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All Forum Posts by: Jeremiah T.

Jeremiah T. has started 10 posts and replied 35 times.

Post: Business owner turning RE investor in Minnesota

Jeremiah T.Posted
  • Investor
  • Edina, MN
  • Posts 36
  • Votes 15

@Josh V. and @Joe Schaak, thank you for the info and welcome. I will look into Pine Financial meetups for sure. Thanks!

Post: Business owner turning RE investor in Minnesota

Jeremiah T.Posted
  • Investor
  • Edina, MN
  • Posts 36
  • Votes 15

First off, it's a pleasure to meet you all and thank you for taking the time to comment.

@Jake Hilden, I'm definitely going to install the app and check out the next BP meet up. Thanks for the FB tip as well.

@Kyle Lush, pleasure to meet you. Thanks for connecting.

@Mike Carr, thanks. No track record yet, but I'm hoping to change that soon.

Again, thank you all.

Post: Business owner turning RE investor in Minnesota

Jeremiah T.Posted
  • Investor
  • Edina, MN
  • Posts 36
  • Votes 15

Hi there,

I'm a long time entrepreneur and business owner of a tech consulting company in the Twin Cities; technically Excelsior/Minnetonka. This forum has been a wealth of knowledge and I am pleased to meet you all. I'm looking to invest in self storage, multifamily and would like to network with investors in my area. 

Is there a BP meetup or other networking event?

Post: Current business owner getting started in REI

Jeremiah T.Posted
  • Investor
  • Edina, MN
  • Posts 36
  • Votes 15

@Peter Mac thank you for the insight. I have meetings scheduled with 2 local community banks. I thought it prudent to also speak to my current business banker (US Bank). Though, I've heard community banks might be a bit easier to work with.

@NaDean Bowles thank you so much. It's great to hear that from someone in the biz. Thank you!

Post: Current business owner getting started in REI

Jeremiah T.Posted
  • Investor
  • Edina, MN
  • Posts 36
  • Votes 15

I'm the founder/president of a consulting firm and I've built my company from zero dollars to a multimillion dollar firm, in solid financial standing. Given the business acumen I've developed over the years, but having a zero experience track record in REI... would a traditional commercial lender view me as slightly less of a risk due to my background?

I realize the degree of comfortability will depend upon the bank/officer, but as a generality... any other business owners find it "easier" to obtain traditional lending without a previous track record?