All Forum Posts by: Raj Patel

Thank you all for your thoughts.

We have a developing area as far as the commercial real estate goes. How do I look up for the listings for brand new NNN properties in Houston area like Starbucks. Can you buy one straight from the developer?

Also, if I can not manage alone, what is you experts' note on me involving one more of my friends or two and acquire such property?

@ Kevin - So, pretty much I am putting 30 % down and let's say I get loan at 4% and cap rate is 4.5% then I am making 4.5% on my 30% down amount plus 0.5% on the 70% that I borrowed, correct? What other costs go in calculations? considering it's absolute NNN lease. I saw a property long time ago for 2 M.

Sorry if any of my questions sound not too smart, as I mentioned I am totally new to this.

Thanks a lot

Hello all,

I am looking for the NNN property in Houston area. I am totally newbie.

1. What will be the mortgage rate and term for the NNN loan? For example, Starbucks or some new strong long term tenants.

2. In you all experts' opinion - which works out better? Rental Homes or NNN properties?

Appreciate the feedback in advance.