Hoarder house way under market, cleaned it up and tripled the value in six months.

Texas awards triple damages in some types of landlord deceit, probably security deposit but I don’t remember exactly.

@Cliff Gervais buy a triple decker with an FHA loan, get it to where you want it maintenance and tenant wise, save some money and then do it again.

I agree it will eat up my cash flow, I just figured I would get started with 2-6 unit and try every year to double, then triple, and so on. 

I have a question regarding Triple Net Leases...

Idaho Falls has a large need for this kind of commercial and I bought my land cheap and 3 years later it tripled in value so the bank gave me the appraised value towards my down payment.

Over these 10 years, it triples to $300k.

Is it triple net, meaning the tenant has to pay taxes, utilities, maintenance?

I know they have 5.5" LVLs, maybe I could triple up on them, and use hangers to attach the new ceiling joists too? 

Each component may have a different name, or be subject to slightly different allocation of cost (triple net office has the tenant pay most of the operating expenses and property taxes), but the bottom line number that we care about is Net Operating Income or NOI.When you hear people talk about NOI, you'll know how that is defined (formula above).