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St. Louis Real Estate Forum

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Kole K.
  • Investor
  • Farmington, MO
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rent property in Collinsville, Illinois

Kole K.
  • Investor
  • Farmington, MO
Posted Jun 5 2019, 18:01

Anyone currently investing (or previously looked at) rental properties in Collinsville, Il? Pros, Cons, TLDR? 

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Andrew Caldieraro
  • Collinsville, IL
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Andrew Caldieraro
  • Collinsville, IL
Replied Jun 5 2019, 18:37

I see a lot of properties that are for rent right now in Collinsville. I live here and I don’t plan on investing in Collinsville. The taxes are higher. You can buy cheaper here than in some other neighboring towns, but we all know how that goes - It’s for some people and not others, just like investing in north county is. There are a couple smaller multi family properties for sale, but $500/unit/month isn’t worth the risk and headaches to me.  

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Kole K.
  • Investor
  • Farmington, MO
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Kole K.
  • Investor
  • Farmington, MO
Replied Jun 6 2019, 04:51

Thanks Andrew, exactly what I was looking for

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Elijah Roberts
  • Real Estate Investor
  • Fairview Heights, IL
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Elijah Roberts
  • Real Estate Investor
  • Fairview Heights, IL
Replied Jan 27 2020, 10:52

Which neighboring cities would you recommend investing in Andrew?