Today we’d like to introduce you to Andy Wu.
Andy Wu is a real estate and investment professional with vast experience that encompasses finance, acquisitions, client relations, and asset management. He is currently engaged in the sourcing and managing new acquisitions, dispositions, and capital raising initiatives at RESICAP, an innovator in the institutional single-family rental industry. Headquartered in Atlanta, Georgia. RESICAP is committing to adding value to single-family assets and communities through strategic valuation, acquisition, construction, and property management services. Mr. Wu joined the company in 2017 and has been an invaluable asset to the team, having successfully acquired over 500+ single-family assets in the last two years. Before RESICAP, Mr. Wu served as an investment analyst for Altisource. In that role, he acquired over 180+ rental properties and successfully sourced and acquired four mid-size rental portfolios with a total value of over $15 million. Mr. Wu took the lead initiative in implementing new construction rental strategies in Georgia for both Altisource and RESICAP. Mr. Wu also co-founded Placement, a recruiting SaaS that offers solutions for small business to enterprise-level companies placing it impossible to find top tier developers with full detailed breakdowns of candidates to make sourcing more efficient. He also gained invaluable experience as a senior analyst and director of internal operations for Key Property Investing and as a financial controller for Siemens Industry US.
Well, he is respected for his diligence, skill, and ambition. Mr. Wu also advocates the value of a firm educational foundation. He received a Bachelor of Business Administration degree from Georgia State University-J. Mack Robinson College of Business also holds PMP and Six Sigma Black Belt certifications. Strongly committed to altruistic endeavors, Mr. Wu maintains an active profile in the local community and volunteers for Habitat for Humanity. In his spare time, his interests include exotic cars, traveling, and spending with his fiance, Ana, and their dogs, Oreo & Koko. Mr. Wu is also the author of the book, Intro to Excel, which is available on Amazon.
Great, so let’s dig a little deeper into the story – has it been an easy path overall and if not, what were the challenges you’ve had to overcome?
Of course, there are always obstacles in the business and personal world. You have to know how to deal with them. I treat all of my obstacles as opportunities. I look at them as the ways I can improve myself and be better at things.
RESICAP – what should we know? What do you guys do best? What sets you apart from the competition?
I work for RESICAP, the leading vertically integrated solution for institutional owners of single-family residential assets in the United States. We do asset management, acquisition/disposition, construction, property management and more throughout 34 states, managing over 23,000 homes. We recently launched a homebuilding company, ResiBuilt, that develops dedicated rental communities throughout Atlanta and has over 1,800 lots in the pipeline. Since 2017 I’ve worked on the investments side of the business where I’m responsible for acquisitions & dispositions of our distressed investment funds. Over the last nine years, we have bought, stabilized, and sold over 10,000 distressed homes for various clients through raising funds. Our investments are geared more towards the southeast markets i.e., Atlanta but we continue to evaluate markets deemed potentials.
What moment in your career do you look back most fondly on?
When I left my comfortable corporate finance job at Siemens to go into the private SFR sector, at the time, my friends & family thought I was crazy when I left such a promising career at a Fortune 50 company. Now looking back, that was one of the best decisions I have ever made. I have learned a lot and made a lot of good connections since then.
Contact Info:
- Address: 3630 Peachtree Rd NE, Suite 1500
Atlanta, GA 30326 - Website: Resicap.com & ResiBuilt.com
- Phone: 6783087722
- Email: awu@resicap.com
- Instagram: https://www.instagram.com/resicaphq/ & wuandy23
- Facebook: https://www.facebook.com/resicapHQ/
Image Credit:
RESICAP
Atlanta Agents Magazine
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