Andrew Luong

Who is Andrew Luong?

Andrew Luong is the Co-founder and CEO of Doorvest, a real estate investing platform that allows busy people to own and invest in passive income rental homes entirely online.134

Key Facts About Andrew Luong

• Co-founded Doorvest in March 2020 with the mission to advance financial security for all via ownership of out-of-state rental properties2
• Previously worked as a Partnerships Manager and Account Executive at Human Interest, a 401(k) provider for startups and small businesses3
• Invested in single-family and small multifamily homes across the U.S. as a Principal at NextGen Capital Ventures LLC3
• Studied Finance at the University of San Francisco3
• Speaks English, Spanish, and Vietnamese3

Doorvest's Mission and Offerings

Doorvest aims to make real estate investing accessible to everyday investors by providing an end-to-end solution to buy, renovate, and manage rental properties.12 The platform:

• Identifies, plans, purchases, and manages rental homes for users
• Provides extensive renovations to deliver a "new" home
• Guarantees the first year's rent and maintenance
• Offers an average cash-on-cash return of 6% while capturing tax and equity advantages2

Doorvest has raised close to $18M in equity and $25M in debt to fund the company's growth and expansion.2