by Terry Moore, CCIM | Mar 11, 2022 | Apartment Investing
For 40 years my wife and I have owned rental property. For 35 years I have been a San Diego apartment broker. I learned a lot, too much the hard way. Some of what I learned is summarized below. I’ve been blessed to spend my brokerage career in a supply-constrained...
by Terry Moore, CCIM | Mar 4, 2022 | Apartment Investing
Stan knows what San Diego properties should be worth. Stan is a stock analyst by trade. He is terrific at valuing publicly traded stocks. His record at valuing San Diego apartment properties is not as stellar. Stan lives in another time zone. In five of the six years,...
by Terry Moore, CCIM | Feb 25, 2022 | Apartment Investing
For 40 years my wife and I have owned rental property. For 35 years I have been a San Diego apartment broker. I learned a lot, too much the hard way. Some of what I learned is summarized below. Too many aspiring buyers think the seller is their toughest opponent. Most...
by Terry Moore, CCIM | Feb 18, 2022 | Apartment Investing
For 40 years my wife and I have owned rental property. For 35 years I have been a San Diego apartment broker. I learned a lot, too much the hard way. Some of what I learned is summarized below. Three kinds of people come to me. Few have inherited wealth. Many are...
by Terry Moore, CCIM | Feb 11, 2022 | Apartment Investing
For 40 years my wife and I have owned rental property. For 35 years I have been a San Diego apartment broker. I learned a lot, too much the hard way. Some of my learning is summarized below. No one can know enough about many of the things we need to do to lead a happy...
by Terry Moore, CCIM | Feb 4, 2022 | Living a Life Worth Imitating
Will and I have shared many breakfasts over the last five years. We visit about life, our common interests, and swap stories, with many of them true. The last time we met, Will’s daughter, Danielle, joined us for breakfast. Danielle announced that she had accepted an...
by Terry Moore, CCIM | Jan 28, 2022 | Living a Life Worth Imitating
A trusted friend recommends reading fiction, watching a movie, or attending a play as a low-cost, riskless, way to sample another life. A different wise person has an amazingly diverse pallet of acceptable fiction. She loves engaging with characters from scoundrels to...
by Terry Moore, CCIM | Jan 21, 2022 | Living a Life Worth Imitating
Our society sees busy almost as a badge of honor. We revel in being busy, filling every available hour to the brim. Since we can’t make more time, we must pick up the pace and hurry to get it all done. I’m a busy person. I hurry through my day to maximize resources,...
by Terry Moore, CCIM | Jan 14, 2022 | Apartment Investing
So, it happened again, for the third time in less than a month. Another client was interested in an asset and asked us to recommend the amount he should offer. We consulted recent comparable transactions, noted that inflation concerns are increasing, and there is an...
by Terry Moore, CCIM | Jan 7, 2022 | Living a Life Worth Imitating
Some people have perfect pitch. Others (pilots and architects) can imagine things in three dimensions. Some things that are hard for other people come naturally to you. Many people want to have an extra impact, to be leaders, to excel. Not everyone is willing to pay...
