by Terry Moore, CCIM | Jul 2, 2020 | Apartment Investing
Our parents, grandparents, great-grandparents… back through the Civil War, colonial time, Middle Ages …every generation faced at least one awful thing. Now it’s our turn. We all hate COVID-19 and none of us signed up for a recession. Every premature death is a...
by Terry Moore, CCIM | Jun 25, 2020 | Apartment Investing
If you’re a homeowner in San Diego County, a recent state law offers you the opportunity to do something good for yourself and our community. Here’s some information about the law and five ways you can take advantage of it. The Density Bonus Law Effective October...
by Terry Moore, CCIM | Jun 18, 2020 | Living a Life Worth Imitating, Popular Blogs, Top 30 Blogs
A couple of weeks ago I received a call from a young man. He asked if he could take me to lunch and “pick my brain.” In the past a young man or woman would make the long pilgrimage to the top of a mountain to ask a guru questions about the secrets to a good life. I...
by Terry Moore, CCIM | Jun 11, 2020 | Apartment Investing
The deal is done. You’ve bought or sold a property and taken another step toward your legacy wealth goal. You’re tempted to celebrate a little and then move on to the rest of your life. That’s natural. But you’ll become a better investor if you review your investment...
by Terry Moore, CCIM | Jun 4, 2020 | Living a Life Worth Imitating
Management guru Peter Drucker advocated recording the main factors of a big decision and what you expect. Six to nine months later review what you wrote, what happened, and reflect on it. He claimed the record, review, reflect process was his best way of acquiring...
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...