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We Build Great Apartment Communities


Sep 7, 2020

Most of us want to build wealth in a way that allows us to live the life we wanted. But where do you start and how?

In this episode, I invite you to listen to my conversation with Terry Moore, a top apartment broker, and owner of ACI Apartments, as he talks about how to build wealth and live a life worth living!

Terry is also the author of the book, Building Legacy Wealth: Top San Diego Apartment Broker Shows How to Build Wealth Through Low-Risk Investment Property and Live a Life Worth Imitating where he shares proven recipes for financial success!

Multiply your money as Terry shares business tips, and life lessons that’ll set you up for success so you can build legacy wealth. If you're an apartment investor or you simply want to build wealth and leave a legacy, then this episode is for you!

 

Episode Highlights:

  • Terry explains what his book ‘How to Build Wealth and Live a Life Worth Imitating’ is all about
  • How to make good choices
  • Why it’s better to fail than succeed at things that don’t matter
  • Terry’s definition of legacy
  • What inspired Terry to write his book
  • Important business and life lessons from the book of Proverbs
  • Why multi-family real estate?
  • Changes and shift in the real estate industry due to COVID-19
  • Terry talks about his 400 transactions
  • Top 3 qualities that Terry sees in successful multi-family real estate investors
  • Problems that Terry has solved that allowed him to create the success that he has now
  • Ways to add value to a product or enhance that investment
  • Treating your business dealings with dignity just like any other human being
  • Terry’s advice on equity financing and being a sponsor, that investors admire and respect
  • How to become the preferred buyer in the place where you lead your investors
  • How great deals are made

 

About Our Guest:

Terry Moore helps real estate investors make the most important financial choice of their next decade. He’s a top apartment broker who has received nine major recognitions, including Investment Broker of the Year, Deal Maker of the Year, Transaction of the Year, and CCIM of the Year. In January 2018, Terry received the inaugural Commercial Broker of the Year award from the San Diego Association of Realtors.

Terry has long advocated improving property. Over the years, nearly 100,000 residents have lived in apartments that were upgraded by his clients. All of his group investments made money for his investors. Each property he and Sandy have owned was in better shape when they disposed of the asset than when the property was acquired.

After earning his MBA at Southern Methodist University, Terry worked for the world’s largest bank, owned a hardware store, was a shopping center developer, and then became a hyperactive income property broker.

Terry has been a commercial broker since 1987. He earned the CCIM (Certified Commercial Investment Member) designation, which has been awarded to fewer than 5% of commercial investment brokers. He has been a member of the national CCIM faculty.

Terry’s articles have been published in national, state, regional, and local magazines. He wrote the “Trusted Advisor” column in the San Diego Daily Transcript and frequently contributes articles to the San Diego County Apartment Association’s Rental Owner.

He summited Kilimanjaro at 59 and took up triathlons after 60. In his spare time, he is on track to read 50 non-fiction books this year.

Terry is an owner of ACI Apartment Consultants Inc., San Diego’s most effective apartment brokerage firm.

Terry and Sandy have been married 40 years, have been rental owners for 37 of those years, and have been working in the same business daily for most of their marriage. They enjoy active living in San Diego, which will likely include more triathlons, as well as hiking in and out of the Grand Canyon again. Between them, they often read 100 books annually.

Connect with Terry:

Resources Mentioned:

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Fidelity Business Partners, Inc.

6965 El Camino Real Suite 105-190

Carlsbad, CA 92009

D: 760-301-5311

F: 760-987-6065