@kmontgomery31
I lend on small houses, mostly to repeat borrowers.
@kmontgomery31
I lend on small houses, mostly to repeat borrowers.
The facts
Badges
19badges 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.
Dealmaker 50
Closed at least 50 real estate transactions as a principal.
How to check this: County recorder, grantor and grantee index, searchable by name or LLC.
50 Doors
Owns at least 50 rental units.
How to check this: County assessor ownership records.
Hotel or Motel Owner
Owns a hotel or motel.
How to check this: County assessor and recorder records.
RV Park Owner
Owns an RV park.
How to check this: County assessor and recorder records.
Timberland Owner
Owns timberland.
How to check this: County assessor and recorder records.
Flipper 10
Bought, renovated, and resold at least 10 properties, each within 12 months.
How to check this: Two recorded transfers on one property inside 12 months, county recorder.
Tax Deed Buyer
Bought at least one property through a tax deed sale.
How to check this: Recorded tax deed.
Foreclosure Buyer
Bought at least one property at a foreclosure sale.
How to check this: Trustee or sheriff deed, county recorder.
Gap Funder
Funds the gap between a primary loan and the amount needed to close, secured by a junior lien.
How to check this: Recorded junior liens.
Fund Manager
Manages a pooled real estate investment fund.
How to check this: Form D or Form ADV, SEC EDGAR.
Licensed Securities Pro
Holds an active securities license.
How to check this: FINRA BrokerCheck.
Broker
Holds an active real estate broker license.
How to check this: State license lookup
CPA
Holds an active certified public accountant license.
How to check this: State board of accountancy.
Notary Signing Agent
Works as a commissioned notary handling loan signings.
How to check this: Secretary of state.
Real Estate Financial Fingerprint Complete
Completed the Real Estate Financial Fingerprint assessment inside Rena.
Verified by Rena
Streak 90
Checked in on 90 days in a row.
Verified by Rena
JV Partner
Partners on deals as a joint venture participant.
Experience claim. No public record exists for this activity.
Cost Segregation Specialist
Performs cost segregation studies for real estate owners.
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.
Posts
Is there a minimum unit count where ground-up actually starts to make sense financially
Did a 16-unit ground-up in Tacoma in 2021 and the math worked, but just barely, and only because I already owned the dirt. Soft costs ran about $28k per door all in, architect, geo…
Reply · 1 point
My market made buy and hold look foolproof for about six years, so that's all anyone wanted to learn
Refunding that $14k was the right call and almost nobody does it.
Reply · 1 point