Even if you put a modest amount into a reserve fund for rainy-day repairs, that money is still not meant for you. A triple net lease also takes the property management out of your hands and allows you to focus elsewhere—on other business decisions or life in general. From the tenant's...
A triple net lease (triple-net or NNN) is aleaseagreement on a property where the tenant promises to pay all expenses, including real estate taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities. NNNs are one type of commercial property...
A triple net lease is an agreement between a tenant and landlord that makes the tenant responsible for all costs of the property in addition to rent. This style of lease is common for commercial properties, and according to The Money Alert, the tenant will pay rent, taxes, insurance and ma...
Gross Leasesinvolve a single rent payment, with the landlord covering all additional expenses. While easier to budget for, the overall rent may be higher to cover these costs. Common Area Maintenance (CAM) Fees CAM fees cover the upkeep of shared spaces like hallways and parking lots. To avoi...
When maintenance costs are higher than expected, tenants under triple net leases frequently attempt to get out of their leases or obtain rent concessions. For this reason, many landlords prefer bondable net leases, which is a type of triple net lease stipulating it cannot be terminated before its...
Investment Grade Real Estate offers investors true passive income and wealth preservation. You own the real estate your investment grade corporate tenants commits to a long term net lease (often 10+ years) and pays your property taxes, insurance and main
That question is the basis of the Lesson in "How to buy, sell and invest in real estate safer and easier with the Lease 2 Purchase contract." If you're looking for a road map to guide you through the Lease 2 Purchase realm, keep reading!
renegotiate, finance, turn around, and operate mobile home parks. It’s 100% live yet 100% virtual so there is no travel time or cost, and you get a complete recording of the event that you can refer back to at any time. The event is Q&A throughout with no questions left unanswered...
from there. It can seem like a good idea to take out a big loan, but if you don’t actually need that much money, you’re getting your business into debt for no reason. You’re much better off analysing your situation properly and applying for the right amount of money you really ...
While stores can be a vital tool to grow your business, the leasing process can be arduous and overwhelming. This retail leasing guide will provide an overview of the leasing process, strategies for choosing a retail location, and tips for negotiating a lease that supports your business goals....