by Terry Moore, CCIM | Feb 13, 2020 | Apartment Investing
Should you “Just win, baby?” America is a competitive culture. Libraries have been written about how to gain and maintain competitive advantage. How you gain competitive advantage matters. This post shares five reflections on the consequences of how you gain that...
by Terry Moore, CCIM | Feb 6, 2020 | Apartment Investing
I’ve been reading Adam Grant’s marvelous book, Give and Take, Why Helping Others Drives Our Success. The book is worth your time, and its conclusions have pleasantly surprised millions of readers. Adam Grant contends that some people are naturally takers. They’re the...
by Terry Moore, CCIM | Jan 30, 2020 | Apartment Investing
Is there a recession coming? Of course. Good times are always followed by hard times. The more important question is “When will the next recession come?” That, my friend, is a matter of prediction. Human beings, even experts, are very bad at prediction. You don’t have...
by Terry Moore, CCIM | Jan 23, 2020 | Apartment Investing
Rental ownership is face-to-face capitalism. It’s hands-on. When you own shares in a large corporation, you don’t get a say in how that company is run. When you own rental property, you make decisions that affect your income stream and the value of your asset. Good...
by Terry Moore, CCIM | Jan 10, 2020 | Apartment Investing
“What I find so striking today is not that people dismiss expertise, but that they do so with such frequency, on so many issues, and with such anger.” ~ Tom Nichols writing in The Death of Expertise That sentiment scares me. In the public sphere, experts...
by Terry Moore, CCIM | Jan 2, 2020 | Apartment Investing
Many people love New Year’s. Many write out resolutions and set goals. Most of us hope for a better future. Since many people are talking about the new and the future at this time of year, you need to pause for a minute. Dr. Michael LeBoeuf reminds us that, “The great...
by Terry Moore, CCIM | Dec 19, 2019 | Apartment Investing
When you were a newly minted high school graduate, you didn’t know what all the work possibilities and realities were. During college, you may have changed your major more than once as you learned more about yourself and the possibilities. When you got into the work...
by Terry Moore, CCIM | Dec 12, 2019 | Apartment Investing
Do you prefer steak or pizza? Don’t answer too quickly. You probably don’t always prefer steak to pizza or vice versa. If you’re having friends over on Sunday afternoon to watch football, pizza might be the choice. You probably wouldn’t choose it for an important...
by Terry Moore, CCIM | Dec 5, 2019 | Apartment Investing
Years ago, one of my friends had a side business buying oak furniture in New England and selling it on the West Coast. At the time, people in New England associated oak furniture with brothels and cheap hotels. They were glad to have my friend take it off their hands...
by Terry Moore, CCIM | Nov 21, 2019 | Apartment Investing
“How do I know when it’s time to sell?” That’s a common question when I speak at a group of landlords or investors. The short answer is: “You can’t.” There’s no magic formula. You’ll never have perfect knowledge. You can never “know.” You must decide. Sometimes, the...
