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Updated about 7 years ago on . Most recent reply

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Sezuo Daudu
  • Chicago, IL
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Is Indiana a good state to invest in

Sezuo Daudu
  • Chicago, IL
Posted
Looking at possibly investing in Indiana merriville, schereville, dyer perhaps areas. Wondering if that is a good idea?

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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Replied

@Sezuo Daudu the taxes are slightly better in NWI, but you may find that the purchase prices are not that much different to Chicago. The rents also tend to be better in most areas of Chicago. Taxes are lower in Indiana as a percentage of property value. I own a 20 unit in Indiana, but my 9 unit in Berwyn has been a much better investment in my opinion. 

  • John Warren
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