Is This Your Situation: How Much Money Should I Put Down on a Home?

If you’re shopping for a mortgage right now, chances are you’ve heard a lot of opinions about how much you should spend on a down payment. Many people think that the more you can spend on a down payment the better, but there are some factors at play that may dissuade you from making a large down payment. Keep reading to find out what it really means to make a small or large down payment on a home.

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triple net properties watsonville john skinner

Triple Net Property Pick of the Month | Dutch Bros. Coffee

For our July Property of the Month, I have selected Dutch Brothers Coffee in Redmond Oregon, because it represents the ideal situation for those investors who are looking to make a start in this field of passive real estate investments.
  • It is: Priced at just under $1.5 million
  • It is: new construction (2017)
  • The lease is for 15 years with 4 – 5 year options to renew
  • It is an absolute triple net ground lease, which means the landlord has no responsibilities at all.
  • It offers a 5.3% return on your initial investment.
  • Income increases 3% per year to cover inflation.
  • Dutch Brothers is the largest privately held drive thru coffee company in the United States
  • The area has seen a ten-fold increase in population in the past 7 years.
There are no guarantees in life, but in the field of triple net investing, this property offers as much assurance of safety as I have seen.

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Informational Seminar 4/20 on Triple Net Properties and 301 Exchanges

We are hosting our next informational seminar Friday, April 20, in Capitola.

Please contact us to reserve your seat.
There are some exciting local properties that have just been listed. Call for specific information
JOHN SKINNER (831) 359-8624
JKS@CRUZIO.COM

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What is a Triple Net (NNN) Lease Property?

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. [1] 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”.

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