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NNN REIT is a triple-net lease REIT Most leases are called gross leases, where the tenant is responsible for paying rent and not much else. If you rent an apartment, you probably have a gross lease.
Carn called to set up an interview to talk about his new house. ... Carn points to a more recent appraisal done by the city that says the vacant home is falling apart and is worth only $35,000.
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