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All Forum Posts by: Rene Miguel

Rene Miguel has started 1 posts and replied 3 times.

Buying & Selling Real Estate

Post: Are higher property tax properties worth buying?

Rene MiguelPosted
  • Posts 3
  • Votes 0

Thank you @Ryan Mahoney, @Amanda Kessler, and @Brian Adzadi. I'll begin running the numbers and seeing how it goes.

0 Votes
Buying & Selling Real Estate

Post: Are higher property tax properties worth buying?

Rene MiguelPosted
  • Posts 3
  • Votes 0

@Brian Adzadi, I like what you said. Quick follow-up question for you: What would you consider a good school and what tools are you using to determine it?

I was using Greatschools.org and considering anything above 6 a good school but I am still a newbie. 

0 Votes
Buying & Selling Real Estate

Post: Are higher property tax properties worth buying?

Rene MiguelPosted
  • Posts 3
  • Votes 0

Hello everyone!

I am doing my due diligence and exploring different areas in Chicago. My goal is to purchase a 2/3 flat property, strictly as an investment. I noticed that some areas, like the Town of Cicero/Berwyn, have high property taxes. Are these types of areas worth exploring? I am a bit of a skeptic as the property taxes really eat into the profits. 

Please advise!

0 Votes