I used to deal with a builder and dragged him out there to give me his ideas and costs for doing what I wanted to do which was to buy each of these homes and convert the garage to living area and add on a master bath and bedroom suite to the home and build a new triple garage with work area to each.

Current owner stated about $20K in expenses for last year.The building is not a true triple net lease as the landlord is responsible for the roof/parking lots, but the interiors of the building, restrooms, AC etc are paid by the tenants.Looking for Cap rate info and expense ratio info.Thank you!

Most typical would be to create a NNN ("triple net") lease where he would still be responsible for all maintenance, taxes, insurance, ect.

I am a broker and an investor but I do commercial only (multifamily & also triple net leasing).You need to define what kind of investors you will cater to and who you do and do not want to work with (business model).

Regardless welcome to BPKeep us posted on your multi-family / triple net investing

I am an investor and also a commercial real estate broker who owns my own firm with a specialty in multifamily apartment buildings and then triple net leasing.First you need to analyze what properties you currently have and if they meet your investing goals.

Hi,We have a triple net leased property valued at $1.8M that we built for $1.2 M.

A year and a half ago there was some good buys on townhouses at that price point in Concord, but they have sine tripled in price.

I haven't purchased any triple net properties yet, but the few triple net leases I have reviewed have included provisions for an annual increase in rent.

Any questions on apartment buildings or triple net leasing just ask.