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Exhibit 10.1

AMENDMENT NO. 3
 TO
SECOND AMENDED AND RESTATED ADVISORY AGREEMENT
OF
RW HOLDINGS NNN REIT, INC.

This Amendment No. 3 (“Amendment”) to the Second Amended and Restated Advisory
Agreement, effective as of August 11, 2017, as further amended on August 3, 2018
and August 9, 2019 (the “Agreement”) between and among RW Holdings NNN REIT,
Inc. (the “NNN”), Rich Uncles NNN REIT Operator, LLC (the “Advisor”) and
BrixInvest, LLC (the “Sponsor”), is hereby entered into as of this 14th day of
October, 2019.

RECITALS

WHEREAS, in connection with the Sponsor’s recent settlement with the SEC, all
future offerings of NNN common stock must be made through a registered broker
dealer;

WHEREAS, in connection with NNN’s planned filing of an update to its Form S-11
that will include disclosures of the new plan of distribution, NNN will agree to
pay all future organization and offering costs, and to no longer be reimbursed
by the Sponsor for NNN’s Investor Relations personnel costs after September 30,
2019, in exchange for the Sponsor’s agreement to terminate its right to receive
3% of all offering proceeds as reimbursement for organization and offering costs
paid by the Sponsor; and

WHEREAS, the execution and delivery of this Amendment has been duly authorized
by each of the Board of Directors of NNN, the Sole Manager and Member of the
Advisor and the Board of Managers of the Sponsor which have consented to the
Amendment and authorized the execution and delivery of this Consent by the
Manager.

AMENDMENT

The Agreement is hereby amended as follows:

1.  Section 10 (a) (i) is hereby deleted from the Agreement effective as of
October 1, 2019 (the “Effective Date”), together with any and all references to
“Organizational and Offering Costs” appearing elsewhere in the Agreement.

IN WITNESS WHEREOF, the undersigned have executed this Amendment effective as of
the Effective Date.

NNN:
 
ADVISOR:
 
SPONSOR:
               
RW Holdings NNN REIT, Inc.
 
Rich Uncles NNN REIT Operator, LLC
 
BrixInvest, LLC
               
By:
/s/ RAYMOND J. PACINI
 
By:
BrixInvest, LLC, its Sole Manager and Member
 
By:
/s/ AARON S. HALFACRE

 
Raymond J. Pacini
         
Aaron Halfacre
 
Chief Financial Officer
         
Manager
     
By:
/s/ AARON S. HALFACRE
             
Aaron Halfacre
             
Manager
     

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