Twollow
  • Tech
    Video Editing Services

    Video Editing Services: A Comprehensive Overview and Guide

    ATS Software

    ATS Software & How it Works

    Tips for Working with Your Web Designer

    7 Great Tips for Working with Your Web Designer

    Virtual Event Software

    Virtual Event Software: What Is It and How Does It Work?

    How Many Questions Can You Ask Chatgpt In An Hour

    How Many Questions Can You Ask Chatgpt In An Hour

    How To Block Mind-Reading Technology

    How To Block Mind-Reading Technology – A Detailed Guide

    IoT Devices

    IoT Devices: Communication Is Key, but How?

    Applying AI and ML in the Manufacturing Industry

    A Comprehensive Guide to Applying AI and ML in the Manufacturing Industry

    Breathe New Life into Your MacBook

    Breathe New Life into Your MacBook Pro With Battery Replacement

  • Apps
    Food Delivery Apps

    Why White-Label Food Delivery Apps Are Best To Start in 2023

    Why Should You Buy Views for Instagram

    Why Should You Buy Views for Instagram | Top Advantages

    News Mobile App

    Best Practices For Creating Engaging News Mobile App

    app development

    InsiderTech No:1 Web Application Development

    Efficient Hosting Solutions

    Why Businesses Should Use Highly Efficient Hosting Solutions for Their Sites

    How To Build Android Apps With Node JS Using Android JS

    How To Build Android Apps With Node JS Using Android JS

    Is Powerapps Service The Future Of App Development?

    How To Make Night In Little Alchemy

    How To Make Night In Little Alchemy?

    How To Make Light In Little Alchemy

    How To Make Light In Little Alchemy?

  • How To
    How to Uninstall Easytune

    How to Uninstall Easytune

    How To Import GTA Vice City Save To IOS

    How To Import GTA Vice City Save To IOS

    unit trusts

    How to Invest in Singapore Unit Trusts

    How To Unlock All Gun Skins in free Fire With Lulubox

    How To Unlock All Gun Skins in free Fire With Lulubox

    solar panels

    Common Solar Panel Concerns and How to Deal With Them

    imei number

    How to Check IMEI Number?

    bong

    How do you manufacture a bong?

    Central heating

    DIY Guide: How To Install A Designer Radiator

    website

    Things That Might Be Wrong With Your Website And How To Fix Them

  • Business
    • All
    • Finance
    What Is Payroll Software And What Are Its Benefits

    What Is Payroll Software And What Are Its Benefits?

    How Customer Reviews Affect Your Brand Reputation

    How Customer Reviews Affect Your Brand Reputation

    How to Qualify for an FHA Loan

    How to Qualify for an FHA Loan: Wondering If You’re Eligible for an FHA Loan?

    Ways to Level Up Your Financial Literacy

    Excellent Ways to Level Up Your Financial Literacy

    Investing In Gold

    Investing In Gold: What Lies Ahead?

    Does A Car Accident Affect Motorcycle Insurance & Vice Versa?

    Does A Car Accident Affect Motorcycle Insurance & Vice Versa?

    CRM Mistakes Businesses Make And How To Avoid Them

    5 CRM Mistakes Businesses Make And How To Avoid Them

    Business Benefits Of Learning a New Language

    The Business Benefits Of Learning a New Language

    job change

    What are the Mistakes that you should avoid when making a career change

  • Marketing
    Why is Conversion Rate Optimization Important

    Why is Conversion Rate Optimization Important?

    Positives and Negatives of Outsourcing Your Marketing

    The Positives and Negatives of Outsourcing Your Marketing

    Top 10 online marketplaces in 2023

    Top 10 online marketplaces in 2023: a guide to leading ecommerce platforms

    Tips for Creating an Effective Website

    Business Websites: 8 Tips for Creating an Effective Website

    Importance of Branding in the Health Industry

    The Importance of Branding in the Health Industry

    What is an SMM Panel

    What is an SMM Panel: A Comprehensive Guide for Beginners and the Right Time to Buy an SMM Panel

    Importance of Time to Market on Product Development

    Importance of Time to Market on Product Development

    Local SEO Tips for Struggling Businesses

    Eight Local SEO Tips for Struggling Businesses

    SMM panels to enhance your social media strategy

    Best practices for using SMM panels to enhance your social media strategy

  • General
    How to Save Money On Road Trips

    Tips for How to Save Money On Road Trips

    Best Maids Services Near Me

    Get Your Home Spotless with the Best Maids Services Near Me

    Flight Training

    Flight Training 101: Everything You Need to Know

    Punching Bag Online For Boxing

    Buying The Perfect Punching Bag Online For Boxing -Tips And Suggestions

    decorate outdoor

    5 Outdoor Decorating Trends That Are Shaping 2023

    How Long After A Vasectomy Can I Drive A Car

    How Long After A Vasectomy Can I Drive A Car

    Preparing For Your First Client Meeting

    10 Tips On Preparing For Your First Client Meeting

    Damon Salvatore Rule 34

    Damon Salvatore Rule 34: Everything You Need To Know 

    Online Radio Proxy

    Use An Online Radio Proxy To Listen Anywhere In The World

  • Reviews
    Development of Cryptocurrency

    A Crypto.com Overview

    Ophthalmology eyesight examination

    Red Light Therapy Devices for Eyes: Where to Buy

    text to speech

    Best Text to Speech Converters Reviewed

    air purifier

    Where Can You Find the Best Air Cleaner Pro Reviews?

    How to Choose a Cheap Hosting

    Liquid Web Reviews: A Look At A Reliable Hosting Company

    Ionic Training

    Get Ionic Training and Improve Your Career Options

    Learning Experience

    Salesforce DX myTrailhead to Customize the Learning Experience

    Best Web Hosting Services

    10 Best Web Hosting Services 2018

    Honey Chrome Extension Review

    Honey Chrome Extension Review – Is It Scam Or Real?

  • Featured
No Result
View All Result
  • Tech
    Video Editing Services

    Video Editing Services: A Comprehensive Overview and Guide

    ATS Software

    ATS Software & How it Works

    Tips for Working with Your Web Designer

    7 Great Tips for Working with Your Web Designer

    Virtual Event Software

    Virtual Event Software: What Is It and How Does It Work?

    How Many Questions Can You Ask Chatgpt In An Hour

    How Many Questions Can You Ask Chatgpt In An Hour

    How To Block Mind-Reading Technology

    How To Block Mind-Reading Technology – A Detailed Guide

    IoT Devices

    IoT Devices: Communication Is Key, but How?

    Applying AI and ML in the Manufacturing Industry

    A Comprehensive Guide to Applying AI and ML in the Manufacturing Industry

    Breathe New Life into Your MacBook

    Breathe New Life into Your MacBook Pro With Battery Replacement

  • Apps
    Food Delivery Apps

    Why White-Label Food Delivery Apps Are Best To Start in 2023

    Why Should You Buy Views for Instagram

    Why Should You Buy Views for Instagram | Top Advantages

    News Mobile App

    Best Practices For Creating Engaging News Mobile App

    app development

    InsiderTech No:1 Web Application Development

    Efficient Hosting Solutions

    Why Businesses Should Use Highly Efficient Hosting Solutions for Their Sites

    How To Build Android Apps With Node JS Using Android JS

    How To Build Android Apps With Node JS Using Android JS

    Is Powerapps Service The Future Of App Development?

    How To Make Night In Little Alchemy

    How To Make Night In Little Alchemy?

    How To Make Light In Little Alchemy

    How To Make Light In Little Alchemy?

  • How To
    How to Uninstall Easytune

    How to Uninstall Easytune

    How To Import GTA Vice City Save To IOS

    How To Import GTA Vice City Save To IOS

    unit trusts

    How to Invest in Singapore Unit Trusts

    How To Unlock All Gun Skins in free Fire With Lulubox

    How To Unlock All Gun Skins in free Fire With Lulubox

    solar panels

    Common Solar Panel Concerns and How to Deal With Them

    imei number

    How to Check IMEI Number?

    bong

    How do you manufacture a bong?

    Central heating

    DIY Guide: How To Install A Designer Radiator

    website

    Things That Might Be Wrong With Your Website And How To Fix Them

  • Business
    • All
    • Finance
    What Is Payroll Software And What Are Its Benefits

    What Is Payroll Software And What Are Its Benefits?

    How Customer Reviews Affect Your Brand Reputation

    How Customer Reviews Affect Your Brand Reputation

    How to Qualify for an FHA Loan

    How to Qualify for an FHA Loan: Wondering If You’re Eligible for an FHA Loan?

    Ways to Level Up Your Financial Literacy

    Excellent Ways to Level Up Your Financial Literacy

    Investing In Gold

    Investing In Gold: What Lies Ahead?

    Does A Car Accident Affect Motorcycle Insurance & Vice Versa?

    Does A Car Accident Affect Motorcycle Insurance & Vice Versa?

    CRM Mistakes Businesses Make And How To Avoid Them

    5 CRM Mistakes Businesses Make And How To Avoid Them

    Business Benefits Of Learning a New Language

    The Business Benefits Of Learning a New Language

    job change

    What are the Mistakes that you should avoid when making a career change

  • Marketing
    Why is Conversion Rate Optimization Important

    Why is Conversion Rate Optimization Important?

    Positives and Negatives of Outsourcing Your Marketing

    The Positives and Negatives of Outsourcing Your Marketing

    Top 10 online marketplaces in 2023

    Top 10 online marketplaces in 2023: a guide to leading ecommerce platforms

    Tips for Creating an Effective Website

    Business Websites: 8 Tips for Creating an Effective Website

    Importance of Branding in the Health Industry

    The Importance of Branding in the Health Industry

    What is an SMM Panel

    What is an SMM Panel: A Comprehensive Guide for Beginners and the Right Time to Buy an SMM Panel

    Importance of Time to Market on Product Development

    Importance of Time to Market on Product Development

    Local SEO Tips for Struggling Businesses

    Eight Local SEO Tips for Struggling Businesses

    SMM panels to enhance your social media strategy

    Best practices for using SMM panels to enhance your social media strategy

  • General
    How to Save Money On Road Trips

    Tips for How to Save Money On Road Trips

    Best Maids Services Near Me

    Get Your Home Spotless with the Best Maids Services Near Me

    Flight Training

    Flight Training 101: Everything You Need to Know

    Punching Bag Online For Boxing

    Buying The Perfect Punching Bag Online For Boxing -Tips And Suggestions

    decorate outdoor

    5 Outdoor Decorating Trends That Are Shaping 2023

    How Long After A Vasectomy Can I Drive A Car

    How Long After A Vasectomy Can I Drive A Car

    Preparing For Your First Client Meeting

    10 Tips On Preparing For Your First Client Meeting

    Damon Salvatore Rule 34

    Damon Salvatore Rule 34: Everything You Need To Know 

    Online Radio Proxy

    Use An Online Radio Proxy To Listen Anywhere In The World

  • Reviews
    Development of Cryptocurrency

    A Crypto.com Overview

    Ophthalmology eyesight examination

    Red Light Therapy Devices for Eyes: Where to Buy

    text to speech

    Best Text to Speech Converters Reviewed

    air purifier

    Where Can You Find the Best Air Cleaner Pro Reviews?

    How to Choose a Cheap Hosting

    Liquid Web Reviews: A Look At A Reliable Hosting Company

    Ionic Training

    Get Ionic Training and Improve Your Career Options

    Learning Experience

    Salesforce DX myTrailhead to Customize the Learning Experience

    Best Web Hosting Services

    10 Best Web Hosting Services 2018

    Honey Chrome Extension Review

    Honey Chrome Extension Review – Is It Scam Or Real?

  • Featured
No Result
View All Result
Twollow
No Result
View All Result

NNN Properties: Everything You Must Know Before Investing

by Haris V.
June 29, 2021 - Updated on November 21, 2022
0
NNN Properties
Share on FacebookShare on Twitter

Investing in NNN properties (or triple net leases) is very lucrative. However, it’s quite different from most other forms of real estate Investments.

Investopedia defines a triple net (NNN) lease as a lease agreement on a property where the tenant or lessee agrees to pay all the property’s expenses, including real estate taxes, building insurance, and maintenance. 

Macrotrends ranked NNN at about 180 million dollars in revenue in the United States. Interestingly, this result shows only data from the last quarter alone. 

Therefore, it’s clear that the NNN property market will expand further as many investors will soon start exploring it to gain profits. However, before one delves into the world of NNN properties, there are certain things you should have in mind.  

Features of an NNN Property Lease

Contents

We earlier saw that in triple net properties, the tenants handle the three net expenditures. So, what exactly are these costs? 

Below are the features of an NNN property lease:

  • Insurance Premiums: The insurance premiums refer to the amount of money the tenant pays to an insurance company for protection against risks. It’s paid regularly depending on the agreement – e.g., monthly, quarterly, or annually.
  • Property taxes: The tenant also covers the taxes paid to the government on the property. This payment is made every year.
  • Building maintenance: Building maintenance involves the day-to-day expenses that keep the structure in good shape. It requires cleaning, plumbing, etc. Roof maintenance alongside some special structural expenses is taken care of by the landlord.

Benefits of The Triple Net Lease System

The triple net property lease system comes with many benefits. They include:

  • Dependable Stream of Income

The income obtained from Triple Net Lease properties is very organized, stable, and dependable. The reason is that tenants are required to pay rent at the end of each month, meaning that as a landlord/investor, you know exactly when you’ll receive the check. 

  • Long-lasting Tenancy

Most NNN property tenants sign in for leases ranging between 7 to 10 years or even more. So as long as that period hasn’t expired, you can accurately calculate the income you’ll get from your property. This advantage is beneficial as it enables you to make more investments during these periods without fear of your income flow ceasing. 

  • Investments Are of a Low-risk Nature

When it comes to triple-net leases, tenants who rent properties are usually financially stable. In most cases, they have credible credit accounts and have little chance of disappointment when making payments. 

Asides from that, there’s also the fact that as the landlord, the only expenses you’ll cover are major structural maintenance expenses such as roof repair and building reinforcement. The tenant handles day-to-day expenses on the building’s maintenance, taxes, and other utilities.

  • Ideal Locations

Since your profits majorly depend on whether or not your client/tenant makes enough money, your property will most likely be in an ideal location. Most times, you’ll end up in big cities where there’s a large population density. Life in these cities comes with its advantages. For example, you should consider going for NNN leases for sale in California as many people reside there, providing you with more opportunities. 

  • Ease of Equity Build-up

Despite the slight expenses you’ll incur – compared to the profits you’ll make –  while being a landlord; you’ll get the extra resources needed to build up your equity. These additional resources make the lease of NNN properties very valuable as you’ll have to worry about fewer financial responsibilities than when you are the one covering all the costs.

Cons Of NNN Property Lease

NNN investment comes with many benefits. Nevertheless, it also has some perks. Among these demerits are: 

  • The Property Can Be Without Use for a Long Time

Sometimes, when a building is designed for a particular purpose, it becomes tough for you to release it when the initial tenant leaves. 

For example, if the original tenant rented the building as a hospital, it won’t be easy to get customers from the health industry. And the longer the building stays vacant, the less attractive it becomes due to wear and tear, hence, bringing up another maintenance issue. 

You’ll need to maintain the building in such a case regularly. Perhaps you don’t want to waste time leaving the structure vacant. You can also spend some money on making the building suit a potential customer’s requirement. Of course, it’ll cost you something. But on the bright side, these occasions aren’t too common.

  • Definite Investment Returns

This point sounds good, but in reality, it means that it’s impossible to add any value to the rent the tenant pays in the initial period. As a result, the investment returns will be the same as when the first tenant used the structure. 

Even if the tenant opts for renewal, the value is most likely to decrease as the tenant will begin to ask for a decrease in base rent, especially when it’s above the market rent price. Luckily, you can make some minor, aesthetic enhancements to the structure during the period you’ll be awaiting a new tenant, thereby increasing the rent value.

How to Make Profitable Investments in NNN Properties

To invest in NNN properties, you’ll have to take specific steps.

  • Firstly you have to decide on the investment returns you want to receive. Do this by researching the types of NNN properties that most people prefer to rent. A good example is “NNN Jack in the Box.”
  • Next, find a good triple-net real estate advisor that will give you quality advice on the steps you should take to obtain the maximum yield. 
  • Also, consider setting out to buy more than one NNN property. For example, having an NNN 7-Eleven alongside other properties isn’t a bad idea. 
  • Finally, map out the terms of your agreement with your tenants, and you’re good to go. 

Conclusion

NNN properties are of great benefit when acquired. After purchasing and leasing, you’ll get a load of profit and benefits. These benefits include ease of equity build-up, long-lasting tenancy, a dependable stream of income, and low-risk investments. 

With this newfound knowledge, you might as well be on your way to becoming a successful investor in the triple-net property lease industry. 

Buy NNN Properties will help you on this quest by putting you on the right track. They offer some of the best deals in the business and have agents to help make the entire process less cumbersome. 

Haris V.

Haris V.

Haris is the Senior Tech Editor for Twollow and a noted duck fat enthusiast. He lives in Portland, Oregon with a slightly hostile cat.

Related Posts

What Is Payroll Software And What Are Its Benefits
Finance

What Is Payroll Software And What Are Its Benefits?

Streamlining payroll management is crucial for businesses of all sizes, considering the increasing intricacy of payroll processes and regulations. However,...

by Tom Fogden
May 30, 2023
How to Qualify for an FHA Loan
Finance

How to Qualify for an FHA Loan: Wondering If You’re Eligible for an FHA Loan?

Texas is the second-largest state in the United States, with a diverse population of over 29 million. The state is...

by John Morris
May 18, 2023
Ways to Level Up Your Financial Literacy
Finance

Excellent Ways to Level Up Your Financial Literacy

In today's world, having a good understanding of your finances is crucial. Financial literacy is essential to manage your money,...

by John Morris
May 17, 2023
Investing In Gold
Finance

Investing In Gold: What Lies Ahead?

As the world continues to grapple with a pandemic that has rocked economies and upended social norms, investors are turning...

by John Morris
May 16, 2023

Recommended

How to Save Money On Road Trips

Tips for How to Save Money On Road Trips

June 2, 2023
Why is Conversion Rate Optimization Important

Why is Conversion Rate Optimization Important?

May 31, 2023
Video Editing Services

Video Editing Services: A Comprehensive Overview and Guide

May 31, 2023

Who We Are

Twollow is one of the leading tech and business blogs, that is dedicated towards updated Technology & Business news, reviews, Apps, how-to, smart tricks, and tweaks.

Follow Us

  • Facebook

Categories

  • Apps
  • Business
  • Education
  • Featured
  • Finance
  • General
  • How To
  • Marketing
  • Reviews
  • Security
  • Tech
  • Uncategorized

Top Posts & Pages

  • 100+ Free Premium Minecraft Accounts & Passwords (Tested 2023)
    100+ Free Premium Minecraft Accounts & Passwords (Tested 2023)
  • How to Get Free Virtual Phone Number for WhatsApp Installation
    How to Get Free Virtual Phone Number for WhatsApp Installation
  • How Much Weight is Allowed in a 20 ft and 40 ft Container?
    How Much Weight is Allowed in a 20 ft and 40 ft Container?
  • Hemp vs. Cannabis - what’s the difference?
    Hemp vs. Cannabis - what’s the difference?
How to Save Money On Road Trips

Tips for How to Save Money On Road Trips

June 2, 2023
Why is Conversion Rate Optimization Important

Why is Conversion Rate Optimization Important?

May 31, 2023
Video Editing Services

Video Editing Services: A Comprehensive Overview and Guide

May 31, 2023
  • About Us
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • Disclaimer
  • Cookie Privacy Policy

No Result
View All Result
  • Home
  • Security