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Updated almost 12 years ago,
Overcoming Property Tax
There are others on BP that live in really high property taxed areas, how do you overcome this?
I have looked at 50-75 multi family units around the Chicago area and most aren't even profitable let alone 100+ per unit. Some are being marketed as turnkey ready to move in and collect checks, I know that's BS to begin with but after running numbers they are losing 150-200/month at their list price...