Done for you or Automated Wal-Mart Stores or Amazon Stores

[Kim Tucker]

Recently several people I know in the real estate arena are looking for additional cash flow opportunities and one area is in the area of e-commerce - there are several real estate gurus out there who are now pitching automated online stores.

The premise - pay an up front fee of between $25,000 to $40,000 for their team to help you - set up your company, establish a credit card to buy product, build your online store and presence, research products, place them and market them on your store, sell them before you buy them, then using your credit and credit card, they buy them and fulfill the order to the customer.  They will also handle all returns, all complaints, all chargebacks and if your store gets shut down work to get the store back up.

Requirements beyond the up front fee is good credit and the ability to get about $25,000 to $50,000 in credit cards to buy product and to keep the credit cards paid so you can continue to buy products.

This is all totally new and not really sure how to do my homework.

They  - the groups and their testimonials from customers they have build stores for show sales of anywhere from 25,000 to $100,000 after about 6 months of building credibility on the online platform and with the credit card companies.  Out of those sales you pay for product, overhead and split with the company building the store - they estimate profits of a couple thousand in a few months, around $5 to $7 in about 6 months to a year and more than that if you can built up higher credit.

Names around the Amazon Store is Ben Fredricks (the guy from Noteworthy)

Names around the Walmart Store is Mark Evens DM where the DM stands for deal maker.

Any input around doing my homework on this type of investment or these particular companies would be highly appreciated.