Re:Ask HN: What was your best passive income in 2016?
by chipperyman573 on Sunday December 11, 2016 @04:28AM
(#13150313)
As the property owner, aren't you responsible for maintenance etc?
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Re:Ask HN: What was your best passive income in 2016?
by kornholi on Sunday December 11, 2016 @04:39AM
(#13150350)
In the commercial world, NNN (triple net) leases are popular. The tenants take care of property taxes, insurance, and maintenance, so it is a good passive investment since you don't have to worry about operating expenses.
Re:Ask HN: What was your best passive income in 2016?
by antr on Sunday December 11, 2016 @04:35AM
(#13150337)
Contractually, day-to-day maintenance, no. Any extraordinary maintenance (a water pipeline bursts, electrical problems, etc), yes; but that would be covered and taken care of by the insurance company.