We’ll start this week by talking to one of the experts in commercial value-add strategy, Rafik Moore!

Rafik walks us through his strategies from acquiring to converting mismanaged properties into lucrative investments, building connections with brokers, the potential of focusing on the industrial and retail sectors, and how his resiliency has helped him thrive and succeed over the years.

Key Points & Relevant Topics

• What made Rafik start his investing journey through flipping houses
• The importance of not giving up on real estate despite mistakes and losses
• Rafik’s approach to increasing the occupancy rate of a property or building
• Finding deals in today’s market and building relationships with brokers
• The value of acquiring distressed assets and recognizing their investment potential
• Hedging against risks of investing in real estate

Resources & Links

• Rich Dad Poor Dad by Robert T. Kiyosaki
• Apartment Syndication Due Diligence Checklist for Passive Investor

About Rafik Moore

Originally from Uzbekistan, Rafik Moore now resides in Edina, MN, with his family. He graduated in 2001 from the University of Minnesota’s Carlson School of Management with a Bachelor of Science in Finance.  

Rafik is a seasoned professional in the commercial real estate sector, with over two decades of experience. His expertise spans overseeing the organization’s commercial services, including asset management, property management, and investor services. He has an impressive track record, managing over $310 million in assets nationwide.  

Rafik is dedicated to revitalizing distressed properties and takes pride in mentoring emerging leaders. His core values include hard work, equality, and community contribution. He is multilingual, fluent in English, Spanish, Russian, and Uzbek, and enjoys reading, running, chess, and mountaineering. Active in the community, Rafik is committed to making a meaningful impact. 

—