Rental Tips, Insights, & Property Stories

What’s included in a triple net lease, and what makes it different from a gross lease or a modified gross lease? In this article, we cover everything you need to know, as well as what to consider before adding one to your portfolio. 

A lessee is anyone – an individual or a business – who rents or leases property from another party, known as the lessor. In this guide, we’ll break down exactly what it means to be a lessee, how it’s different from being a “renter,” and what responsibilities and rights come with the role.

A strong customer renewal rate is one of the most important metrics in the business of renting homes. If you’re not actively tracking and working to improve it, you could be leaving money on the table every single month. So, let’s dive in!