256: Rents And Occupancy Are Still Strong In The Southeast

The West Coast is home to several multifamily markets but it’s becoming more onerous to be a landlord in these markets as a result of increasing regulatory restrictions. That’s why Max Sharkansky, Managing Partner of Trion Properties, is diversifying from the West Coast into the Southeast where there continues to be big migration from other parts of the country as a result of job growth, low taxes, and flexible work-from-home employment options. Even though the U.S. economy is in a state of flux and there are domestic and global uncertainties, trends continue to be in favor of growth in the South and Southeast. Trion properties has over 6000 units under management including both funds and individual assets. They’ve routinely generated annual returns in the 20% and even 30% range.