Brie Schmidt

Brie acquired her first investment property in 2011 and left the corporate world in 2014 when she become a full time real estate investor. Brie is the Managing Broker of Second City Real Estate, a full service brokerage working with new investors and seasoned investors looking to expand their knowledge of the industry and their portfolio.

Brie utilizes her extensive knowledge of building and managing a portfolio to teach clients about all aspects of buy and hold investing. Brie teaches you how to analyze potential properties, how to calculate your ROI, best practices when marketing and leasing your rental property and how to be a landlord and build a portfolio. Brie’s job does not end when you close on a property; she is always available to help you throughout the process and scale your business.

Brie is a Co-Founder at The Midwest Real Estate Networking Summit, an educational summit for real estate investors. This three day annual event provides new to experienced investors with the tools and connections necessary to build a real estate business.

Brie’s other passion is travel and in the past few years she has been to Albania, Costa Rica, Croatia, Colombia, England, France, Germany, Greece, Ireland, Italy, Macedonia, Morocco, Portugal, Scotland, Serbia, Spain, Sweden, The Netherlands, and Thailand.

Brie has been featured various podcasts about real estate investing:

Podcasts

Read My Reviews


Contact Details
  • Office : 312-392-1650

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Laramie and Irving Park

Sold, Sold 2017
- 2-4 Unit

This was a newly renovated property n Portage park with a big yard and back deck.  We offered on the property and were outbid, and…

More Details
  • Gross Rents:$4,175
  • Cash Flow ( 20% Down Loan ):$912
  • Net Rents ( Less Expenses ):$2,912
  • Cap Rate: 6.98%
  • Number of Units: 3
  • Cash Flow (Low Money Down Loan): $300
  • Cash on Cash ( Low Money Down Loan): 14.40%
  • Cash on Cash ( 20% Down Loan ): 10.94%

Armitage and Damen

Sold, Sold 2017
- 2-4 Unit

This is a huge legal 3 unit property in Bucktown that was gut rehabbed in 2007.  It had two large 3 bedroom / 2 bath…

More Details
  • Gross Rents:$6,700
  • Cash Flow ( 20% Down Loan ):$1,647
  • Net Rents ( Less Expenses ):$4,727
  • Cap Rate: 7.36%
  • Number of Units: 3
  • Cash Flow (Low Money Down Loan): $704
  • Cash on Cash ( Low Money Down Loan): 21.94%
  • Cash on Cash ( 20% Down Loan ): 12.83%

Lawrence and Pulaski

Sold, Sold 2017
- 2-4 Unit

Interestingly, I saw this property a few years ago when it needed work and ran numbers for a renovation on it.  The project was too…

More Details
  • Gross Rents:$4,200
  • Cash Flow ( 20% Down Loan ):$869
  • Net Rents ( Less Expenses ):$2,849
  • Cap Rate: 6.90%
  • Number of Units: 3
  • Cash Flow (Low Money Down Loan): $263
  • Cash on Cash ( Low Money Down Loan): 12.75%
  • Cash on Cash ( 20% Down Loan ): 10.53%

Cermak and Western

Sold, Sold 2017
- 2-4 Unit

This was a brand new rehabbed property in Pilsen.  These large units have 3+ bedroom and 1.5 baths.  Two of the units were rented already,…

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  • Gross Rents:$5,000
  • Cash Flow ( 20% Down Loan ):$985
  • Net Rents ( Less Expenses ):$3,545
  • Cap Rate: 6.64%
  • Number of Units: 3
  • Cash Flow (Low Money Down Loan): $201
  • Cash on Cash ( Low Money Down Loan): 7.5%
  • Cash on Cash ( 20% Down Loan ): 9.23%

Roscoe and Cicero

Sold, Sold 2014
- 2-4 Unit

This property had really solid bones, and room to increase rents with a few smart upgrades.  The buyers moved in and did some upgrades unit…

More Details
  • Gross Rents:$3,500
  • Cash Flow ( 20% Down Loan ):$1,003
  • Net Rents ( Less Expenses ):$2,263
  • Cap Rate: 8.62%
  • Number of Units: 3
  • Cash Flow (Low Money Down Loan): $617
  • Cash on Cash ( Low Money Down Loan): 47.00%
  • Cash on Cash ( 20% Down Loan ): 19.10%

Elston and Irving Park

Sold, Sold 2016
- 2-4 Unit

M is an experienced investor and was looking for a rehab project.  We found this foreclosure property that was a legal 3 unit and M…

More Details
  • Gross Rents:$4,350
  • Cash Flow ( 20% Down Loan ):$926
  • Net Rents ( Less Expenses ):$3,006
  • Cap Rate: 6.93%
  • Number of Units: 3
  • Cash Flow (Low Money Down Loan): $289
  • Cash on Cash ( Low Money Down Loan): 13.33%
  • Cash on Cash ( 20% Down Loan ): 10.68%