November 11, 2024
Real Estate
Looking for ways to expand your investment portfolio quickly while remaining low maintenance? Well look no further: Triple Net Leases (NNNs) may just be what's necessary! Let's examine why this type of lease can be such a wise move.
As with traditional commercial leases, NNN (Net Net Net Lease) leases require tenants to cover expenses such as taxes, insurance and maintenance for themselves; with this approach tenants pay rent plus three net costs: property taxes, building insurance and maintenance costs. As a landlord this approach enables you to collect rent while simultaneously minimizing financial obligations.
Most NNN leases last 10-25 years and provide you with a steady source of revenue. Tenants tend to be established businesses such as retail chains or medical practices so there's less chance for default.
With tenants covering most expenses, the duties of being a landlord become minimal. There won't be any unexpected repair bills or property management headaches--just passive income!
NNN leases often attract creditworthy tenants who sign long-term contracts, reducing vacancies risk and guaranteeing reliable cash flow.
Over time, your property's value may rise, offering an opportunity to sell at a higher price later on.
Are You Seeking Low Maintenance, Long Term Investment Opportunities with NNN Leases? Reach Out, I Can Help Find Opportunities that Suit You!
Diana Renee
I am so fortunate to have grown up in one of the most wonderful places in the world, California. With friendly people, incredible weather, great entertainment, beaches, mountains and the desert all within driving distance, SoCal has it all. I was born and raised in Long Beach, and have lived in Corona since 1996. I truly love this city and I'm proud to assist my clients in navigating the process of buying and selling real estate.
Stay up to date on the latest real estate trends.
All about Corona, California
March 31, 2025
Discover the Best Locations to Fuel Your Creativity and Productivity in the Corona Area.
All about Corona, California
March 27, 2025
How to Make Your Eastvale Home More Sustainable and Eco-Conscious.
Home Seller
March 24, 2025
Home Seller
March 21, 2025
All about Corona, California
March 18, 2025
Lifestyle
March 5, 2025
All about Corona, California
March 4, 2025
All about Corona, California
February 28, 2025
All about Corona, California
February 26, 2025
I WANT TO HEAR FROM YOU