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Dolores Gonzalez
  • Investor
  • Chicago, IL
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Should I continue to invest in Illinois or focus on Indiana

Dolores Gonzalez
  • Investor
  • Chicago, IL
Posted Jun 20 2018, 09:11

Hello BP,

I own 3 multi-family buildings in Chicago.  I have plans to ramp up my real estate investing.  I would love to acquire another handful of buy and hold rentals over the next few years.  I have also been contemplating aiming to do one or two flips per year.  I am very close to the Indiana border.  Over the last several months I have been seeing a lot of articles about a mass exodus from Illinois to surrounding states due to high property taxes and other factors.  At the same time, I work for a property tax firm, and it seems that there are still many investors that see potential in the Chicago area. Does anyone have any advice as to where i should continue to invest.  I don't think I currently have the access to funds to invest in higher end properties at this point.

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