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Nicholas Richard Ray
  • O Fallon, MO
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Investing Across The River

Nicholas Richard Ray
  • O Fallon, MO
Posted Feb 21 2018, 15:53

Hey BP,

I've been thinking recently on a topic that surprised me when I realized I had kind of thought this way my whole life and that is - going across the river to Illinois.

To be more specific, I grew up in O'Fallon. So a decent drive from Illinois hence why I likely haven't been there much or know much about it. But even further, it was just something my mind never even thought about as if it was just too far and mysterious to know about. 

Now thinking of investing, are there any areas nearby across the river that anybody looks into? I'm well aware East Saint Louis is gonna be a no-go for most all investors. Any surrounding areas that we've heard good things about? Also, does it affect us in a different way by owning a property in another state as far as taxes go? Landlord-tenant laws and construction laws are a must to check when moving over state lines of course.

Let me know what you guys think!

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