When a business moves into a commercial property, the landlord has the option to negotiate several different kinds of leases with them. One in particular, the triple net lease, is a commonly used type. However, if you aren’t a real estate professional, it might be difficult to determine if this lease is truly the best option for your situation. Therefore, before you sign anything, make sure to check out what it does (and doesn’t) encompass.
If you have the means to do so, owning real estate properties is a reliable source of income. However, if you’re unfamiliar with the industry, you may not know if you’re equipped with the tools to handle such a responsibility. Luckily, we’ve compiled a list of factors that can help you decide whether or not real estate investing is right for you at this time.