- Joined
- Sep 16, 2008
- Messages
- 32
Hello all,
On a triple net lease, what would remain for the owner for expenses? I`m assuming triple net means rent/taxes/insurance/maint/repairs are paid by the tenant. Wouldn`t the owner still need funding for accounting? Legal? Book keeping? Any idea what a yearly expense would be for all "other" expenses on a property that has a $5000/mon lease income? Any comments would be appreciated.
Thanks,
On a triple net lease, what would remain for the owner for expenses? I`m assuming triple net means rent/taxes/insurance/maint/repairs are paid by the tenant. Wouldn`t the owner still need funding for accounting? Legal? Book keeping? Any idea what a yearly expense would be for all "other" expenses on a property that has a $5000/mon lease income? Any comments would be appreciated.
Thanks,