In this special episode, co-hosts Michael Flight and Adam Carswell bring on David M. Barry Jr., attorney at Jacobs, Walker, Rice & Barry, LLC, to discuss how to evaluate Triple Net (NNN) lease deals from the perspective of an experienced real estate attorney. Michael, Adam and David detail what aspects of Triple Net leases that investors should be aware of in a property’s title search during the due diligence period. They also define crucial terms to know for a net lease, including: subordination, non-disturbance and attornment agreement (SNDA); Reciprocal Ease Agreement; and tenant estoppel agreement. Michael and David explain why Single-Tenant Triple-Net Leased (STNL) real estate are advantageous deals compared to multifamily properties and buying whole shopping centers, as well. Closing the show, David and Michael share what mistakes they have witnessed investors make regarding commercial real estate and multifamily deals as well as how investors should approach 1031 exchanges from a legal standpoint.
Michael and Adam would like to give a huge thanks to David for coming on the show and sharing his knowledge and experience with the Nothing But Net community.
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Jacobs, Walker, Rice & Barry, LLC
JWRB provides clients with quality legal services for Real Estate, Business and Finance law. With almost 175 years of collective experience, the firm offers affordable legal services with a network of highly responsive, accessible attorneys. Jacobs, Walker, Rice & Barry, LLC, has been based in Manchester, CT, for more than 50 years and is conveniently located in the Greater Hartford area to serve all of their clients’ legal needs.

Contact David M. Barry, Jr.:
https://jwrb.com/


DISCLAIMER: The information provided on this podcast is intended to be educational and informational only and is not considered to be formal legal advice.  The listener should not take or refrain from taking action based on its content.  Any listener in need of a legal opinion upon which to rely in decision making should consider formally engaging an attorney to review relevant facts in detail and examine the pertinent law as it applies to those facts.


Liberty Real Estate Fund:
https://libertyfund.io/  | [email protected]
For more information on:
Liberty Real Estate Fund LLC (https://libertyfund.io/)
Concordia Realty Corporation (concordiarealty.com/)
Chicago Blockchain Real Estate Collective (http://www.concordiarealty.com/chicago-blockchain-real-estate-collective-meetup/)

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