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All Forum Posts by: Evan Glasco

Evan Glasco has started 2 posts and replied 3 times.

Post: How to obtain a list of multi family properties

Evan GlascoPosted
  • Property Manager
  • Grass Valley, CA
  • Posts 3
  • Votes 0

Is it possible to obtain a list of local multi-family properties? I've found a few driving by, but I'm wondering if there is a more efficient way of doing this.

Any information is much appreciated. Thanks!

Post: What are some pros & cons of a NNN vs Gross lease agreement?

Evan GlascoPosted
  • Property Manager
  • Grass Valley, CA
  • Posts 3
  • Votes 0

@Chad Hale thank you for your insight. t’s a good thing my worker and i do virtually 98% of all the repairs and maintenance. If it means a happy tenant/landlord relationship, I’m happy to fix anything that needs repair.

Post: What are some pros & cons of a NNN vs Gross lease agreement?

Evan GlascoPosted
  • Property Manager
  • Grass Valley, CA
  • Posts 3
  • Votes 0

Hey guys, I’m brand new to BP. What an amazing resource. So my company owns and manages multi tenant industrial complexes and a mini storage. We currently have 125 tenants, all on GROSS leases. It certainly produces positive cash flow, however the maintenance can be a bit pricey. I am looking into investing more into residential properties (duplexes, apartment complexes etc.).

My question, what if any are the benefits to having my residential (and potentially my commercial) tenants sign a NNN lease as opposed to a GROSS lease? I'd assume it's less of an upfront cash flow but may pay off in the long run? Any issues with in forcing the tenant to pay for the triple net costs? Thanks