Articles, Guides, and Advice from The Dorazio Real Estate Team
Renting Out Your Home While Serving Overseas: Tips and Considerations for Absentee Landlords
Renting out your home while serving overseas as a member of the military can be a practical way to generate rental income and maintain your property during extended periods away. However, managing a rental property from afar comes with its challenges and considerations. Here are some tips and considerations for military personnel who are considering renting out their homes while serving overseas.
The Role of Home Equity in Retirement Planning for Military Personnel
Retirement planning is a crucial consideration for military personnel, and understanding the role of home equity can be integral to creating a comprehensive retirement strategy. Home equity, the value of your home minus any outstanding mortgage debt, can play a significant role in your financial future, providing a potential source of income, asset growth, and legacy planning.
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…
The Power of Direct Control: Why I Chose to Build a Scalable Property Management Company from Scratch
Discover the pitfalls of outsourcing property management and why we chose in-house solutions at BCG Real Estate Group. Learn how to overcome challenges and find success in this insightful article.
First-Time Homebuyers in the Military: What You Should Know
Becoming a first-time homebuyer is a significant milestone, and for military service members, it comes with unique opportunities and challenges. If you're a member of the armed forces considering homeownership for the first time, this blog is designed to provide you with valuable insights and essential information to help you navigate the process successfully.
Steps to Homeownership - Financial Readiness for Veterans
Homeownership is a dream shared by many, and for veterans, it can be a particularly rewarding milestone. However, the path to homeownership begins with financial readiness. Here is a 9-step guie to financial readiness for veterans.
8 Home Loan Myths vs. Facts: Separating Truth from Fiction
Buying a home is a significant financial decision, and navigating the world of mortgages can be daunting. With so much information available, it's essential to distinguish between myths and facts when it comes to home loans. In this blog, we'll debunk common home loan myths and provide you with the facts you need to make informed decisions.
Making the Most of Your Military Housing Allowance: 7 Steps to Buying Smart
For military service members, navigating the real estate market can be both exciting and challenging. One of the significant advantages you have at your disposal is the Military Housing Allowance (Housing Allowance), which can play a crucial role in your homeownership journey. In this blog, we will discuss how you can maximize your Housing Allowance and make smart decisions when buying a home.
What is Radon Testing All About and Why Does It Matter? Exploring the Vital Importance of Radon Testing for Health and Safety in Your Home.
Discover the crucial role of radon testing in safeguarding your home and family's health. Learn why proactive testing and mitigation are essential steps in preventing radon-related health risks.
What Happens if Mold is Found During a Home Inspection?
Discovering mold during a home inspection can be alarming, but it's crucial to understand the implications. From identifying the type of mold to assessing its extent and potential health risks, understand the essential steps to take if mold is found. Don't panic—empower yourself with knowledge to navigate this situation effectively and safeguard your investment.
Everything You Need To Know About The Rise of the Mid-Term Rental
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.
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.
Property Management How-To - Are You The Right Person To Manage A Rental Property?
Property management is a tough business and one I do not ever recommend getting into unless you have a good reason to. Maintenance issues, evictions, bed bugs, dog fighting rings; we have seen it all and it can break a person who is not properly prepared for it. While it is a difficult business, there are some times where I do recommend managing your own rental properties.
Closing Days - What is the Best Day of the Week to Close on a Home?
Discover why avoiding Mondays and Fridays for home closings is crucial advice from real estate expert Andrew Dorazio. Opt for midweek closings to ensure smoother transactions and minimize potential delays caused by end-of-week rushes or weekend preparation.
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.