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Updated about 7 years ago on . Most recent reply

User Stats

100
Posts
14
Votes
Jak Dadi
  • Real Estate Investor
  • Saratoga, CA
14
Votes |
100
Posts

Lake County Illinois landlord friendliness and property taxes

Jak Dadi
  • Real Estate Investor
  • Saratoga, CA
Posted
Hi, I am evaluating and visiting a Multi family property in Lake County tomorrow. I am an out of state investor. I am hearing that Illinois laws are far more favorable on tenants and the property taxes are high. Can current investors in Lake County share their experiences and do’s and don’ts. I am good with section 8 tenants and have experience with some in California but does that help in Illinois? I will be hiring a PM for this property, assuming it meets My criteria of condition and location, and of course based on your inputs. Also, how much should I budget for snow removal and landscape? This is a 12-18 property. Thx Ami

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