All Forum Posts by: Frank Gigliotti

Thanks

It takes some knowledge,hard work, luck and big @!LLS

I know that in Chicago they have recently started going off of market rates! As a matter of fact a college of mine put in for a rent increase and ended up getting a decrease because of the market rates....Crazy right  

I was born and raised in Chicago and love it here but the taxes are just out of control. I hate to say it but Chicago could be the next Detroit!! That scares me. Besides I have made between 60% and 80% returns on my investments over the past 4 years so why wouldn't I sell???

I figure I could start investing somewhere that I might consider retiring to one day. I would prefer a warmer climate so Fort Wayne would be out, But thanks Chris L.

Hello all

Im an investor in Chicago and have done pretty well over the last few years. I am thinking about selling and investing out of state but am just not sure where. The main reason for this is that taxes are way to high and my thought is that my  money would would work harder for me some where else, like TX. Any thoughts?

I do feel the same way but i also feel like im one bad deal away from a bad storm!

I have been investing in 3-4 unit properties in Chicago for the past 4 years and everything is going great but I feel like every time I purchase a new property im taking two steps back. Like im taking from Peter to pay Paul. 

I have been buying in cash then cashing out on the property to get the next one. I have just recently finished a 3 unit and have it up and running and am now face with the choice  to continue on this path or slow down to pay off some debt.

Any advice?