Managing your property is not a life sentence. You are able to sell your apartment building or other management intensive property and 1031 exchange into NNN property. You can sell one property and diversify your asset into several NNN properties. You can sell several properties and consolidate into one triple net property.
It is better to buy a property with an average tenant in a great location than a property with a great tenant in an average location. Your tenant and the lease terms are very important. Location is more important. Owning a property in a great location will solve almost any problem that arises.
Some investors only buy ground leases. Other investors would never buy a ground lease. You own the land and your tenant owns, built and paid for the building on your land. When your tenant eventually vacates, you usually receive the residual building for free. Call 1.800.841.5033 to learn more about the pros and cons of owning ground leases.
At the heart of our agency lies a set of core values that shape our approach, define our character, and guide our interactions.
