3-10-17

8A — March 10 - 23, 2017 — Financial Digest — 1031 Exchange — M id A tlantic

Real Estate Journal

www.marejournal.com

1031 E xchange By Alan Fruitman, www.1031tax.com The NNN Triple Net Property Book

T here is a reason both vanilla&chocolate ice cream are top sellers.

know it will taste good, even predictable. When you own a NNN property, your monthly

of multi-tenant property in- clude apartment buildings, shopping centers and office

vanilla, others prefer choco- late. It’s nice to have options. Here’s why many inves- tors enjoy owning single- tenant NNN property. NNN describes a lease in which the tenant maintains and pays for all property mainte- nance, taxes and insurance. Tenants include Walgreens, CVS Pharmacy, Chase Bank, Wells Fargo, Panera, Mc- Donald’s, Dollar General, Home Depot, Wal-Mart, Au- toZone and almost every oth- er national retailer you see while driving through prime retail corridors throughout the country. Landlords are mostly individual real es- tate investors, just like you. Here’s the best part – These Fortune 500 tenants sign long-term leases that range from 10 to 25 years. The price to purchase a NNN property begins at approxi- mately $1,000,000. To make a long story short, owning a NNN property gives you the freedom to work on your day job, travel or do things other than worry about your real estate investment. The reason you are reading this article is because you want to learn more about NNN property. There are random articles and pieces of information scattered throughout various news- papers and websites. I wrote The NNN Triple Net Prop- erty Book to provide concise and quality information to real estate investors like you. Chapters in The NNN Triple Net Property Book range from Passive vs. Ac- tive Income, Location Mat- ters, Two Happiest Days of Owning a NNN Property, Build a Diversified Portfo- lio, High Leverage = Risk, Which States Should You Target or Avoid, Is an Envi- ronmental Problem a Deal Breaker, The Process & the Property, Franchise vs. Corporate Lease, Pros and Cons of a Ground Leased Property, What Is a Let- ter of Intent, Four Reasons Why Investors Utilize 1031 Exchange, and References Matter. Visit 1031tax.com or call Alan Fruitman at 1-800-454- 0015 to receive a list of avail- able NNN properties and a complimentary copy of The NNN Triple Net Property Book. n

Even though people con- sider vanilla to be plain and perhaps boring, they still enjoy it. A s s um i n g this analogy is true, com-

The NNN Triple Net Property Book was written for buyers of NNN property.

income stream will be quite good; it will also be 100% predictable. To complete the analogy, let’s associate chocolate ice cream with a multi-tenant property with short-term leases. Examples

buildings. Income from a multi-tenant property will vary each year and it will take a significant amount of your time to manage and maintain the property. Again, some people prefer

Alan Fruitman

paring a single-tenant NNN property to vanilla ice cream would be reasonable. For example, when you take a bite of vanilla ice cream, you

NNN Properties Nationwide

ALAN FRUITMAN www.1031tax.com 800-454-0015

Made with FlippingBook - Online catalogs