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https://en.m.wikipedia.org/wiki/NNN_lease https://en.m.wikipedia.org/wiki/NNN_lease
by ajzinsbwbs 6y ago
https://en.m.wikipedia.org/wiki/NNN_lease https://en.m.wikipedia.org/wiki/NNN_lease
- jeffbee 6y agoHow do people not know this? Commercial landlords seriously have no risk. Taxes and insurance are passed straight through to tenants and the bank is carrying the capital risk.
- jedberg 6y agoTheir risk is when they can't find a tenant or a tenant quits mid-lease. Then they owe the bank from their pocket. Commercial real estate is much more susceptible to the economy. Bad economy or good, people need a place to live. But in a bad economy, businesses just close up, declare bankruptcy, and leave.
- analyte123 6y agoWhen "they" owe the bank in a bad economy, "they" is a disposable corporate entity, not a normal person who might have to suffer consequences for their reckless behavior with debt. The actual people involved spent the last decade stuffing their pockets with rents and setting up asset protection strategies.