Screen Name: Newhouse Equity

Newhouse Equity
Points: 1784
Georgetown, Texas
United States
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Newhouse Equity
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My Details
Activity Level: Part-Time
Investing Since: 1994
Reason on REI: Tools & Resources
Member Since: 01/05/2008
Last Login: 01/19/2012
Other Interests
- Dedicated to my wife and 3 children
- Running; completed 11 marathons to include Boston (PR 2:47)
- Reading; finance, economics and some fiction such as Grisham
- Intend on one day playing a lot of golf and cycling
Looking For

About Me
We have purchased and held numerous investment properties in the Austin to Fort Hood area since 1994.  In early 2010, we will relocate from Northern Virginia back to Georgetown, Texas area where I will take the plunge into FT REI - working alongside a close friend in the area.  At this time, I will take on a more active role/aggressive in managing the portfolio, while growing and seeking efficiencies in leaning the business.  I hold a Masters of Administration and  currently working towards my RE Brokers License.  I am passionate about real estate investment and finance -- 2010 can't come soon enough.
My Business Model
God and Family, then Business.

We are long-term, buy-and-hold investors.  The goal of our RE investment portfolio is to lead a disciplined, somewhat frugal lifestyle in order to aggressively reduce single targeted mortgages at a time in pursuit of 100% equity, and boosting the compounding effect of multiple rents.  The onset years of this model were challenging, although the later years lead to exponential returns and growth. 

In early 2010:
- Bid the bureaucracy of DC a final farewell!
-
Seek opportunities to pool resources with like-investors
- Begin exchanging/rolling portfolio properties into new/newer rentals to reduce costs
- Seek additional longterm properties and rehabs
- Provide selfless leadership and service to the community
- Most importantly; be a full time husband and father to my
beautiful wife and three children


My Contacts
Newhouse Equity has 249 contacts

Louzonteno
tsurber
OilMan
bschoolcraft
waymaker
crdelvry
sandorr
sniggins
aeinvestor
AndyTolbert
wildbill777
ariveur
My Comments
From: tchandy
08/17/2010

Wish we would have met earlier since I just left Killeen two months ago after spending bits and pieces of four years there. 

Thomas


tchandy

From: Property Management and YP Consulting
01/13/2008
I love that you all are running "The House" in DC. That's so cool. I haven't been blessed to see a majority of my guys graduate with honors, but Cain (from the picture) got a job at Starbucks shortly after that picture was taken and he's kept it for almost a year now. He's working hard to support his daughter and make a future for himself. Naturally, he'll need more than just hard work, but he's God and community to help him through. If you all are ever in Chicago please give me a call. I'd love to take have you over to my hood for a meal.
Property Management and YP Consulting
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