What it means to own a triple net investment?
- Jonny Cunningham
- Jan 17, 2024
- 1 min read
Updated: 2 days ago
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
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