Are You Planning to invest in NNN properties?

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  • Published date: January 9, 2020 03:49
  • Modified date: January 9, 2020
    • Minneapolis, Minnesota, United States

A NNN or triple net lease is an arrangement under which the tenant of the to pay all operating expenses related to the property they've rented. The operating costs a tenant pays under a NNN lease include property taxes, insurance fees, and maintenance expense (if any). This is the most significant difference between a NNN lease and a gross lease. Under a gross lease, the tenant pays a flat rent, which is then used by the investor to pay the operating expenses. On the other hand, a NNN lease shifts this burden of property management from the investors by asking the tenant to pay these expenses.

                                                       
Benefits of NNN properties for Real Estate Investors

Having all expenses paid for by the tenant reduces the investors overall exposure to potential loss. Properties on a NNN lease usually provide regular and predictable returns over time, so you get the reward without much risk.
In a NNN lease, the management responsibility falls on the tenant. The landlord is not accountable for any operating obligations. This makes ownership relatively hands-off and straightforward.

I have list verified NNN properties list  in your nearby location. You can visit  at  1031property.com or  call us  888-395-0046 /888-993-2835/888-876-6005

If you need  further assistance  kindly refer  to  https://www.1031property.com/nnn-properties/

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