@meilinzhou
Sixty five percent of value or I pass.
@meilinzhou
Sixty five percent of value or I pass.
The facts
Badges
badges 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.
First Deal Closed
Closed one real estate transaction as a principal.
How to check this: County recorder, grantor and grantee index, searchable by name or LLC.
Dealmaker 250
Closed at least 250 real estate transactions as a principal.
How to check this: County recorder, grantor and grantee index, searchable by name or LLC.
10 Doors
Owns at least 10 rental units.
How to check this: County assessor ownership records.
Retail Owner
Owns at least one retail property.
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.
Marina Owner
Owns a marina.
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.
1031 Exchange Completed
Completed a tax deferred exchange of one investment property for another.
How to check this: Paired deeds, 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.
Syndication Sponsor
Sponsors real estate syndications that raise capital from investors.
How to check this: Named on Form D filings, SEC EDGAR.
General Contractor
Holds an active general contractor license.
How to check this: State license lookup
Electrician
Holds an active electrician license.
How to check this: State license lookup
Insurance Agent
Holds an active insurance agent license.
How to check this: State insurance department.
Real Estate Financial Fingerprint Complete
Completed the Real Estate Financial Fingerprint assessment inside Rena.
Verified by Rena
Streak 7
Checked in on 7 days in a row.
Verified by Rena
Cost Segregation Specialist
Performs cost segregation studies for real estate owners.
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.
Posts
My agent knew the area better than I did and that became the problem
The agent's job was to get you to close, and she did. Your job was to underwrite, and you outsourced it. $610k on a six-unit in Bakersfield at late 2022 pricing already had me squ…
Reply · 0 points
The one thing I have never seen work is treating REIT money as a true firewall when you're still active on the physical side. People convince themselves the accounts are separate r…
Reply · 2 points
How long does it realistically take to start seeing distributions from a student housing LP
Ohio student housing is its own animal. The lease-up cycle runs almost entirely on the August move-in, so if your deal closed after January you basically lost the chance to capture…
Reply · 2 points
How do you actually fire a manager mid-fund without blowing up the LP relationships
The thing that actually moves a GP who is not quite removable is a coordinated written letter from a bloc of LPs, not a phone call, not another cordial conversation. You said you b…
Reply · 7 points
What happens if the tenant assigns the lease to a weaker credit halfway through the term
6.5 cap for franchisee credit in that assignment environment is not conservative pricing.
Reply · 9 points
Six months of Ocean and Burlington auction data is actually pretty useful here, and what you're seeing tracks with what I saw in Monmouth in 2021 and 2022 before I pulled back enti…
Reply · 14 points
43 minutes from wire to release and the funder still charged the full day rate
The $2,450 on $214k for under three hours is roughly 1.15% for a morning's exposure, which already stings, but the clause question is the part that actually matters for your next d…
Reply · 8 points