If you are investing in Triple Net (NNN) Commercial Real Estate, there are definitely some things that I will caution you about on what to look for if invested in this type of real estate investment. A Triple Net Lease is also referred to NNN or Net, Net, Net where the tenant picks up the tab for real estate taxes, insurance and maintenance.
Triple Net Properties usually provide a lower cap rate however investors love these properties because they are usually less headaches as many will not have to deal with any ongoing maintenance or issues with the property. However, in this video, I talk about two different triple net investments that I brokered that have gone bad.
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Disclosure: I am not an attorney, accountant or financial planner. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law and finance. I am a Florida Real Estate Broker Lic# BK3030453.
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