Contents   Introduction – Too Good To Be True?   PART I – The Basics   1   A Quick Guide To Triple Net Investments                   1                            2   Leases – They Define Your Return                              5      Gross Lease      Net Lease      Absolute Bond Triple Net Lease      Double Net Lease (NN)      Ground Lease      Commencement Date      Options      Percentage Rent      Termination Right (Kick-Out Clause)      Rent Bumps      A Quick Review   3   Financing 101                                                                 11      Cap Rate      Market Rent      Return On Investment (ROI)      Cash-On-Cash      Net Operating Income      Equity Buildup      Assumptions      Five Year Call (Balloon)      Adjustable Rate Mortgage (ARM)      A Quick Review 4   Net Lease vs Residential                                               19      Residential as “entry level” investment      Rental compared to Net Lease      Net Lease defined      Advantages of Net Lease ownership      Quick Review   5   The Big Three                                                                25      Flexibility in locations      Double Nets      Reasons for Net Lease availability      Catagories/Examples of Net Leased properties      Four Cardinal Rules for investing in Triple Nets      Average prices      Big Three Goals for Investing      Quick Review   6   Return on Investment                                                   35      CAP Rates & Equity Buildup      CAP Rate influences      Loans – Fixed Rate & Adjustable      Purchase scenario      Interest Rates vs Percentage Returns      The Amortization Schedule      Cash Return Worksheet      Equity Buildup Worksheet      Quick Review   7   Ready To Buy?                                                              43      Finding your Net Lease property      Finding a Commercial Agent      Contacting the Author      Quick Review            8  The Letter of Intent                                                       49      The Author’s “Available Property List”      The Offering procedure      The Letter of Intent      Quick Review    9  The Purchase Agreement                                              57      Negotiations      The Document      The Procedure      Negotiable items      Tenant’s Right of Refusal      Quick Review   10  Due Diligence                                                                63       The Due Diligence process       The property inspection       The Loan       The Lease       The closing       Quick Review   11  Partners                                                                         73       Partnerships and LLCs       Limited Partnerships       Tenants-In-Common (TICs)       Quick Review   12  The 1031 Exchange                                                       81       The Deferred Exchange       Exchange Concepts       Basic premise of an Exchange       “Like For Like” properties       Reasons to Exchange       How it works – The Qualified Intermediary (QI)       Timetable variations       The Reverse Exchange       Quick Review   PART II – Beyond The Basics          Brokers’ Commissions                                                      99 Double Nets and Dollar Stores                                        101 Ground Leases and Leaseholds                                       107 Hazardous Materials                                                        111 More About 1031s                                                            115 Net Lease Properties in Your IRA                                  119 The Option To Renew                                                      125 "Packaged” TIC Offerings                                              129 The Purchase Offer                                                          133 REITs                                                                               137 Zero Cash Flow Properties                                              141   Glossary                                                                             143 Index                                                                                  154 About The Author                                                             156