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How Tech Can Save Money for Landlords with Net Leases


Technology can assist all property owners in the upkeep of their buildings. But it can be particularly helpful with triple net leases, where in addition to rent and utilities, tenants pay for taxes, insurance and maintenance. When a net lease expires, a landlord returning to his or her property could find equipment, which cost just say $250,000 and should have lasted as long as 20 years, needs replacement after seven or eight years thanks to the tenant’s poor maintenance. Often the problems, neglect or abuse of systems can be difficult to detect, until after the tenant is gone.

For more information:

https://www.globest.com/2019/01/25/how-tech-can-save-money-with-net-lease-tenants/?kw=How%20Tech%20Can%20Save%20Money%20for%20Landlords%20with%20Net%20Leases&utm_source=email&utm_medium=enl&utm_campaign=netlease&utm_content=20190129&utm_term=rem

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The information above has been obtained from sources deemed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for illustration only and do not represent the current or future performance of the property.