple weeks to make sure we stayed in close communication. He handled all the showings and estoppel letters without any inconveniences to the tenants.
Once we got our building sold, Nick immediately went to work on finding a replacement property which was not easy because there was very little on the market and we had a limited down payment. Originally he was sending us market deals that we were just not thrilled about.
Nick was very aggressive in finding us a replacement property. He wrote a personal letter on our behalf that he sent to owners of properties. Sure enough in a matter of a few weeks Nick had located a fantastic property in San Leandro. Nick found us a highly competent mortgage broker who helped us refinance another property taking cash out and lowering our payments. This allowed us to complete the purchase of our exchange and reduce our payments.
Nick worked diligently and with honesty and integrity. He communicated with us regularly and listened to our needs. Ultimately he completed a difficult and long project that has ensured our families wealth and cash flow for the foreseeable future. I would highly recommend Nick to anyone buying or selling an apartment building in the Bay Area.