8A — March 15 - 28, 2019 — 1031 Exchange — M id A tlantic 14A — March 13 - 26, 2015 — M id A tlAntic Real Estate Journal
Real Estate Journal
www.marejournal.com www.marejournal.com
1031 E xchange
E
By Alan Fruitman, 1031tax.com The NNN Triple Net Property Book By Alan Fruitman, 1031tax.com e ri le et r perty Book
Y ou will experience tre- mendous enjoyment owning NNN proper- Y ou will experience tre- mendous njoyment owning NNN property
own a NNN property, your monthly 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 prop- erty with short-term leases. Examples of multi-tenant property include apartment buildings, shopping centers, or office buildings. Income from a multi-tenant prop- erty will vary each year and it will take a signifi- cant amount of your time to manage and maintain the property. Again, some people cream would be reasonable. For example, when you take a bite of vanilla ic cream, you know it will taste good, even predictable. When you own a NNN property, your monthly inc me stream will be quite good; it will also be 100% predictable. To com- plete the analogy, let’s associ- ate chocolate ice cre m with a multi-tenant property with short-term leases. Examples of ulti-tenant property in- clude apartment buildings, shopping centers, or office buildings. Income from a ulti-tenant property will
prefer vanilla, others prefer chocolate. It’s nice to have options. Here’s why many investors enjoy owning single-tenant NNN property. NNN is a type of lease in which the tenant maintains and pays for all property maintenance, taxes and insurance. Ten- ants include Walgreens, CVS Pharmacy, Chase Bank, Wells Fargo, Chipotle, Pane- ra, McDonald’s, Dollar Gen- eral, Home Depot, Wal-Mart, AutoZone and almost every other national retailer you see while driving through the most prime retail corridor near your home. 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 prop- erty begins at approximately $1,000,000. To make a long story really 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 piec- es of information scattered throughout various news- papers and websites. The reason I wrote The NNN Triple Net Property Book is to provide concise and qual- ity 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. Cor- porate Lease, Pros and Cons of a Ground Leased Property, What Is a Letter of Intent, Four Reasons Why Investors Utilize 1031 Exchange, and References Matter. Visit the 1031tax.com web- site or call Alan Fruitman at 1-800-454-0015 to receive a list of available NNN prop- erty and a complimentary copy of The NNN Triple Net Property Book. n vary each year and it will take a significant mount of you time to manage and maintain the property. Again, some people prefer v illa, othe prefer chocolate. It’s nice to have o ti ns. Here’s why many investors enjoy owni g single-ten nt NNN property. NNN is a type of lease in which the tena t maintains and pays for all property maintenance, taxes and insurance. Tenants in- clude Walgreens, CVS Phar- macy, Chase Bank, Wells Fargo, Chipotle, Panera, McDonald’s, Dollar General, Home Depot, Wal-Mart, Au- toZone and almost every other national retailer you see while driving through the most prime retail corridor near your home. Landlords are mostly individual real estate 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 prop- erty begins at approximately $1,000,000. To make a long story really 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 ran- dom articles and pieces of in- formation scattered through- out various newspapers and websites. The reason I wrote The NNN Triple Net Property Book is to provide concise and quality information to real estate investors like you. Chapters in The NNN Tri- ple Net Property Book range from Passive vs. Active In- come, Location Matters, Two Happiest Days of Owning a NNN Property, Build a Di- versified Portfolio, High Le- verage = Risk, Which States Should You Target or Avoid, Is an Environmental 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. Alan Fruitman is presi- dent & managing broker of Real Estate Foundation, Inc.
(having year-to-year leases and fixing roofs, plumbing and toilets), reading The to-year leases and fixing roofs, plumbing and toilets), rea ing The NNN Triple Net
be plain and perhaps bor- ing, they still enjoy it. As- suming this analogy is true, are top sellers. Even though p o le consider vanilla to be plain and perhaps bor-
ty and ben- efit greatly by reading T h e NNN Tr iple Net P r o p e r t y Book if your goal is to re- ceive passive income (no and benefit great l y by reading The NNN Triple Net Property Book if your g o a l i s t o receive pas- sive income (no property
“The reason I wrote The NNN Triple Net Property Book is to provide concise and quality information to real estate investors like you” “The reason I wrote The NN Triple Net Property Book is to provide concise and quality information to real estate investors like you”
NNN Triple Net Property Book would be a waste of your time. There is a reason both va- nilla & chocolate ice cream are top sellers. Even though people consider vanilla to Property Book would be a waste of your time. There is a reason both va- nilla & chocolate ice cream
comparing a single-tenant NNN property to vanilla ice cream would be reasonable. For example, when you take a bite of vanilla ice cream, you know it will taste good, even predictable. When you ing, they still enjoy it. As- suming this analogy is true, comparing a single-tenant NNN property to vanilla ice
property management or vacancy) from your real es- tate investments. However, if managing your apartment building is still enjoyable management or vacancy) from your real estate invest- ments. However, if managing your apart ent building is still enjoyable (having year- Alan Fruitman Alan Fruitman
Made with FlippingBook - Online Brochure Maker