I have spoken with many investors about how they handle their property taxes and the overwhelming majority seem to appeal their annual assessment only when the value jumps a certain percentage (say 5-10%). There are a...
Hello. I am considering purchasing a property in Illinois, currently I do most of my investing in Michigan. Is Illinois a redemption state? If so, how many months after the sheriff sale before it expires? In Michig...
I am looking for anyone who owns property in these areas or has knowledge of the situation. I have always been told to stick in NW Indiana strictly because of eviction laws. But lately I have been able to find propert...
I live in Chicago and so I wanted to ask for some advice from other Chicago landlords. My question is about the legal way to give a tenant an eviction letter. Does it have to be face-to-face or could it be through c...
Hello, Any private owners on here have personal experience with renovation spend and then qualifying for IHDA tax credits? This is in Cook County, not the city, but it doesn't seem like there is an Illinois specific...
We bought a house in March with the intentions to rent our basment for Short term. We did and it was decent! November and December took a nose dive. We get most bookings on Airbnb. Not many at all on VRBO. Anyway I am...
I purchased a single family home good quality location in Chicago’s Northwest Suburbs in Cook County as a personal residence. At the time of purchase, I knew I might not want to stay indefinitely and at some point to...
Good Evening,I need some help answering some questions I have about forfeiture taxes. There's an empty lot next to my property I been wanting to buy. Unfortunately it's not for sale. I did my research and i found out ...
I am looking to get my rental property taxes reassessed to increase my CAP rates. All my properties are in Cook County. I have been interviewing companies and have narrowed down a few. It seems that most charge betwee...
Is leaving a 5 day notice posted on the tenants door a legal delivery of a 5 day notice in Illinois? I would prefer to hand deliver but the tenant refuses to answer their door.The official form I downloaded from the c...