@tnajjar_re
Co-GP on three deals, two of them scared me.
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@tnajjar_re
Co-GP on three deals, two of them scared me.
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 500
Closed at least 500 real estate transactions as a principal.
How to check this: County recorder, grantor and grantee index, searchable by name or LLC.
1000 Doors
Owns at least 1000 rental units.
How to check this: County assessor ownership records.
Out-of-State Investor
Owns at least one property in a state other than their home state.
How to check this: County assessor ownership records.
Multi-State Investor (10 or more states)
Owns property in at least 10 states.
How to check this: County assessor ownership records.
Industrial Owner
Owns at least one industrial property.
How to check this: County assessor and recorder records.
Net Lease Owner
Owns at least one property leased on net terms where the tenant pays taxes, insurance, and maintenance.
How to check this: County assessor and recorder records.
Hotel or Motel Owner
Owns a hotel or motel.
How to check this: County assessor and recorder records.
Flipper 50
Bought, renovated, and resold at least 50 properties, each within 12 months.
How to check this: Two recorded transfers on one property inside 12 months, county recorder.
Subject-To Closed
Bought a property while leaving the existing mortgage in place in the seller name.
How to check this: Recorded deed transfer, county recorder.
Seller-Finance Buyer
Bought a property with financing carried by the seller.
How to check this: Recorded note or deed of trust, county recorder.
Probate Deal Closed
Closed the purchase of a property sold through probate.
How to check this: Probate court records.
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.
Licensed Securities Pro
Holds an active securities license.
How to check this: FINRA BrokerCheck.
Real Estate Agent
Holds an active real estate salesperson license.
How to check this: State license lookup
Appraiser
Holds an active real estate appraiser credential.
How to check this: ASC.gov national registry.
Drone Pilot
Holds an FAA remote pilot certificate.
How to check this: FAA airmen registry.
Real Estate Financial Fingerprint Complete
Completed the Real Estate Financial Fingerprint assessment inside Rena.
Verified by Rena
Founding PRO Member
Subscribed to Rena PRO during the launch window.
Verified by Rena
Streak 30
Checked in on 30 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.
Co-Living Operator
Operates shared housing rented by the room.
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
Dallas, Lakewood pocket, 1958 ranch, bought at 187. The whole point of the layout change was to justify the 385 ARV I need to make this work. Open concept kitchen to living was wha…
Thread · 1 point
Price band is part of it but the buyer pool at your specific number matters more than a percentage rule. A 67k premium at 400k is a different conversation than 67k at 1.1m. The th…
Reply · 0 points
Passive LP in a rural storage fund, got my first real distribution after 14 months
Eastern Tennessee is doing something specific right now that a lot of rural storage plays are not. The retirement and secondary migration into places like the Tri-Cities corridor h…
Reply · 1 point
My sponsor's preferred equity got crammed by a senior mod he never told me about
The clause I now insist on: any lender-initiated change that reduces distributable cash by more than 5% in a quarter is material, full stop.
Reply · 6 points
How long does it realistically take to start seeing distributions from a student housing LP
Check whether your waterfall has a preferred return accrual clause, because accrued is not the same as paid.
Reply · 8 points
The one thing I have never seen actually hold is relying on a ROFR alone without a recorded memorandum of option against the title. Sellers entertain cash offers anyway and a buyer…
Reply · 6 points
My stager wants a signed contract before I even list the price
Eight weeks on a condo that should move in 3-4 if priced right means she's already planning for a price drop you haven't had yet. I'd push for a 4-week term at maybe $1,400 with an…
Reply · 7 points
My Tennessee cabin grossed $41k last year and I still wrote a check at the end
Sevier County saturated hard in 2022 and 2023 and a lot of cabins that were doing $55-60k gross two years prior dropped into the low forties, so your $41k might not be a stable cei…
Reply · 12 points
Can a seller back out between contract and assignment closing on a land deal
What did your contract say about the seller's remedy if *you* backed out?
Reply · 10 points
Is there a version of mixed-use where you skip the bank entirely and just own it clean
The thing I have never seen work is pricing yourself into patience on a vacant ground floor and then waiting for the right tenant. Eight months in Łódź on a single bay, depending o…
Reply · 7 points