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 | Popular Blogs, Public Issues, Top 30 Blogs
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...
by Terry Moore, CCIM | Mar 19, 2020 | Living a Life Worth Imitating
The coronavirus/pandemic/panic/apocalypse is upon us! There is no toilet paper on supermarket shelves. Many people are working from home to avoid contact with others. Other people are not working at all because their businesses are closed, or their clients have...
by Terry Moore, CCIM | Mar 12, 2020 | Apartment Investing
Smart apartment investing decisions start with knowing your values and goals. When you know your values and goals, you’re more likely to make good decisions and less likely to make a decision you’ll regret later. There’s another benefit. You or your broker may learn...
by Terry Moore, CCIM | Mar 5, 2020 | Apartment Investing
Legacy wealth doesn’t usually accrue in one investment. It takes several escrows over many years. This post is about apartment investment decisions, with an “s.” You will make those decisions as you make the learning journey of apartment investing. A well-honed...