, March 19, 2019 /PRNewswire/ -- In connection with the announcement on January 14, 2019 by Rich Uncles Real Estate Investment T. One of the primary reasons that I became. txt : 20170526 0001144204-17-002545. Now it's time to see how things hav. hdr. WRITE REVIEW. Company Type For Profit. Howard Makler . SUPPLEMENT NO. 2 to its Registration Statement on Form S-11 containing revisions responding to your comments. 0001144204-17-020725. On behalf of our client, Rich Uncles REIT, Inc. Suite 550, Costa Mesa,. Rich Uncles’ technology platform allows people to invest in commercial real estate without middlemen. Re: Rich Uncles NNN REIT, Inc. This CONTRIBUTION Agreement (this “Agreement”) is entered into as of September 19, 2019, by and among (a) Rich Uncles NNN Operating Partnership, LP, a Delaware limited partnership (the “Operating Partnership” or the “Contributee”), (b) RW Holdings NNN REIT, Inc. “This is an. As an employee I get to share in the success of the company through stock options. When they make rental payments,. , March 19, 2019 /PRNewswire/ -- In connection with the announcement on January 14, 2019 by Rich Uncles Real Estate Investment Trust I ("REIT I") of REIT I's decision to pursue. government is the REIT’s biggest tenant, contributing 19. Senior management intentionally worked salaried employees 60+ hours per week. This Supplement No. SUPPLEMENT NO. Real Estate Investment Trust - REIT: A real estate investment trust, or REIT, is a company that owns, operates or finances income-producing real estate. , or the company, together with its consolidated subsidiaries. RW Holdings NNN REIT, Inc. how to use black and decker hedge trimmer. Check out the whole video and my response! IG: REIT shareholders will receive a final cash distribution payment of $0. PROSPECTUS DATED JUNE 29, 2016 . Rich Uncles LLC , a California-based real estate investment firm, has filed for an IPO to raise up to $1B for a crowdfunding REIT . Rewarding work culture. As a writer, you pretty much eat what you kill. Rich Uncles REIT I originally started as a $25 million offering, increasing its size twice and has paid over $3 million in dividends to date. Rich Uncles has created an on-line distribution channel for the sale of non-exchange listed public REITs that eliminates payment of 10% commissions to financial planner intermediaries. Rich Uncles is an online platform designed to help investors access real estate investments. Let’s say that, after a lot of soul-searching, you. 25%. On behalf of our client, Rich Uncles NNN REIT, Inc. Have a brand name, get a trademark, have a real website with your rentals listed on it. Meet the newest addition to Rich Uncles NNN REIT, Inc. This is a way I can invest in real estate even on my tight budget. SEC Filing ID 0001144204-17-018323; SEC Filing Type 10-k; SEC Exhibit ID ex-10; Language en; Source Type contract; See Related Content and Templates. txt : 20151211 0001185185-15-003281. Fast Growing. 14, 2020 (GLOBE NEWSWIRE) -- RW Holdings NNN REIT, Inc. 주식 환매 계약. 2 dated November 15, 2016; Supplement No. Request for No-Action Relief under Rule 13e-4 Dear Mr. I've been investing with Rich Uncles for 6 months now. 2 dated November 15, 2016 and Supplement No. None - it was a horrible experience. Wirta is a businessperson who has been at the head of 13 different companies and holds the position of Chairman at Modiv, Inc. With real estate crowdfunding platforms, such Rich Uncles, the average person can now invest with just a tiny amount of money. Company Name: RICH UNCLES NNN LP, LLC. On behalf of our client, Rich Uncles NNN REIT, Inc. txt : 20151123 0001185185-15-003122. Rich Uncles is now Modiv and now requires accredited investors to invest in thei. RU Thrift Lake Elsinore, LLC. txt : 20161017 0001144204-16-128377. Pico Holdings (PICO) has said that it's looking to monetize its assets and return the proceeds to shareholders via a special dividend or stock buyback. I’ll never get rich writing articles, newsletters, or premium content. We have acted as counsel for Rich Uncles REIT, Inc. com 1-855-Rich-Uncles (1-855-742-4862)RICH UNCLES NNN REIT, INC. But there are some. Rich Uncles are a Commercial Real Estate Investment Trust (REIT). 9:00 AM - 6:00 PM. Item 4. Rich Uncles is going public in a bid to get even richer. Up front about annual returns and. On behalf of our client, Rich Uncles NNN REIT, Inc. hdr. 19, 2018 /PRNewswire/ -- The board of trust managers of Rich Uncles Real Estate Investment Trust I (the "Company"), a publicly registered non. 1. The company has over $400 million in assets under management, with shares owned by more than 10,000 individual investors. Rich-Uncles. (SEC) handed Rich Uncles' external advisor, BrixInvest, LLC, a cease-and-desist order and. 0001144204-16-110527. That doesn’t mean REITs should replace stocks in. In this video, I provide updates on my rich uncles account and my BRIX REIT. Legal Name Rich Uncles, LLC. REIT I's newest property acquired at $27M is a Class-A office building, leased to Sutter Health Group and is located in the city of Rancho Cordova, California, in the greater Sacramento area. . what happened to rich uncles. sgml : 20170302 20170302123208 ACCESSION NUMBER: 0001144204-17-012397 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT CMANews-(C)2009-2019 California, US-based real estate investment trust RW Holdings NNN REIT, Inc. And you understand how these businesses have disrupted old school ways of operating,” said Mr. Before you invest, you should carefully read the prospectus in the registration statement and the other documents Rich Uncles. , RichUncles. Monthly cash distributions (with optional reinvestment) and broad diversification for a low minimum investment make Modiv worth a close look, especially for non-accredited. Best Health Care REITs 2015. Tracking down late payments every month makes your passive income stream a lot less passive. A free inside look at company reviews and salaries posted anonymously by employees. We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business use. Modiv believes that hard-earned investment dollars are well served by an investor-first focus and the durable income of owning persistent properties where things are made. When processing loan applications, MRU takes into account an applicant's credit history. RW Holdings NNN REIT owns 24 operating properties, a 72. Fast Growing. . 5 million shares voted in favor of the merger, nearly 510,000 voted against, and 318,600 abstained. 6%. Rich Uncles REITs are nearly at $200 million in assets under management (AUM) with 31 commercial investment properties actively generating rental revenue. My question is how much of a tax hit will I get investing in this REIT vs any other equity/debt deal. Real estate Crowdfunding generally matches. PROSPECTUS DATED APRIL 28, 2017 . (the “Company”) has announced that it has, through a wholly-owned subsidiary of its operating partnership, completed the acquisition of a 51,800 square foot Class-A industrial-flex property located in Richmond, Virginia leased on a triple net basis to Omnicare, Inc. They are one of the proponents of crowd funding property investing. Real Estate (RE) has become a much larger percentage of my overall net worth than I had anticipated when I put together my blueprint to a $10M net worth. hdr. Rich Uncles : Resolves SEC Inquiry. I LOVE the BRIX REIT. Investors may choose to receive cash distributions or purchase additional shares through the Company’s dividend reinvestment plan. Re: Rich Uncles NNN REIT, Inc. Is this your company? This employer has not claimed their Employer Profile and is missing out on connecting with our community. Nominal return. txt : 20160127 0001185185-16-003532. The Company has the ability to. As of September 30, 2016, the Company’s investment which represents approximately 2. American Realty Capital REIT Reviews. Rich Uncles was founded for a single purpose – to make real estate investment easier and less expensive for the small investor. Rich Uncles has developed a Crowdfunding technology platform that enables average (non-accredited) investors to make on-line real estate investment purchases. sgml : 20151123 20151123153955 ACCESSION NUMBER: 0001185185-15-003122 CONFORMED SUBMISSION TYPE: S-11/A PUBLIC DOCUMEN0001185185-15-003281. Northstar REIT Reviews. 10 Apr, 2018, 12:23 ET. hdr. 5 million portfolio of 20 properties. This Supplement No. ” The founders wanted to create a platform that would allow people to invest in commercial real estate without having to be wealthy or have a lot of money. One does not have to be a professional investor to invest with Rich Uncles. I choose not to talk about this company more than this. Now you’re faced with the problem of deciding how to spend it. Rich Uncle: Tell him how it’s done. 4. 12% expense ratio and you get exposure to a variety of commercial real estate companies. com 1-855-Rich-Uncles (1-855-742-4862) Learn more0001185185-16-003433. Investing in a real estate investment trust (REIT) is a way to profit from the real estate market without having to buy physical real estate or worry about landlord. RW Holdings' board has formed a special committee composed of independent directors to evaluate a potential transaction. It's a great way to make passive income as Rich Uncles does all the work for you in procuring and managing properties. , or NNN REIT, announced today that Rich Uncles’ Chief Investment Officer David A. com | 1,112 followers on LinkedIn. The firm selects the most profitable and distinctive properties. 3793900. “Much of corporate America has made the decision to lease, rather than own, real estate, and Rich Uncles acts as a. Rich Uncles er hópfjármögnunarvettvangur fasteigna sem stofnað var af Raymond Wirta, formanni. , or NNN REIT, announced today that Rich Uncles’ Chief Investment Officer David A. ), we are responding to your letter dated March 17, 2016. This payment is called a dividend. At the Rich Uncles Real Estate Investment Trust I special meeting, 5. It includes both “nominal” (not adjusted for inflation) and “real” (adjusted for inflation) returns on a $2,000 investment (as of July 2022), held from 1987 to 2022. Now, they are. REITs also have an impressive track record on investment returns. and changed its name to Rich Uncles NNN REIT, Inc. 1 to Registration Statement on Form S-11. jpg M_]C_X0 817AI9@ 24DJ @ /_L !%$=6-K>0 !On January 14, 2019, Rich Uncles Real Estate Investment Trust I (“REIT I” or “Rich Uncles I”) announced that it had retained a real estate financial advisor to assist it in evaluating strategic alternatives which will include marketing its entire real estate properties portfolio for disposition by sale, merger or other transaction structure. Contact Email [email protected] Estate Investing for Everyone 3080 Bristol St, Ste 550, Costa Mesa, CA 92626I made an assumption that based on being a CFO that he would likely qualify as an accredited investor. 1 to the Prospectus dated October 11, 2016 and supplement No. . A capital gains tax of 20% (plus any. 3090 Bristol St Ste 550. , a publicly registered non-traded real estate investment trust also known as Rich Uncles NNN REIT Inc. Corporate America pays rent to Rich Uncles, and Rich Uncles pays cash dividends to you. Rich Uncles býður upp á að leyfa öllum að vera hluti af fjárfestingarsamfélaginu REIT. 75 million Monday for a two-story, Class A office building in Maitland Cente…A West Coast REIT that offers investor opportunities through crowdfunding is the new owner of the fully-leased Accredo Health Group office building near Orlando International Airport. TO. The Company has the ability to. (the “Company”) has completed a competitive process to determine the Company’s independent registered public accounting firm for the fiscal year ending. ” To recap our conversation, we discussed: Rich Uncles National. Rich Uncles REIT is featured today in the Wall Street Journal – front page of "The Property Report. Rich Uncles NNN REIT, Inc. Recently, the company announced the filing of a registration. sgml : 20160526 20160526140314 ACCESSION NUMBER: 0001567619-16-002439 CONFORMED SUBMISSION TYPE: S-11/A PUBLIC DOCUMENRich Uncles NNN REIT, Inc. The REIT reported a $10. , April 10, 2018 /PRNewswire/ -- BrixInvest, LLC (dba "Rich Uncles") announced today that it has hired seasoned public real estate. Ho joined Rich Uncles, LLC in 2016 as the company's chief financial officer, where she has helped lead the acquisitions of 29 commercial properties across two Rich Uncles-sponsored REITs: Rich. COSTA MESA, Calif. , dated June 29, 2016 (as supplemented by Supplement No. txt : 20170517 0001144204-17-028191. Also view part 2 of my review here points: It has been. on RealtyMogul's website. , or NNN REIT, agreed to buy Rich Uncles Real Estate Investment Trust I, or REIT I, in an all-stock transaction. Rich Uncles, LLC. Company Awards. And you understand how these businesses have disrupted old school ways of operating,” said Mr. [LAUGHTER] Audience: [APPLAUSE] Howard Makler: My favorite part of that video is at the end where it says, “Even you too can be a rich uncle. 7%. ("NNN REIT"), has successfully reached a settlement with the Securities and Exchange Commission. Phone Number 855-RICH-UNCLES. RW Holdings NNN REIT Inc. 14, 2020 (GLOBE NEWSWIRE) -- RW Holdings NNN REIT, Inc. Monthly cash distributions (with optional reinvestment) and broad diversification for a low minimum investment make Modiv worth. BrixInvest, LLC (f/k/a Rich Uncles, LLC) is an advisor and sponsor of three public, non-listed real estate investment trusts: Rich Uncles Real Estate Investment Trust I, RW Holdings NNN REIT, Inc. Are REITs A Good Investment in 2016. . 14, 2020 (GLOBE NEWSWIRE) -- RW Holdings NNN REIT, Inc. RW Holdings NNN REIT Inc. Costa Mesa, CA Director of Real Estate and Mortgages for this public REIT founded by the Chairman of CBRE:. 74 per share. If you’ve ever been a landlord, you know finding reliable tenants is everything. Rich Uncles NNN REIT, Inc. The moment we have all been waiting for has finally arrived! The Rich Uncles real estate crowdfunding platform originally launched as a California based fund that invested in Commercial Real Estate, but was only available to California residents only. (NYSE: MDV) is a newbie net lease real estate investment trust ("REIT") that just IPO'd in February of this year. On behalf of our client, Rich Uncles NNN REIT, Inc. RW Holdings NNN REIT Inc. This Supplement No. They offer Real Estate Investment Trusts or REITs with their own unique spin on how the deals are sourced. Rich Uncles REIT provides a way for individual investors to earn a share of the income produced through commercial real estate ownership — without having to buy and manage it yourself. , or NNN REIT, announced today that Rich Uncles’ Chief Investment Officer David A. On March 25, 2016, the Company filed Pre-Effective Amendment No. , and an affiliated non-traded REIT, Rich Uncles Real Estate Investment Trust I, have agreed to merge in a proposed transaction where NNN REIT would. 2 to Registration Statement on Form S-11. 5. Newport Beach, California 92660, US. Trusts (“REITs”). A summary of the impact the coronavirus crisis is having on Rich Uncles' NNN REIT. 4 . , Feb. Brain Power (IP) Company Profile & Annual Report for RW Holdings NNN Reit Access the complete profile. reits stocks. com – Real Estate Investing for the Rest of Us*Disclosure, these are amazon affiliate links. Steadfast Apartment REIT Reviews. COSTA MESA, Calif. These are you. The company's filing status is listed as Active and its File Number is 201709810107. RW Holdings NNN REIT Inc. AGREEMENT AND PLAN OF MERGER . 5, is part of the prospectus of Rich Uncles NNN REIT, Inc. Primary. Remove Advertising. hdr. Two important facts jump out about the company right away. MRU provides loans of up to $50,000. If so, please explain to us how such participation is consistent with the Oct. hdr. I first came across Rich Uncles in 2015, when my wife and I were contemplating buying a second piece of investment real estate. COSTA MESA, Calif. Until December 31, 2019, our business was externally managed by Rich Uncles NNN REIT Operator, LLC (our former external advisor). 3 to its Registration Statement on Form S-1. txt : 20150715 0001185185-15-001829. A Shopping Center REIT That Has Something Special . In this video, I provide updates on my rich uncles account and my BRIX REIT. com. For substantial assistance in connection with the sale of properties, the Company shall pay to its Advisor or one of its affiliates 3. com is the realization of his long-held vision of democratizing commercial real estate ownership. , April 10, 2018 /PRNewswire/ -- BrixInvest, LLC (dbaFun and rewarding workplace. 5% dividend with plans of #BRIXREIT #DarthDividend #RichUnclesREITThis was my first true test as a dividend investor. 1% to 1. But there are some. VC / Private Equity. DBA RICH UNCLES LLC DBA Rich Uncles NNN REIT, Inc. , a publicly registered non-traded real estate investment trust also known as Rich Uncles NNN REIT Inc. Rich Uncles Real Estate Investment Trust I operates as a real estate investment trust (REIT). Info about rich uncles/BRIX REIT. (the “Company”) was organized as a Maryland corporation for the purpose of acquiring, owning, and operating a. 1 to Registration Statement on Form S-11. 721 exchanges are an excellent tax mitigation strategy for real estate investors. , which launched on April 17 via an offering circular, shares Rich Uncles’ Costa Mesa headquarters. Utilizing a crowdfunding model for capital-raising, Rich-Uncles is a REIT focused on single-tenant, freestanding commercial real estate properties. One of the best. Alts News; Rich Uncles REITs to Merge and Acquire External Advisor, Disclosed Proposed Settlement of SEC Investigation. Real Estate Investing for Everyone RichUncles. What Happened Rich Uncles Reit? Credit: expertclick. hdr. But there are some limitations. The Company has the ability to exercise significant. Rich Uncles is a Real Estate Investment Trust (REIT) that allows small investors the opportunity to invest in commercial property. A growing trend in the real estate investment sector is the use of crowdfunding to raise capital for transactions. Trusts (“REITs”). (the “Company” or “RWH”) plans to resume a primary offering for Class C shares on or about June 30, 2017, with subscriptions completed by that date and benefiting from a new price of $7 per share. hdr. and Rich Uncles Real Estate Investment Trust, Inc. has filed a registration statement (including prospectus) with the US Securities and Exchange Commission (SEC) for the offering to which this communication relates. Modiv is the new brand coming out of the merger of Rich Uncles with another private REIT, and is among a growing group of investment crowdfunding platforms opening up REITs to everyday investors via JOBS Act provisions. (the “Articles”). ago. , a Maryland corporation (the “Company”), in connection with the Registration Statement on Form S-11, as amended on Form S-11/A, on December __, 2015, File No. Modiv Inc. . , including Jilliene Helman, its Chief Executive Officer. Monthly cash distributions (with optional reinvestment) and broad diversification for a low minimum investment make Modiv worth. RM Adviser, which manages the Income REIT’s day-to-day operations, has access to the experienced team of real estate finance professionals employed by Realty Mogul, Co. This Supplement No. 0% of the contract sales price, as defined, of each. , Chairman for Rich Uncles REIT I (a subsidiary of Modiv, Inc. Rich Uncles NNN REIT invests primarily in single-tenant revenue-producing real estate properties leased to creditworthy tenants under long term net leases. (Former name, former address and former fiscal year, if changed since last reportAbout Rich Uncles Real Estate Investment Trust I. 001 par value per share, and 50,000,000. Rich Uncles NNN is the smaller fund that is currently open and accepting money. At the time, all of their plans were exceeding that return by a wide margin, so I thought that was a conservative timeline. The Company has the ability to exercise. hdr. , Feb. prior to the name change they were, i now see, investigated by the SEC regarding the sales/marketing of their shares. Rich Uncles has two triple net lease (NNN) funds. By offering these. A free inside look at company reviews and salaries posted anonymously by employees. com believes that it is the largest on-line Crowdfunding platform exclusively marketing real estate investment interests to smaller, non-accredited investors. BRIX REIT, INC. The company was formerly known as Rich Uncles REIT, Inc. com | 1,112 followers on LinkedIn. Please refine your search by (Localization + What, who?. . ” To recap our conversation, we discussed: Rich Uncles National. hdr. Last updated: August 28, 2023. Alts News; Rich Uncles REITs to Merge and Acquire External Advisor, Disclosed Proposed Settlement of SEC Investigation. , has changed its name to Modiv Inc. . Rewarding work culture. hdr. 4% with these REITs that rent to the US government. You could make a down payment on a condo—or better yet, on that BMW that you’ve always wanted. 120 Newport Center Drive. The future of Wealth Advisors and technology platforms. Rich Uncles is a Real Estate Investment Trust (REIT) which brings a wide range of opportunities for its clients. 45% ownership interest in Rich Uncles REIT I. , April 10, 2018 /PRNewswire/ -- BrixInvest, LLC (dba 'Rich Uncles') announced today that it has hired seasoned public real esta. Rich Uncles uses non-listed REITs, typically using the Reg A+ securities exemption, to enable investors to access real estate assets that generate both income and growth. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. 5 years ago I posted my first of two video reviews about Rich Uncles and their radio commercials that run in Los Angeles. Earn passive income by directly investing in properties from around the US. 1 . Please supplementally provide us with detailed explanations of (1) each type ofMy Rich Uncle, or MRU Holdings, Inc. Form FWP Filed 2017-07-06. The firm selects the most profitable and distinctive properties for their clients to invest in. If you suffered losses investing in Rich Uncles Real Estate Investment Trust I and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117. Then it launched its national fund, which opened up the investment opportunity to many states, but not all […] Legal Name Rich Uncles, LLC. For Employers. REIT I's newest property acquired at $27M is a Class-A office building, leased to Sutter Health Group and is located in the city of Rancho Cordova, California, in the greater Sacramento area. Read More. News Releases; Rich Uncles Resolves SEC Inquiry. commercial property. 5% dividend with plans of. sgml : 20150909 20150909154318 ACCESSION NUMBER: 0001185185-15-002374 CONFORMED SUBMISSION TYPE: S-11/A PUBLIC DOCUMEN COSTA MESA, Calif. hdr. Rich Uncle 1: Welcome to the family. . MyRichUncle was a loan product that was marketed to students by the American company MRU Holdings, Inc. Rich Uncles is a relatively new company and they offer real estate investing to non accredited investors. A. hdr. , and the undersigned directors of Rich Uncles NNN REIT, Inc. Low minimum (starting at $5, yep that’s no typo, you can start with $5) Easy to use platform and only 2 REIT’s to choose from. The RealtyMogul Income REIT is managed by RM Adviser, LLC, a SEC registered investment adviser and wholly-owned subsidiary of Realty Mogul, Co. 120 Newport Center Drive. Finally, in 2021, the REIT changed its name to Modiv in preparation for the eventual IPO in. , a Maryland corporation (the “Company”), in connection with the Registration Statement on Form S-11, as amended on Form S-11/A, on January 26, 2016, File No. 57 net asset value per. Step 2: Select an account type. 1 (this “Amendment”) is made as of August 3, 2018 to the Second Amended and Restated Advisory Agreement, effective as of August 11, 2017 (the “Agreement”), by and between RW Holdings NNN REIT, Inc. Rich Uncles NNN REIT is a Real Estate Investment Trust that has been authorized to raise $1 billion to purchase single tenant, triple net. About Rich Uncles : Contact Us : Rich Uncles allows small investors the opportunity to invest in commercial properties. The only way this COULD happen is from the uncle or aunt being childfree. Best REIT Funds Morningstar. . We have acted as counsel for Rich Uncles REIT, Inc. pmward • 5 yr. MARYLAND DOMESTIC CORPORATION. 5. 1 dated October 11, 2016; Supplement No. 0001144204-16-128377. Rich Uncles is a relatively new company and they offer real estate investing to non accredited investors. 3 dated November 29, 2016), or the Prospectus. Just like Easterly, OPI has received an. "We are on track to sell out the REIT during the third quarter" stated CEO Harold Hofer. “Our investors have limited exposure to real estate investments” explained Hofer. At the NNN REIT special meeting held on December 17th, 10. COSTA MESA, Calif. 1 to the Prospectus dated October 11, 2016 and supplement No. RU Chase Antioch, LLC. We invest in Triple Net leased properties where the tenant is responsible for paying all property related expenses. 3 is part of the Prospectus of Rich Uncles NNN REIT, Inc. The company has 1 contact on record. Entity Type: CALIFORNIA FOREIGN LIMITED-LIABILITY COMPANY. FacebookRich Uncles, the public-facing brand acquired by the Company alongside its merger with Rich Uncles REIT I in 2019, will no longer be used after February 1, 2021. The board of Rich Uncles Real Estate Investment Trust I, a publicly registered non-traded REIT, has hired Cushman & Wakefield as its real estate financial advisor to evaluate strategic alternatives which will include marketing the REIT’s entire real estate properties portfolio for disposition by sale, merger or other transaction structure. Modiv, formerly known as NNN REIT and Rich Uncles, is a non-traded Real Estate Investment Trust (REIT). Investment type. They are a public, non-listed REIT that is currently paying a 7. A few years from now, you sell your HappyNest holdings at $200 dollars per share. The purposes of this Supplement No. 6 Rich Uncles reviews. If you purchase a product or service with the links that I provide I may receive a small commission. 14, 2020 (GLOBE NEWSWIRE) -- RW Holdings NNN REIT, Inc. On June 28, 2016, the Company invested $2,000,000 for 200,000 shares in Rich Uncles Real Estate Investment Trust I (“Rich Uncles REIT I”), an affiliate of the Sponsor. Changes in Registrant’s Certifying Accountant (a) Dismissal of Independent Registered Public Accounting Firm The Board of Directors (the “Board”) of Rich Uncles NNN REIT, Inc. central index key: 0001645873 standard. . Gowetski: Pursuant to Rule 461 promulgated under the Securities Act of 1933, as amended, Rich Uncles NNN REIT, Inc. Pros. Two important facts jump out about the company right away. The contract purchase price for the property was. 2 dated November 15, 2016. , Feb. Rich Uncles allow investors to invest in their public non-traded REITs. The business has failed, but because they declared bankruptcy, no individual was liable for the existing debts of the. "Including properties under contract which we fully expect to purchase after due diligence completion. (REIT). They claim to be an online REIT backed by student housing properties and claim a dividend rate of 8%. RU PMI San Carlos, LLC.