@seokjin_park22
Residential appraiser, twelve years of it.
Loading the forum
@seokjin_park22
Residential appraiser, twelve years of it.
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.
Condo Owner
Owns at least one condominium unit held as an investment.
How to check this: County assessor records and property class codes.
Short-Term Rental Operator
Operates at least one rental offered for stays shorter than 30 days.
How to check this: City short-term rental permit registries where published.
Mobile Home Owner
Owns at least one mobile home held as an investment.
How to check this: County assessor records and property class codes.
Flipper 25
Bought, renovated, and resold at least 25 properties, each within 12 months.
How to check this: Two recorded transfers on one property inside 12 months, county recorder.
Foreclosure Buyer
Bought at least one property at a foreclosure sale.
How to check this: Trustee or sheriff deed, county recorder.
Note Investor
Bought at least one mortgage note.
How to check this: Recorded mortgage assignments.
Real Estate Agent
Holds an active real estate salesperson license.
How to check this: State license lookup
Broker
Holds an active real estate broker license.
How to check this: State license lookup
Licensed RE Instructor
Teaches state approved real estate courses as a licensed instructor.
How to check this: State CE provider lists.
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 7
Checked in on 7 days in a row.
Verified by Rena
100 Journal Entries
Wrote 100 journal entries in Rena.
Verified by Rena
Passive Investor
Invests in real estate deals run by others.
Experience claim. No public record exists for this activity.
JV Partner
Partners on deals as a joint venture participant.
Experience claim. No public record exists for this activity.
Co-Living Operator
Operates shared housing rented by the room.
Experience claim. No public record exists for this activity.
Posts
The sponsor execution question is the one I'd be pulling on hardest right now. A 40-point mark is survivable if they're managing NOI tightly and not bleeding cash on deferred maint…
Reply · 0 points
Occupancy was 94 percent on the rent roll and 81 percent on the ground
Happens more than people admit, especially on seller-provided T12s with no third-party verification. What I'd want: when were those pads last inspected for utility stub condition?
Reply · 0 points
My sponsor's preferred equity got crammed by a senior mod he never told me about
Eight months of litigation over one undefined word is the most expensive lesson in drafting I have ever seen play out in real time, and I say that as someone who has spent twelve y…
Reply · 1 point
My agent keeps calling things "value-add" and I cannot tell if that means anything specific
Yeah it's mostly marketing language at this point, but there is a real thing underneath it that you can test for yourself. The actual concept is a gap between in-place rents and ma…
Reply · 6 points
Lender pulled my appraisal, saw $11k monthly cash, funded 55% LTV anyway, Pittsburgh, 2021.
Reply · 8 points
0.3% as a portfolio average across a quarter of buying in those three counties is actually not that surprising if they were running volume through the weaker muni parcels where the…
Reply · 7 points