Starting Out With Absolute/True Triple Net (NNN) Lease Investing

[William M.]

I'd like to get into this lesser known method of investing in Absolute/True Triple Net (NNN) Leases and I was wondering if it'd be a good thing to start out in as a beginner if you can finance the deal 85% to 100% and have this not be for a 1031 exchange but just to receive passive income. My market for properties would be in North Carolina. What is a good information source and guide to finding these properties and understanding the entire process of acquiring these types of real estate investment vehicles including the risks and how to avoid them. If someone could be put me in touch with the right person(s) to help me get started please don't hesitate to steer me into the right direction. Thanks BP for your support!

Show less 

[Joel Owens]

Finance the deal 85 to 100%? Triple net?

I do not know what you are reading out there but that is a pipe dream.

Do you have money that is yours 400k,600k,1 million to put down on an STNL freestanding single tenant building or MTNL  ( strip center)?

By the way those properties minimum are 25% down and likely to go to 35 to 40% down if not BBB- or better investment grade tenant.

Not trying to squash your dreams but I look at between 500 to 1,000 om's and flyers a week for my clients nationally for NNN retail STNL and MTNL.

Before getting to deep trying to learn it make sure you have the capacity with the down payment to move forward.

If you are accredited there are some funds where instead of owning directly you own a small slice for a 50,000 investment for example.