A Chicago couple sees investing in real estate as a way to boost their income. A financial pro offers advice.
Austin Laue and Megan Laue bought their first home last year in Northbrook, Ill., near Chicago. Now they’re considering whether buying more real estate is a good way to build wealth.
Mr. Laue, 29, works in tech, and Mrs. Laue, 28, is an educator. Together they earn about $255,000 a year. In addition to contributing more than 10% of their combined income to workplace retirement-savings plans, they’ve been able to save about $45,000 in cash and build an investment portfolio worth $222,000.
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