Real Estate Development

Triple-Net Leases NNN

Jul 8th, 2008 | By Startup Addict | Category: Real Estate Development

I have been working on several commercial real estate projects that utilize triple-net leases (NNN). A tip out of the gate is be careful the prospective tenants possess a clear understanding of triple net leases and what is involved.
There is really not a tremendous amount of mystique behind the NNN, other than a symbol [...]



Like Kind Real Estate Exchanges

Apr 15th, 2008 | By Startup Addict | Category: Real Estate Development

One of my favorite tax-deferred vehicles for real estate is the use of like-kind 1031 exchanges. The actual law will vary from state to state so this post should be construed strictly as informational and a general rule of thumb. A 1031 Like Kind Exchange is typically used in real estate transactions although many other [...]



Starting a Real Estate Brokerage firm

Feb 9th, 2008 | By Startup Addict | Category: Real Estate Development

Forbes had a great article on entrepreneurs debating whether to start a real estate brokerage firm. The article focuses on 8 core systems that are a must review for the real estate potentials:
1. Legal Structure
2. External Threats
3. Marketing Tactics
4. Must-Have Technology
5. Important Performance Metrics
6. Start-Up and Ongoing Expenses
7. Permits
8. Sourcing Supply
As a [...]



Unconventional uses for 1031 exchanges

Oct 29th, 2007 | By Startup Addict | Category: Real Estate Development

For those of you unfamiliar, a 1031 exchange gives the real estate investor the ability to sell a piece of property and parlay the proceeds into a “like-kind” property. Here is a quick lay example:
Selling 60K parcel of land that you originally purchased for 40K.
Buyer 100K parcel of land.
The 1031 exchange allows you to [...]



Cinco de Mayo

May 5th, 2007 | By Startup Addict | Category: Real Estate Development

Which means “drink-fest” in English is upon us. I’m off to a festive bash at my building superintendent’s McMansion in one the nice communities I developed over the last few years Sugar Brook. It was one of the first subdivisions in New Hampshire to be classified “low impact development” (LID). We are about 35% [...]