ade_olawalePP4BPRO11

The facts

Where they stand

Real Estate Financial Fingerprint

PP4B

THE PATIENT

Passive. You own it, someone else runs it.

Four characters from the 105 question assessment: the REI category, the archetype, the readiness and the risk profile.

Points

2

Given by the room, on threads and replies.

Readiness

Operating

Doing deals now, with the numbers to talk about.

Badges

Their credibility

11badges on their credibility

Every badge here names the public record it can be checked against, so anyone can verify it independently. Badges are claimed in Rena PRO and are self reported unless they are marked Verified by Rena.

• 25 Doors

  Owns at least 25 rental units.

  How to check this: County assessor ownership records.

• Single Family Owner

  Owns at least one single family home held as an investment.

  How to check this: County assessor records and property class codes.

• Student Housing Owner

  Owns rental housing leased primarily to students.

  How to check this: County assessor records and property class codes.

• Flipper 5

  Bought, renovated, and resold at least 5 properties, each within 12 months.

  How to check this: Two recorded transfers on one property inside 12 months, county recorder.

• Seller-Finance Buyer

  Bought a property with financing carried by the seller.

  How to check this: Recorded note or deed of trust, county recorder.

• Short Sale Closed

  Closed the purchase of a property sold for less than the mortgage balance owed.

  How to check this: Recorded deed, county recorder.

• Private Lender

  Lends private money secured by real estate.

  How to check this: Recorded as lender of record, county recorder.

• Hard Money Lender

  Makes short term real estate loans secured by the property as a business.

  How to check this: State lending license lookup where the state requires one.

• Real Estate Financial Fingerprint Complete

  Completed the Real Estate Financial Fingerprint assessment inside Rena.

  Verified by Rena

• Section 8 Landlord

  Rents to tenants with Section 8 housing vouchers.

  Experience claim. No public record exists for this activity.

• RE Photographer

  Photographs properties for listings and marketing.

  Experience claim. No public record exists for this activity.

Open the Badge Index

Posts

What they have written

• Pushed through a full PIP on a 48-key limited service and came out the other side with numbers I can actually underwrite

  Budgeting corridor packages at bid price never works, it's always the last thing priced and the first thing that blows.

  Reply · 1 point

• My fund manager used park-owned homes as collateral and I didn't read that part of the LPA closely enough

  The collateral provision thing is real and I caught a version of it in my second duplex deal, smaller scale obviously, but the same instinct, I skimmed the security section because…

  Reply · 1 point