Through my scouring of the internet for homes, I looked at apartments initially and applied with “Home Partners” as well.

They fired me and I went home and started affiliate marketing (which I learned about from working there).

Tenant reply by email and they request a conference call to discuss and negotiate the lease terms that will be suitable for them if they like the location i) You will connect the national tenant with the Fund Manager for everyone to get on a conference call or a zoom video to negotiate the term details such as how many months free rent, tenant improvement allowance, if they can go dark, any exclusives etc etc (You should not worry about that part because the Fund Manager will handle all those details) j) after that a Letter of Intent to lease will be signed by the parties reflecting the National Tenant’s intent to lease and the proposed commitment details to lease the space for 10 or 15 years with a NNN lease (NNN means: Tenant pays the lease plus taxes, insurance and maintenance) and a corporate guarantee (lease is guaranteed by the national tenant for the duration of the 10 or 15 years lease and it is backed by their entire company and their financing bank like Wells Fargo) and it will also reflect any other terms such as escalation of rent over time, renewal option for the lease if any etck) The National tenant usually sends a designer or representative to take a walk through the property and then they are ready to sign the lease agreement l) It is then that you will assign the deal over to the Fund Manager who will pay all cash and your friend will get an assignment fee (usually between $40k and $150k)Here is how the numbers will work: Property vacant under contract say $600k and now with a national tenant lined up to pay say only $5k a month NNN (meaning a base tent of $60k a year and the tenant pays taxes, insurance and maintenance and the lease again has a corporate guarantee) the property will then be valued easily at over $1,000,000 (6% cap) The upside instant increase in value is $400,000 and usually the assignment fee that your friend gets will be 10% of that upside which is $40k all done within 60 days the 45 day due diligence and 15 additional days to close (assignment fee could be 25% of the upside increase in value if Tenant commits to 15 years and in this example it would be $100k (25% of $400k upside increase) Please note that: - No real estate license is needed - No additional cash is needed on your part - No rehab process is needed (all is negotiated as a discount to Tenant to do improvements the way they want and up to their standards because Subway has different needs than Starbucks or Fat Burger Etc based on their style and standards) - No due diligence or inspections are needed on your part, it is all done by the Tenant’s Representative- There is No Down side risk because if no tenant responds during the 45 days due diligence, you can simply cancel the contract and get your $5,000 refunded (or whatever amount you put in as earnest money deposit) - This can be done wherever you live in the US - Almost all is done by internet and phone except for a couple of visits to the property The fund manager gives the training, the Proof of Fund, the process, the script the support, the tenant list, the negotiations, and the cash to close because the property eventually gets assigned to the the real estate fund This will not happen every 60 days but you have no downside, a huge upside and if done just 3 times in an entire year you will easily have over $120k in assignment fees’ income, plus experience (which btw achieves a goal of $10k per month which is most people’s income goal) Here is the best part, you can remove the fund manager and just do the deal yourself and use the $100k you have as a downpayment or a tenant improvement credit for the national tenant coming in and buy the property at $600k with an instant increase in value to $1Million Dollars You can put a small downpayment that you can cash out after the tenant is in the location and you can repeat the process each time increasing your passive income till you get to a net $10,000 per month passively (this would be 4 or 5 single tenant buildings that you will hold for passive income with full debt on each) and none of your own money since you will refinance each deal (banks love the corporate guarantees and interest rates today are very low) Getting $10k/mo income and increasing your net worth into the millions is only hard if you use conventional ways to buy commercial properties or try to do rehab or wholesale in residential real estate which are very tedious, slow, competitive and exhausting methods Fastest growing tenants right now during COVID-19 are Quick Service Restaurants and btw the last deal I did with someone like this was in July the single tenant vacant property was under contract at $900,000 and now with a national tenant in it with the NNN 10 year lease and corporate guarantee and escalations etc it appraised at over $1,500,000The assignment fee paid to the person with whom we did a joint venture because he lined up the deal was $60k for less than 20 hours of work on their part by phone Again it does not happen on every property but it happens often enough with less hassles and more upside than any other strategy I have experienced and I have been in the business as an investor, a fund manager and an educator for over 30 years

We always find the internet services we pay for provides the best methods to research the property owners names, addresses and sometimes the phone numbers.

With the Covid pandemic I am wanting to explore ways to wholesale using the internet as my first contact.. ie they want to sell, my company comes up on the search and they call me. 

Older and they dont have access or use the internet regularly.I have other tenants that have setup auto pay with their bank accounts.

All that said, lately the website has been so slow it's been nearly unusable but Facebook has as well so I thought that maybe it's just our slow internet.

It's the best place on the internet to learn and make amazing real estate connections. 

Based on my investigation and his ring door bell it being connected to the internet I came to the conclusion he has already moved out. ( I knew his family left already) called the agent and he told me what I already knew but told me that he’s setting up a short sale but I don’t think it’s gonna be approved because the property is worth more than he was last asking for.

I am only a VERY Happy customer of theirs, no other affiliation, and am pleased to pass on the referral.