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24 July 2024 | 8 replies
Here are some pros and cons for triple net leases:Pros of NNN LeasesStable and Predictable IncomeLong-Term Leases: NNN leases often come with long-term lease agreements (10-25 years), providing a stable and predictable income stream.Creditworthy Tenants: These leases are typically with established and creditworthy tenants, reducing the risk of default.Minimal Landlord ResponsibilitiesTenant Responsibilities: Since the tenant covers property taxes, insurance, and maintenance, the landlord's responsibilities are minimal.
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24 July 2024 | 7 replies
Good turnkey providers should be able to minimize vacancy periods and reduce turnover costs.
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23 July 2024 | 7 replies
If a market has been flat for the last 50 years, that's a pretty good indication it will remain flat.
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23 July 2024 | 5 replies
@Troy Zapp, if the wife is on board, start exploring the investment strategy of house hacking to minimize monthly expenses and watch your income snowball.
24 July 2024 | 6 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
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24 July 2024 | 12 replies
As @Chris Seveney is indicating, I would absolutely attempt to obtain a copy of the existing title policy or have them provide a new one, if possible.
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25 July 2024 | 24 replies
Simple post the deal in the local forums and indicate you are looking for a HM lender,
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26 July 2024 | 37 replies
@Ryan Klein don't minimize the importance of cash flow.
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23 July 2024 | 6 replies
The bank indicated that I can do the loan on my own (net worth, experience, ext.).
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22 July 2024 | 9 replies
Has anyone indicated that the 2 existing units are rent controlled?