All Forum Posts by: Micah White

Let's goooo, Andrew! Love to hear other investors are interested in getting active in the Chicago market. Happy to help answer any questions you may have!

Let's go, Eric! You're doing great man. Happy to talk strategy and ways to approach the Chicago market whenever!

Hey Patryk! 

You're off to a hot start! I have a lot of experience in the maze of investing in the Chicagoland area. Happy to help in any way I can!

Welcome, Bernard! Educating yourself is the first step! I specialize in helping investors just like yourself get started and hopefully avoid all the rookie mistakes I made when I was starting out. Happy to help in any way I can!

Hi Christelle! You're off to a hot start! I would love to help you on your journey and determine the best strategy for you moving forward.

That's awesome, Ben! Looks like you've fallen into a beneficial situation. I would love to help you on your journey! Here to answer any questions you may have.

Based on what you've provided here, this is not a good deal. 

You should be at least aiming to break even on a deal like this. Being in the red from day one is not a good start to a potential 30-year commitment. I also believe you may be underestimating the holding costs from the tenants vacating until you get new tenants. This can eat away your savings because you still have to pay the mortgage, real estate taxes, and insurance even if the building is vacant.

Hi Craig! I specialize in helping people in your exact position. My background in CRE and transaction experience helps me advise my clients to make informed decisions in situations similar to the one you're in. Happy to help in any way I can!

This is awesome, Ashley! Happy to help you in any way I can. You're the exact type of person I love working with!

Starting out is tough! However, I don't think you are necessarily suffering from crippling analysis paralysis. I think the deals you are looking at just aren't penciling, and that's okay! Listen to the numbers, always.