All Forum Posts by: Tom Pham
Tom Pham has started 1 posts and replied 4 times.
Post: Calculator for rental property and utilizing for commercial property
- Posts 4
- Votes 1
Quote from @John McKee:
There really doesn't need to be a calculator for NNN since all expenses are paid by the tenant. However every lease is different so there may be some structural costs you could have to pay such as a roof replacement, but if it's an absolute NNN then you don't have to worry about it. The nice thing about commercial is that it's a little easier to figure out your returns.
Thanks for the input!
Post: Calculator for rental property and utilizing for commercial property
- Posts 4
- Votes 1
Greetings all,
The calculator for bigger pockets is geared towards residential real estate. What adjustments should I make when sizing up a commercial property? Since with commercial properties, tenants will pay for the NNN.
Advice is really appreciated!
Thanks for your input.
So the home equity that was approved for can be used for as a down payment for the rental property?