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Living Off Rentals

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  2. #48 - Key Lessons Learned and Realizations after 12 Years of Rental Property Investing - Andrew Dorazio

#48 - Key Lessons Learned and Realizations after 12 Years of Rental Property Investing - Andrew Dorazio

Jan 13, 2021

Today’s guest has exceptional experiences in real estate investing. Andrew Dorazio was a US Army veteran when he discovered the idea of real estate investing. So, he took the risk to invest in various properties with diverse markets.

Single-family properties, multifamily properties, short-term rentals, a 4-plex, and an 11-unit property - you name it! He has a decade worth of investing experience in all these types of properties and he is just getting started!

In this episode, identify the perfect market for you by listening to the different markets he has invested in - El Paso, Cleveland, Chicago, and Nashville. You’ll also learn from his own experience as he shares the ups and downs of his investing strategies in these different markets and types of properties.

There’s more! You’ll hear tons of advice and lessons that he acquired to be able to make better investing decisions so this is an episode that you don’t want to miss!

Key Takeaways

  • Why El Paso is a great market for new investors
  • Why you should check every unit of your property
  • What to look for in a property manager
  • Retaining existing tenants than attracting new ones
  • Learnings from his experience in the Cleveland market
  • His analytical approach to the Nashville market led him to his best deal yet
  • How the pandemic affected his investments
  • Why he is attracted to the Chicago market
  • Focusing his time on finding deals and raising capital
  • Why bad things can happen even in a good market (and other wholesome advice!)

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