how to know if it's a good deal because I'm new at this
Ok, without giving away any names of people or companies I'll try to keep this brief. I just started working for a small REI firm focusing on NNN properties with single tenants &amp; Multifamily props after working at a tech company. Our principal made it very clear we only want stupid high cap rates and basically get the best of all deals to get these props at huge discounts. It was assigned to me to find these properties. So I built a data scraper for several REI databases to pull addresses, phone numbers and emails for listed owners of properties and then built a program to text, call or direct mail (ab test) all these properties and create a lot of leads. In 4 weeks we have generated 418 responses back with 119 positives (open to hearing offers). Our principal is only interested in offering at above a 10% cap for NNN &amp; above 7% for MF and so 99.9% said to f\*\*\* off. But it's infuriating because I know this software could work for other groups who are open to going after properties at a more reasonable cap rate. How do I still monetize the properties that I did find even if my firm doesn't go after them?
[{"id": "ip9mkel", "text": "You could do wholesaling where you get one under contract and sell the contract to a buyer who would pay a premium relative to the price you have it under contract for. I think one way to find a buyer is find like kind properties in the area and call their ownership groups proposing this off market deal.", "replies": [{"id": "ipc5gf8", "text": "How could I find potential buyers to do this? Do you have any resources or info to point me towards to learn more? Thank you for responding!", "replies": [{"id": "ixfvrbu", "text": "Check pms - I do wholesale on the SFR side and have my entire team transitioning to wholesale and also buy on the CRE side. Can show you exactly how to find buyers", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ipa7umh", "text": "I like your tool. Did you build it in python? Would you be interested in sharing it?", "replies": [{"id": "ipc5bgx", "text": "Part is built in python. The data scraping uses multiple tools, the messaging and calling requires python. Can't share it publicly but feel free to message me separately.", "replies": [], "depth": 2}], "depth": 1}, {"id": "ipatt5a", "text": "Please message! I would love to have some thing built like this for my niche.", "replies": [], "depth": 1}, {"id": "ipcefbs", "text": "Very cool. Did you sign anything that says you can't take it with you when you go? Sounds as if you have talents that are bigger than the company you work for. By the way that's a fantastic response rate, at whatever cap. Start looking for a company or partner who understands the potential of your tech skills. Are you America, is this in USA?", "replies": [{"id": "ipcx70g", "text": "Thanks! It is USA. Focusing in the Midwest. \n\n&amp;#x200B;\n\nNothing really in place to not take system but def can't take the contacts potential properties.", "replies": [], "depth": 2}, {"id": "ipdc9q2", "text": "You may be on to something bigger than you know. If I were you, I'd be vague with my employer on how it all works and what it's good for. \n\nIf it does what you says and it's scalable you'll want to retain a proprietary interest and pitch it to bigger players. Rather than putting a blind post on Reddit,  start shopping for people who will see the potential and will want to invest in you. Chicago, Detroit and Indianapolis all good places to start. I've been impressed with the entrepreneurial program at Notre Dame University https://www.nd.edu/research/innovation-and-entrepreneurship/. I'm a small Hawaii based Broker, not in a position to assist, but this sounds very promising to me, especially the response rate.", "replies": [{"id": "ipdzblv", "text": "This is great. Thank you for the feedback. I really do think this is something untapped because our principal told me to get 50 properties to respond in 4 weeks and this system turned out 418 and he told me he's never seen that before.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ipcsqui", "text": "How did you determine that these properties would sell at a stupid high cap rate?", "replies": [{"id": "ipcxk49", "text": "That's the experiment, ab testing, I've been running. Basically start with everyone gets contacted and then see who responds, record all the details and metrics for them. Then look at who responds and is open to selling at higher caps, record all details and metrics for them. Look for patterns or consistent variables and then run more data scrapes with those parameters. Rinse, repeat.", "replies": [], "depth": 2}], "depth": 1}]