Rental Property Investor · Norman, OK · Member since 2018 · 156 posts · 529 votes
Hello BiggerPockets investors!
BP Publishing would love some feedback on a book title we've been tinkering with. Normally, this happens behind the scenes—but because commercial real estate investing has a very particular audience, we would love YOUR feedback.
As an investor with some experience in the commercial space, which of these two titles do you find the most compelling and relevant for a book about NNN?
1. TRIPLE-NET INVESTING: Finding Freedom with Commercial Real Estate’s Best Kept Secret
2. THE FREEDOM LEVER: Triple-Net Investing and the Power of Commercial Real Estate’s Best Kept Secret
Thank you for any and all feedback! (And keep your eyes peeled this year for some version of these two titles...)
Investor · Santa Rosa, CA · Member since 2012 · 2k+ posts · 7k+ votes
4y
I'm interested in NNN investing, but if I were searching for a book on the topic I'd be drawn to #1. It gets straight to the point. There are countless books touting "freedom" using real estate—I'd probably chalk #2 off as another one of those. But the first one gets to what's more important to me and that's learning the strategy, versus the second one which is selling the dream.
My opinion (not worth much) is that active and prospective NNN investors tend to be people somewhat more advanced in their investing journey and have likely already reached a level of freedom. Thus, #2 speaks less to me (but still somewhat relevant as it relates to seeking freedom from tenants, toilets, and trash, so keeping it in the subtitle makes sense).
But @Taylor L. is probably right that #2 sells more books…because it seems that more people want to buy a dream than learn a strategy.
Rental Property Investor · RVA · Member since 2016 · 5k+ posts · 4k+ votes
4y
I'd say #2 will be a much bigger seller. Perhaps shorten it a bit to THE FREEDOM LEVER: Triple-Net Investing, Commercial Real Estate’s Best Kept Secret
Investor · Santa Rosa, CA · Member since 2012 · 2k+ posts · 7k+ votes
4y
I'm interested in NNN investing, but if I were searching for a book on the topic I'd be drawn to #1. It gets straight to the point. There are countless books touting "freedom" using real estate—I'd probably chalk #2 off as another one of those. But the first one gets to what's more important to me and that's learning the strategy, versus the second one which is selling the dream.
My opinion (not worth much) is that active and prospective NNN investors tend to be people somewhat more advanced in their investing journey and have likely already reached a level of freedom. Thus, #2 speaks less to me (but still somewhat relevant as it relates to seeking freedom from tenants, toilets, and trash, so keeping it in the subtitle makes sense).
But @Taylor L. is probably right that #2 sells more books…because it seems that more people want to buy a dream than learn a strategy.
Investor · Fairfax, VA · Member since 2015 · 1k+ posts · 796 votes
4y
I"m jealous as I think I could write a book about this. If I had to choose based on title go with number 1. #1 relays what your actually talking about. There is actually a ton of books about this topic believe it or not, so to stand out is hard, but you don't want to be too catchy either and that's why I would remove best kept secret. Agree with post above, you want to learn something not search for the so called "Secret". Good Luck!
Rental Property Investor · Charlotte, NC · Member since 2013 · 491 posts · 253 votes
4y
My vote is #1. Title #2 seems gimmicky and more likely to not give much in the way of in depth details. Title #1 seems more professional and what I would be drawn towards.
Real Estate Broker · Canton, GA · Member since 2010 · 15k+ posts · 11k+ votes
4y
Out of the two the first one. It's funny years ago BP did not want a book on NNN. Said outside of readership interest and too niche (small)...lol
Currently in U.S. 4% of population just about is millionaires so about 14 million people. That's a lot of cash out there. Most people with 8 figure net worth no longer want to work for yield with active investments. They either place money with a syndicator like me for NNN or they want to own NNN directly.
The investors with lower net worth want higher yields typically than NNN offers. 5% cash on cash off 200k investment is only 10,000. 6% cash on cash leveraging to larger NNN with 2 million down before paydown is 120,000 a year. One you can live on and one you can't.
NNN makes sense for retirees, super high income earners, business owners with more cash than time, etc.
For value-add you buy the dark stuff to reposition. That's what I do.
Real Estate Broker · Walnut Creek, CA · Member since 2014 · 105 posts · 58 votes
4y
How about "Have You Started NNN Investing Or Are You Just Happy To See Me?" J/K #1 is definitely better! As others have said it's direct and to the point.
Real Estate Agent · Columbus OH · Member since 2018 · 1k+ posts · 1k+ votes
4y
I vote #2, I feel that it would appeal to the masses who maybe don't even know what NNN is yet. Plus its just a bit catchier i think when scrolling amazon or something.
Investor · Outer Banks OBX · Member since 2020 · 26 posts · 12 votes
4y
I Vote Title #1. Title #2 diverts your attention from the main issue. Enough people have heard about triple net for that title to have staying power in the market, and that trend will likely continue, ie., more and more of the public will continue to be exposed to the concept of triple net leases/real estate.