You know the one I'm talking about. That, 'Ah-Huh!' "Look" that signals they are trying to convey to me they completely understand what I am saying! (They usually don't.)
Okay, Let's try this.
No? Don't know what that means?
How about me saying: These types of real estate investments are the most popular type of real estate ownership for investors.
You want to say, 'That's nice!' Right?
Well, just let me state that:
Even experienced real estate investors looking for a better than average Wall Street type of investment product, will acquire these types of properties simply because of their better than normal Return On Investment (ROI). Unfortunately, most normal people do NOT understand this because these properties are the last thing you would think about when you think about real estate.
Well, let me explain -- No, why don't I summarize. (If you still have questions, you can contact me directly.)
Anyway, when you are an owner of a "Net Leased Property" that (usually) has a National Credit Tenant under a "Triple Net Lease," you simple collect rent. Your monthly or quarterly responsibility is solely restricted to depositing the Tenant's rent check. (Well, with direct deposit, it is checking to see if it the rent was deposited.)
Another advantage is that even without a mortgage loan secured by a Note and Trust Deed, you still gain the equity of the property for the time you own the property. And, the Tenant in a "Net Leased" Property is (usually) responsible to pay ALL of the expenses associated with the property. That means, your property's Real Estate Taxes, Insurance and Common Area Maintenance (CAM) are paid by the Tenant. AND, you will receive (in most NNN Leases) an annual increase in the Tenant's Monthly Rent. So, as you can see, the longer the tenant stays either through their initial lease or through their options or extensions, their annual rent usually goes up and they will cover your property ownership cost as well.
Too much information?
I tell you what, if interested in learning this, give me a call. We can discuss this further.
I know that once you have seen the benefit of a regular Triple Net Investment's monthly income, you will NOT want to go back to real estate business as usual.