88. NNN-Leased Properties – considered the easiest form of real estate to manage, tenants pay all costs to own and operate the properties. This includes taxes and insurance, as well as any maintenance or repairs.
The landlord just cashes the rent checks.
These properties, also called Triple Net properties, have become very popular among real estate investors that want something that is truly passive.
However, the ease of management coupled with ease of obtaining financing has made them pricey in many cases, with yields for some credit tenants dropping below 4%.