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In this episode, co-hosts Adam Carswell and Michael Flight explain the process of making an offer on a Triple Net (NNN) property with what is called the Letter of Intent, or Purchase Offer.

They discuss the key information to include in an LOI to make sure the investor and property owner are clear on the stipulations of the offer. Michael and Adam also point out and define terms, such Purchase Sale Agreement, Single Asset Entity, Estoppel Certificate and many more, educating listeners through a step-by-step breakdown of an LOI.

They wrap up this episode with an emphasis on why they aim to prepare investors for these Triple Net investment deals with a clear letter of intent.

For more information on:

Liberty Real Estate Fund LLC (https://libertyfund.io/)

Concordia Realty Corporation (concordiarealty.com/)

Chicago Blockchain Real Estate Collective (http://www.concordiarealty.com/chicago-blockchain-real-estate-collective-meetup/)