Читать книгу Commercial Real Estate Investing For Dummies - Peter Harris - Страница 32

After you get the itch to invest in commercial real estate, you’ll never walk into an office building again without thinking, “somebody owns this building. Why couldn’t it be me?”

As our populations expand, more and more office buildings are being constructed. Offices are great for investing because they have what we call triple net leases. This type of lease is one in which the tenants in the property pay you the rent plus they pay for the following:

 All maintenance and repairs

 The insurance on the property

 The real estate taxes

Bingo! It’s called passive income for a reason. After you get your office building rented out, you can sit back and watch the cash flow come rolling in. Heck, you can even hire a property management company to lease it out for you. Then your only obligation is to sit on the beach.

Triple net leases are so called because the tenants in your office building pay for all three categories of expenses. Tenants pay all three of these costs so that the rent you get is a net amount from which you don’t have to pay expenses. So, after the tenants pay for all the expenses and you pay the mortgage, the rest goes into your pocket. It’s quite typical for a triple net lease to be 5 to 20 years in duration with rent increases every couple of years. But that can be a disadvantage as well, and here’s why: Let’s say that the lease is for ten years. If your neighborhood experiences explosive growth over the next three to five years, you won’t be able to charge higher rents or capitalize on what’s happening because you’re locked into a ten-year lease agreement. But overall, triple net lease investments are very much sought after.