Archive for September, 2007



“There is more to life than increasing its speed”

Thursday, September 20th, 2007

When I was a kid I wanted time to go fast because I wanted to be a grown up

When I went to school I couldn’t wait to graduate and get busy making the big money, I wanted time to go faster.

When I fell in love, I wanted the relationship to move forward as fast as possible so I can get to know this wonderful person. She soon became my wife and best friend.

When I started investing, I saw that residential properties could double in value every 10 to 15 yrs depending on the economy and the location, so I wanted time to go even faster so I can pay down my debt and grow my net worth

But, when I finally got into commercial real estate and started understanding and applying the concepts that I eventually patented, I realized that I can finally slow down and enjoy life. Concepts such as taking a property to its highest and best use and by doing so I increase the property’s value dramatically and instantly. Or bringing a Tenant with a great credit and signing a long term lease with steady escalations and a strong guaranty.

These and other great concepts created a dramatic increase in my net worth and a growing positive cash flow. But most importantly it gave me financial peace of mind.

It’s a great feeling to know that you have a steady growing income, assets that are safe, tax deductions, no management hassles, and no exposure to liability, and best of all no problems passing the wealth through to your loved ones.

I say to you: “There is more to life than increasing its speed”. There is living and feeling alive. You must learn to accept and enjoy life’s challenges and opportunities as they come. Life is a game and the winners are those who know, accept and play by the rules.

Once you get trained in commercial real estate, you become more effective in your judgment and less effort produces more results.  

Many people told me that they started to enjoy life a lot more once they gained control of their finances. It allowed them more free time, better relationships and increased health and vitality.

My goal is to continue inspiring and empowering the members of the Institute of commercial real estate to reach a level of financial freedom and peace of mind. A level of success that compels people to count their blessings by giving back, contributing more and living life to its fullest.

That feeling is achieved when you are able to enjoy the abundance around you, grow and give back by contributing to others. Now that’s living!

“Knowledge is the basis of your margin of safety”

Thursday, September 20th, 2007

How can you as a member figure out your confidence level, comfort zone and investing style, to achieve your financial goals without leaving your margin of safety?

There are mainly three types of investors:

The conservative-The moderate-The aggressive

And there are three ways to invest in real estate:

Buy nothing (just assign your contracts and deals to receive an assignment or finders fee)     

Buy and sell (do partnerships and split profits with members who bring money or credit)

Buy and hold (get loans-Either bridge loans and refinance or permanent loans at good terms)

Once you understand that, the lack of resources becomes less of an obstacle:

No Money-No Credit-No Time-No energy is no problem.

Choosing the right strategies and being resourceful become the keys to making it big in commercial real estate investing:

Knowledge, Training, Support and Network are necessary for your success.

I founded the ICRE to offer the resources that each member needs to succeed in this business:

We start with a three days live training to make certain everyone is clear on my patented system of how to Find, Analyze, Control, Time and Strategize.

Members are given access to the tools they need to conduct their business successfully. The legal forms, contracts, leases etc. are made available to everyone.  

The training is followed by a full year of access to our expert team of support advisors. We also offer financial conventions and an on line platform on ICRE’s proprietary website for all members to network together and share and/or offer deals to one another.

It is not in the speed with which you move, it’s in the certainty with which you advance” that has been my motto since day one. You see, it does not take 100 deals for you to be rich, in commercial real state, a hand full of well selected properties, can set you free for life. You do not need to go outside your comfort zone or get involved in transactions over your head, as a member, you need to focus on increasing your knowledge, your safety margin and your contacts.

Use the resources of the Institute of Commercial Real Estate and walk your way to wealth with certainty and confidence.

Wishing you the best as ever,

Cherif Medawar

Founder of ICRE

What properties are best for assignment using the Network?

Sunday, September 2nd, 2007

Assigning deals and profiting from the Network of graduates of the Institute of Commercial Real Estate are some of the great benefits not offered by any other company.

Here are two questions that came in from a student and I think the answers are worth sharing with everyone:

Q1) For my first deal, consider me the conservative investor with no money. How do I get a commercial deal in contract?  Is the letter of intent enough?  If not, what else is needed to tie up the property while doing due diligence and lining up another buyer?

You can use a Letter of Intent (LOI) and to assign you can use the “Non-Circumvention agreement” or write a contract and assign it. You will lean all that in the live three day class. To line up another buyer you will be exposed to the network platform for my Institute, so you can post what you’ve got and other members will contact you directly.

Q2) What are some the criteria I should be looking at besides a 10% cap rate to make the deal lucrative to someone I would want to assign it to?  List some of the criteria that you would be looking for if I wanted to assign a commercial deal to you.  If I did find a property with those criteria would you do the assignment regardless of the state the property is located in?

The 10% CAP was just an example I used for ease of calculation during my presentation. Cap rates maybe as low as 6%. It all depends on the quality of Tenant and lease written as well as type and location of the property.

The criteria required for a successful assignment is to find a property that has a potential for better use. That difference of highest and best use potential is what will improve the cap rate and will create a major interest in the network of other members.

Many members can easily offer you an assignment fee if they see the potential of taking over the property and increasing its value immediately.

The three days live class goes over these types of opportunities extensively. My CD’s of my intensive commercial real estate training go over 12 methods to increase a property value by improving its net operating income. 

Do not to select a property that is already operating at its highest and best use, there is no more potential of increase in value in such a case maybe until the lease expires. It will be harder to assign it. This type of property maybe easier to sell it to another member who is doing a 1031 exchange and maybe looking for the perfect hassle free great tenant in a great location property with a NNN lease. But the focus is about assigning the first few deals to have enough money to move forward and purchase properties yourself.

Again all is also covered in the 3 days live training held nationwide, so make the most out of it and then use the support and the network lines to make certain you get your first deal dine. The second gets easier the third becomes routine.

Wishing you much success,

Cherif Medawar

Founder of ICRE