linzhao7PS4APRO13

The facts

Where they stand

Real Estate Financial Fingerprint

PS4A

THE STABLE

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

13badges 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.

• 100 Doors

  Owns at least 100 rental units.

  How to check this: County assessor ownership records.

• Multi-State Investor (3 or more states)

  Owns property in at least 3 states.

  How to check this: County assessor ownership records.

• Small Multifamily Owner (2 to 4 units)

  Owns at least one residential building with 2 to 4 units.

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

• Mobile Home Park Owner

  Owns a mobile home park.

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

• Live-In Flip

  Renovated a home while living in it and later sold it for a gain.

  How to check this: Recorded purchase and later sale of a homesteaded property.

• 1031 Exchange Completed

  Completed a tax deferred exchange of one investment property for another.

  How to check this: Paired deeds, county recorder.

• Cash-Out Refi Completed

  Refinanced a property and pulled equity out as cash.

  How to check this: Recorded refinance mortgage.

• 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.

• 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.

• JV Partner

  Partners on deals as a joint venture participant.

  Experience claim. No public record exists for this activity.

• Full-Time Investor

  Works in real estate investing as a sole occupation.

  Experience claim. No public record exists for this activity.

• Coach or Mentor

  Coaches or mentors real estate investors.

  Experience claim. No public record exists for this activity.

Open the Badge Index

Posts

What they have written

• Carried a second on a small mixed-use in Akron, buyer stopped paying month nine, and the first lender just sent a notice of default

  With 83k in equity above two liens that property is moving, borrower knows it too.

  Reply · 1 point

• My inherited duplex in Bakersfield just got a cash offer from a micro-wholesaler network I never contacted, $187,000, and Zillow has it at $241,000.

  The attorney getting a percentage of a clean, fast close is not nothing. I had an estate attorney in Fresno in 2019 nudge my co-inheritor toward a $168,000 cash offer on a fourplex…

  Reply · 1 point