Investing in a commercial property for your business is a great financial decision, but you don’t want to overpay for the property. This property can become a large asset in your portfolio down the road, and real estate is one of the best investments you can make. There are important steps to take to make sure you don’t pay more than the property is worth.
You want to get the best property inspection and multiple property appraisals.…
Commercial property rentals are confusing if you do not know what to expect or know what standard rental terms are used. From single net to triple net, here’s what you need to know.
What is a NNN lease?
NNN leases are also known as ‘triple net’ leases or net-net-net leases. They are commonly used for office buildings, retail spaces, and industrial properties.
A NNN lease is a commercial lease in which the tenant is responsible for paying all of the operating expenses associated with the commercial property for rent, including taxes, insurance, and maintenance costs.…
When most people think of wealth-building strategies, they think of traditional investing methods, like stocks, bonds, and certificates of deposit. While these are all tried-and-true methods of building long-term wealth, investing in NNN commercial real estate can build wealth and a passive income stream.
What is NNN Commercial Real Estate?
NNN commercial real estate is a type of investment property that offers you the chance to earn income from renting out space to tenants with a key twist.…
