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.

Discover the transformative potential of Mid-Term Rentals (MTRs) amidst the evolving real estate landscape, catalyzed by the challenges of COVID-19. Witnessing a surge in vacancies, property owners pivoted towards MTRs, finding a lucrative middle ground between short-term volatility and long-term stability.

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.

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.