by Terry Moore, CCIM | Apr 7, 2023 | Apartment Investing
Most months several potential investors contact me to buy apartments. The task is harder than most of them realize. They expect to win and are often baffled when they don’t prevail … quickly. They don’t understand the San Diego market is a tougher league than most of... by Terry Moore, CCIM | Dec 30, 2022 | Apartment Investing
Recently, California has imposed several unfunded mandates on rental owners. Other states don’t impose similar costs on rental owners. Sacramento has not yet lost enough millionaires and high-income taxpayers to restrain their policies. Most local owners recognize... by Terry Moore, CCIM | Dec 9, 2022 | Apartment Investing
In the Great Recession, millions of borrowers with weak credit and little reserves had loans with high rates. In a horrifying spiral, many lost their jobs and then their homes or fourplexes. The market was flooded with foreclosures and short sales. My friends,... by Terry Moore, CCIM | Sep 16, 2022 | Apartment Investing
The 90+-year-old widow called with what she thought were investment questions. One of her heirs wanted to broker her multi-million-dollar apartment property, even though the heir had no training or experience in that specialty. Another heir was willing to pay about... by Terry Moore, CCIM | Sep 9, 2022 | Apartment Investing
Let me tell you a true story. Some of the details are modified to ensure privacy. “Bob” and “George” have been friends longer than either of them has been married. They were in each other’s weddings. When they were young and stupid, they did young and stupid things... by Terry Moore, CCIM | Aug 12, 2022 | Apartment Investing
In the last 35 years, no one’s equity has grown at a faster rate than the couple I call “Mark and Sharon.” They each had more than 20 years of working for other people’s benefit before I met them. She is a doctor, and he had a command position within a major fire... 