Need some tax tips probably obvious to you but not to me.

If you are an agent or have helpful tips for new agent and investor, I’d love to connect! 

Does anyone have any helpful tips of how I can achieve this goal?

I am also looking for mortgage investing tips in general as it seems like a good investment when due diligence is done. 

Property owners still need to keep the common areas lights on, still need to pay for water in certain places, pest control, landscaping etc... 

Those are the only tips I can provide.

Pest Control 7.

Hi Reggie,Maybe the Salon business just isn't for you.You could always call a Business Broker and ask how much you could get for it if you sell it (and what a good going market lease rate would be for a salon of that business amount).If the correct person owned it, maybe it could make a lot of money and be a good tenant.Also, it would be intelligent to run the idea by your Tax CPA (who knows your books for the Salon and for the rental part of the business) first to see what the tax impact would be of a sale like this.Maybe for the right person--who YOU THINK could make a success out of it--(such an already established successful salon owner with other locations), an OWC might sweeten the deal.And if you sell it, be sure to tip the girls good when you go in for your haircut--because you're no longer the boss--you would just be a rich landlord customer.Good Luck!

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I published an article on the BiggerPockets blog yesterday with 7 lessons I learned as an investor who owned properties (flips, rentals, notes) going into the 2008-2009 recession. For most of the lessons, I have the s...