Tim Steele

With an entrepreneur’s spirit, Tim lived his early years providing services recycling, carrying newspapers and lawn care. Then, joining the Marines out of high school, he traveled the world through military service. It was in business school, where he excelled, graduating with high honors, that he developed the skills to grow a real estate business. Always a saver, investing came early to Tim. At just 12 years old, he started investing in CD’s (Certificates of Deposit). During military service, he learned the value of government bonds. Not long after, he would begin to diversify with stocks and mutual funds. In 2002, Tim purchased his first property and began his real estate investing journey. House and Home Properties, LLC was created in 2011; through this company, Tim found a variety of investment opportunities renting, flipping, vacant land, wholesaling, spec build, and multifamily. With a record of renovating extremely distressed properties, Tim grew a business of rehabbing unloved houses into beautiful, family homes. The many advantages to owning multifamily real estate such as huge tax savings, stable cashflow, increased leverage and controlled management, are what attracted Tim to multifamily. So, he created Ginkgo Holdings, LLC to form partnerships with family and friends to acquire and operate multifamily apartment buildings. Tim believes real estate investing has given his family an enhanced quality of life. It has provided his family with not only financial freedom but also time freedom. He wants to share the opportunities found in real estate with family and friends. He wants to spread the wealth.