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normally if you own a home for instance youll collect rent from your tenant but then you as a landlord usually pay the property taxes the insurance and the maintenance out of the rent you collect so your rent that your collectors diminished by those three items property tax insurance and maintenance oftentimes in commercial leases it is typical it is common it is normal for them to be a triple net lease that means the rent they pay is net of the property taxes insurance and maintenance which means the tenant pays their share of those expenses so that means that the rent you collectors net to you because the tenants pay those outgoings its a triple net lease I love it it means that your profits your Roi your return tends to be higher than it is with residential property now for this reason instead of just having one amount that I charge the tenants every month I often split it into two I split it into the rental component and their share of the costs that theyre paying
