Maximize Profits with Smart Lenders: Real Estate Strategies by Rebeka Shadpour

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Show Summary

In this episode of the Real Estate Pros podcast, host Michelle Kesil speaks with Rebeka Shadpour, a private lender and consultant for real estate investors. Rebeka shares her journey into real estate, her expertise in navigating complex transactions, and the common misconceptions investors have about construction. She emphasizes the importance of understanding financial strategies and offers valuable advice for investors looking to maximize their returns. The conversation concludes with information on how to connect with Rebeka for further insights and assistance in real estate investments.

Resources and Links from this show:

• • • Investor Fuel Real Estate Mastermind
    • Investor Machine Real Estate Lead Generation
    • Mike on Facebook
    • Mike on Instagram
    • Mike on LinkedIn
    • Rebeka Shadpour’s Phone no.: 310-967-7779/213-761-2766
    • WealthRoad Realty, Inc. on Facebook
    • Wealth Road on Instagram
    • Rebeka Shadpour’s Email Address: [email protected]

  Listen to the Audio Version of this Episode

  Investor Fuel Show Transcript:

  Rebeka Shadpour (00:00)
  Then I realized that no, have to become something higher. So I studied to become a broker, estate broker. I learned a lot about loan. Shortly I got involved into 2008 crisis, which I realized a lot of people

  they were losing their homes, there were a lot of foreclosures all around the US. I got myself familiar with the process. I was losing my home and I become very, very eager about learning about the process

  Michelle Kesil (02:07)
  Hey everybody. Welcome to the Real Estate Pros podcast. I’m your host, Michelle Kesil. Today I’m joined by someone I’m looking forward to chatting with, Rebeka Shadpour, who is a private lender and consultor for real estate investors. So excited to have you here today, Rebeka.

  Rebeka Shadpour (02:27)
  Good to meet you, Michelle, and hello to everyone who’s listening. ⁓

  Michelle Kesil (02:33)
  Yes, I think the listeners will take a lot away from all of your experience supporting investors through their deals and helping them solve problems. So let’s dive in. First, yes. First off, for those not familiar with you and your work yet, can you share what your main focus is?

  Rebeka Shadpour (02:44)
  think lot more, could be helped.

  Yes, as we were speaking, I’m a property strategist specialist, say, and I’m still consulted pretty much. I hope we can do this aside from all the physical aspects of it. I help investors to navigate complex transactions.

  from deal structuring to capital solution and construction oversight depends on what it is. ⁓

  Michelle Kesil (03:29)
  Awesome

  Rebeka Shadpour (03:31)
  can help investors by bringing either the coming

  in the beginning of a transaction for a seamless A to Z process or when a deal hits complications, risk or stalls. ⁓

  Michelle Kesil (03:55)
  Awesome. And which markets do you operate in? Do you operate across the United States as a whole?

  Rebeka Shadpour (04:02)
  No, California, Southern California, that’s their expertise.

  Michelle Kesil (04:07)
  Awesome. And how did you get started with this?

  Rebeka Shadpour (04:16)
  28 years ago. I was very interested in real estate. I used to see that uncles and aunts, they were doing real estate and they were rich. And at that time I was a foreigner to this. I just came to get familiar with this real estate. I used to do fabric business and textile. I was familiar with designing in textile.

  At some point I realized real estate is the only way to actually ⁓ create wealth. You barely can create wealth and assets if you are doing any other business, pretty much real estate is a stable industry that you can count on.

  If you hold, I was told always, if you hold real estate for some times, then the real estate will hold you for the rest of your life. And that mentality shaped into me to…

  start focusing on it. I in the beginning assumed if I become a real estate agent I can get knowledge about it.

  Then I realized that no, have to become something higher. So I studied to become a broker, estate broker. I learned a lot about loan. Shortly I got involved into 2008 crisis, which I realized a lot of people

  they were losing their homes, there were a lot of foreclosures all around the US. I got myself familiar with the process. I was losing my home and I become very, very eager about learning about the process

  and asset managers and how is everything collapsing and yada yada yada, which at that time I started. ⁓

  getting myself approved with over 26 asset managers, all the big names, Wells Fargo, Bank of America, ⁓ SPS, Washington Mutual, all of those ⁓ famous lenders. And ⁓ shortly I learned to understand their point of view, how do they evaluate a property as a lender, what do they look at, what’s important, what is not.

  how different it is from a standpoint of a lender to evaluate a property.

  which was a broker price opinion for us at that time, it was a completely different route. The lender looks at something rather a broker who wants to sell a property to a prospect. And those learnings taught me a lot. I started doing short sales and foreclosure predictions and modifications and helping so many homeowners to…

  basically not to fall in that trap of foreclosure or to sell before they lose it completely. I was very much finding myself being successful in helping these people and finding ways for them rather just losing. And it was a win-win situation.

  I kept on moving forward, I was pushed into some properties that sellers could not afford to continue with it anymore or buyers could not. Last minute they could not get the loan to buy it. If I had the approval, then I was very much about losing my commission with the banks. So I started learning very quickly how to borrow hard money, how to put it in the property that it was.

  complete loss, save the property or do a fix and flip, just borrowing the money to fix the property, manage to do the construction, rehabilitation and try to resell it, whether for a seller or myself as a buyer or whoever was an investor who was coming on board.

  something very quick about it about myself. thought when I was doing some construction and rehabilitation of these properties I realized that because of my background being a fabric designer and in textile I had a very good sense and taste of colors and how to match.

  designs and how to expand my view and being a very creative designer in construction and working with architects and even structural engineers which was an ability that I found in myself I didn’t know before and that very much helped me to manage to be a consultant for many many friends and fellows and investors that were in the middle of construction they didn’t know which route to

  or do a fix and flip and as a broker who was and had the experience, they were asking me lot of opinions as how to make it better or how to come up with the best strategy to make the most amount of…

  And soon I found to be consulting everyone. They started paying me hourly ⁓ or hiring me for as a supervisor, as a manager, as someone who can be side by side to help them grow and get to the next step. That’s how I dived into a real world of ⁓ construction and…

  real estate combined, I would say. I have something to add. was, for example, just to give you an example, there was some properties that suffered water damage. And I would be called to even consultations right away.

  Michelle Kesil (11:49)
  Awesome.

  Go ahead.

  Rebeka Shadpour (12:08)
  This was coordinating, it was a coordination for me to relocate the homeowners quickly, working with top insurance agents and to maximize claims and working with best adjusters in town and basically redesigning the property and restore it and re-evaluate and create value and efficiency to the project.

  Exactly.

  Michelle Kesil (12:41)
  Yeah, amazing. And as you work with investors in this line of work, what do you feel that most of them maybe are missing or it’s a common misconception that you help support them with?

  Rebeka Shadpour (12:59)
  Excellent question. One of the most common is that a lot of people get into construction, they don’t know what you’re getting into. They start from remodeling one room and they turn to be…

  In terms of a disaster, just stick couple of woods around them, everything gets to be stripped down, they don’t know how to deal with contractors. Contractors can be very, very strange to work with sometimes. They promise you something and they deliver something else or they disappear in the middle of work. A lot of times they don’t deliver what they promise. They under deliver what they promise.

  Investors and homeowners, are not aware of it until they get to it. When they are in the middle of the disaster, that’s when they call us. Usually, I found it very, very productive when someone keeps us on board, when they start to even make the plans before they even permit. They look at their plans, let them know with them, especially in remote or new builds, we can tell them what could be.

  from happening in yada yada yada. A lot of times we get into multi-million dollar household families like Beverly Hills Luxury Housing. ⁓

  let’s say second or third story and they forgot to, for example, add an elevator and we just forced them that elevator is a must for this project, for this property, for this location you need it or ⁓ things like that. I don’t know, there are so many things that, let’s say LEDs or they make basement and they don’t know how to.

  how to get the most amount of light in the basement, and ⁓ we know exactly where to come on board to create a lot of lights in the basement, which makes it a whole new project, whole new flooring, whole new…

  floor as a unit. Sometimes we ADO thoughts on it.

  We just managed to come up with so many different solutions and ideas that a homeowner or a investor cannot think of. And on top of that, we helped him with how to manage to bottle.

  how to calculate where to start, how much money do they have, what’s their reserve, how much soft cost or hard cost they’re gonna face, how much of it is gonna go to waste. I mean, for example, I’ve worked with so many projects that they don’t even calculate their waste. don’t even know which it’s gonna cost them to just pay for the trash to be taken out.

  They were so shocked to spend about $150,000 just to take the trash out.

  mean, there are things that a lot of people commonly assume they know, and they don’t know. A lot of signals.

  Michelle Kesil (17:03)
  Yeah, absolutely. I think people don’t know until they start.

  What advice would you give to investors that you have to kind of maybe something that you’re always repeating or warning people about?

  Rebeka Shadpour (17:23)
  Let’s talk about long-term benefits and partnership if you work together. Ultimately, my goal is to protect your investment. This is my work to investors or buyers and maximize the return basically. I’m here for the goal of

  I’m here for long haul, ensuring that every project is a success from start to finish.

  I’m just letting you know that I don’t just plan, I also manage and oversee the execution. My network of trusted contractors, partners, even sometimes we need to do much bigger projects. use union workers if we needed to with a large project and for smaller projects we use mom and pops that we know.

  to the point and finish the job. again, Obai Network is of trusted contractors. Efficiency and every step will help you to know what is the next step. And security, peace of mind. ⁓

  Michelle Kesil (18:49)
  Yeah, absolutely. And are there like specific types of projects that you normally work with or it’s a wide range? What’s kind of the project style?

  Rebeka Shadpour (19:00)
  Mostly single family residents. That’s our cup of tea. We pretty much know how to zing over single family residents. ⁓ Every aspect of it. have our architects, structural engineers, supervisors, superintendents, everyone lined up if it’s needed for a homework project. ⁓ We also do ground up ⁓ projects.

  Even as an added project we did some dental offices for luxury dentists. they wanted us, we do the management of creating the dental office and also managing the procedure and so many other things from loan to ⁓ operating regularly.

  Michelle Kesil (20:00)
  Yeah, amazing. And so what kind of suggestions would you give for investors when it comes to maybe ⁓ the financial aspect of it? Because I know that you do the lending piece.

  Rebeka Shadpour (20:19)
  you

  You have to look at the diff. And I would suggest you don’t fall in love with the property but fall in

  It is very very important that you make your profit when you purchase the property knowing exactly which direction you going and as far as borrowing, sometimes you find a deal that is falling on your lap. You may pay some higher interest on a short term base. the hard money.

  you right there and then if it’s a cash deal don’t lose the deal. You can always refinance later and we can always help you so we can help you to borrow immediately without hesitation as long as there is a value in your property.

  Maybe sometimes close the deal in five days, which no one else can do within the industry. You’re very well aware of the valuation. And to make it even better, I suggest…

  If you are looking to navigate the complex real estate deal smoothly and profitably, let’s connect and explore how we can help together and help you work together.

  Michelle Kesil (22:02)
  Yeah, absolutely. And are you working with investors outside of California as well?

  Rebeka Shadpour (22:10)
  We usually land in California, Southern California, especially sometimes Northern, but we are mostly landing here.

  Michelle Kesil (22:13)
  Mm-hmm.

  Okay, great. Well, before we wrap up here, if somebody wants to reach out, connect, learn more about what you’re up to, where can people find you and connect with you?

  Rebeka Shadpour (22:34)
  Right here the phone number I can offer would be 310-967-7779. That’s the phone number of the office. I can even provide a cell phone number for a quick text. 213-761-2766. You can always reach us by e-mail.

  email.com. T-R-Y stands for trying. W-R-I for wealth road royalty Inc. And that’s a respond that you can get from us. Website wealthroadinc.com and we’re also on Instagram wealthroadinc.

  Michelle Kesil (23:41)
  Perfect. Appreciate your time and your story. Thank you for being here.

  For the listeners that are watching the show, if you got value, make sure you have subscribed. We have more conversations with operators like Rebeka who are building real businesses and we will see you on our next episode.