I have watched values climb just over the past 12 months and the more things spill towards N.

This involves a triple net (or NNN lease) and I am wondering who has had experience with such a thing and what types of things I should watch out for and any problems that could arise from this type of deal?

The bankers I have taught to here in Dallas told me everyone would throw an LLC together and try to get a conventional mortgage thinking they can bypass the personal guarantee, and the bankers are watching the LLC fraud very close.Joe Gore

I've been thinking a lot about this, and I think it's also important for me to subtract out everything I'll spend to sell this place (probably about 8%) in terms of calculating cash investment and returns on the next place to truly compare apples with apples.

Watching others succeed and share their successes here on BP has definitely motivated me to go out and take action!

Some pitfalls to watch out for: - underestimating operating expenses - make sure you have a good mentor or experienced investor or post on BP when you run your #s.

All I have done so far is read books and watch shows, but books and shows can only do so much for me, and a hands on experience would be the best option, but I know by just jumping in would cause a big mess.

I do this so I can compare apples to apples.

I am hoping a software is available to be able to categorize apples to apples by categorizing -for example all the "Sold" 2bedroom 1 bath homes within a the subject property's community/neighborhood.Thank you.

Auction company must of got tired of watching people bow out cause they couldn't perform.