Property Scouting: Frequently Asked Questions

What is Property Scounting and How Does Property Scouting work?

A Professional Commercial Property Scout is a person who learns how to find and analyze commercial properties of all types and determine if these are worthwhile properties where a substantial profit can be made. A Property Scout will learn to work with Commercial Brokers and to build their own Investor lists to later offer these properties to. When a Property Scout finds a property which their investor group buys, they become a partner on the deal and can get paid a generous share of the profits. Through hard work and due diligence you will become a successful Property scout. That’s where NACREPS comes in; we will help train you to build your own successful Commercial Property Scout business.

How much time does it take?

Overall, it will take a few months to really learn all aspects of being a Property Scout and to and understand all the material and technical aspects of researching commercial properties. It is totally up to you, but to do well, you can plan on spending between ten and twenty hours a week to be an effective, productive and successful Property Scout.

Can this work be done from home?

Assuming you have access to a computer, the Internet and phone, the answer is “yes”. In addition, you may also be glad to know there is no travel required whatsoever.

This opportunity sounds to good to be true.  Is it?

This is a serious business opportunity offered by an established association. There is work, training and time involved. The money which can be earned, while extraordinary, is extremely achievable.

How can I contact National Association of Commercial Real Estate Property Scouts?

You can write our Corporate Offices at:

National Association of Commercial Real Estate Property Scouts, Inc.
375 N. Stephanie St., Suite 1411
Henderson, NV 89014-8909

The best and quickest form of communication to reach us is by sending an email.

Our email is:

Is there a number I can call about the Property Scout Program?

Yes, the number you can call is (949) 534-9188. Our normal business hours are 9 am to 5 pm Monday through Friday.

However, for best results, please email us at:

What’s this really all about?

What if there was a way for you to make money where:

You realistically make $300, $600, $1200 a month in extra cash and supplemental income (or a week, you can decide)... AND for the same time and effort you ALREADY invested, you earn some truly SERIOUS money--$100,000, $200,000, $300,000... or more a year?

... What if you didn’t need any capital... we didn’t ask you to involve your family and friends, or purchase any inventory... you didn’t need an expensive education or intensive training... and you didn’t need to answer to a boss or even show up for work?

... Even better, imagine an incredible opportunity where there is a high degree of freedom and flexibility to work from home and call your own shots... as well as the ability to gain the respect you desire by being associated with a prestigious industry... AND have the opportunity to make some major money….

Unlike other so-called “business opportunities” you may have been exposed to in the past, ones that didn’t quite fulfill your expectations, this opportunity is real--and especially lucrative. What you are about to learn will literally transform your life--and most importantly, fatten your bank account. In fact, we believe this may be THE BIG BREAK you’ve been searching for.

Become A Commercial Real Estate Property Scout

Here’s our proposition to you in a nutshell: Commercial Real Estate Investors want to reward you for finding and pre-screening promising real estate properties for them to invest in. (You can read about the extraordinary ways to get paid in Chapter 11 of the FREE MANUAL) You can uncover these properties in any state, city or town in the United States via the Internet.

What is in this Free Training Manual?

In this Free Property Scout Training Manual, which is available to you when you first join the one week free trail, you are about to learn everything you need to know to build a successful Property Scout business. When you become a Commercial Real Estate Property Scout, you have the best of all worlds!

How You Make Money and Get Paid?

Our goal is to teach you how to find properties and present them to investors in your community or nationwide in order for you to profit financially. Why? Because simply put, the more money your investors make the more money you will make. The more successful you are in matching properties to investors, the more successful they will be and the more they will come back to you for future deals. How much you will make will depend on the quality and price ranges of your deals and the quality of your investor list. Notice how we didn’t say QUANTITY but QUALITY. It is critical to your success that you concentrate on building your Investor list with qualified investors who can perform when you present your deals to them. In our FREE 330 page manual, you will learn about the four compensation types for your deals. How much you make will be up to you!

How Do I Find Investors?

There are many ways in which to find investors for you properties. Here is a list of the type of people one may find interested investors.

Current Real Estate Investors
Attorneys
Business Acquaintances
Real Estate Professionals
Church Groups
Doctors, Dentists and Chiropractors
Hard Money Lenders
Investor Workshops
Local City Organizations
REIA Associations
Service Professionals
Family
Friends
Web Sites for Investors

In our FREE training manual we devote a whole chapter on how to find investors who will want to buy your properties and how to build your investor list. We’ll walk you through the many ways to target those investors who will be interested in your properties.

How long has your association been established?

The National Association of Commercial Real Estate Property Scouts or NACREPS.org has been operating since September 2006 when we first began developing the Property Scout Program within our corporate commercial real estate business. NACREPS.org was officially launched in 2006 and has been going strong ever since. Our goal is to build out a network of trained professional Property Scouts to help investors locate viable commercial properties. Now that we’ve systemized the scouting process and created a proven training, we are rolling it out nationally.

What are the start-up costs?

Membership dues are only $39.95 monthly. When you join, you'll receive the Property Scout Training Manual free. While there are no refunds allowed, you may cancel at any time.

Are there any other additional costs?

Assuming you already have a computer, Internet access and a phone, the only cost is the $39.95/a month for your membership dues and continuing education. When you sign-up, it is billed immediately. This covers your National Commercial Real Estate Property Scout Association membership dues, access to the membership and training website and other additional training resources. You’ll get complete access to everything immediately.

Is the manual and training system easy to follow?

Yes, they are. We have designed the entire training program for people to be successful, even though they may not know anything about commercial real estate or investing. It’s very concise and actionable.

How long will it take for me to get up and running?

This all depends on your effort. If you’re like most people new to the business, it will probably take you around 30 days to feel totally comfortable with the system we’ve put together for you to start. If you do the work, read and study the materials and use the tools provided you can start to get comfortable with becoming a Property Scout and understanding what steps to take to begin building your business. It will take time to become more and more comfortable with all the things you will need to learn to become fluent at it. However, if you stick with it, you should start to get up to speed after 30 days however, it will take additional time to become an expert. The more you work with it the more proficient you’ll become and grow. Some people do want to go faster, but you really want and need to get comfortable with all aspects of the training in becoming a Property Scout to be successful.

Am I restricted to finding properties in the state in which I live in?

No, you are not. Using the Internet, you can find properties anywhere in the United States. However, it is best to start in your local area first until you become more proficient at analyzing properties and working with Commercial Real Estate Brokers. By staying local at first it will allow you to actually go look at these properties and you will learn more that way. You’ll also learn quickly how people will tell you it’s a great property/deal but, then when you go see it and go through it you can determine how good it really is.

How many Property Scouts work in my area? I am worried about saturation with too many Property Scouts in one area.

It’s association policy not to reveal information regarding our property scouts. However, even if we did tell you, it wouldn’t make a difference at all. There are three reasons:

Reason #1: The commercial real estate market is HUGE. Whether you are scouting locally or nationally, opportunities are abound. Plus, the market is ever changing and new opportunities come onto the market every day.

Reason #2: It’s also important to understand a Property Scout can only focus on so many properties in their active portfolio and still do a good job.

Reason #3: Part of the search strategy, if you are focusing locally, is to keep your “ear to the ground”. To constantly be in touch with the market and future opportunities coming onto the horizon. For instance, many of our Property Scouts regularly attend their city council meetings and zoning meetings. It’s a great place to network as well learn about new developments which could impact the local commercial real estate landscape.

Am I restricted to finding properties in the state in which I live in?

No. you are not. Using the Internet, you can find properties anywhere in the United States.

Would you consider properties outside of the USA?

At this time, we are restricting our focus to properties inside the United States. However, at some point in the future, we do expect to expand globally. However, even if you’re located outside the United States, there’s nothing stopping you from finding properties in the United States.


If I live outside of the USA, can I still do this?

Yes, you can.

We have Property Scouts from as far away as New Zealand scouting for promising properties inside the United States using the power of Internet. Using tools like Skype.com or inexpensive phone cards, the ability to follow up on specific real estate opportunities is extremely affordable.


How many Property Scouts work in my area? I am worried about saturation with too many Property Scouts in one area.

It’s association policy not to reveal information regarding our property scouts. However, even if we did tell you, it wouldn’t make a difference at all. There are three reasons:

Reason #1: The commercial real estate market is HUGE. Whether you are scouting locally or nationally, opportunities abound. Plus, the market is ever changing and new opportunities come onto the market everyday.

Reason #2: It’s also important to understand a Property Scout can only focus on so many properties in their active portfolio and still do a good job.

Reason #3: Part of the search strategy if you are focusing locally, is to keep your “ear to the ground”. To constantly be in touch with the market and future opportunities coming onto the horizon. For instance, many of our Property Scouts regularly attend their city council meetings and zoning meetings. It’s a great place to network as well learn about new developments which could impact the local commercial real estate landscape.



Don’t I need a real estate license to do Property Scouting? Isn’t this something licensed real estate agent and brokers do?

Each State is different as to licensing laws and real estate transactions. You need to check with the States in which you are doing business to determine if you need to have a license to present properties to investors in those States.

Some States Require Licensing, like North Carolina.

It is solely the responsibility of the individual, who uses this program, for their performance of due diligence in regards to both of these matters of contracts and licensing in the States in which they do business. Real estate agents and brokers occasionally do locate property for their investors.

How do I cancel my property scout membership membership?

To cancel your membership in our association, please send an email to:

and let them know you want to cancel your membership. Because this is an recurring subscription, you agreed to have your credit card automatically charged, unless you contact us and tell us to cancel the membership subscription. However, you may want to review all the new training that's available on the website first and see if you don't change your mind.

 

I don't recognize a charge for $197 on my credit card statement.

In the past you probably signed up under a different membership dues program than the current one. When you purchased our property scout training manual for $97 (price increase to $197 will go into effect soon), you also selected an 18-month $197 property scout membership program. This charge recurs every 18 months unless it is canceled.

The transacrion you see is probably a renewal transaction after having signed up to be in the association 18-months ago.

If you would like to cancel your membership in our association, please send an email to:

and let them know you want to cancel and they'll be happy to assist you. However, you may want to review all the new training that's available on the website first and see if you don't change your mind.

 

I found the following transaction on my credit card statement: RE EDU (949) 534-9188 or, RE EDU 949-534-9188 or, RE EDU 9495349188

When you received our property scout training manual for $97 (price increase to $197 will go into effect soon), you either selected an 18-month $197 property scout membership program or agreed to pay $39.97 a month. This charge recurs unless it is canceled by you.

The transacrion you see is probably a membership renewal transaction after having signed up to be in the association.

To cancel your membership in our association, please send an email to:

and let them know you want to cancel your membership. However, you may want to review all the new training that's available on the website first.

 

What is this charge for? Who are you? I don’t remember authorizing this charge.

When you purchased our property scout training manual for $97 (price increase to $197 will go into effect soon), you either selected an 18-month $197 property scout recurring membership program or you agreed to pay the normal price of $39.97 per month ongoing. This charge recurs unless it is canceled. If you'd like to cancel, send an email to support1@nacreps.org and someone will be happy to assist you.

The transaction you see is probably a renewal transaction after you having signed up to be in the association.

If you would like to cancel your membeship, send an email to:

and let them know you want to cancel your membership and they'll be happy to assist you. However, you may want to review all the new training that's available on the website first and see if you don't change your mind.

 

I don't recognize the charge for $39.97 or $39.95 on my credit card statement.

When you joined NACREPS, you joined in one of two ways:

One of our respected online marketing partners pre-purchased a number of manuals to gift to their very best customers. You may have signed up to receive one of them. Plus our partner also pre-paid for your 7-day free trial into NACREPS association. If not canceled, on the 8th day, you would be billed $39.97 per month for your membership which includes access to our website for ongoing real estate education via weekly teleseminars, webinars, conferences, videos, audios and coaching.

This was explained on the webpage outlining the unadvertised bonus gift (http://www.creapprentice.com/faqs/vipgift.pdf) as well as in your "Welcome to our Association" email.

Or, the second way you may have joined...

You were referred to our main website (http://creapprentice.com/Offer) or a similar site and purchased our property scout training manual for $97 (price increase to $197 will go into effect soon.) You also selected a specific recurring membership program.

To cancel your membership in our association, please send an email to:

and let them know you want to cancel your membership. Because this is an recurring subscription, you agreed to have your credit card automatically charged, unless you contact us and tell us to cancel the membership subscription. However, you may want to review all the new training that's available on the website first.