Articles, Guides, and Advice from The Dorazio Real Estate Team
Is Real Estate the Right Investment for You?
Real estate can be a lucrative path to wealth but isn't without challenges. High costs, market fluctuations, and ongoing responsibilities mean it’s not the best choice for everyone. Explore whether real estate investing aligns with your goals and resources.
Navigating a Complex REO Deal: How Our Client Secured a 2-Flat Property - A Case Study
Securing a 2-flat property through a challenging REO deal, our client faced numerous obstacles, including unresponsive sellers, maintenance issues, a difficult tenant and several last-minute surprises. Despite these hurdles, a strategic approach led to a successful investment and the addition of a valuable property to their portfolio.
From Dream to Reality: How I Helped a Veteran Client buy a 4-Flat with Zero Dollars in Out-of-Pocket Expenses
Discover how I helped an Air Force veteran buy a $965k 4-flat in Chicago with zero out-of-pocket expenses using a VA loan. This journey involved overcoming unexpected challenges and highlighted the importance of having a knowledgeable team experienced in VA loans and multifamily investments. Learn how strategic planning and thorough due diligence can unlock incredible wealth-building opportunities for veterans.
11 Things I Wish I Knew When I Was 22 And Getting Started In Real Estate
Discover the 11 essential lessons I wish I knew when I started investing in real estate at 22. From leveraging loans and finding mentors to focusing on strengths and understanding taxes, these insights will help you avoid common mistakes and fast-track your success. Click to learn how to shape your future one property at a time!
Adding a Conforming Additional Dwelling Unit (ADU) to a building in one of Chicago’s Non-ADU Zones
Considering adding an Additional Dwelling Unit (ADU) to your Chicago property? In this post, we'll explore the process of adding an ADU to a building located in a non-ADU zone. Chicago's 2020 pilot program aimed to legalize basement, attic, or coach house units, expanding affordable housing. While challenging, it's possible with the right team—attorneys, architects, and aldermanic support. By navigating the process strategically, you can unlock the full potential of your investment.
Renting Out Your Home on Airbnb: Pros and Cons for Military Personnel
Renting out your home on Airbnb can be an appealing option for military personnel looking to generate extra income, especially during deployments or extended periods away from home. However, it's essential to carefully consider the pros and cons before listing your property on the popular short-term rental platform.
Multifamily Investing in the Chicago Market
The Chicago multifamily real estate market can be complex, and at times filled with potholes and landmines. It is extremely vital - if you are going to invest in multifamily properties in Chicago - that you do these four things…
What is the Best Day to Close on a Multifamily Property?
Discover the optimal timing strategy for closing on a multifamily property—learn why targeting the 5th to 10th of the month maximizes rent retention, tenant communication, and ensures a smooth transition.
Andrew’s interview with Jonathan Lee of Military Money Matters
Andrew Dorazio, a veteran entrepreneur, shares insights on his journey from real estate investment to founding Beat Coast Guard, LLC, a property management firm in Chicago. Leveraging creativity and partnerships, he maximizes property potential, emphasizing the importance of focus and networking for aspiring veterans. With a military-honed work ethic, Dorazio exemplifies leadership in real estate.
Getting Started in Multifamily: Joint venture vs. Syndication with Andrew Dorazio
View real estate investor Andrew Dorazio’s appearance on The Multifamily Journey Podcast with Blake Dailey. Andrew discusses how to scale on a small budget, due diligence, partnership requirements, legal concerns, why forming an LLC is an advantage, and being resourceful to achieve success in real estate investing.