Mike Taravella discusses the importance of understanding your rent roll as a buyer and an owner.
Key Information:
What is a Triple Net Lease (NNN) and what does it include?
Industrial NNN Leases
Multi-tenant NNN
Get quarterly reports and verify the “rosiness” of the picture. Always audit the financials and be aggressive with it!
Renewal Risk
Debt on NNN
Schools, traffic count, etc. doesn’t matter! And the dirtier the better!
Find an investment group that does your new asset class already. Most people are willing to help each other!
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