NICK T. TINCH

MANAGING PARTNER/CEO

Nick appears in the Top 100

People in Real Estate magazine

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Nick T. Tinch

There are those who measure success by wealth and power, doggedly pursuing goals to ascend the corporate ladder or attain some predetermined benchmark of prestige. Nick Tinch isn’t one of them. While he certainly has the attainments to warrant a lofty position among a list of notables, Nick is more concerned with his contributions toward the betterment of all and “bringing light to the darkness.”

In a career that embodies the sentiments of Martin Luther King Jr., Nick believes "The time is always right to do what is right," and he has built a life and career founded on serving people and uplifting communities. For Nick, it’s all about relationships and his role in improving the lives of his family and his clients. To that end, when Nick started his company, Equity Real Estate Group, in 2016, he crafted two mission statements: First, to build legacies and communities, and second, to employ the strategy he calls “DIP” (discipline in acquisitions, integrity in conducting business, and patience in every transaction).

Equity Real Estate Group is not Nick’s first venture into real estate. While it is the second phase of his career, Nick became familiar with the field as a home buyer when he was just 21 years old. At the time, he was working for a community bank, and it was in this role that Nick learned much about business and relationships. Nick remained in banking for 15 years, then, in a life-changing epiphany that led him to evaluate the “why” of his existence, he made the bold transition to a new vocation. He recalls, listening to a podcast ‘Your money has to have a job and work for you.’” Nick knew then that real estate would be the vehicle to building generational wealth and achieving his goals.

Since that time, Nick has built an astoundingly successful business, and while many in his shoes might be driven by the personal extravagancies brought by wealth, his motivation is the legacy he leaves behind for his two daughters and for the people whose lives he works to change for the better.

We spoke with Nick to learn more about his company, how it is improving communities, and what differentiates them in the real estate market.

Nick, first let’s talk a bit about your backstory.

 

You had to work very hard to get where you are. How has your personal history affected your career?

I come from a large family and humble existence. I have four sisters—one is my twin, and four brothers. We lived in an impoverished neighborhood and relied on food stamps, but we were all close. By the time I was 16, I was living on my own, and when I graduated high school, I was only reading at grade-school level. I often wonder how I overcame those obstacles, but I always believed in working hard. You have the ability to create the life you desire, and I just refuse to let my past determine my future. My grandfather used to say that I had a “God-given talent for turning a dollar,” and although I use money to make money, I’m a businessman at heart. Like many others, I just use my good fortune in ways that aren’t self-indulgent.

 

Can you tell us more about Equity Real Estate Group?

Equity Real Estate Group has a diverse portfolio of commercial property, land, single-family homes, and duplexes. In Q2 and Q3 of 2022, we are scheduled to build new construction homes and four apartment buildings. As a result of our rapid growth, we will expand from one office in Richmond, Virginia, to a second location in Arlington.

We are almost entirely autonomous and perform all the renovations internally. We own several dump trucks—a F350, a F450, a 2019 Bobcat, and a 2021 excavator, and other heavy equipment, and our staff includes HVAC, plumbing, electrical, carpenters, framers, and contractor specialists. This is not only convenient, but yields a higher return for our stakeholders and investor clients. Our ultimate goal is to get the properties completed and return the investment back to stakeholders and we work as a well-organized team, who understands that our mission allows us to do that.

What makes Equity Real Estate Group different from competitors?

I believe it’s our business model—we’re focusing more on the value we bring to the community, not the other way around. We always want to add equity and resources to a neighborhood. We do that by hiring local labor, donating to local charities, and reinvesting in the area. I don’t see it as doing anyone a favor. I’m grateful for the enrichment I receive from the work we do and the people we do it for.

You have a rather unique perspective on your purpose and role as owner and CEO. Tell us about that.

Real estate affords me the freedom to spend time with my daughters and enjoy life—I’m not motivated by financial gain. I also feel a great responsibility to do the “right thing,” and quite often, an owner or executive is restricted by business objectives, which countermand principles. I don’t allow that to color my decisions. I value relationships above all else, and I consider everyone I work with a partner and look for ways to benefit not myself, but the relationship I have with them.

Nick received a bachelor’s degree in psychology from Saint Leo University. He is a board member of the YMCA of Richmond and is a U.S. patent inventor.

 

Contact:
Nick T. Tinch
Managing Partner & Chief Executive Officer
Equity Real Estate Group, Arlington and Richmond, Virginia
Instagram: equityrealestategroup
LinkedIn: https://www.linkedin.com/in/nick-tinch-942647186    

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