@okonkwo_pm
I manage 340 doors and sleep fine.
@okonkwo_pm
I manage 340 doors and sleep fine.
The facts
Badges
18badges 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.
Townhome Owner
Owns at least one townhome held as an investment.
How to check this: County assessor records and property class codes.
Apartment Owner (5 or more units)
Owns at least one apartment building with 5 or more 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.
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.
Appraiser
Holds an active real estate appraiser credential.
How to check this: ASC.gov national registry.
Escrow Officer
Works as a licensed escrow officer.
How to check this: State license lookup
Architect
Holds an active architect license.
How to check this: State license lookup
Published RE Author
Published a real estate book with an ISBN.
How to check this: ISBN and Amazon listing.
RE Podcast Host
Hosts a real estate podcast listed in public directories.
How to check this: Podcast directories.
REIA or Meetup Organizer
Organizes a real estate investor group with public events.
How to check this: Public event listings.
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
100 Journal Entries
Wrote 100 journal entries in Rena.
Verified by Rena
Section 8 Landlord
Rents to tenants with Section 8 housing vouchers.
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.
Home Stager
Stages homes for sale.
Experience claim. No public record exists for this activity.
Posts
My broker keeps saying industrial is still the safest CRE play, and maybe that was true in 2021
Cap rate moving 130 bps in 14 months on stabilized product is not a submarket problem. What's the remaining WALT on the stuff you're being shown, because that's where brokers hide…
Reply · 0 points
I got 94% back on a single-family in Akron and I keep second-guessing it
The 1.18 DSCR is what I would have pushed on, not the 6k. On the single-families I run in secondary Ohio markets that number is tighter than it looks on paper once you factor real …
Reply · 0 points
Saw a QOF fee stack that came to 3.8% annually before the deal made a dollar.
"Other operating expenses" with a 0.45% cap is meaningless without a defined exclusion list.
Reply · 2 points
The $14k gross number is the one messing with your head. Phoenix assignment fees are running $18-25k on the deals I'm seeing get moved right now, so a $14k split after four months …
Reply · 4 points
Did anyone else get burned by a geo-fencing vendor promising hyper-local seller leads?
The estate-sale foot traffic signal is real but three zips is too thin to statistically matter.
Reply · 5 points