Why I like the Southeast for Multifamily Investments
We strategically focus our multifamily investments in the Southeast region of the US for two key reasons:
Lower Costs - Properties are less expensive to acquire in the Southeast than in other parts of the country. Simply put, we can buy more NOI and rent for our dollar invested here versus other regions. This allows us to maximize returns.
Strong Growth - The Southeast, especially cities like Huntsville, Atlanta, and throughout the Carolinas, are experiencing rapid population and job growth. Huntsville for example has more STEM and tech jobs per capita than anywhere in the US. Major employers are flocking to these markets, bringing new residents and renters. This fuels the demand for multifamily housing.
Concentrating investments in one market allows you to scale faster, reduce costs, build relationships with brokers and acquire off-market deals.
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Have you found similar success in a different market? Chime in.
