00:00 1031 NNN Buyer's Market update - 8 cap deals, interest rates 01:42 Specific Performance clauses 03:23 1031 Land Speculation: Wetlands and Floodplain Investing - Return on Natural Capital

Limited time free 1031 exchange consultations at: https://www.1031navigator.com/

And where have I been?  I'm focused on using real estate investing to help solve climate change.  

This episode contains the final presentation of the 21 day Climate Sprint focused on Mobilizing More High Quality Climate Finance! Full video: https://www.youtube.com/watch?v=YlyVuoG2ziY

For more info or to submit your climate project go to www.corebenefits.io

“Digestible” Climate Finance

• ClimateSprints.com, How can we best value long-term co-benefits and ecosystem services when mobilizing climate finance? / Team (TMO & Natalie)
• Opportunity Gaps: The value of Ecosystem Services and co-benefits aren’t being effectively communicated (Cassie)
• Stakeholder Interviews: Climate Investors & Project Developers (TMO)
• From “Co” to Core Benefits: An individual project could have several equally valuable benefits (Tommy)
• Capturing Complexity: Any individual project has multiple benefits (Tommy)
• Measurable Impact: What is measurable? What is most important? (TMO)
• The Core Benefits Label: helps Climate Investors identify robust climate projects that appropriately value core benefits alongside carbon (Neel)
• Example 1: Himalayan Reforestation (Neel)
• Example 2: Savannah Afforestation (Tommy)
• Side By Side: Using Core Benefits Label to compare projects (Shannon, Neel, Tommy)
• Example 3: Urban Resilience Investment - Two Use Case:s Create your own project or Make your project more valuable (TMO)
• What Comes Next - Changing the Game (Natalie & Neel)
•  Core Benefits Label: Adaptive, Dynamic, Informative, and Accessible (Neel) For more info or to submit your climate project go to www.corebenefits.io

CRE is a relationship driven business. Just like Location, Location, Location it is "Who You Know".

- best deals never come to market - pre market or off market - 60% of my deals are sourced through my network - off market list www.offmarketnnn.com - off market CVS NNN 7 deals $50M - off market Dollar General NNN 100 stores $150M - off market 7-11 NNN 15 deals $60M - off market Firestone NNN 20 deals $90M - off market TSC Tractor Supply 9 deals $50M

If you are looking for off market 1031 CVS NNN, Dollar General NNN, 7-11 NNN, Firestone NNN, Tractor Supply TSC NNN or other NNN 1031 replacement properties then visit www.offmarketnnn.com

Qualified Principal Buyers Only - Sorry No brokers

_______ Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994

_______

Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

7-Eleven NNN deals produce stable and secure long term income for your 1031 exchange or as a passive income addition to your portfolio.

More in this video:

00:00 7-11 Triple Net 1031 Investments 00:23 1031 Navigator 1031 Exchange 01:11 secure passive income 01:31 Income, Impact, Return - Investing 02:00 Two recent sold 7-Eleven 1031 NNN Deals 02:16 7-11 NNN For Sale Chicago 1031 Exchange 05:47 Demographics - How to invest in the best areas 06:18 7 Eleven Triple Net for Sale Texas 1031 Exchange 07:56 Traffic Counts - effects on investment 10:11 7-11 NNN 1031 Pros and Cons 10:27 7-11 price per square foot 11:59 7-Eleven be careful of historical environmental condition 14:02 7-11 NNN 1031 Pros 14:13 absolute net - no landlord responsibilities 14:23 rock solid "A" rated tenant credit 7-Eleven 14:41 15 year lease brand new 7-11 property for sale 15:07 high residual value equity preservation 15:49 7-11 cap rates similar to other 1031 exchange NNN property cap rates 16:13 environmental indemnification investor protection 16:36 rent increases - inflation protection 17:00 7-11 financing - easy to get non-recourse loans 17:47 Mailbox Money - 7-11 NNN passive income 18:00 Is 7-Eleven an Essential Business? 18:42 7-11 Triple Net 18:53 7-Eleven Cap Rates 19:31 Crime Reports Due Diligence 20:00 NNN Property Due Diligence 20:59 7-Eleven Property Prices 21:40 7-11 For Sale CA 21:51 7-11 For Sale CO 22:02 7-11 for Sale SC 22:50 7-Eleven NNN Properties For Sale for 1031 Exchange 23:01 text or call Thomas @ personal/direct number 23:12 7-11 NNN off market deals - 7-11 developers - 7-11 brokers 24:10 7-Eleven NNN Cap Rates 1031 exchange 24:58 7-11 FL Triple Net For Sale 25:45 Buy a 7-11 NNN for sale 25:50 Ask a free 1031 exchange NNN question 26:02 Free 1031 exchange consultation 26:16 1031 Navigator - 1031 exchange replacement properties 26:17 impact investments - triple bottomline investments 26:34 compound.global income impact return 26:58 learn or ask about impact investments 27:25 talk to Thomas directly (personal cell phone)

Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the listener hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions.

Thanks for watching! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

------------------------------- This show is a collaboration.

Without you the listener, it would not be possible.

We welcome your participation and would love to feature you on the show:

Listener Hotline: 970-300-1994

or visit https://compound.global/talk

_______________________________________

This is show is brought to you by TMO and COMPOUND | global an impact investment studio.

We ask ourselves everyday: "What Good Shall I Do This Day?"

What the F are you doing?

As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

• O'Reilly NN
• 4 - Dollar General's Absolute Net
• Mattress Firm
• Gerber Collision
• Pizza Hut
• ABC Supply
• Hardees 20 year NNN
• Family Dollar NNN
• 7-Eleven 15 year triple net
• Firestone NNN
• O'Reilly NNN

New $27M 1031 portfolio buy need and $6M 1031 NNN buy need.  

Free triple net 1031 consult: 

www.1031navigator.com/free

_______ Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994 Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994 _______ Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

This episode is based around an email to client re a question he asked:

Michael, you had also asked about a multiple state strategy in the no income tax states. Many people I work with and many investors across the country do this but due to this demand it makes the cap rates lower in these states. i.e. a deal in FL, TX or NV will be 50 to 100 bps lower on cap rate.

Per the other email (with supreme court notes) it depends on your accountant and where they will have you pay the state taxes. Several clients who are residents of CA or NY for example are planning long term by buying in tax free states and plan to eventually become residents of NV or FL respectively.

To me, yes lowering income tax is great but if the cap rate already reflects it, it is a moot point. i.e. most states income tax rates are 4-6%. Let's say you buy in one of those states at a 6.25% cap rate and the same property in a tax free state is 5.75%. This is an 8% reduction in income. So tax to tax it would make sense to buy in a 5% tax state and keep 3% more. However, the main tax free states TX, NV and FL are also considered sun-belt states and will most likely hold value better due to population growth. So.... it pretty much becomes a wash.

Again, it goes back to one of the earlier points that it is really about the property/deal itself and whether or not it stands on its own two feet. Hence finding the best deal in terms of population, traffic, crime, tenant, lease length, building construction, site location, cap rate etc comes first and the state tax ramifications second. To me, it seems to not make sense to buy a sub-par property just to save on state tax.

........................................

Thomas Morgan, CCIM

Andrus & Morgan Co.

970-618-4086

www.andrusmorgan.com

Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994 Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994 _______ Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

As you probably know, Krystal has filed Chapter 11 Bankruptcy.

If you are a Krystal Landlord, explore joining the creditor group, re-tenanting options or possible sale here: https://www.1031navigator.com/krystal

Thoughts on Krystal Bankruptcy:

- single tenant triple net deal, what is important: tenant credit & strength of real estate

- Why we bought Krystal: revenue, long term absolute net but at the end of day the real estate matters

- beware of debt

- what you paid for the property matters

- if something happens to the tenant what is the risk?

- strength of tenant matters

- tenant/store sales and financial reporting matters!

- monitor the tenant during ownership

- any warning signs?

- tenant news using google alerts

- property inspectors

- store manager relationships

- location, location, location matters! even though it is leased, it is still real estate!

- re-tenanting

If you are a Krystal Landlord, explore joining the creditor group, re-tenanting options or possible sale here: https://www.1031navigator.com/krystal

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Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994 Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994 _______ Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

1031 Exchanges Explained - Full Episode!

Thomas sits down with Erin Crowley of Asset Preservation Inc. a national 1031 Qualified Intermediary to go through the top 1031 exchange questions.

1031 Exchanges Explained! covers the following topics ranging from beginner to advanced.

(Don't have time to listen to the full episode? You are in luck, this will be broken up into mini-episodes covering specific topics. Check the feed for details)

1031 Exchanges Explained:

- how do 1031 exchanges work? - how to do a 1031 exchange? - Biggest 1031 exchange mistakes - 1031 exchange misconceptions - is 1031 exchange only for investment property? - is 1031 exchange worth it? - how many 1031 exchanges can i do? - does 1031 exchange avoid state taxes? - does a 1031 exchange defer depreciation recapture? - who does/handles 1031 exchanges? - can 1031 exchange be used for foreign property? - Can you 1031 exchange primary residence? - 1031 exchange like kind examples - 1031 exchange companies / intermediary near me - 1031 exchange timeline - 1031 exchange cost / fees - 1031 exchange on personal property - 1031 exchange 45 day rule - 1031 exchange 180 day rule - 1031 exchange with boot - 1031 exchange vs cash out refinance - 1031 exchange for stocks, REIT, DST - 1031 exchange into llc - 1031 exchange for vacation home - 1031 exchange to pay off mortgage or with debt - 1031 exchange into existing property - 1031 exchange with installment note / seller financing - 1031 exchange cash out refinance - 1031 exchange for lesser value - 1031 exchange with family members - 1031 exchange reverse - delayed 1031 exchange - 1031 swap exchange - 1031 exchange partial - 1031 exchange depreciation recapture - 1031 exchange alternatives - 1031 exchange business sale - 1031 exchange residential property - 1031 exchange multiple owners - 1031 exchange art - 1031 exchange individual to llc

Special thanks to fellow CCIM Becky Martin for arranging this.

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Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994 Get FREE answers to your most pressing 1031 and real estate investing questions.

Leave a direct voicemail at the podcast hotline at 970-300-1994 _______

Thanks for listening! Your host, Thomas Morgan, CCIM

1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: https://www.1031navigator.com/free-1031-nnn-consultation

As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

“ Looking to get more info on doing a potential 1031, would have roughly $250k. Thanks - Justin”

Listen to hear full answer but here is summary:

- NNN options for under $1M - local or regional deals - apartments, industrial, mobile home parks, small office - DST or Delaware Statutory Trusts

—————-

Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions.

Leave a direct voicemail at the podcast hotline at 970-300-1994

_______

Thanks for listening! Your host, Thomas Morgan, CCIM

1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

http://www.1031navigator.com

As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

"I get what you are saying about the rent and locations of deals under $1,000,000 but can you give an example of "good" deals under $1M?"

"Good" NNN Deals that Thomas has closed under $1M with backstory

- AutoZone Ground Lease - Cash - Family Trust

- 14 year Absolute Net Dollar General - 1031 Exchange - Cash

- 15 year Absolute Net Family Dollar - 1031 Exchange - Cash Out Refi

- Captain D's NNN QSR - 1031 Exchange - Cash - Family Trust

--------

Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994

_______

Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

Thomas dives in and covers:

- the problem with NNN properties under $1M - how many options are there? - CRE Joke: do deals under $5M even exist? - what do you buy with $200k, $400k, $700k, $900k etc? - do benefits of triple net investing diminish with deal size? - real world NNN deal examples - crexi.com - 4,500 property options - all prices, all states - only 700 under $1M - 15% - lease length filter - 5 years or more - 216 deals - only 5% of national deal inventory - absolute net v. Triple net - only 50 deals nationwide! - price based on rent and cap rate - what are the cap rates of NNN deals? - national cap rates - why is the rent what it is? - why is the rent low? - performance of retailer/tenant locations - cost of project / development / redevelopment - prevailing market rental rates - location, location, location - does low rent equal crappy location? - 200 properties - where are the located? - how many are in or near cities? - low rent = low price = questionable location - how does this change if you are in a 1031 exchange? - good deals under $1M - higher cap rate - buyer trade off's - using leverage to get up in higher price point - better triple net deals in $2-$5M range - risks of deals over $5M - listener apology: Grant, Doug, Alice, Rick, Fahiz - other options for under $1M - this is not security advice or a security offering - syndicated deals - fractional ownership - 1031 - DST - Deleware Statutory Trust - Listener Survey: https://www.1031navigator.com/nnnsurvey - REIT's, PPM's, Developers and other Syndicators - Not knocking lower price deals - there ARE opportunities - Small price point example - there is money to be made in this price range - but makes more sense to leverage up or do fractional ownership - listener hotline: 970-300-1994

_______

Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994

_______

Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.

NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

Topics in order of discussion:

- what is the best 1031 exchange replacement property - deciding on NNN or other types investments - value add deals - the importance you "investor profile" or "buyer profile" - balanced real estate portfolio - equity appreciation - mailbox money and passive investments - Dollar General NNN / triple net property comparison - high credit / solid tenants - NNN downfalls - "force appreciation" on 1031 investments - buy according to your goals - zero phone calls and only one letter - "hands off investment" - no maintenance oversight - peace of mind investment - why low rent per square foot matters - triple net lease length - NNN cap rate movement - location due diligence - selling a triple net property - NNN lease "sweet spot" - extending triple net leases with tenants - additional depreciation techniques - refinancing triple nets - "double dipping": yield, security, low risk, amortization, depreciation, cash out, reinvest in higher yield deals - "value add" types of real estate investments - vacancy, below market rents, upside, cap rate differential - real estate "gravy" - NOI growth: increasing income, lowering expenses - finding deals that are mismanaged - having fun and creating value - "boring" triple net leases LOL - 2X'ing equity and then doing a 1031 exchange - why you have to look at a lot of deals in a 1031 exchange - why a great team matters - selecting a 1031 qualified intermediary - 1031 exchange process and overview - two 1031 tricks - when to start looking for 1031 replacement properties - "early and aggressive" while shopping for 1031 replacement properties - doing due diligence early and being done within the 45 day 1031 id period - why due diligence matters and what to do - loan terms and how to finance deals - Trello for real estate - what is the property "story" - what value add deals are not for everyone - risk considerations - self managed v. professional management - the cost of professional management - calculating "real" expenses and verifying expenses - downside considerations - Greg's multi family and real estate investing experience - available investments @ www.trived.com - summary - tips, red flags, words of wisdom for your 1031 exchange from Greg

_______

Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions.

Leave a direct voicemail at the podcast hotline at 970-300-1994 _______

Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income.

1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

Our guest today is writer/speaker/thought leader Tony Nitti, CPA a Tax Partner with RubinBrown. Tony is a regular contributor/writer for Forbes and Tax Advisor and has been featured on Bloomberg, CNN Money, The Wall Street Journal and The New York Times. With over 20 years of accounting and tax experience, Tony holds a Masters in Taxation from the University of Denver and specializes in corporate and partnership taxation, with an emphasis on complex mergers and acquisitions structuring. 

The wide ranging discussion covers:

- "If you don't laugh, you would cry" Tony Nitti on covering the US Tax Code - Tax Code is a moving target: It is not enough to know the current law; you need to know where it is going. - Tax Cut & JOBS Act - New Capital Gains Tax Rate? - Will the 1031 and Opportunity Zone legislation stick around? - Why 1031 Exchanges make sense - Why 1031's are part of high end tax planning - can you avoid capital gains tax forever? - common 1031 exchange misconceptions - why deferral is "always" / "usually" the right choice (in most cases!) - what will the rate be when the tax comes to roost? - "To Do OR Not To Do" a 1031 Exchange - why capital gains rates will never be lower than right now - 1031 forever or cash out and pay the tax? - the greatest tax planning tool - death? - what is your true capital gains rate? - Section 1250 Gain - net investment income tax rate - State Taxes! - "I was only calculating Fed!" - Double Digit Rates! - best blended rate to estimate your capital gains tax for your 1031 exchange - Section 199A - 20% deduction - who / what / why - "the bane of every CPA's existence" - Section 162 "Trade or Business" - 199A: NNN property v. NN property - rental safe harbor: 200 hours per year - "investment" v. "Trade or Business" - 199A: Opportunity Zones (45 minute mark) - IRS disconnect of what a triple net lease is really like - IRS Notice 2019-7: Triple Net 199A - "good tax policy does not force you to buy other investments you would not otherwise purchase" - 2025 Sunset of Tax Provisions - "Tread Lightly" Walter White, Breaking Bad - Tax law repeal and the ebb and flow of partisan politics - It is not just where the laws are today but where they will be in the future and trying to figure out where they are headed. - 55 minute mark - changing gears to Opportunity Zones - The differences between 1031 Exchanges v. Opportunity Zones - $4M example - OppZone "hand is forced" to "where" you have to invest. - Tax and Non-Tax considerations - OZ Advantage #1 - take cash off the table; invest gain only - OZ Advantage #2 - able to split / restructure partnerships - OZ Advantage #3 - not just "like kind" property - OZ Disadvantage - gain and tax liability comes home to roost sooner than later... in 2026. At mercy of what the rate is in 2026; not today's rate, tax is at 2026 rate. - investing in a Qualified Opportunity Fund - self-election of QOF - existing entity or new entity - self certification - "not enough time" to go over the common criticisms of the Opportunity Zone program - more money or projects? For OZ's - Tony on Twitter  - Location. Location. Location. - Gentrification - debt and refinancing in Opportunity Zones: 2 year rule of thumb - substantial improvement rule - "any" 30 month period wording - Cost Segregation - Tony On Forbes

- Tony on LinkedIn

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Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions.

Leave a direct voicemail at the podcast hotline at 970-300-1994

_______

Thanks for listening!

Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

Many clients have been coming to us and saying “not only do I want a safe investment for my 1031 that is good for my money, I also want it to be a “good” investment for my kid’s kids and the planet we live on".

There seems to be a theme, rather than “be” the change you want to see in the world to “buy” the change you want to see in the world.

They ask what types of green or sustainable real estate is available for 1031 exchange.

Thomas explains more on this podcast episode and discusses seven types of green and sustainable investments suitable for 1031 exchange replacement properties.

The episode covers

• “like kind” properties
• green buildings
• renewal energy properties and infrastructure
• organic and sustainable farms and timber
• conservation investments
• brownfield investment
• redevelopment / reuse
• thematic investments

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Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions.

Leave a direct voicemail at the podcast hotline at 970-300-1994 _______

Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

Here are some High Yield Triple Net Properties!

Announcing our new listing of a high yield ten property NNN portfolio.

Portfolio Price: $16M

Average cap cate: 8%

Median Lease Term: 9 years

Tenants: Dollar General, Burger King, Mattress Firm, Fleet Pride, Gerber Collision, Spec’s Liquor and EZ Pawn

Properties are available together or separately.

Deal Access: https://www.1031navigator.com/portfolio

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Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions.

Leave a direct voicemail at the podcast hotline at 970-300-1994 _______

Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

Here are 15 things to consider when deciding whether or not to sell.

Points touched on: tenant credit, lease term, traffic, crime, store sales, flood zone, demographics, loan pre-payment defeasance penalties, contract rent v. market rent, and more...

If you are a 1031 exchange or triple net buyer you can flip these points on their head and look at them from your perspective as well.

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Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions.

Leave a direct voicemail at the podcast hotline at 970-300-1994 _______

Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

When spending millions of dollars for your 1031 exchange what information do you rely on?

Today Thomas discusses what property emails stick out among thousands of possible 1031 exchange replacement properties. How video is changing property evaluation for 1031 NNN Triple Net properties and commercial properties. And why a little dose of humor while adding value goes a long way.

Passive income properties and topics touched on in today's show

• Chick-Fil-A NNN
• Triple Net California Investment
• 1031 Exchange Checkers Long Term Lease
• NNN property videos
• traffic, location, adjoining properties
• commercialmortgage.com humor
• use of drones for real estate investment
• making sense of all the data for your 1031 exchange

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Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions.

Leave a direct voicemail at the podcast hotline at 970-300-1994 _______

Thanks for listening!

Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.

NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

Thomas discusses:

- what is a zero cash flow deal

- licensing for a zero cash flow deal

- who buys a zero

- why buy a zero

- what is a rent holiday?

Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994

_______

Thanks for listening! Your host, Thomas Morgan, CCIM 1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com As always, make sure to check with your legal or tax advisor before relying on this information. This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

5%? 6%? 8%?

What are the price points of triple net deals? Walgreens. CVS. Fast Food. Dollar General etc.

Also announcing the new short form 1031 Q&A show format!

Ask your own 1031 exchange, triple net, passive income or other commercial investment real estate question at http://1031navigator.com/ask or leave a direct voicemail at the podcast hotline at 970-300-1994

Get FREE answers to your most pressing 1031 and real estate investing questions. Leave a direct voicemail at the podcast hotline at 970-300-1994

_______

Thanks for listening! Your host, Thomas Morgan, CCIM

1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. NNN properties provide low risk passive income.

1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in 1031 exchanges into passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

As always, make sure to check with your legal or tax advisor before relying on this information.

This is show is for informational purposes only and is provided without warranty. Common sense is the best practice.

If you are a real estate investor or concerned about how much tax you pay then you have heard of Opportunity Zones.

The bipartisan Opportunity Zone Legislation was part of the 2017 Tax Cuts and Jobs Act.

Like a 1031 Exchange, the OZ legislation is meant to spur economic growth by providing capital gains tax relief. Yet, there are some key differences in each tax deferral process and investment strategy that investors should know about.

I was fortunate to be a guest this week on Jimmy Atkinson's popular Opportunity Zones Podcast. In this episode, we discuss:

- What are the similarities and differences between a 1031 exchange and an Opportunity Zones investment? - How do the investor profiles of the two programs differ?

- We also touch on triple net properties and dive a little into my back story.

I appreciate Jimmy having me on his show. Jimmy is a great guy. Make sure to check out the value he brings to the Opportunity Zone space over at OpportunityDB.

The interview is two parts.

Part One covers 1031 v. OZ and is here on our show in entirety.

Part Two covers impact investing and our separate business COMPOUND global. COMPOUND is a global impact investment fund creating triple bottomline returns from real assets. Triple bottomline refers to positive social and environmental impact returns alongside financial returns. Part Two can be found here.

OpportunityDb (The Opportunity Zones Database) provides world-class tools, education, and analysis to help individual investors, family offices, real estate developers, and industry service providers navigate the ins and outs of the Opportunity Zone program — empowering them to help create positive social impact in under-invested areas of our country.

Today I answer the following:

1) should I do a 1031 exchange?

2) do you offer free 1031 NNN consultations?

3) do you work with brokers?

4) do you require an exclusive agreement?

5) do you require a written agreement?

6) besides NNN / triple net properties, what do you think of multi family apartments and/or mobile home park / trailer park investments?

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

It's not just me asking the questions. Good seller's brokers want to know who they are working with and assess the certainty of closing the deal.

Today, I discuss questions I ask new clients and share a list that a seller's broker asked when we presented an offer on a NNN Dollar General.

Here is the long list from the broker representing a large national REIT seller:

Thomas, Do you mind answering the questions below about the buyer real quick? Feel free to call me and go over verbally. Info on Buyer Where is buyer from? What’s their primary business? What other assets do they own and where? Do they own properties with the same tenant as this deal? Is the Buyer apart of a partnership? If so, how many partners are involved in the decision making process? Do you have an exclusive with this Buyer? Have you worked with the buyer before? Have they toured the property or been to the property? Are they familiar with the lease structure? All cash offer? If so, where are the funds coming from (sale of other property, investment account, etc)? Are they 1031? What is the total amount to replace and how much cash? If yes, what is their remaining time to ID? If yes, how many other properties have they identified and what are those assets? Do they have other outstanding offers? Who is their lender? What are their proposed terms/leverage? What would prevent the buyer from closing this deal?

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. 1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

David is a true expert on triple net lease properties and NNN investments. David is the founder of Generation Income Properties a NNN REIT, Verum Properties which is the first net lease valuation tool and 3 Properties a triple net lease investment brokerage firm.

I am excited to share this helpful episode which has good insights into the biz, properties, the process and even jargon as well as some more advanced ownership examples and strategies.

The $1,500 psf example is a NNN Starbucks in Florida. The Starbucks was purchased by Generation REIT for $3,463,500 which was 14.60% below is appraised market value.

More info on David and his companies can be found at:

Books: https://amzn.to/2n0uhR2

https://www.linkedin.com/in/davidsobelman/

https://www.gipreit.com/

http://verum.properties/

https://www.3-properties.com/

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. 1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

http://www.1031navigator.com

Here are the listener’s questions, we will call him “Dave” to protect his privacy:

“We are reaching out to you to hire your services to find 1-2 income producing commercial properties totalling approx $​5​MM . ​

I listened to all of your podcasts (1031 Navigator). I visited your website and wanted to ask you the same questions that you suggested on your podcast! and a few others.

1) ​How long have you been doing 1031s?

2) Are you​ CCIM and/or SIOR? ​

3) Are you a member of local or national organizations?

4) What deals are you currently working? (we're looking for apartment buildings Class C or better, NNN or absolute NNN Commercial Income Producing Properties)

5) Should I educate myself in a certain area, website, read a specific book while doing the 1031 exchange?​ Or do you or someone in your office offer explanations or education on how our potential purchase is evaluated? ​

6) ​I noticed that you asked me if I was representing my family as broker/agent. Just want to know why and if that effects our relationship / deal preference etc... ​

7) How will you be getting paid, by the listing agent or the buyer?

8) ​What is typically the 1st income producing property that your clients, who have little property management experience, exchange into and feel comfortable with?”

Thanks for listening!

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.

1031 Navigator has been involved with over a billion dollars of 1031 Exchange NNN Properties in over 35 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

Many thanks to everyone who has made these last several years such a success!

Two clients were kind enough to call in and share their experiences in working with me and 1031 Navigator.

Their calls and words almost brought tears to my eyes!

As I say 1) "I can toot my own horn, but my clients do it better!" and 2) "A referral is the best compliment I can receive." So, thank you to Terry and Nancy for calling in.

And thanks to all the listeners out there!

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.

1031 Navigator has been involved with almost a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

That’s why we call NNN properties arm chair Investments and mail box money.

I ended up covering a lot in this episode.

Here is a quick run down:

- how to do due diligence - internet tools - do people not really go see a multi million dollar property before buying it - property inspections - do I travel? - each transaction is has a gaggle of players - big data v. Gut feel - counting cars and customers - age of NNN investors - do people really tell you “I’ll be dead when the lease expires anyway” - do people still use fax and snail mail? - and more.

And, like covered in the show, if you are in Aspen or Vail this winter and want to talk 1031 and NNN shop let me know.

As always, call or text with your questions. 970-618-4086

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.

1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

A common question I get is "Where do you get all of your NNN 1031 triple net deals?".

The saying goes that most deals in commercial real estate never make it to public market.  (Meaning websites and listing services etc).  The best deals get sold "off-market or pre-market".

CRE is a relationship driven business. Just like Location, Location, Location it is "Who You Know".

For the last 15 years I have been building my national network of sellers, buyers, developers, brokers, service providers like 1031 qualified intermediaries, surveyors, engineers, lawyers, title companies etc.  All these come into play not only in sourcing the deal but also closing and post closing.

In the last few months 60% of my deals have been sourced through my network.  

If you are looking for off market 1031 Walgreens, Dollar General, CVS, Family Dollar, fast food or other triple net 1031 replacement properties then this episode is for you.

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.

1031 Navigator has been involved with almost a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

This is my RANT on misleading broker marketing and why who pays the rent is important.

As always, text me your questions or let me know if you are looking to buy a 1031 exchange property or sell a NNN triple net property. Thomas Morgan, CCIM @ 970-618-4086

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. 1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

http://www.1031navigator.com

These questions were asked and answered as part of an all cash 1031 Exchange into a Triple Net Dollar General property. This NNN Dollar General is absolute net leased for about 14 years.

The call covers and touches on many aspects of a triple net property negotiation: LOI, Purchase Agreements, deal momentum, "as-is" clauses, seller representations and warranties, due diligence, inspections and inspectors, closing costs, absolute net leases, estoppels, working with title companies, surveys, deed transfer tax, recording fees, property taxes.... all related to triple net NNN properties and 1031 exchanges.

Enjoy!

Do you have a triple net or 1031 question?

Call in or email and Thomas will answer for free! 866-539-1777 or www.1031navigator.com

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.

1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

Newton's first law of motion is often stated as: An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.

Same goes for triple net 1031 property sales and transactions.

Here a few tips to ensure you complete your 1031 exchange in a timely fashion with the least amount of headache.  You have better things to do with your time!

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. 1031 Navigator has been involved with almost a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

http://www.1031navigator.com

45? 180?

Not really.

In 1031 NNN Triple Net Secret #183 Thomas discusses the 1031 timelines and tricks and strategies to make sure you get a great 1031 property on time with peace of mind.

Also included is the Friday Deal Flow update.

Check out Insta at @1031navigator or our youtube channel with up close and personal 1031 triple net videos.

The blog also has two new deals of the week: a NN Advance Auto and a Triple Net Walgreens for sale.

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.

1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

While there is some good and quality triple net 1031 information out there a lot of it is old, outdated or simply fake. About 50% of deals online are NOT truly available for purchase.  They have either sold, are in escrow, have debt that can't be readily paid off, are not built yet or are simply fake.

Don't waste your time going through hundreds of NNN triple net deals.  You have better things to do!

Get a great NNN broker to do it for you!

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. 1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

Depends.

Find out how triple net NNN 1031 exchange deals are priced, what a good offer price is and how to win the deal in a highly competitive investment environment.

This is part of the 1031 NNN Secrets series based on our upcoming book www.triplenetsecrets.com 

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. 1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

Thomas discusses why the NNN secrets are important and why you would consider them when purchasing a triple net property for your 1031 exchange.

Find out what triple net developers, NNN sellers and triple net brokers don't want you to know about when investing in and buying triple net properties.

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time. Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. 1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states. 1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income and triple net NNN investments. For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit: http://www.1031navigator.com

Ask Thomas about a FREE 1031 exchange or NNN consultation.  Call or text him at 970-618-4086 and mention this show.

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

Our focused expertise, experience and daily triple net NNN market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty. 1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

http://www.1031navigator.com

Walgreens has several types of leases. Some are NNN. Some are NN.

Thomas Morgan, CCIM of 1031 Navigator covers what to look for when buying Walgreens NNN real estate and Walgreens triple net property for sale.

Get a free Walgreens 1031 NNN triple net NNN consultation by calling 1-866-539-1777

Prefer video over audio?  Search "1031 Navigator" on Youtube for full video.

Thomas discusses 5 things you should ask your 1031 Triple Net Broker.  The video can be found on youtube or the audio on itunes.

5 questions ask your 1031 Exchange NNN Triple Net Property Broker

1. How long have you been doing 1031 and NNN Triple Net brokerage? What kind of deals have you worked on in the past? What certification do you have; CCIM, SIOR or are you a member of other local or national organization?
2. What kind of deals are you working on now, will do in the future or have done in the past? Do you do apartment buildings, industrial buildings, single family houses, Walgreens NNN? You want to ensure you have a specialist working with you on your 1031 exchange and Triple Net property.
3. How do you get paid? The seller? Does the listing broker or the buyer pay the fees?
4. Will I sign exclusively with you as my only NNN broker or non-exclusively?
5. Where do the properties come from? Will you tap into your developer and listing broker networks and relationships forged over the years to get the best NNN properties? Or will you send me off market or pre market NNN properties and I'll have a chance at first purchase?

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.  

Our focused expertise, experience and daily triple net market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.  1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

http://www.1031navigator.com

If the NNN property is priced right, a good first offer is 90% + of ask price. This will still allow room for you to get a deal on the NNN property but also ensure the seller responds. Thomas Morgan, CCIM of 1031Navigator.com shares some offer info on a $6MM+ NNN 24 year CVS NNN property he is working on.

For a FREE 1031 Strategy Session call 1-866-539-1777 or go here.

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1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.  

Our focused expertise, experience and daily triple net market presence enables clients to complete their 1031 Exchanges with peace of mind and certainty.  1031 Navigator has been involved with over half a billion dollars of 1031 Exchange NNN Properties in over 30 states.

1031 Navigator is a service of Andrus & Morgan Co., a national commercial and investment real estate brokerage specializing in passive income investments.

For a free, no-obligation 1031 Exchange NNN Property Strategy session for your 1031 Exchange visit:

www.1031navigator.com

In NNN investing, the lease is one of the most important things. The point of investing in NNN properties is to have a hands off investment.

When buying NNN properties make sure to read the lease to see if it is really true NNN or not.

Many triple net brokers and NNN sellers will advertise the lease as "net leased" or "ease of management" or "minimal landlord responsibilities" . Often times the lease will have more landlord responsibilities that advertised. Thomas Morgan, CCIM of 1031navigator.com talks about absolute net leases, NNN leases, and NN leases.

Beware of opening escrow without having read the lease to see if it is triple net or not. This will save you time and money on your 1031 exchange NNN property purchase. _________

1031 Navigator helps investors nationwide find the best 1031 Exchange replacement properties in the shortest amount of time.

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