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All Forum Posts by: Juan Carlos Quiroz Zolezzi

Juan Carlos Quiroz Zolezzi has started 1 posts and replied 107 times.

Post: Newbie from Pasadena, CA

Juan Carlos Quiroz ZolezziPosted
  • Lender
  • Upland, CA
  • Posts 112
  • Votes 27

Hey James,

It was great meeting you yesterday, it was a cool presentation, hope you enjoyed the presentation and the club.

I try to be at Bill's meeting every month but sometimes life gets in the way.

I'll see you around. Cheers!

Post: What happened to my $30,000 profit?

Juan Carlos Quiroz ZolezziPosted
  • Lender
  • Upland, CA
  • Posts 112
  • Votes 27

lol, that's what I thought, the brick, layout and grass did not seem to Arizonian...

Post: New to BiggerPockets. Realtor from Los Angeles

Juan Carlos Quiroz ZolezziPosted
  • Lender
  • Upland, CA
  • Posts 112
  • Votes 27

Hi there,

Welcome to BP, this is a great website and resource for all types of real estate investing.

Are you looking to flip properties in those same markets you are talking about?

Beverly Hills, Bel Air, Trousdale, Holmby Hills, Bird Streets and those types of area.

Cheers! see you around...

Post: What happened to my $30,000 profit?

Juan Carlos Quiroz ZolezziPosted
  • Lender
  • Upland, CA
  • Posts 112
  • Votes 27

Hi Matt,

Yep, in the first flip we normally have a tendency to over do it and not stick to the rehab budget and with that a big portion of our profits go to the rehab budget, but no worries, pay more attention on the next one and you should do better.

By the way, is that property in Phoenix?, it does not look like the typical property in Arizona.

Also, we are looking for deals in Phoenix, are you wholeselling there? sent me a PM to connect.

Post: New Member from Los Angeles

Juan Carlos Quiroz ZolezziPosted
  • Lender
  • Upland, CA
  • Posts 112
  • Votes 27

Hi there,

Welcome to BP, this is a great website and resource for all types of real estate investing.

I suggest you do a lot of research here, do not spend a lot of money with coaches, it would be much better to put that money to work and learn from experience.

Additionally, there are many real estate clubs out there, visit them, select your favorites and meet other investors working your area. You can find info on clubs here and also you can look at meetup.com. Networking is key to success.

Cheers! see you around...

Post: Paralegal/Investor Intro

Juan Carlos Quiroz ZolezziPosted
  • Lender
  • Upland, CA
  • Posts 112
  • Votes 27

Hi there,

Welcome to BP, this is a great website and resource for all types of real estate investing.

Our company is a full real estate investment operation, we buy and sale, we own rentals and we also lend money to other Real Estate Investors. Our office is in downtown Upland, very close to Pomona. Let me know when you are in the area.

I suggest you do a lot of research here, do not spend a lot of money with coaches, it would be much better to put that money to work and learn from experience.

Additionally, there are many real estate clubs out there, visit them, select your favorites and meet other investors working your area. You can find info on clubs here and also you can look at meetup.com. Networking is key to success.

Cheers! see you around...

Post: I'm New and I am A College Student In Los Angeles

Juan Carlos Quiroz ZolezziPosted
  • Lender
  • Upland, CA
  • Posts 112
  • Votes 27

Hi there,

Welcome to BP, this is a great website and resource for all types of real estate investing.

I suggest you do a lot of research here, do not spend a lot of money with coaches, it would be much better to put that money to work and learn from experience.

Additionally, there are many real estate clubs out there, visit them, select your favorites and meet other investors working your area. You can find info on clubs here and also you can look at meetup.com. Networking is key to success.

As others have mentioned, try to get a job in something related to Real Estate, property management, real estate sales office, mortgage broker, etc etc. That will give you very good experience.

Cheers! see you around...

Hi Eric,

We use Urban Construction for all our rehab and repairs. Talk to Mac at (909) 732 7434. He is a licensed general contractor that works for real estate investors in all LA, Riverside, Orange and Inland Empire.

Good luck, cheers

Post: Real Estate Broker and Architect from California

Juan Carlos Quiroz ZolezziPosted
  • Lender
  • Upland, CA
  • Posts 112
  • Votes 27

Hi Kinga,

Welcome to BP, this is a great website and resource for all types of real estate investing.

Our company is a full real estate investment operation, we buy and sale, we own rentals and we also lend money to people to buy and sale and those who own rentals.

If you have any deals right now or if you want to touch base as to what parameters we look at, please shoot me an email, see my address below in the signature.

@Cynthia Carmona

There are many real estate clubs out there, you can find some listed here in BP or you can also look in meetup.com. This week (tomorrow) is Bill Tan's RE club in Arcadia (right next to you), check it out here:

http://www.meetup.com/Los-Angeles-Asian-Real-Estat....

Cheers! see you around...

Post: solar roof for flipping?

Juan Carlos Quiroz ZolezziPosted
  • Lender
  • Upland, CA
  • Posts 112
  • Votes 27

Hi Devin,

Of course there is a catch... no matter who says what, the system will cost money and so will the installation and someone has to pay of it... either up front, during a period of time or at the end.

If you are not paying for it up front then when you turn around to sell the house the buyer will have to pay for it and this has caused a lot of buyers to lose interest. Lenders also don't like to see these liens so even if the buyer wants it their lender may not.

Maybe when you sell the house you can pay it off, with or without prepayment penalties, but if this is the case do the math to make sure this improvement is worth it on your fix and flip project, it may not pencil out, it normally doesn't.