I'd like the building to be within 10 minutes walking distance from a Brown Line L stop, ideally in Lake View, North Center, or Ravenswood.

A community of growth oriented, abundance mindset, go-giver individuals with a BARE MINIMUM commitment to become financially free through real estate investing.We focus on providing education and building networks to help every member solve their cash-flow freedom equation, so they can have the time-freedom needed to follow their passions, make a lasting impact and even change the world!

I went from a W2 job to building a portfolio of 500+ units over the last 5 years by starting small and scaling smart.

Build-to-Rent (BTR): A Steady Income StreamWith homeownership becoming less attainable for many, build-to-rent properties are in high demand.

See, when building a portfolio, appreciation is key, and the #1 factor that will dictate things.

Based upon the cost seg studies of my clients, a building will typically yield 25-30% of the total cost that can be segregated into personal property and land improvements.

The rent goes back into my ROTH account, builds up and then I buy another property when I can.

How do I acquire the funds to build an ADU to the property?

I’ve worked with several first-time investors, including out-of-state buyers like yourself, and it’s 100% possible to build a successful short-term rental (STR) business even when you’re managing remotely.

What nice though with that is you build equity quicker.So just adding my experiences with the commercial side, from an owners point of view.Good luck!