claudia t Bkt
map-marker Decatur, Texas

The institute of commercial real estate are fraud

On the Saturday 27th of September of 2008, I purchased a training package from the institute of commercial real estate, the cancellation notice says that I can cancel within 3 days. I cancel on Monday 29th of September of 2008. When I cancel, I was told to wait 10 days for the money to be refunded. I should of got my money on the 13th of October 2008 but I did not. I called and talk to Beatice Lebron she said she was going to look in-to it and she never did. Finally after so many attempts I asked to talk to a supervisor and they transfer me to Karen Church. She was rude, she has no intentions on refunding me my money nor helping me resolve the issue. Karen Church is the most unethical, rude, and unprofessional supervisor I have ever dealt with. I am tired of dealing with her, and I have decided to deal with Cindy another rude representative from the company. I am so distress that this company are stealing people’s money and when customers contact them they are not willing to help them. I want my money back, I do not want a phone call saying that is on its way. It is not too hard to process a refund, but Karen and all the people working on that company are so unethical that do not care about their customers. They should not be in business, it is not fair to be treating people like that. I cancel on-time, I requested my money back, they said that it is in the process since the 29th of October of 2008. I am tired of dealing with them and been treated like a second class citizen. Every time I contact them they say that I will get my money, they are liars, scammers and thefts. All I want is my money back, Karen Church to be fire or the company to be shut down. I do not believe that people like them should be in business taking advantage of citizens and treating them like bad.
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Loss:
$2995
2 comments
Guest

I took the training despite the few bad comments and I can vouch that it was incredibly well organized and presented by the founder himself

Excellent job and kudos to him for not wasting his time worrying about the negative people out there

Guest

The above person received his refund if full and also kept the DVds, all the material and some CDs (who is the one committing bad action here?) you be the judge.

Also this person NEVER took the training to say the company should shut down! That is very negative. this company helps many investors that are grateful such organizations exist.

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buyerbeware
map-marker Phoenix, Arizona

Institute of Commercial Real Estate (ICRE)

To save future potential victims of the Institute of Commercial Real Estate (ICRE), I would like to pull back the curtain on how hucksters like the speakers of this "Institute" use subliminal pressure to get you to buy into their product or service. I am a speaker and have taken speaker training that teaches how to sell from the stage. These skills can be used for good or evil, and tonight, I witnessed a VERY smooth operator from the ICRE (try) to snow an audience in Phoenix, AZ. So I wanted to share the signs to look for in these free presentations to determine the validity of the speaker and product being pitched. If the speaker uses these tactics in abundance, RUN don't walk to the exit: 1.Uses the same phrase over and over which engages subliminal programming. In tonight's case, it was two: "Enroll Tonight" and "As a member of the institute..." I counted over 80 (!!) times the speaker, Ed Lisogar, said these two exact phrases. He was basically programming the listeners to be members. 2. Hit on all potential objections before anyone asks a question, then rebuts them all in a very convincing manner. 3. Plays on two basic emotions: Fear, and Greed. He'll reference the poor economy, having to go to a real job, not having retirement income, AND hit on easy riches, giving you pretty pictures and balance sheets of deals that have made him rich. 4. He'll give too-good-to-be true testimonials. He'll show you photos of himself and pretty girl in a far-off land. Show cars, homes, property, income check, and tell you YOU too can live this life. 5. He'll ask questions throughout the presentation that only have one potential response - "Yes." He is basically training your brain to say Yes to whatever he asks, so when it comes time to ask for the sale, you are already programmed to say Yes. He'll ask things like: "Wouldn't you like to have $50,000 passive income a month?" (audience responds with Yes, unwittingly playing into his mental manipulation trap.) 6. Speaker will repeatedly TELL you to "Write this down." Another subliminal way to program you to follow his instructions. Watch how the audience all grab their pens when he says to write this down. (Think, Hitler). 7.He'll establish dominance from the get go by telling you all the reasons he's qualified to be talking ot you. It's called "Earn the Right." He'll brag about being nominated for an award (never having won it), and brag about how his system is patented. He's establishing his credibility in your eyes, and creating perceived value in the system he's selling. 8. He will start making personal connections, first with the entire audience ("because we're all neighbors in Arizona", etc.), then move onto individuals, calling them by name, shaking their hand, asking them to read things to the group, asking leading questions that he knows will be answered the way he wants it to. Beware... he's intensifying his close when he starts doing this. 9. His speech speed will increase when he's really going in for the kill. This is a method of hypnotizing the crowd. 10. He'll start offering too god to be true bonuses, slash the price of his package, use scarcity to get you to buy (only five packages available, only two seats left, etc.) 11. He will not take questions throughout his shpeel. This is his way of controling the crowd. Even when he does take questions, he is still in control by asking people not to come up to the stage for questions (his domain). He's maintaining dominance by keeping people seated while he remains standing. If you know anything about NLP (Nuero Linguistic Programming) you'll recognize these tactics immediately. If you aren't familiar with NLP, and many people are not, you run the risk of being hypnotized into buying these guys stuff without doing your due diligence. Would you buy a piece of real estate without getting ANY details? No. So ignore his attempts to guilt and shame you into buying right away. He will insult and deride those who do not follow his instructions, and use them as an example of a "loser" so he can get the people left in the room to believe they are NOT losers, if they only buy his stuff. Think about it... if he is making $100,000 a month passive income from his real estate and other holdings, why on earth would he be up there selling a 3-day event for $3k? I'll tell you a secret... he's getting a commission which is normally 50%. But that's not all... at that three day I'm going to guess they will be "back-ending" you (that's insider term for selling you a higher-priced package). I'm guessing the price point for whatever coaching or software they will pitch you at the 3-day event will cost between $8k-$20k. And guess who gets a commission on that for putting you in the room? Yup, the guy giving you the free presentation. So let's do the math: He does 8 presentations in his city, putting perhaps 400 people in the room total. A typical "Closing ratio" is 12%, so that's 48x$3,000=$144k. Then let's say10 of those folk go on to purchase the upsell offered at the event at $12k. That's another $120k. Add those two up and that's $264,000. He earns 50%, so that's $132,000 in the speaker's pocket, all for 4 days of work. Not bad, eh? So he has expenses... 2 staff, hotel room costs, advertising (which may be covered by the conference producer), so let's say he pockets $110k. In 4 days work. No WONDER he's not sticking to doing real estate deals, which actually require work. And I'll bet the attendees who did NOT purchase get a followup phone call trying to close them on the 3-day event by offering them an additional discount. There is ALWAYS another day, another package, another training course, another opportunity. Don't let these snake-oil salesmen goad you into making a financial decision. Go Google this guy, the so-called founder, Cherif Metowar, and the organization ICRF. If you REALLY have to have their training manual and DVDs, check eBay for a copy of it from an ex-student. And do you due diligence before forking over your education funds. Caviat Emptor.
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7 comments
Guest

ICRE is now BANKRUPT as of Nov 2009. I lost $10,000 of a mentoring program that I never used.

Guest

I attended an ICRE presentation by Cherif Medawar and took his training. then was offered an additional training for two days completely free.

The complainers in this website sound frustrated just by the presenter. They have not even taken the training but act like they are on to the game being plaued. give me a brake.

Go to any university of city college and see if you get anything for your money. I found that medawar is the only Guru that actually not only teaches and invests but also has opportunities for his students to invest with him, which is what i have done for the past three months and have been extermely satisfied.

Guest

I attended a seminar and felt it was to good to be true. But, job loss, etc.

sparked my interest to at least research it more, to discover consumer complaints. The speaker also lost all credibility when whe claimed to legitimately deduct living expenses, etc.

through a Nevada Corporation. (Sounds more like tax fraud).

Guest

The guy is an liar! He profiles a building that houses my broker's office an tells the story of how an old couple buys this space for no money down to the tune of $90k profit a year from the NNN lease.

Only thing is the entire stroy was BS as the building is owned by one person / builder who has not and will not sell any units. What a croc.

Guest

I agree with "Peter". I was at the same presentation. I saw what the $#@hole did.

To add to what Peter said... He slipped up and said that "the network is going to be unparalleled once we get members from all over Canada". Doh...he doesn't have anyone here yet to help us Canadians on their invaluable network.

Also...when he was talking about "Triple-Net Leases" he gave the indication that if you bought a building in another city or country that you would never be responsible for any repairs what so ever, and that in fact you would never even have to go look at your building because the tenant would be responsible for everything.

how easy can it get! Because of course businesses never fail, they always always always pay rent with no issues at all, ever...in fact you will never have any problems because all business tenants are perfect!!

what a crock of #$%@!!!

Guest

I just attended an identical hypnotic huckster pitch in Edmonton Alberta. People arrived with an advert from the Financial News (a fake newspaper?) and a hand written sticky note all made to look personalized...too bad everyones was the same.

Another odd thing was tat a couple of people went running to the back of the room to make the purchase even before the price was announced. After the sales pitch I went to the front and picked up the course binder to see what $3000 would buy me. Ed Lisogar came running over and told me to put the binder down and told me that I would have plenty of time at the 3 day workshop to review the course.

I told him that I don't have much time, and he told me that I should leave. The people that witnessed his behavior thought he was a real *** and would not buy anything from these guys.

Guest

As predicted, I did indeed get not one, but TWO phone calls from this organization 48 hours after the event.

I hit zero on their voice system and got a mailbox for a company called "Dynatech" likely the marketing company they are in partnership with the hawk their wares. i guarantee you, they get a piece of whatever money they bring in on these calls.

A quick google search confirms this.

The saleman's name who called was "Bruno" at 888-294-****.

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Ceaser Sit
map-marker Mexico, Capital District

This company is the best in the seminar business

I am not crazy about seminar companies but I truly learned a lot from this company. The Founder is experienced and and very motivating. He inspired my wife and I to get started in commercial real estate and it is the best thing that happened to us. The support people are patient and their website is very well put together. I find it unfair when people complain about them as my whole group was treated like valuable members of a first class operation. I recommend them to any good business person who wants to focus on common sense and real practical ways to make lots of money in any market.
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Anonymous
map-marker Los Angeles, California

ICRE Intro Seminar Review, July 14, 2008, Irvine, CA

My experience in judging the intro seminar includes brokering commercial real estate loans (only, no residential) for the past 15 years, owning part of and managing an office building for five years, and brokering commercial real estate leasing and sales transactions for 9 years prior to entering the loan business. Nearly ever business day for the past 24 years I am in many discussions with buyers, sellers, appraisers, title company reps, CPA's, attorneys, financial planners, developers, brokers and lenders about every aspect of commercial real estate. So I feel a certain amount of expertise in this subject. My gereral conclusion about the seminar I attended is that from beginning to end it was filled with lies, misrepresentations, half truths, outright starements of situations that hid the real cost, risk and time required to transact the purchases described. Detailing the many false statements would take many pages if properly explained. Just trust me, this thing was and is a total fraud. Anyone that attends the paid for seminars will be deeply disappointed in the real world that follows. A real indication of the fragile nature of the claims made came in the inability to ask questions or raise issues during the presentation. Instead the instructor said he would answer questions after the presentations, at which point most educated listeners would be disgusted to the point of just wanting to leave. This is exactly what happened to me as the formal presentation was over and the audience either buying or leaving.
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Glen Cjq
map-marker Chicago, Illinois

Institute of Commercial Real Estate

They talk a great game and promise a 3-day period to change your mind and give you a 100% refund if you decide not to attend their training. I cancelled on time. I even have written confirmation that my credit card will be credited the full $2995 in 10 days. I've called and emailed, but 38 days later they still cannot give me an answer. I've followed up with Customer Service, Accounting, and Quality Control, yet no one has accepted responsibility, nor resolved the issue. Maybe it is just a small, unintentional mistake they regret, and will eventualy correct. Do you want to bet $2995 your experience with them will be better then mine?
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Loss:
$2995
nilshelppi H
map-marker Pacifica, California

Www.MyICRE.com complaint

I agree with the critical comments about ICRE. I attended one of the free presentations by Cherif Medawar, and subsequently paid about $2250.00 to attend the 3 day seminar (by partnering up with a guy I met there...so ICRE gave a bunch of us a discount by signing as a pair, even though we weren't related. He is very personable and, very persuasive. In our group there were an awful lot of college educated people, real estate agents, mortgage brokers and quite a few who already owned commercial property who also signed up. The promised website is very, very minimal. In Feb 2008 there still is not a list of 1500 national corporate tenants. There is no list of hundreds of lenders. There is no big community of ICRE grads posting opportunities. All that was a bunch of "hot air". Quite a few of us tried to Google seach for back up info on the web about ICRE and Cherif. There is essentially no third party reporting. It's like they are invisible on the web. I imagine that ICRE has staff diligently working to keep the "news blackout" going. By all means do not pay with a check, as you will have no leverage for a refund. Even using your VISA or MASTERCHARGE doesn't provide much assurance that you will get your money back if you think they didn't deliver the goods. We should all realize that the credit card companies earn 3% on all the sales that ICRE does...so that is really BIG MONEY. Who is more important to the credit card companies???? ICRE with sales of $10-25 million or Jane Doe charging $3000.00 ?????? In my opinion ICRE is not worth it !
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29 comments
Guest

I would like to find out if anyone who attended Cherif's commercial RE training and now making lots of money.

Guest

Cherif is brilliant real estate expert with a keen eye for market trends and the ability to quickly size up the direction of the real estate market and develop highly successful, repeatable, measurable processes to capitalize on market opportunities. What is perhaps, most impressive, is that he manages to do this by creating scenarios where all parties win -- not just himself (buyer, seller, investors, his students, real estate agents, his many strategic partners, escrow companies, etc.) Two-way wins are difficult enough to achieve but 4-way wins (and greater) are extremely rare to achieve. Cherif has the innate ability to put himself in the shoes of all constituents -- ever mindful of the "end game." He strives for fairness and endeavors to create deals that work for all concerned.

Moreover, Cherif is one of the best teachers I have personally known. He has an incredibly quick wit, is wildly entertaining, has endless energy, can break down complicated subjects in ***-sized, digestible portions, is highly animated, and is "the quickest draw" around in terms of his ability to visually illustrate concepts. He offers metaphors and other highly entertaining, yet practical examples. All of these things make him an outstanding teacher and mentor.

Cherif has been in real estate for over 30 years and has not only mastered the industry, but is incredibly giving of his time and talents. He teaches his student to become self-reliant by teaching them "how to fish." Unlike many real estate gurus, he does not want students to be perpetual students. He recently provided extra training to a group of frustrated or "stuck" students (myself among them) who were having difficulty crystallizing what they had learned so that they could leverage these learnings and start earning money. He did this without requiring anything in return.

As an outgrowth of this, he offered us the opportunity to follow a proven blueprint which is easy to follow, is repeatable and allows students to earn money while they are learning the ropes. He also continuously looks for (and creates) ways to allow his students to share in his success. In my view, Cherif is the epitome of "do the right thing" and embodies the traits that I seek in a mentor and leader. He builds trust through transparency. It's no coincidence that he has so many positive Youtube/com videos and other testimonials. He does right by people and has changed many lives for the better. He rightfully has earned the the trust, respect, and loyalty of the many people with whom he interacts and deserves the many successes that he has created. Cherif makes it a point to be part of the solution. As a beneficiary of his success, I for one am truly grateful to him.

Guest

Cherif Medawar is an exceptional teacher and offers students "a way out". I purchased his Commercial Real Estate training and learned amazing key concepts for buying and selling in that market.

I also purchased Notes which have operated just exactly as he said they would providing much needed cash flow during this economic downturn. I highly recommend his training and the Notes he offers.

Guest

Thanks to Mr. Medawar we bought 5 discount mortgage Notes and are making 14% per year on our money.

The notes are in Florida and the End Buyers are happy.

What was amazing is in one day Cherif explained how it works and how you can keep growing with him.

We got the license and so far we've just assigned two notes to family and friends. Everyone is coming back to buy more.

He is an amazing teacher and his commercial real estate training is by far also the best in the country.

Guest

In response to the comment made by "funny" graduating from cherif medawar's event is an experience by itself.

It is all about the investments and the mind and power it takes to succeed. I made a lot of money because of his trainings and investment programs.

So yes you can buy re notes from him, you can assign his reos and make a ot of ninny like many people stood up in the class and explained how they made money. He is the real thing and he is even investing some students money with a filing with the sec. He is legit and has produced millions for himself and others.

Go to him before he stops teaching and sharing. He truly is the best out there simply because he is intelligent and has integrity beyond reproach.

Guest

Funny that the first response to the complaint is a poem, and the others who supportd Cherif didn't even list out any of their accomplishments or results after working with him. All they say is that Cherif is a personable and nice person...

okay, so how does that translate into workable knowledge?

seriously people, use your heads thanks. If you say Cherif is a great 'investor', sure, that's because he invests in having people come to these pricy seminars, now that's millions when there are thousands of closed-minded victims out there who sign up for this.

Guest

I think he is a genius

I have attended his 3 day seminar

and paid $ 3000 still i like him

look at what we pay to college tutuins

and loans we take to get to degree

and what kind of income we make

he gives us the tools

and one has to practise

we get distracted and side tracked

and do not focus and try to implent

stuff which we do not know and expect results

follow the system

he has patended contracts

they are acceptable by law

why is he not being sued

by govt . or some big investors

if he was not good

be patient

try to get what he has to offer

and go one step at a time

slow and steady wins the race

Guest

This nils help guy is wrong because they have a website and give more than expected

He could not have truly signed up for the commercial real estate training by this company because he would have gotten the email of the Owner who responds fast and has built relationships with his student. He has invested millions for himself and others. The complainer wanted to make money sitting on a couch at home (if he has one!)

Guest

Mr. Cherif Medawar,

I was invisted to one of your session this in New York the year. I need a commerical assignment contact to do a New York City deal and it big. Help me Please.

Emily Allen 212-721-****

Guest

One last thing for "This guy is a fraud. He has people scouring the internet looking for critiques on himself. When he finds a negative review of himself, he floods the comments with positive remarks ridiculing the original honest poster."

I was using Google to find something about Institute of Commercial Real Estate and found this gripe page.

Guys like Cherif don't give people like you a second thought, unless you invested money and sought his help.

If you are going to complain, do it AFTER you have gone out, made offers, called for help, read the material instead of watching television five hours a night (like I used to) and make some money and realize that the clock is ticking, whether or not you EVER succeed.

JUST DO IT.

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naishche A
map-marker Banks, Oregon

Do Not Fall for Institute of Commercial Real Estate (ICRE)

I attended the ICRE sales presentation in Portland, Oregon in October with about 30 other people some of whom paid $2,995.00 at the introductory presentation in order to attend the ICRE 3 day seminar shortly thereafter. Founder Sherif Medawar leads to believe that by signing on you will receive valuable real estate analysis software, access to a private, members only ICRE website which has valuable contact names and numbers for national corporate tenants looking for new locations ( Starbucks, Burger King, Subway and 1500 more), names and contact info for institutional and private mortgage lenders specializing in funding commercial real estate, personal coaching staff, and finally, a website area devoted to networking amongst seminar graduates for the purpose of working on joint ventures in commercial real estate projects. The initial presentation that I attended took place at a hotel in Portland. The ICRE organization had placed a full page advertisement in the Oregonian newspaper with quite a lot of hype. At the two hour presentation Cherif Medawar told us that ICRE was his own creation. He said that we could learn the ways to earn big money in commercial real estate by using his patented “FACTS” system, the company’s website, personal coaching, and special software. However, on day two of the seminar, after the “get out at the end of the first day and get your tuition back” guarantee has elapsed the ICRE “teachers” tell the victims that the RE analysis software costs from $5000.00 to $17,000.00 depending on the level. As of today www.MyICRE.com 1.The analysis software is an extra cost of $4995. They didn’t mention this until day two of the seminar. We were lead to believe it was included in the original price. 2.The website doesn’t provide a list of 1500 national corporate tenants looking for new locations. In fact there is no such list available on the site. Recently some other victims of this fraud who are asking for refunds were emailed a non-functional Excel spreadsheet purporting to contain this info. 3.The “Members Community” part of the website doesn’t have hundreds, as promised, of private money lenders. 4.The “Members Community” part of the website doesn’t have hundreds, as promised, of individual listings of commercial property buyers, sellers, traders. 5.The “Members Community” part of the website doesn’t have hundreds, as promised, of individuals networking on setting up deals. 6.Other victims have been told by ICRE tech support that the promised website information is still months away.
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13 comments
Guest

Frankly cherif has been awesome and his investment programs have produced higher cash flow than he said.

I bought some discounted mortgage notes from his company after the 4 day training and I am getting 14% per year in interest.

I do not have to flip anything although I can flip the notes anytime and the more I hold them the more seasoned they get and become valuable. I do not have to personally repair homes etc.

He has investment programs for everyone. Including a private fund approved by the SEC here in NY. I am a very picky person and usually do not like seminars but when my CPA told me I should attend he truly changed my life. The only thing they can improve is they should come more often to NY. CMREI likes the California students more than others. That is my opinion anyway.

Guest

I attended and learned so much more than you can imagine! I purchased the software and it helps me analyze deals like the pro's. If you wanted to be a doctor you would go to school and pay for training, well if you want to have an edge in CRE you have to be trained or you will lose all you're hard earned investment dollars.

Guest

thanks so much for saving me the money and time!!!! :grin

Guest

Thanks, you just save me and a friend a trip to Vancouver. This is simply an area I would like to invest.

I don't need a software to do it. *** (Napolean Dynamite style) don't know how I almost went.

Thank you again!!

Oh, and I love the post that tries to take the lie to another "software" level. Take this *** home, your giving us a bad name.

Guest

ICRE offer a triple money back guaranteed . any one get money back ?

Guest

I attended this seminar tonight at the Jersey Hyatt - it made a lot of sense, however, as I have learned in sales, why would you give away anything if it is worth the price that they say it is - at the end of the seminar, Ed, the speaker, showed on the screen how a almost $15K investment could be had for a little under $3K, BUT only if you sign up tonight - $3K is a lot of money right now - I am not sure if the system works or does not work - because only success stories was shared by the speaker and NOT other stories I also noticed that continue on with this business, you would be required to pay the additional dollars for some of the services that adds up over time especially if you do not close a deal within a year's time - It made to sound easy, but it seems to easy to be true.

Guest

My husband and I attended the ICRE SCAM presentation. It was not hard to type IRCE into google to realize what a rip off that organization is.

Please no one fall for this! Screw off ***.

Guest

Hey Michael, *** off. Your an ***.

Guest

Watch out, as of August 2008, they are using more tactics to get you to attend their "hotel" presentation, this time at the Jersey City Hyatt.

They want you to believe anyone can do this with little money of their own. Seriously, I invest in commercial property, this is not true - neither are the lending institutions falling over themselves to offer loans in this economic climate.

Don't give them your money, it's empty promises.

The small print on their invitation says:

Institute of Commercial Real Estateâ„¢ ("ICRE") and Business Skills' Commercial Real Estateâ„¢ ("BSCRE") are trademarks of Business Skills Corporation ("BSC"), a subsidiary of Telligenix Corporation ("TC"). ICRE and BSCRE are training institutes, and individual performance depends upon the individual skills, time availability, and dedication of each student in the training program

Guest

First of all, stop crying. I know life sucks when you are poor, but you have no one to blame but yourselves.

As far as Michaels is concerned, it is quite possible that he is a foreigner. There are many foreigners who are students of ICRE. I went to the seminars. I learned a ton.

I have access to the tenant lists. Yes there are two versions of the analysis software, one comes with your original purchase and a more advanced one comes with the upgrade. I still have not closed on my first deal, but I have a 6.5 million dollar project that I am putting together no money down. I can't stand all you people that criticize the rich, criticize these seminars, and criticize all those who work hard to make it.

Give it up. Go out and create some value in the world instead of tearing down the value that others work hard to create.

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Needham Qbu
map-marker Los Angeles, California

Institute of Commercial Real Estate

I have had the privilige to attend of of the best lecture presentations on real estate ever. I enrolled in a memebrship with the ICRE organization and received a three days intense live training. That company is grwoing fast and is adding to their network of investors weekly. I was skeptical at first whether I will be getting the right live support that they kept referring to but so far they've been very helpful. I wish I had attended a training like that many years ago instead of investing so much of my time and effort into residential real estate. My wife has also attended the training and we have just completed a purchase of two small but profitable office spaces with nice positive cash flow. The only negative comment I have about the ICRE organization is I wish they had a special training for RV homes because we think it is a very luctrative type of investing and they told us that this training will not be available till next year. Well if it will be as good as what we have already received on retail and other types of commercial we are willing to wait for it. We hope this feedback can help other hopeful individuals like it helped us.
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7 comments
Guest

Whine Central! These instructors have a proven track record.

They offer money back and rely on persons like us who take the course to actually go out and succeed by "taking action" on what we were taught "by sticking to what was taught". 95% or more never did it - rather have lost the money than deal with actually winning. This was the biggest failure of Telligenix Corp and no wonder they hit Chapter 11 - it's our failure, not theirs. Theirs was to rely on us to take something and succeed?

That's betting the odds against human nature and not properly worked out. It's up to me if it's to be. How do you expect to take a course and let the knowledge automatically work for you and make you rich just because you now know? Wow!

Then I should be a fitness guru and fly to the moon the next day based on all I've read. It's for us to take the knowledge and "work" it to make it work. I'm here looking for results - nothing so far has demonstrated that they failed in the info. If you sat in the course for 3 days, you had "nothing" to say then?

If you failed, look at your own efforts in the grand scheme. How much more can a course give you? This is why there are mentors who can break us through our laziness and fear-driven ways. All the best - you now have the knowledge and still can't prove it wrong.

Networking is upto you. Join any club, be it BNI or real estate investment club - the reality is waiting to welcome anyone willing to deal with it.

Guest

I attended there free 2 hour seminar and 3 day $3000 training plus there 3 day syndication training for free. Plus bought there software for $2000 which now is offered for free with cheaper monthly hosting.

ICRE contacted me to be a partner and to wire money for residential investments in California which I declined as I just recently found out that in October 2009 ICRE filed chapter 11 to restructure there debt.

Need I say more!!! I'm no better off then before ICRE but definately worse off, I'm out $5000, could of been a great family trip to Disney World!

Guest

IMHO, these people are very slick and great liars. Before I signed up, I looked Mediwar in the eyes and asked him if this 3 day seminar was just a big promotion foe his very expensive coaching and seminar.

He swore it wasnt and they even offer you a refund after the first day. Naturally on the first day, it was all real estate training. The last two days, when you could no longer get your money back, it was little more than a squeeze job sell you the expensive seminar. I gotta admit, these filth are some of the best slicksters I've come across.

Since very few signed up for the next level, the instructors, IMO, got desperate and intimated you had little, if any,chance of being successful if you didnt shell out the additional $9K or so. I consider them lower on the food chain than molesters.

Guest

They trainging course is just nothing but a joke!

Guest

Not sure what these complainers are whining about. They give a real training in three ways, live by experienced investors/instructors.

On DVD by the Founder Cherif Medawar who is extremely smart and creative and on line on their website with audio interviews and videos. It is a real and frankly I don't know of any other company anywhere doing what they do.

Someone is complaining he did not get his refund. What kind of BS is this?

I am certain if you complied with the refund rules which you signed off on when you enrolled with them you would've gotten the refund, you have a whole year and the law is on your side. Maybe you just like to ***!

Guest

I just attended one of the free 2 hour sessions where they want you to sign up for the three day session for a few grand. Anyone have any positive or negative feedback on this program.

Is the support they promise really there? Are they now teaching this because most of the highly lucrative deals have dried up along with the rest of the real estate market? I don't want to spend money if this doesn't work.

I have spent a few thousand dollars on other training seminars from real estate to foreclosures to telecom services to online businesses to mlms and they were all bunk. I honesty though, this one did seem more promising, but want to know others' thoughts and opinions

Guest

Don't trust this place. It is a scam. Think about this: If this system is so successful that it can make you millions, why would they teach you? If it did work they'd hire people to work it for them and keep the profits.

IT MAKES NO SENSE FOR THEM TO TEACH YOU TO MAKE MONEY. ALL THEY WANT IS YOUR MONEY FROM THE SEMINAR! THEIR PRODUCT IS A PHONY!!!

Trust me, I've been swindled by these exact people. It turns out that all the resources they offer are fakes. They say they give you a great network of investors, those networks are all empty forums. I asked for a refund and after FOUR MONTHS I still haven't gotten my money back and I'm still under their "guarantee" which is a load of bull.

Just know that you are warned.

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nilshelppi H
map-marker Pacifica, California

ICRE , DYNETECH, TELLIGENIX Git rich quick

Trying to perform "due diligence" on an investment of $3000.00 involving these Florida companies proved impossible. The companies are all interrelated, and work out of Orlando, Florida. They have a really shiny magazine called "Growing Wealth". I'd say that out of 75 pages there are maybe 10 pages of informative articles, the other 65 pages are multiple ads for finance companies and individuals offer to loan money at high rates of interest. Hopefully, more customers of these outfits will post their comments here and on other internet sites so that other potential customers can at least get some more info on which to make an informed decision on spending $4000.
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4 comments
Guest

Look up Anthony Vergopia, this guy is a sleazy, greasy,dirty shill. He brags about being an Army officer, well if the Army has officers like this its no wonder why we can't win a war.

He is a *** man.

He is clever, not smart. This guy is ***, he will pay.

Guest

Dynetech is a corporation where the CEO, Larry Pino, is all about the mighty dollar. Morals, ethics and values are not of importance.

Please, beware and think twice about both doing buisiness with and working for this company. There is something very 'weird' about the practices of the employees and many of them tend be either unprofessional and/or rude.

Guest

I have worked in customer service and am appalled at the customer service offered by Dynetech. For getting so many awards for such a "great place" to work, maybe those that hand out the awards should talk to a few customers.

No one ever answers the phone, you leave numerous messages and no calls you back, and only when you get furious does a real person appear on the line.

I think everyone over there is hiding under their desk and stalling--especially when you are due money back on a refund. I am totally disgusted and I would NEVER do business with them again and neither should you!!!!!!!!

Guest

The name of the company is Dynetech - a.k.a. Dynatech - go and search and see how many lawsuits they have. But how come they can scam people up to this time? Hi Authorities - wake up!!!

What kind of investment background or education the gurus in these firms have???? Why do you pay them so quickly with your hard earned money just because they are doing a 'huge' marketing of themselves?

People-- save your money by being smart -ask questions before you pay -get a list of the properties they themselves invested into!

Come on - don't be *** now!

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