by Terry Moore, CCIM | May 28, 2020 | Apartment Investing
There is no perfect property. Every apartment-investing opportunity is different. Each one is unique cluster of imperfections. Your objective should be to close on the available property with the best set of fixable imperfections. You’re most likely to succeed when... by Terry Moore, CCIM | May 21, 2020 | Apartment Investing
“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” That’s how Warren Buffett described his investment strategy in a 1986 letter to shareholders. It’s easy to understand, but hard to implement because it... by Terry Moore, CCIM | May 14, 2020 | Apartment Investing
To make good apartment investment decisions you must know the market as well as your values and investment goals. Without your own market knowledge, you’re at the mercy of your broker and you’re not in control of your own wealth building. Aim to learn two things.... by Terry Moore, CCIM | May 7, 2020 | Public Issues
California is conflicted about building rental housing for our low-income residents. Not everyone can live in paradise. Life is not fair. Will we admit that we’re not willing to pay to subsidize our less fortunate neighbors? California would like for someone else,... by Terry Moore, CCIM | Apr 30, 2020 | Apartment Investing
A smart friend presented at the Urban Land Institute (ULI) national gathering in January. He noted that we never know in advance what causes the next recession. He mentioned that if the Chinese virus were especially contagious, it could reach the US and cause... by Terry Moore, CCIM | Apr 23, 2020 | Apartment Investing
Crisis happens when we must make important decisions quickly in uncertain times. The information is incomplete and conflicting. The relative importance of various factors differ from what used to be true. The lucky and the wise do amazingly well. The unlucky and the... by Terry Moore, CCIM | Apr 16, 2020 | Public Issues
Life is full of trade-offs. We’re fighting the coronavirus pandemic. So, we trade the economic cost of “flattening the curve” against the lives saved. We trade the debt we leave for our grandkids against mitigating economic disruption. Acknowledging these trade-offs... by Terry Moore, CCIM | Apr 9, 2020 | Apartment Investing
Last week a nervous rental owner told me that he expected 75% of his tenants would not pay their April rent. Yesterday he told me that that all rent was paid. Last week more than a dozen rental owners were terrified they would have to borrow money when the residents... by Terry Moore, CCIM | Mar 31, 2020 | Apartment Investing
The Coronavirus Pandemic is now a fact in all our lives. It will get worse, before it gets better. Yet humans have endured far tougher calamities. Pandemic means worldwide. It does not mean 100% fatal. Friend, you and I haven’t experienced anything like this before... by Terry Moore, CCIM | Mar 26, 2020 | Public Issues
Life is uncertain and unfair. We didn’t choose our gifts, or the century we were born, or our parents or our IQ. Now we are all caught in the coronavirus pandemic. Last week I wrote about fear, Factfulness, and love. This post is about a misguided attempt to smooth... 
