I once bought a house for 11k which I rent out for $850/month!

Hi Everyone,Where would you get financing if you have a brand new company that is 6 month old, but is making 100k NET Cash flow from vacation rental?

In the meantime here's a little something:Where would you get financing if you have a brand new company that is 6 month old, but is making 100k NET Cash flow from vacation rentals?

I had not hear that before he bought. 

@Edmund Yeh i have bought hundreds of auction properties and it depends on a lot of variables.

Bought a property in a neighborhood where few houses go up for sale.

Also have bought, lived in, and sold a few other properties in Waikiki, HI, San Diego, CA.

All of this is still within the free interface of podio, i have been using it for nearly 2 years now with being a realtor and have added over 10,000 contacts to my CRM workspace i created in podio...One of the main reasons i played with podio lastnight in regards to tracking my rentals over excel, was i dont know how you can add receipts and documents to excel so you can track papers per property....This is a feature i have been using heavily with the podio app on my phone lately, i have been uploading the documents when a client makes an offer to the CRM, which stores them to an organized google drive, as well on my realtor expenses side i have been using it to store all my receipts and random pictures i need to store in regards to my realtor business.. these get tagged with a date and time and i dont have to go searching for them on my google drive. 

I've also heard BP podcasts where people bought extremely low priced properties with all cash (under $50,000).

It has to be stored there for 12 months I believe and you must provide them with the location.