Investing in My 3rd Triple-Net Leaseback Rental Property
Investing in triple-net leaseback rental properties is a very niche area of real estate investing. I’ve done it 3 times in my real estate investing career, and each experience has been different than the other. The 1st one was immensely profitable, the 2nd went terribly bad, and the 3rd you’ll soon find out!
Investing in My 2nd Triple-Net Leaseback Rental Property
For those of you who read about my 1st investment in a triple-net leaseback rental property, I talked about how amazing my returns were. In just 2 years, my total return on investment was a whopping 58%! But as the saying goes, past results don’t predict future results, as you will soon find out about my 2nd triple-net leaseback rental property. And, unfortunately for me, my returns turned out to be quite abysmal.
Investing In My 1st Triple-Net Leaseback Rental Property
Most investors have never heard of the terms “triple-net” or “leaseback.” For me, my 1st time investing in this niche area of real estate yielded a 58% return on investment (ROI) in just 2 years! So what are they, and why did I invest in such a deal?