You're the business that keeps accepting overqualified applicants for key positions and keeps losing them to headhunters because they have so many options other than working for your stingy self.So I guess my slumlord bonafides are now fully on disply with this post, but I'll continue treating my tenants like human resources to be fully exploited to the best of my abilities (just like a corporation), and you can keep on looking for exemplars of the finest past conduct to fill your vacancies (people whose next step is buying a house when they get sick of renting, with their good credit and excellent record), and we'll both do well in our market segments, you in your clean Canadian suburbs, me in my Rust Belt ghetto cesspits.Frankly, if I had a tenant applicant show up with the kind of clean record you're looking for where I own low-income rental properties in the 'Burgh, I'd immediately suspect identity theft.

I’d like to conduct a background check on potential renters.

Conducting fix n flips should be owned through an s-Corp while rental properties should be held in an LLC.  

I am aware of wholesalers that try to make the deal into a "win-win" for both themselves and the seller, and in speaking with them I think this can actually be a potential competitive advantage.I'm relatively new to BP and still 'researching' how the majority of wholesalers operate, but it seems to me that real estate purchase option agreements are a more elegant way to conduct this type of business.I'm in the process of trying to put together a blog that, hopefully, will allow me to demonstrate this. 

I first however verify income requirements and conduct a throughal phone screening.

@Nicole Richards Many of the answers you are looking for can be found here: How to Effectively Conduct Joint Venture Agreements as a Real Estate Investor596231-how-do-i-properly-construct-a-purchase-with-a-partnership591376-create-an-llc-for-first-partnership-best-way-to-do-so526244-taking-on-partner-s-and-limiting-our-liabilitesGood luck!

Keep a few things in mind: 1) Some lenders do have a 'seasoning' period, although mine was only 6 months and it wasn't an issue for them; 2) Your lender WILL conduct an appraisal (which you may or may not have to pay for depending on lender) to determine a new, current value; 3) They will lend an amount to you based on a total LTV (loan to value).

The problem with that is they are trashing the place they are conducting illegal activity they are not even real tenants !

You can conduct the RE activity on your own name to qualify for the deduction.

Hi there, Can someone kindly help me, i'm trying to figure out how to conduct a search on the forum using certain words but i can't figure it out to save my life?!