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A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
For instance, if your home’s assessed value is $400,000 and your local tax rate is 2 percent, you’d owe $8,000 per year in property taxes. Assessed home value x mills / 1,000 = property tax
The length of the lease is also a determinant of value (e.g., 20 years of guaranteed income will be worth more 10 or 15 year terms). Generous rental increases, also known as rent bumps, add value to the lease and protect the landlord against inflation. Some leases also have a percentage rent kick in if the tenant's gross sales hits a certain CAP.
Some 27% of renters pay more than half their income for housing. As of 2023, 54% of homeowners had incomes that were higher than their expenses. Just 39% of renters had positive cash flow.
Main Street Lansing executive director: I am not opposed to short-term rentals. However, Lansing needs to balance the needs of residents, too. Opinion: Let Iowa cities manage short-term-rental housing
Craigslist's main source of revenue is paid job ads in select American cities. The company does not formally disclose financial or ownership information. Analysts and commentators have reported varying figures for its annual revenue, ranging from $10 million in 2004, $20 million in 2005, and $25 million in 2006 to possibly $150 million in 2007.
Owning an Airbnb or other rental property can be a good investment, especially if the property is located in a prime location. According to one report, the average Airbnb host earned more than ...
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related to: maximize your rental for taxes paid by owner in iowa craigslistBest & most affordable software options available - TheSimpleDollar