Our Services
Beachside is a multifamily property niche boutique brokerage offering investment sales and advisory services paired with innovative marketing strategies. Our comprehensive services gives our clients the information and guidance they need to build a sound investment strategy to achieve lasting success. It’s this commitment to excellence that has cemented our position as leaders in multi-family investments throughout the Central Coast.
The Art of Selling
At Beachside Partners, we specialize in representing both buyers and sellers in the multi-family property market in Ventura, Santa Barbara & San Luis Obispo Counties, assisting in transactions of any scale, from duplexes to 50+ unit apartment complexes. We understand that each buyer and seller has unique circumstances and objectives, and we invite you to reach out to us to discover how we can assist you in achieving your real estate goals.
Representing Sellers
Sellers trust Beachside Partners to maximize the value of their properties through our extensive market expertise, tailored marketing strategies, and access to a wide network of potential buyers.
Representing Buyers
Experienced investors rely on us to identify premium properties that align with their investment criteria, while also offering in-depth market analysis, valuations, meticulous due diligence, and guidance in selecting financing options, legal representation, contractors and more. We actively source off-market opportunities, which provide some of the best investments for our clients.
Explore our deal stories below to delve into specific transactions showcasing how our expertise shines in representing both buyers and sellers, and read glowing testimonials from our past clients.
Understanding the 1031 Exchange Process
A 1031 exchange facilitates the exchange of one investment property for another, allowing for the deferral of capital gains taxes. Through this mechanism, investors can reinvest all proceeds from the sale of their investment property, postponing the payment of associated taxes. Failure to utilize a 1031 exchange may result in capital gains taxes ranging from 20% to 35% of the realized gain.
Key Guidelines of a 1031 Exchange
In a 1031 exchange, the replacement property must be of a like-kind nature to the relinquished property. Fortunately, virtually any real estate held for investment or business purposes in the US is deemed like-kind, irrespective of differences in type, grade, or quality. For instance, investors can swap a multifamily rental property for a larger apartment building or transition to a commercial property seamlessly.
Requirement for "Like-Kind" Properties
The primary exceptions to the like-kind rule in a 1031 exchange are personal residences and vacation homes. These properties are not considered to be of like-kind to any real estate held for investment or business purposes and hence cannot be utilized in a 1031 exchange.
Complete Reinvestments of Proceeds
To sidestep capital gains taxes entirely, investors must reinvest the entirety of the proceeds from the sale of their investment property. Simply put, the value of the replacement property must equal or exceed the value of the relinquished property to defer the payment of any capital gains taxes.
Consistency of Ownership Titles
The ownership entity listed on the title for the replacement property must mirror the ownership entity listed on the title for the relinquished property to meet the requirements of a 1031 exchange.
Local Roots, National Reach
Founded in Santa Barbara, Beachside Partners has strong local roots across the Central Coast, with incredible influence and relationships throughout the community. Our reach runs beyond the local level, with active client and professional relationships nationwide.
Extensive Client Network
One of our strongest marketing tools is our powerful network. At Beachside Partners, we pride ourselves on our tight-knit client relationships which are long-lasting and ever-expanding. Our marketing strategy for your property includes personal phone calls, emails and mailings to our well-qualified clients, often leading to further exposure within their personal networks.
Broker-to-Broker Outreach
We believe our clients benefit from our collaboration with other agents whether we are on the listing or Buy side. We regularly network with countless other agents in the tri counties which gives our clients access to off market properties and to the benefit of warm negotiations built on past successes.
MLS, Costar, Loopnet, Crexi & Third Party Sites
As members of various MLS Sites, which syndicate to thousands of third-party sites, your property will be quickly and effectively exposed to outside brokers, investors and business owners around the world.
Email Marketing
We send beautifully-designed email campaigns to our extensive network of investors, business owners, Brokers and personal contacts to announce the listing, and feature it continuously in informational newsletters to ensure your property stays top of mind with our target audience.
Professional Photography & Video
Beachside Partners works with professional photographers and videographers to highlight your property’s best features, maximizing effectiveness of its online presence.
Social Media
Through various social media tools, Beachside Partners utilizes target marketing strategies to expose your property to the right demographics.
Direct Mailing
Direct mailing is a powerful tool to re-engage our large network of clients and to reach local, regional and national prospects. In addition to targeting by location, we use direct mailing to target specific demographic spheres, including by income, profession and real estate activity. We send postcards to announce your listing and frequently feature your property in informational pieces.
Eye-Catching Collateral
We work with our in-house marketing designer to create unique, eye-catching marketing collateral, highlighting crucial investment and property features. This serves as a valuable take-away for buyers to reference key information after viewing the property.
Reputable Publications
We strategize to place advertisements during critical moments in a listings timeline, and in select publications—such as SBRPA, Ventura County Star, Pacific Coast Business Times, The Independent— each with distinct readership demographics and widespread distribution.
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Get In Touch
128 E. Carrillo Street, Santa Barbara, CA 93101
- [email protected]
- 805-453-5097
- DRE#02001768
© 2024 Beachside Partners, Inc. DRE#02001768 All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified.