Triple Net Properties Aren't the Best Place for You to Get Started

When you buy a triple net property and this is the lesson I had to learn the hard way You often don't realize how much money you have to spend every time a tenant leaves Okay on the property that I own it's not uncommon for the tenant to request 80 to 120 thousand dollars And improvements to that actual unit before they move in. The other problem with triple net properties is that the only time you can get out of that two to three percent increase in lease Ups is when the tenant leaves. So in general I wouldn't be looking at a property like this unless it was an incredible deal Where you're getting it far below market value and the cash flows were way stronger than they're at

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