E258 Max Sharkansky - Building and Scaling a $1 Billion Multifamily Investing Company, Navigating the Current Economic Landscape & Thinking Long-Term

Max Sharkansky, co-founder and managing partner of Trion Properties, oversees all aspects of Trion’s business from acquisition, disposition and property management to capital raises from lenders and equity partners, as well as the creation and management of their internal discretionary funds.

Tyler and Max discussed Max’s immensely successful multifamily business trajectory, thriving in the great financial crisis, the inflationary environment, making long-term business decisions and more!

Highlights include:

• Why Max’s business is focused on growing in the southeast
• What Max’s team accomplished during the great financial crisis
• The evolution of Max’s business 
• How Max’s team gets access to deals, and how they look at value-add deals month-to-month
• Max’s thoughts on the interest rate environment
• Projecting rent growth and untrended return on costs
• How Max’s team delivers outside returns without outsized risks 
• Approaching distressed versus value-add deals 
• Max’s business decision to become vertically integrated 
• Operating in an inflationary environment
• The two major roles mindset plays in the success of Max’s business
• Diet, exercise and travel 

 

Connect with Max:

 

Website: https://trionproperties.com
Email: max@trionproperties.com
LinkedIn: https://www.linkedin.com/in/max-sharkansky/
Twitter: https://twitter.com/maxsharkansky

The following books and resources were mentioned in the show:

Atomic Habits by James Clear
The Ride of a Lifetime by Robert Iger
Narrative of the Life of Frederick Douglass

 

Are you a real estate investor looking to elevate your income, freedom & lifestyle? If so, optimize your daily performance by downloading our free guide, Raising the Bar - 5 Steps to Elevate Your Habits, at elevatepod.com.

In this guide, created by your host Tyler Chesser, you’ll learn why you do what you do, how to easily institute cues in your environment to trigger desired behavior, directly applicable steps to create a fulfilling future and much more. Get your free copy at elevatepod.com and kick-start your new habits today. Your future self will thank you!

This episode of Elevate is brought to you by CF Capital, a national real estate investment firm. CF Capital’s mission is to provide property investment and asset management solutions to help investors like you maximize their returns by investing in high-value multifamily communities.

 

If you are looking for risk-adjusted alternative investments in quality apartment communities, and are seeking tax optimized cash flow with appreciation upside without all the hassle of management, you might benefit from learning more about investing alongside our team. You’re invited to reach out and learn how you can invest with us by visiting cfcapllc.com.

 

We’re also currently offering a free ebook called The Bottom Line - 10 Ways to Increase Cash Flow in an Apartment Complex. Whether you’re a new or an experienced investor, we’re confident you’ll find massive value in this resource. Get your free copy today at cfcapllc.com.