Everything Apartments

The 1031 exchange is an excellent mechanism to defer capital gains and grow net worth on commercial and investment real estate sales. In this episode, we drill into the mechanics of a 1031 exchange and also highlight potential replacement property types.  Eric J Christopher | WSC Realty Advisors Inc | 949-463-2787  eric.christopher@wsc-pm.com 

Title and Title Insurance is a part of almost every real estate transaction and while most understand the basics of what it is, a slightly deeper knowledge can help Owners who are planning a sale or refinance. In this episode, we visit with Caitlin Stearns, Vice President at Fidelity National Title to take a brief drill down on this important, but often overlooked aspect of the transaction.  Caitl...

As the listing marketing proceeds full steam, offers begin to come in. How best do we analyze and respond to offers to elevate your position as a Seller and then create a smooth and efficient closing? Find out more in this episode Eric J Christopher | WSC Realty Advisors Inc | 949-463-2787  eric.christopher@wsc-pm.com 

 Once an Owner decides to sell and lists the property with us, the marketing process begins. In this episode, we demonstrate the best way to prepare and then present the property offering to the Buyer pool to identify the  most probable buyers and create more offers. Eric J Christopher | WSC Realty Advisors Inc | 949-463-2787  eric.christopher@wsc-pm.com 

When an Owner begins to consider selling investment real estate, there are many questions to be answered -- What is the end goal? What is the value of the property to be sold and what strategy will yield the best outcome? In the first episode of our Property sales series, we discuss the initial steps to achieving the highest value sale.  Eric J Christopher | WSC Realty Advisors Inc | 949-463-2787 ...

Filling your vacancy as fast as possible with a good tenant is always a challenge. In this brief episode we explore using open houses to get more showings of your unit in a short period of  time Eric J Christopher | WSC Realty Advisors Inc | 949-463-2787  eric.christopher@wsc-pm.com

 As Apartment owners and managers, none of us are immune to having a vacant unit from time to time. The speed and efficiency with which we can harvest a new tenant is key to maintaining and improving cash flow. In this episode, we dissect our process for making the most out of our leasing leads to get a good Tenant faster.  Eric J Christopher | WSC Realty Advisors Inc | 949-463-2787  eric.christop...

In this episode we briefly analyze 2024 and rolling 6-month sales trends on Long Beach apartment complexes. How has the market acclimation to the new interest rate environment and turbulence in the insurance market reflected in sales activity and prices? Eric J Christopher | WSC Realty Advisors Inc | 949-463-2787   eric.christopher@wsc-pm.com  

Apartment electrical is one of the big systems we as Owners and Managers are challenged with but is one that is largely not understood, at least for this property manager! In this episode, we visit with Kim Hopkins, Owner of The Electrical Connection, a 40 year old electrical contractor specializing in property management The Electrical Connection https://www.theelectricconnection.com/ 818-446-088...

In this episode, we visit with Nick Pantuso, an excellent source for financing on 1-4 units. We take a brief economic dive as it relates to loans and the importance of not waiting to buy real estate, but buying real estate and waiting Nick Pantuso 805-390-4788 nick@ndpfunding.com Eric J Christopher | WSC Realty Advisors Inc | 949-463-2787  eric.christopher@wsc-pm.com

The eviction process in Los Angeles County has become an increasing time and money pit for Apartment Owners. Tenant Buyouts, commonly termed "Cash for Keys" is a great way to cut down both time and expense. Today we visit with Sasha Struthers, an Attorney that assist you with Tenant Buyouts.  Sasha Struthers, Esq. Struthers Legal APC 323-982-8825 | sasha@struthers.legal Eric J Christophe...

Interest rate increases have begun to show their effect on sales volume and pricing of Long Beach apartment properties. In this brief episode we analyze the recent sales market and provide some strategy for borrowers with loans moving to adjustable rate this year. Eric J Christopher | WSC Realty Advisors Inc | 949-463-2787  eric.christopher@wsc-pm.com

Pests ranging from Cockroaches, Rats and even Racoons and Skunks love to take up tenancy in apartment complexes. While these creatures will always be around us,  we can do our best to minimize their stay. Evictions are a little different for this than with regular Tenants! Today we visit with Diego Hernandez, Owner of Lady Bugs Pest Control to discuss how we can minimize exposure to pests in our p...

Historically, Apartment property insurance has been something of a sleepy topic not requiring much attention. Premiums were relatively predictable year over year. But with recent changes to the insurance landscape in California, Insurers are now charging premiums of 50-100% more than the previous policy . Today we visit with Commercial Insurance expert Paul Smith for some clarity on our property i...

Tennessee has become a white hot destination for California apartment investors and residents alike. Find out what all the excitement is about as we speak with Adam Klenk, Managing Partner of Capstone Companies, a leading multi-family brokerage in Tennessee and neighboring states.  Adam Klenk, Capstone Companies  adam@capstone-companies.com 800-746-3175 x7006 Eric J Christopher | WSC Realty Adviso...

Since starting Long Beach apartment brokerage in 2006, I've tracked the market to a level unmatched by anyone. The tool I've developed over that time will put you in the best position possible when it's time to buy another asset. Eric J Christopher | WSC Realty Advisors Inc | 949-463-2787  eric.christopher@wsc-pm.com

Title Insurance is something we all know as a necessary part of a property sale or refinance. While the exposure to a claim is remote, today we talk with Doug Thompson of WFG National Title Insurance Company to understand this insurance a little better, and also help Sellers avoid delays in escrow based on title issues. Doug Thompson, Vice President, Sales Direct: 714-726-5321 dthompson@wfgtitle.c...

Is the new interest rate environment beginning to reflect sales volume and prices? In this "micro" episode we look at quarter to quarter sales metrics of apartment sales in Long Beach and also compare how 3-4 unit properties register against their 5+ unit counterparts. Eric J Christopher | WSC Realty Advisors Inc | 949-463-2787  eric.christopher@wsc-pm.com

State and local governments have assumed an increasing and oft times adversarial role in the operation of rental housing. Today we speak with Janet Gagnon, Director of Government Affairs and External Relations with the Apartment Association of Greater Los Angeles to learn ways Owners can join together to counter the overreach. Janet would love your questions - janet@aagla.org Eric J Christopher |...

Securing financing for purchase or refinance of apartment buildings is a huge component to investing and is also very dynamic. Today we visit with Michael Presser of Walker & Dunlap who is an expert in all types of apartment financing and we dissect what is happening in the current lending environment.  Michael Presser, Senior Director, Capital Markets  Walker & Dunlap 310-993-6043 mpresse...

Most multi-level apartment complexes have exterior stairs, walkways, decks or balconies. These exterior elevated elements (EEEs) are the subject of SB 721 which has been in place since January 2020 and requires owners to have these items inspected by January 1, 2025. Today we visit with David Tashroudian, Owner of Retrofit 1, a firm specializing in SB 721 inspections in Los Angeles. David discusse...

Adding Microstorage units to unused space in your apartment complex is a great amenity to offer Tenants and also a great way to increase your net income. Today we  talk with Christian Sonne of Self Storage Economics who has a turn-key solution for owners that is zero dollar out of pocket to help you. Christian Sonne,  Self Storage Economics 714-234-0334 | chris.sonne@selfstorageeconomics.com Eric...

Escrow is a necessary part of a property sale and a lot goes on behind the scenes, especially if there is a 1031 exchange involved. In this episode, we visit with Laura Chambers of Long Beach Escrow and Long Beach Trading Co. Laura is an expert Escrow Officer and 1031 Exchange Accomodator and gives hints on how Buyers and Sellers can help make the process as smooth as possible. She can be reached...

Short-term rentals (Airbnb, VRBO) are a very viable business model that apartment owners can take advantage of. In this episode, we visit with Alex Jarbo, a Short term rental Developer, Syndicator and Operator. Alex provides some helpful information and tips that Owners can use to begin the process. Alex has a wealth of information available and opportunities to invest. More information: AlexJarbo...

Covid related tenant management, collection and eviction issues have heavily burdened landlords for over 2 1/2 years. In this episode, we visit with Attorney Dennis Block, arguably the prominent Eviction Attorney in Southern California, to better help Landlords navigate this challenge moving forward. Referenced websites: evict123.com - Dennis Block's website  rentometer.com - Provides area re...