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Jack T.
  • Investor
  • Palo Alto, CA
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13
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Chicago area investing - property taxes too high?

Jack T.
  • Investor
  • Palo Alto, CA
Posted Oct 13 2016, 15:53

Just curious about the folks that invest in Illinois properties. I'm from CA and have been investing in Nashville SFHs, but would like to start invest in the Chicago area, since I have roots there and many connections. But the property taxes seem so extremely high that I've been hesitant. Wondering if those of you who invest in that area have found the rents high enough to justify property taxes that seem about 5 times higher than TN. Can you really make a decent return if you're investing for cash flow?

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