{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Alt Investing Made Easy","title":"#73: Is Triple Net Real Estate the Safest Cash Flow Strategy Right Now?","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/e11151e5\"></iframe>","width":"100%","height":180,"duration":2018,"description":"In this episode of Alt Investing Made Easy, we sit down with Ben Kogut, founder of Rooster Equity, to unpack the mechanics of triple net lease investing and what disciplined capital allocation actually looks like in today’s market. We explore how conservative underwriting, preferred returns, fund structure, and tenant strength work together to produce durable cash flow. For mid-stage investors actively deploying capital, this conversation demystifies deal design, risk containment, and scalable syndication strategy—without hype, and without shortcuts.\n\nMeet our Guest: Ben Kogut, Founder at Rooster Equity Partners\nConnect with Ben on LinkedIn: https://www.linkedin.com/in/benkogut/ \n\nTop Takeaways\nCash Flow from Day One Matters\nRooster Equity prioritizes properties that can immediately support an 8% preferred return—reducing reliance on speculative appreciation.\nTriple Net = Operational Risk Transfer\nIn NNN structures, tenants pay taxes, insurance, and maintenance—simplifying landlord risk and improving income predictability.\nUnderwriting Discipline Wins Cycles\nConservative leverage, long-term leases (10–20 years), and strong tenant unit economics are central to downside protection.\nFund Structure Impacts Risk Exposure\nInvestors must understand multi-asset vs. single-asset exposure, cross-liability considerations, and liquidity provisions.\nCapital Raising Is Education, Not Selling\nLong-term capital formation is built on transparency, generosity, CRM discipline, referrals, and consistent communication.\n\nNotable Quotes\n“Raising capital is a full-contact sport.”\n“It takes just as much work to do a $10 million deal as a $1 million deal.”\n“We buy deals that are cash flowing on day one.”\n“Every component of our deal is designed to be conservative.”\n“How many widgets does this business need to sell in order to pay the rent?”\n“Money is energy. We’re stewards of that energy.”\n“Generosity and gratitude are what sustain this business.”\n“It’s not my choice whether someone...","thumbnail_url":"https://img.transistorcdn.com/LRmjFD7B2XE6nauuqtKVlHJ8laRnB1t6TlfmXm8-SIs/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xM2M0/ZWEzYjE3YTQxMjVj/M2E2MDg5MzM3MDY4/MjI4Zi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}