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...
by Terry Moore, CCIM | Dec 31, 2021 | Apartment Investing
Wisdom can come by reflecting on what happened, what we did, and what other choices might have brought better results. Two of the 20th century’s premier leadership authors, Peter Drucker and Warren Bennis, claimed their remarkable wisdom came from systematic...
by Terry Moore, CCIM | Dec 17, 2021 | Living a Life Worth Imitating
Betty and Paul married in 1940. They began with love and no money. They started with a single rental property. They added to their holdings while having other businesses and holding other jobs. Later they transitioned to managing their properties full time. They...
