All Forum Posts by: Sebastian Marroquin

Recommended: to talk to a drafter/ architect and contractor before you embark on this. Of course, while you talk to a lender and realtor also. 

Information from all these people will help you here. 

The drafter will tell you what the expected timeline for design will be, timing for permits with city, what the lot and zoning allow you to do… etc 

The contractor : has to be someone that knows how to do the work (experience), is not too expensive so that the investment makes sense at the end, but is also not unrealistically cheap, to the point that they won't finish the project or they will simply run off with your money… Assuming you have an honest and experienced well priced contractor, then they will give you an understanding of costs for the entire project (a ball park bc you won't know 100% until you get RTI permits from the city (approval)). 

You need the same caliber from the lender and Realtor. They have to be able to guide you through the purchase and financing. The ARV for the property or the rental rates once done if you plan to keep the property. Many moving parts here… GOOD LUCK

are you looking for your next project ?

yeah… :) 
2100 sq ft in Pasadena listed for $850k 

That will go probably higher than $1.2 (unless they choose a lower offer just bc its cash). 

2nd home crawl scheduled for April: check for the meetup and RSVP for it! Saturday (2 properties) Highland park and el Sereno 

Hello all! We had a great time at the 1st Home Crawl of the year! We went to 3 properties and had about 20 people show up! It will be cool to see the progress for both homes! We should be done or almost done with the first home in Highland Park and really advanced with the new construction lot in the city of El Sereno! 

We will see progress! We will discuss numbers (estimated rents, value added, timeline for permits, construction and city process). 

Come meet some people, network, learn something and stay onto of the market! 

We will meet at 11am : message below this with your email so that we can send you information as we get closer to the event! Invite a friend or family member! The more the better. 

(please respect the client's home and only go into the ADU area) Thanks. Looking forward to meeting you!

Sebastian Marroquin 

626 375 6744 

cell number 

Property crawl this Sat. Feb. 10th 2024

Start time: 11am (get there 15 mins before to find parking). 

1004 Farnam Highland Park 90042  (text me if you have questions: 626-375-6744) should be fun! 

 click one the link above : for the meetup page and rsvp on there please! 

Can everyone see these messages? 

Can you like this message if you can please. :) 

I plan to send a message on here with the first address. 

Sebastian Marroquin 

if you don't have the first address a day before the event please dm me: I'll take a look at my messages the night before by 7pm. 

The crawl will be for Feb 10th : 11am start time. It is crucial to be 10 mins early bc of parking and bc we will only be at each property about 30 mins. 

Looking forward to meeting everyone there! 

https://www.biggerpockets.com/forums/521/topics/1166981-property-crawl-3-locations-meeting-in-highland-park 

 https://www.biggerpockets.com/forums/521/topics/1166981-property-crawl-3-locations-meeting-in-highland-park