JF3663: Overcoming Rent Control Challenges, Managing 95% Vacancy in Value-Add Deals, and Expanding into High-Growth Markets ft. Zihao Wang

The Best Ever CRE Show

Zihao Wang, CEO at Motiva Holdings, discusses their value-add multifamily investment strategy and portfolio growth. They focus on both Southern California and other markets such as the Texas Triangle and the Midwest. In Southern California, they target two types of value-add plays: properties with mom and pop owners who haven't raised rents due to rent control, and properties with sophisticated operators who have already added value but still have rental upside. Zihao explains how rent control affects their strategies and the challenges of re-tenanting properties. He also discusses their capital raising approach, return projections, and the benefits of investing in different markets.

Zihao Wang | Real Estate Background

• CEO at Motiva Holdings
• Portfolio:
  • 34 projects ; 1663 units ; ~$0.5B capitalization
• Based in: Commerce, CA
• Say hi to him at:
  • LinkedIn
  • www.motivaholdings.com
• Best Ever Book: Rich Dad, Poor Dad - Robert Kiyosaki
• Greatest Lesson: Never stop learning. The scariest thing in our fast-moving world is that you don't know what you don't know.

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