In his case, he wants triple!

Ive been thinking of about selling and doing a 1031 to roll the equity into 3 new rentals (2 net new) which would effectively triple my cashflow and loan pay down.

To put your return in comparison, our average return is more than double what yours is(closer to triple, actually)   I can pretty consistently pick up a 2/1 duplex of about 900sf each side for $75k/ side and rent it for $1,000.  

I also would have thought a warehouse would be a triple net lease.

The winning bid was $32k, more than triple last years winning bid on the same property.

Its value tripled since we bought it in Aug 2018 What made you interested in investing in this type of deal?

My grand slam will be a triple when I am done, so don’t feel bad for me.  

@Deniz Eker NNN stands for triple net or absolute net (net of expenses) and it is a lease structure where the tenant is responsible for taxes, insurance, utilities, maintenance, as well as capital items such as roof, HVAC, and parking lot replacements.

There are a few great options in that regard: turnkeys, syndications/funds, notes, private lending, and triple net commercial properties.Right now is a great time to decide on one to two markets you like.

@Julie Hill, will the property support a 8-10% triple net lease?