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27
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Meibae Wu
  • Real Estate Agent
  • Houston, TX
19
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27
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Finding Commercial Real Estate Mentor

Meibae Wu
  • Real Estate Agent
  • Houston, TX
Posted

Hi there!

I have huge aspirations of developing a commercial property in Woodlawn for University of Chicago students. 

Think hostels + sorority house. 

I’m currently in the process of getting my real estate license with an emphasis on commercial real estate and would love to network with you guys. 

Leave a reply if you’re open to connecting and sharing some wisdom!

xoxo

Mei Bae 

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Jonathan Klemm
  • Contractor
  • Chicago, IL
2,802
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Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

Hey @Meibae Wu - I think whether you redevelop or start from will totally depend on how the numbers work out.  If you found some great-priced land where you can make new construction, that's awesome and you should do that.  However, if you can find a great existing building that you can renovate that might be a less expensive option.

Building new construction here in Chicago is definitely much more expensive than it used to be...

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