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whats up future and present Real Estate Moguls my name is Aviva Sun enrich I noticed that everybody was Googling what does nnnnn mean in commercial real estate so Im going to tell you what that means and Im gonna show you how to calculate it and then at the very end youre going to get something thats going to make this really easy so n n stands for triple Nets and in commercial real estate that means taxes insurance and repairs so if you lease an apartment for a thousand dollars a month the income on the apartment is a thousand dollars a month the landlord takes out the expenses if the expenses go up but youre locked in at a thousand a month uh the landlord has to pay for the essentially the expenses what a triple net lease is means that the tenant is paying for the increase in expenses or the repairs so the first n stands for taxes the second for insurance the third for repairs unfortunately for the tenants and fortunately for the landlords triple net is very very landlord frien
