Bonnie had owned this rental property for over 30 years. She had been a landlord for over 40 years and has sold her other rentals and was holding onto this one. The last tenant had been there 17 years but unfortunately there was a fire and the house needed a renovation. They had been working through the rehab for a long time and had lots of issues with the inspectors but had pushed through and were getting close to finishing it. Then when they discovered substantial termite damage behind one of the walls they just decided it wasn’t worth it. They just didn’t have the energy to open up the walls and repair the damage and decided they were best to just sell the property and enjoy retirement.
Then hurricane Ida came through and damaged the roof and fence which was confirmation to them that they should just sell the house as is. This is when they reached out to Home Buyer Louisiana for a cash offer on their house. We were able to make an offer that worked for them and they loved that we were ready to close as soon as the title cleared. The title work took a little over a week and then Bonnie was at the closing table. She was happy that she sold the house fast but was even happier as it represented them retiring from being a landlord. Her landlord career had spanned over 40 years and now he and her husband Duke could enjoy the fact that they wouldn’t have to fix another toilet or make repairs.
We were also happy to add their property to our portfolio. This was a good opportunity to fix up a nice house and get it ready for another tenant. Hopefully we could be lucky enough to get someone that will stay 17 years like her last tenant.
You can watch the video of what Bonnie said it was like selling her house to Home Buyer Louisiana. (Spoiler alert – she said “it was so easy and so friendly and I felt very comfortable. From the get-go I didn’t feel any apprehension. A couple of days would pass and maybe I hadn’t heard anything and he’d (her husband) say you you think I should call. I said calm down, I am at total peace with this I feel like this is the right thing for us and the right thing for them. They made us a a nice offer even before he even saw it so we knew where we were starting from. It was a very good experience and I would highly recommend it.”)
If you are looking to sell a rental with the tenants in it then we would probably be a good buyer for you. Give us a call or fill in our online form and we would be happy to discuss your situation.