All Forum Posts by: Catherine Dickerson
Catherine Dickerson has started 1 posts and replied 6 times.
Post: webinars
- Investor
- Joliet, IL
- Posts 6
- Votes 2
Thanks, Michael. It was supposed to start a half hour ago and I have seen nothing. I"m confused.
Post: webinars
- Investor
- Joliet, IL
- Posts 6
- Votes 2
I am signed up for tonights webinar but don't know where it is. How do I get into it?
Post: Newbie from Chicagoland...
- Investor
- Joliet, IL
- Posts 6
- Votes 2
Thanks, everyone for your encouragement and advice. It is much appreciated.
Post: Newbie from Chicagoland...
- Investor
- Joliet, IL
- Posts 6
- Votes 2
Thanks, Jonathan.
Post: Newbie from Chicagoland...
- Investor
- Joliet, IL
- Posts 6
- Votes 2
I have just discovered Biggerpockets.com and am finding it very informative. I started my real estate investing in 2006 just before the recession. That has slowed me down quite a bit and am just now getting reading to consider investing again. I am very interested in multifamily properties. I currently own a four plex in Joliet, IL. The cash flow from the property has "carried the day" as my LTV is not looking good because I bought in 2006. I would love to add my portfolio. Managing the property has been challenging at times but the cash flow keeps me at it. Real estate taxes are killer here so don't know if I will be investing again in Illinois.
Post: Newbie/Accidental Landlord in West Suburbs of Chicago
- Investor
- Joliet, IL
- Posts 6
- Votes 2
I am new to this site and really loving it. I also, like Nick, bought property in 2006. One single family and a four plex in Joliet IL. My LTV is also not looking very good but cash flow is ok and I am hanging on. Would like to invest in other properties but am considering looking outside of Illinois because of the property taxes. They are the second highest in the country, I have read, only second to New Jersey.
How are the rest of you feeling about the taxes here in IL?