In this video Joel, Principal Broker explains what it means to own a triple-net investment. He discusses the responsibilities and benefits of owning a triple-net investment.
He states that owning a triple-net investment means that you own that asset 100% and you’re in control of both the timing of the exit and resale of this investment as well
What are the responsibilities required when owning a triple-net investment?
Joel states owning a triple-net investment means that you own that asset 100% and you’re in
control of both the timing of the exit and resale of this investment as well.
A few things that you, as an investor, will be responsible for includes:
- The mortgage – after the down payment and rental income has been paid
- All the due diligence when you’re ready to purchase the property
What are the benefits of owning a triple-net investment?
The benefits of investing in a triple-net property can include:
- Keeping the tax depreciation on the property
- Potential Equity upside on the property
- Mortgage pay down on the property
- More passive type asset class compared to alternative investments
- The potential mortgage interest deduction
- Tenant mainly pays for the upkeep of the property