JUST CLOSED: TMO has $3M+ week

It was a good week at TMO Inc! TMO sold two investment properties to two separate real estate investors: $2,455,000 net leased TSC in Arkansas

and

$655,000 single family investment house in Willits/El Jebel, Colorado

Both investors purchased for the low risk cashflows and passive income that investment real estate provides. For more information on these sales or to set-up a free no obligation real estate investment consultation with TMO please email or call 1.866.539.1777

Or visit these helpful pages:

Basalt Real Estate

Willits and El Jebel Real Estate

Net Leased Property

NNN Properties

photo credit

Passive Investments: 5 Net leased deals that caught my eye

Here are 5 Net leased deals that caught my eye this past week as great passive investments.... Starbucks Weslaco, TX $1,120,000 7.5% "BBB+" Credit Rating, Out parcel to 191,000 SF Ross & Bealls Anchored Center

NNN AT&T Strip Center Raleigh, NC $4,744,800 Colliers International presents for sale the fee simple interest in a retail shopping center, Arco Commons (“Property”), located in Raleigh, North Carolina.

AutoZone Office Building Elk Groove, CA (Sacramento) $15,700,000 6.64% Autozone Net Leased Office Building Guranteed by AutoZone, Inc (NYSE: AZO). S&P Rated BBB investment In Rent Class A Build-to-Suit Completed in 2009. Mission Critical Facilty-Headquarter of ALLDATA,Wholly Owned Subsdiary of Autozone.

AT&T Zachary, LA $19,03,000 8% 10 Year Lease (2011 Construction) 10% Increase Every Five year "A" Standart and Poor Credit Rating

Whirlpool Distribution Building Omaha, NE $2,200,000 8.75% Incredible location in one of Omaha’s top Industrial park’s near 96than L street.

Contact TMO for more details on any of the above passive investments and net leased NNN property deals via email or phone at 1.866.539.1777 or twitter @andrusmorgan

Deals are a sampling of available NNN inventory from around the US and are for reference only.

JUST CLOSED: $2.6M Trailer Park in Colorado

I was going to create my own press release but the Steamboat Springs newspaper beat me to it (see below).  TMO represented the buyer KTH Enterprises LLC who purchased the trailer park as a long term income producing investment.  The park produces an annual yield of about 8.5%.

STEAMBOAT SPRINGS

Five months after it was listed for sale for $3.2 million, the Sleepy Bear Mobile Home Park on Steamboat Springs’ far west side has sold to a Carbondale couple for $2.6 million. Cheri Chartier, a representative of buyers Tom and Karen Hill, said their intent is to continue operating Sleepy Bear as a mobile home park.

The 6.6-acre, 54-lot park is immediately west of Ski Town Campground and directly across from what would have been the primary entrance to the Steamboat 700 development had Steamboat voters not rejected it in March 2010.

via Steamboat Today: Sleepy Bear Mobile Home Park sells for $2.6 million.

Will you outlive your money?

What do you fear most? Death or outliving your money? As one of their daily snapshots this week, USA Today published the results of a survey by Allianz Life Insurance Co asking 44-75 year olds "What do you fear more?  Death or outliving my money?

And the results are in….

61% - Outliving my money

39% - Death

Death may be frightening, but to a majority of older Americans, the possibility of outliving their savings is even worse.

Maybe it's me, but that seems crazy:  Fear running out of money more than death? To believe that you need what you don’t have is a definition of insanity.

My grandpa used to always say "it's just money, you can always make more" ….but he developed pancreatic cancer as a result of stress from a large business transaction gone south. So, maybe the survey is right. But fear is subjective and we are all entitled to our opinions.

I would rather plan.  As the saying goes, if there is a monster chasing you in your dream, stop, turn around and ask it "what do you want?".  Facing fears is the best way to eliminate them. In this case retirement fears.

Fear of running out of money is #1 in Sydney Lagier's  Three Retirement Fears to Conquer.  Regular savings combined with investments into secure low risk investments will help conquer this fear and alleviate worry.  It is better to plan and prepare rather than regret and repair.

Objective Retirement Planning: use a retirement calculator.  The purpose of every retirement calculator is to tell you one or both of these two pieces of information:

1. how much you need to save (usually per month) to be able to retire or
2. how big of a nest egg you must have in order to retire

So.... How much income do you need in retirement? Try this retirement income calculator

Also, try these other retirement calculators which include calculators to figure out Retirement Income, Retirement Planning, Fixed Annuities, Immediate Annuities, Long-Term Care and Social Security Benefits.

Here are Four Steps to a Healthy and Prosperous Retirement

1. Develop sources of reliable, lifetime retirement income
2. Manage your living expenses
3. Protect against things going wrong
4. Plan for a good life.

At the end of the day, happiness is cheaper in retirement especially when you have planned and have passive income from various investments. The majority of retirees surveyed by Ameriprise Financial say that after a few years of retirement, money worries fade into the background as long as you have planned.