NNN Properties: Safe Investments or Real Estate Time Bombs? By – Adam J. Bryan

Investment real estate owners often hear about “NNN”, or “triple net” properties.  Real estate brokers or other advisors may recommend NNN properties as an alternative to apartments for 1031 exchanges or direct investments which include: Hands-free management Name brand tenants. Long-term leases Pinch me, I must be dreaming! But what are NNNs, exactly? What follows…

DID YOU KNOW by Dennis Block

Early Lease Termination If a tenant vacates during the lease term, this person is responsible for the remaining portion of the lease. A landlord must attempt to mitigate damages by attempting to lease the premises to another person. Once the premises have been leased, the original tenant’s obligation is cut off. There is an exception.…

New Prop 65 Regulations! by Cristine Tablante

In 1986, California voters passed a new law by a direct ballot initiative to address growing concerns about exposure to toxic chemicals: Proposition 65 – The Safe Drinking Water and Toxic Enforcement Act of 1986, best known as “Prop 65”.   The first statutory requirement of this law protects drinking water sources from substances that…