Need an advice regarding investing in Chicago and the suburbs

[Lachezar Tomanov]

Good afternoon to all of you amazing people,

I'm looking for an advice regarding investing into a 5+ building in the suburbs near Chicago. I'll be a first time investor and recently joined the BP website. I've been a frequent listener of the podcast for over 2 years now and I finally summoned the courage to create a plan and I'm ready to pull the trigger on something. With all the info I'm collecting I'm convincing myself that it's just not the right time to invest. Am I stuck into analysis paralysis or I'm rightfully waiting for the right deal and the market to correct itself a bit for the property I'm trying to purchase. If any of you ladies and gents are Chicago/Burbs investors, I would gladly use your knowledge and perspective of the current market. Thank you in advance to all of you who took the time to respond to me,

Enjoy the rest of your day and stay warm :)  

[Crystal Smith]

Quote from @Lachezar Tomanov:

Good afternoon to all of you amazing people,

I'm looking for an advice regarding investing into a 5+ building in the suburbs near Chicago. I'll be a first time investor and recently joined the BP website. I've been a frequent listener of the podcast for over 2 years now and I finally summoned the courage to create a plan and I'm ready to pull the trigger on something. With all the info I'm collecting I'm convincing myself that it's just not the right time to invest. Am I stuck into analysis paralysis or I'm rightfully waiting for the right deal and the market to correct itself a bit for the property I'm trying to purchase. If any of you ladies and gents are Chicago/Burbs investors, I would gladly use your knowledge and perspective of the current market. Thank you in advance to all of you who took the time to respond to me,

Enjoy the rest of your day and stay warm :)  

 You're suffering from analysis paralysis.  It will never be the right time. yes inventory is low and finding the right deal may be difficult but going in with the mindset of waiting for the market to correct itself, you'll be sitting on the sidelines forever.