Triple net leases allow investors to be very close to passive. The three nets; taxes, maintenance, and insurance, are all paid by the tenants. You can imagine the headaches that could save the building owner! While this strategy does offer less risk, it also comes with a little less return on your money. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!
Best Ever Tweet:
“The three nets are: taxes, maintenance, and insurance, those 3 attributes are the tenants responsibility” - Dave Sobelman
Dave Sobelman Background:
- Founder & CEO of Generation Income Properties (a public net lease REIT)
- Founder of net lease brokerage firm 3 Properties.
- Managed more than 1,000 single-tenant net lease transactions and has been involved in about $10 billion in transactions
- Began his tenure in commercial real estate as a Research Analyst and Associate for Grubb & Ellis Company
- Was responsible for maintaining market data for over 134 million square feet of area properties and accurately forecasting regional trends for client assessments
- Based in Tampa, Florida
- Say hi to him at www.gipreit.com
- Best Ever Book: Shoe Dog
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