All Forum Posts by: Cory Bittick

My Team deals mostly in Wholesaling, but I definitely agree with some of the other guys in here about a large percentage of wholesalers. Many Wholesalers do not conduct themselves with healthy business values that are vital in the growth of their business and nurturing relationships. I've seen a lot of Wholesalers that market contracts at unreasonable prices, inflate ARVs, underestimate the repair costs, and can be just plain lazy when it comes to doing their due diligence. There are many Wholesalers out there, that their main marketing strategy is to just find and repost other Wholesale deals all day (Some people support that strategy, but I find it kind of indecorous). With that said, great Wholesalers are out there... sometimes you may just have to navigate through the rough waters to find the islands with the most fruitful trees. Unless you're reading this post... 

My Team has made it a mission to always conduct our business as a Tier 1 Reputable Wholesaler. We work diligently to find honest, sensible, and profitable deals, where everyone can win. -Cory Bittick / Houston, TX

Many of you using Podio may have noticed that your Google Street View Map has stopped working recently! You're probably getting an error that looks like this...

I did some quick research and it turns out, that Google has recently made some changes. It seems you must now have API(s) set up via Google Cloud Platform in order for this to work.

See this link to set it up: https://cloud.google.com/maps-platform/user-guide/...

To fix this in your Podio, or other CRM, you need to do the following.....

Google Maps API Set Up:

1. Initiate your Google Cloud Platform by clicking the I posted above. (Here it is again: https://cloud.google.com/maps-platform/user-guide/... )

2. Create a New "Project" and add the "Street View API"

3. Set up Billing for the new Project (In the Overview section at the bottom left)

4. Select APIs from the Dashboard on the left and then select "Street View API" to open the API details

5. Click on the "Credentials" tab and then click the "Create credentials" button (If given the option, create credential as an "API Key")

6. Copy the API Key

Podio Fix:

1. Go to Modify Template in the application where your Google Street View Map is.

2. Select that field and change it to the following: 

If you want to copy and paste:

var prop = @Formatted Address;

"![alt-text](https://maps.googleapis.com/maps/api/streetview?size=600x300&location=" + prop + "&fov=70&key=YOURAPIKEY)"

*Note:

-Where it says, "@Formatted Address", you will need to replace it with the field that references the property address.

-Where it says, "YOURAPIKEY", you will replace it with the API Key that you just created from your Google APIs Page.

I hope this helps some people out. Feel free to reach out to me if you have any questions.

--

Cory Bittick | Founding Partner

Linchpin REI, Inc.

Does anyone know how to create an automation that will pull property comps from Zillow and put them into your Podio automatically?

It would look something like this...

Lead property address is input in Podio, then Zillow feeds back any comps from their site and puts them in that lead file on Podio.

@Stu Wann Thanks for the reply. Yes I will be purchasing it with financing. Ahhh gotcha on the FHA ordeal. I'm still new to the whole process and learning. I will look more into that. Yes I have money for the down payment. But, the mortgage lady I spoke with, said because of the equity I would have, if not pulling out the loan for the full amount, I would not need to put a down payment. But either way, I do have money for a down payment.

No, I would not be refinancing it... just financing it. My parents are selling it to me only for what they owe on their mortgage (80k). Then I'm trying to decide how much more I should take out on my loan, to reinvest into purchasing an additional property. I think I may see what you're saying though... maybe I'm confused with how the process works.

I'm not sure what my cashflow will be yet. I'm sitting down with a couple experienced real estate friends next week who are going to help me figure that out. I'm just trying to learn as much as I can now since this has to happen next month. You guys have been a great help. I love the BiggerPockets community

@Scott Weaner no they need to sell it

@Autumn Rankin thank you!

@Abdul Shishi I will look into any tax ramifications. Thank you for the reply. I definitely won’t blow it! What do you mean by you “don’t like my eagerness in wanting to do something”?

@Zach Quick I can’t move into it because it is North Houston and I live in and work way south of Houston. The rent will go for about $1,800. It’s in a good neighborhood.

I have an extremely rare opportunity to jump start my real estate investing goals. I'm getting a STEAL of a deal. My parents are moving out of the country and are selling me their 220k (market value) house for 80k. My question is, what would you suggest I do? Leave 20% equity in, and pull out around 175k to pay the 80k to them and have 96k left over to reinvest? Or pull out a loan for less and retain more equity in the house? Also, this will be a RENT house. My wife and I will not be living in it. What kind of loan should I go for? FHA? It's in Houston. -Cory Bittick

Greetings Biggerpockets community! I'm getting a STEAL on my first investment property. I'm 28 years old, I've got a great job, I've read all the good books, I've got the right mindset, I've listened to about 150 episodes so far and I'm ready to embark on my real estate investment journey. It's time for me to take 'massive action'. I'm also a Veteran Marine.

My first property: Long story short, I'm basically purchasing my parents house, because they're moving out of the country, at a big discount and will be renting it out. The house has a market value of about 220k and they're selling it to me for 80k (just paying them what they owe on the current mortgage). So... instantly I will have about 140k in equity. I'm ready to buy the house next month (June 2018).

I'm considering pulling out about 75k extra, on top of the 80k, to put into another investment. There's just so many avenues I could take, I'm finding it hard to pick out which one to go down. Single family, multi-family, mobile homes, storage units, etc... I'm looking for some input and/or comments on what some of you extremely successful investors would do in my shoes. I'm not afraid to get my hands dirty and work hard to create an unearned income machine for myself.

Any advice on the best way to go about purchasing this property? Best kind of loan / mortgage I should get?