Our buyer clients will enjoy a contractual 5.5% return on their investment for the next 15 years, with no concern about property taxes, property related expenses, or maintenance.
AND we assisted with Due Diligence costs to assure our Buyer Clients’ security and satisfaction with the purchase.
Talk to us about how you can enjoy the same income and security.
In United States real estate business, “net lease” is a term used for an arrangement in which the tenant or lessee is responsible for paying, in addition to base rent, some or all of the expenses related to real-estate ownership. These expenses, often called the “three nets”, are property taxes, insurance, and maintenance.  Because the rent collected under a net lease is net of expenses, it tends to be lower than rent charged under a gross lease. Net lease types include single net, double net, and triple net leases, with the term “net lease” often being used as a shorthand expression for any of these arrangements. A triple net lease (i.e., one that is net of all three of the major expense categories) is often abbreviated as “NNN lease”, but is still pronounced as “triple net lease”.
Purchasing a new home can be exciting…when you move in!
But before move-in day comes, logistics take the front seat. In order to even begin to look for your dream home, you need to know how much you can afford to pay. To begin this pre-approval process, you need to investigate different mortgage lending sources to see which one offers you the best deal. Here are four easy steps to take when searching for your mortgage.
If you’ve decided it’s time to move up to a bigger home or a home in a more coveted area, your next challenge will be getting there financially. It’s likely you’ll need more cash, a larger income and, perhaps, better credit than you had when you purchased your current home. Putting all the pieces in place for the move up could take some time and detailed planning.
These condo units do not qualify for financing as individual units because of the overall owner occupancy factor within the complex. But by offering at least 3 of them for sale as a group, I can get them financed as income property.
So, while I don’t like to use the term “triplex” because it is misleading, as an investment that is what I am offering.