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Updated over 4 years ago on . Most recent reply

Chicagoland and how to find a good tax advisor
Hello! I started looking at open houses in Chicagoland because it is the area that I know. Some people say to start off with an area that you are familiar with.
However, I have also heard that the laws favor the tenants in Illinois. It also seems very difficult to find properties that will provide cash flow. Am I better off looking elsewhere even though I am new at this and this is the area that I know?
Also, do you have recommendations on how to find a good tax advisor? (Not asking for a referral but I am not sure how to find a good tax advisor.)
Most Popular Reply

@John Warren Also following this as I've been looking for a good tax advisor for a couple months. I just reached out to your suggestion so thanks for posting that!
@Tiffany J. Within the city limits itself, there is a pretty wide of variety of opportunity. You are likely able to find turn key or minimal cosmetic rehab in basically all areas, but have you thought about the type of return you are shooting to achieve? That will likely have a big influence in the area you decide to invest in.