Hey Tim

I don't know if you remember me, I haven't been around much cause I got more into the wealth building and have been doing more investing then listing and selling. I was doing an exchange recently and really looked into the tics, you do get all the same ownership advantages as far as the irs. I didn't like owning w/ alot of other owners and I have no real choice on whats going on w/ my invesment. Tough to sell out of etc...

I ended up buying a nnn (no taxes,insurance or repairs) lease property that I own myself. Leased to Auto Zone an s & p rated bbb+ company. Thats what they call a credit tenant which along w/ a long term lease ( 20years w/4 5 yr extensions )qualifys for good long term financing. Most tics I saw had cap rates between 7-8 for quality properties. I just didn't like not owning it myself. I look forward to doing more of these. I like the thought of mailbox money. I'm sick of rental repairs and taking money out of my pocket.

To me this is a fun new world and I'd love to see other posts in this site.