All Forum Posts by: Andy Schornack
Andy Schornack has started 1 posts and replied 55 times.
Post: First Commercial Deal - Small Office Building, worth pursing?

- Banker
- Wayzata, MN
- Posts 59
- Votes 17
No mention of location and type of tenant. Outside of lease terms and staggering the maturities ( mitigates risk of multiple vacancies), location and credit of tenant is very important in commercial. More so than residential. You may want to negotiate contract length to exceed lease maturities to allow some more flexibility if tenants leave. Best of luck!
Post: como area of minneapolis college rental

- Banker
- Wayzata, MN
- Posts 59
- Votes 17
if you want to message me, I know some active guys in that area to point you to.
Post: Just getting started... Big Bank vs Credit Union Bus. Account?

- Banker
- Wayzata, MN
- Posts 59
- Votes 17
Hi Kang, if you want I'd drop me a private note I can answer my viewpoint.
Post: New member from Minnesota

- Banker
- Wayzata, MN
- Posts 59
- Votes 17
Bigger pockets is certainly a good resource to get started with. between podcasts and forums, plenty of information to digest but remember the best way to learn is to conservatively buy the first property.
Post: New Twin Cities Investor

- Banker
- Wayzata, MN
- Posts 59
- Votes 17
Welcome to the board!
Post: Looking for CPA/Investor

- Banker
- Wayzata, MN
- Posts 59
- Votes 17
Try John Caylor in Plymouth. He is a good guy and meets all your requirements. Send me a note if you want his contact information.
Post: Industrious Seeking Multi-Family Experience in Minneapolis

- Banker
- Wayzata, MN
- Posts 59
- Votes 17
Good place to be and congratulations on the investing success!
Post: Map Resources

- Banker
- Wayzata, MN
- Posts 59
- Votes 17
the County GIS maps are pretty good if you want to look at aerial photos separated by the PIDS. Dakota County for instance will allow you to see recent sales and also search recent foreclosure properties in the area
Post: Portfolio lenders in Twin Cities?

- Banker
- Wayzata, MN
- Posts 59
- Votes 17
I may know of a bank. Here is a post we did on this specific issue:
Reached your secondary market limit of ten 1-4 Family Rental Properties?
Post: Need a good small bank or CU in the Twin Cities. Recommendations?

- Banker
- Wayzata, MN
- Posts 59
- Votes 17
I may know one. Please send me a private message to discuss.