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Sep 26, 2022

Ruben Izgelov has quickly become a renowned real estate expert, speaker, and guide for many professionals in the industry. The most prosperous time in Ruben’s career was during the 2009 financial crisis; during this time, he bought, fixed, and sold distressed properties, which showed his determination in both bullish and bearish markets. After using private money financing, himself, he quickly saw the innovation desperately needed in the private lending space. He decided to spearhead it by co-founding We Lend, LLC (a private lending platform).

 

In this episode, Ruben shares his journey into real estate and how he became interested in the field at a young age. He believes that real estate is a great opportunity and he’s using passive income strategies to make money in the market. He discusses his current investments and the types of borrowers he’s looking for, and he offers his advice on how listeners can find success in the real estate space as well.

 

 

[00:01 - 04:55] Opening Segment

  • Ruben is a real estate investor and loan officer who has been in the real estate industry for over 20 years
  • He attended law school but decided to pivot and go back into real estate  

 

[04:56 - 16:47] Preventing A Foreclosure Through Underwriting

  • Ruben discusses how a debt fund can be beneficial to those looking for both capital and operators
  • How his company is focused on lending money to experienced operators who are looking for a stable investment with high returns
  • He shares that his company is always onboarding limited partners and focuses on a deal that has upside potential and is recession-resistant
  • Underwriting is more important than ever
  • Reducing exposure allows for more equity in the event of foreclosure
  • The tax benefits of a self-directed IRA
  • He shares his experience at a networking event

 

[16:48 - 20:39] Closing Segment

  • Ruben shares that investors should be aware of current trends, including volatility, and be mindful of where their money is invested  
  • Ruben shares where you can get in contact with him (links below)

 

Quote/s:

“Underwriting is more important than ever. It's not a matter of making sure that you can foreclose on a property, it's a matter of preventing foreclosure.” – Ruben Izgelov

 

You can connect with Ruben through his: 

Website: welendllc

Instagram: welendllc

Facebook: welendllc

LinkedIn: welendllc

 

 

WANT TO LEARN MORE?

 

Connect with me through LinkedIn

 

Or send me an email at sujata@luxe-cap.com

 

Visit my website www.luxe-cap.com or my YouTube channel

 

Thanks for tuning in!

 

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