Creditworthiness of Tenants and Why It Matters in NNN Leases

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Two factors contribute the most to the success of a triple net (NNN) lease: the property and the tenant. For the latter, you must choose a tenant that can handle the financial responsibility of paying for property taxes, insurance premiums, and maintenance costs. A creditworthy tenant is naturally the ideal occupant, helping reduce the risk of default and ensuring the long-term stability of the lease. In this article, Realized 1031 shares the specifics of why creditworthiness is a critical consideration in an NNN investment. Let’s take a closer look!

How Much Does It Cost To Convert A Tenant In Common (TIC) Property Into A Condo?

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Co-owners of a property who hold the Tenants In Common (TIC) status might consider condo conversion if they need flexible ownership or better asset marketability. The TIC-to-condo conversion gives each co-owner sole ownership, financing, and occupancy rights to their unit while creating a clean ownership structure that may boost property value.

Can A Tenant In Common (TIC) Sue For Privacy In A Common Space?

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Joint ownership of real property through a Tenants in Common (TIC) arrangement has become increasingly popular among investors looking to co-own real estate. TIC offers flexibility for family members inheriting property, business partners co-investing, and unrelated investors pooling resources. However, it can also raise legal and privacy concerns.

How a 1031 Exchange Works With Tenancy-in-Common Ownership

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If you’re seeking to grow your investment portfolio while deferring capital gains tax, a 1031 Exchange is a widely used strategy that allows for the reinvestment of proceeds from the sale of investment real estate into like-kind property, provided IRS requirements are met.

Refinancing a Tenancy-in-Common (TIC) Property

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Refinancing can be a necessary strategy for investment property owners entering into a Tenancy-in-Common (TIC) agreement. However, due to the setup of a TIC, refinancing can be highly complex and require multiple steps. Understanding what’s involved in the process can help determine if refinancing the property is feasible.

Recording Tenancy-In-Common (TIC) Agreements

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When structured correctly, tenancy-in-common agreements (or TICs) can offer a path to flexible real estate ownership. Understanding how TIC agreements operate also requires knowing what needs to be in writing. And one of the questions about “in writing” requirements rests on whether TIC agreements need to be recorded.

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Hypothetical example(s) are for illustrative purposes only and are not intended to represent the past or future performance of any specific investment.

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Tenants In Common