Over time the last 10 years I sold that and bought 2 more NNN (triple net) buildings, heavily paid down the mortgages and am now living off the cash flow so WOW I am full time!

Depending on the place being a new landlord isn't a passive activity at all.True you might be getting 1% or less in a CD or bank account now and you don't get depreciation like with real estate but you can easily beat those numbers.If you have a few hundred k or more I would say triple net it a great route as you can hit a 6% to 10% cap and not do anything but collect a check.

Also the loans are different in you are buying multifamily with 5 + units or say triple net leasing which uses mainly CTL lenders.Regular banks in some cases are giving out just short term loans as they want to relend the money when inflation kicks in at higher rates.Lenders who specialize and fund a specific assets class you can usually get longer terms and better rates than your local bank.

I'd rather them be invested in me (ie, just give me capital and get a return on it) than them have the title of partner, which would make them feel more obligated to more money.If you guys plan on each getting 1/3rd of the profit, look at it like this, if you decide to do it with no partners, you will triple your profits!

Bill Gulley,I just read an article that some ARs have tripled and quadrupled in market value.

Retail, multifamily, triple net??

I would have joined earlier, but my mother wouldn't sign the papers releasing me.Unfortunately for me, I made the mistake of buying a triple decker there during my "mistake making phase" of investing.

i have 17 years left on the loan so i had a lot of principal paydown each month. i run slightly into my pocket to pay the repairs/maintenance each month.the kicker was the new house we bought, our quality of life went thru the roof...less commute, triple the space, new home. and an exact house 5 doors down appaised $20k more than our purchase price 6 months later.

Hi Wenwen,I am in Atlanta and I specialize in Multifamily and also Triple Net.What are you looking for??

My suggestion is check your numbers again, and triple check the rehab budget they gave you.