We have 300K spec homes a block away from a tax credit apartment complex in an upscaled neighborhood with over the top amenities, old fashioned light posts, shopping center and theater.

Retail Center : 5600 sq ft (NNN) Triple Net2 National Tenants - Radio Shack and Sherwin WillaimsPrice: $700,000Down Payment: $106,485Gross Income: $77,503Expenses: $12,979NOI: $64,524Loan Payments: $37,871Pre Tax Cash Flow: $25,653Principle Reduction: $9,890Summary:Positives: - The bank is willing to finance with only 15% down and 4.5% interest rate and no balloon

I think it is a win-win, I charge much less than Rent-A-Center and they pay enough to cover normal repairs/maintenance.

When the foreclosure volume picked up in 2009 and MERs was brought to center stage, the issue was does MERs as a nominee and have a right to enforce the rights within the security instrument to foreclosure.

But I also grew up here.You might start out with 2 or 3 that seem to represent your core interests and get to know those very well then move out from there if you're not familiar with each neighborhood within that zip.I never really thought ofmy area in terms of zip codes but geographically as to direction from the center city, S, SE, SW, etc.

it's a 15 minute walk to the center of the local university, I wouldn't have any trouble finding tenants.

I have no problem with tying up a property owned by whomever, through an accepted offer, and after the offer is accepted, finding a buyer and doing a double close.I think the confusion in this argument centers on: 1) who is the owner, equating SS with REO and; 2) at what point is the agent/buyer finding another buyer.If, and when the 2nd buyer finds out he paid 20k more and is unhappy about the matter, a little unfavorable publicity may come the agents way.

Looking at the following link, Bakersfield has the 6th highest "Gross Rental Yield Outside of City Center", if you sort on that column.

Yes Triple Net gives a passive investment.You still have to be active when you research when purchasing and planning your exit.You have to have at least hundreds of thousands in cash to millions to really get into triple net properties.Most prices range from 1,000,000 to 20 million.If it's not a single tenant only then you will have to have management say for a shopping center or small strip center and will have to check in with them as Rich does.My main concern I hear from clients id they do not want to be responsible for anything being states away or out of the country.They just want the check for their investment.If you have little to no money then you will need to grind out very high yield properties to grow your money quicker but that will be hands on.So someone that has 600,000 and makes 200k a year is different then someone that has 100k cash but wants to do real estate full time.One is mainly wealth preservation and the other is wealth creation.The first wants wealth creation but security trumps risk for most.

DATE: Saturday, July 14TIME: 9a - 4pLOCATION: REIN Education Center, 2416 Music Valley Drive, Suite 151, Nashville, 37214COST: $39 Members $69 Guests, early bird pricing...