Tripe Net (NNN) Rent Explained

What is triple net rent or N-N-N? Triple net rent, or N-N-N rent, is a type of commercial lease agreement where the tenant is responsible for paying all the operating expenses of the property in addition to the Base Rent. The operating expenses include property taxes, insurance premiums, and maintenance fees. This means that the tenant is responsible for all the costs associated with the property’s operation and upkeep, and the landlord is only responsible for the structural components of the building. Triple net rent agreements are commonly used in commercial real estate leasing situations where landlords want to pass the property’s expenses on to tenants without having to manage those expenses themselves.

Read More

Celebrate MLK Day the Austin Way!

Once again, the Austin Area Heritage Council has organized the annual Martin Luther King Day Celebration and activities. The Annual Community March is a celebration of Dr. King and his legacy while promoting the importance of multiculturalism and diversity within Austin. This year’s celebration includes the march, the community festival, and a food drive.

Read More

Austin Women Trailblazers

Bisnow is honoring Austin’s most influential trailblazers - Top-level women executives and industry powerhouses who influence the way commercial real estate is done in ATX. Read the article full of quotes by our Founder DeLea Becker : “Building The Plane While Flying It”: Women In Austin CRE Are Soaring

Read More

Less than 3% of Commercial Real Estate is Owned and Managed by Women

According to research by BiggerPockets, women represent less than 2% of commercial real estate investors. This figure is surprising given that more women own and manage their own businesses today than ever before. Commercial real estate is an asset class that offers tremendous potential for growth, especially when you consider the current market conditions. However, most women are not investing in commercial real estate for one main reason: lack of knowledge about how it works and how they can get started investing. But this isn't true for Women In Commercial Real Estate. For Women in our profession, investing is squarely in our Circle of Competence.

There is potential to create $1 trillion dollars of value for women in commercial real estate by 2025 if we start investing like men. It's a $3.5 trillion dollar industry, and it's the largest one in the world.

Read More

Real Estate Market Niche Show Featuring DeLea Becker

If you have not already, you should check out the Real Estate Market Niche Show, hosted by Benjamin S. Kogut. The podcast features real estate powerhouses innovating the real estate industry across all relevant niches. Benjamin allows these professionals to give insight into their journey in real estate and through their expertise and experience, extend valuable information to listeners. Wednesday, August 17, 2022, our very own DeLea Becker will be featured on the Real Estate Market Niche Show. You won’t want to miss this episode and some insightful gems on the commercial real estate industry from the “Queen of East Austin”.

Read More

1031 Diary II: Boost Mobile, 4403 W. Commerce

We acquired 4403 W Commerce in December of 2020 after selling 2707 Rogge Lane. The Rogge property was an East Side shopping center near the Mueller that required a gut renovation. We had it leased up and were working through our redevelopment plans when Austin’s growth out-paced us and a bigger fish came with an offer we couldn’t refuse.

Similar to our 8808 Barker Cypress acquisition, we felt like we could sell high in the Austin market and move our gains into a safe and stable NNN investment elsewhere.

Read More

Exclusive Insights from Globe St. Women of Influence

“I like money. I do, I like numbers, I like negotiating, I like the challenge of turning a no into a yes. I really do like money. I like knowing I have it, I grew up in a house where there was never enough. Raised by a single mom OnlyParent. Not going to sit here and tell you I only do what I do to take care of other people. Because it is OK to do it for ourselves. For how it makes us feel. Secure - yeah. Powerful - Absolutely. I am so glad that it is finally acceptable for women to talk about AMBITION openly. But don’t let money be a dirty word. We can like that too”

Read More

Beck-Reit is BUYING! Send Us Your Listings!

Feasibility is about to expire on the sale of our fully-leased, 20,000sqft Warehouse in Creedmoor, TX, which means we've got nearly $2M cash to place in a safe NNN investment.

We're willing to go up to $4M for the right property... send us a winner and we'll show you the money!!

Purchase Requirement:

  • NNN Lease, Long Term Lease (5 year +)

  • Strong Tenant (Community Oriented, Recession Proof Industry, Solid FInancials

  • New Construction (2015-Present)

  • Austin/San Antonio/Dallas/Houston Location

Read our latest BLOG POST to get the full scoop on our risky warehouse play, how we turned the opportunity into a BIG SUCCESS, and how we plan to #protectthegain given our history of 1031 Exchanges.

Read More