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Episodes
Tuesday Nov 24, 2020
Building Legacy Wealth with Terry Moore
Tuesday Nov 24, 2020
Tuesday Nov 24, 2020
Terry Moore CCIM, is the author of Building Legacy Wealth. He has an MBA from Southern Methodist University. Terry is an experienced Real Estate Investor and Broker in the San Diego market and has received multiple awards for Brokerage from San Diego Association of Realtors. Together with his team, they have closed more than 400 San Diego apartment escrows.
[00:01 – 09:41] Opening Segment
- I talk briefly about great values that await you in this episode
- I introduce the guest, Terry Moore
- Terry talks about his background and how he started helping Real Estate Investors
- The Investment dynamic in San Diego
- High Demand, Low supply
- Low cash flow, huge appreciation market
[09:42 – 27:13] Building a Legacy
- Terry talks about building a Legacy of Wealth
- Terry Moore’s Building Legacy Wealth
- Things to do and build a legacy other than money
- Do the best that we can
- Help other people
- Take responsibility for what you do
- Treat other people like you want to be treated
- Encourage other influential people to have a positive impact on others
- Terry talks about the importance of doing the right thing
- Deciding what your legacy should look like
[27:13 – 34:47] Closing Segment
- Quick break for our sponsors
- What is the best investment you've ever made other than your education?
- Investing in a Deeply discounted apartment building
- What is the worst investment you ever made?
- Not investing during the great recession
- What is the most important lesson that you've learned in business and investing?
- Taking risks
- Connect with Michael. See the links below.
Tweetable Quotes:
"The key thing is, we had courage when most people had fear. We took a risk, when a lot of people were afraid.” - Terry Moore
“Investing is learning by doing activity. You have to try and understand it. You want to learn where it doesn’t cost you much and when you realize it’s a bad deal, get out. But you have to get in the game if you want to win.” - Terry Moore
“Money is a great slave, Money is a terrible master. I know people who are owned by their money. Money is a terrible master, but legacy is more important.” - Terry Moore
Resources Mentioned:
Connect with Terry, send him an email at Tmoore1031@gmail.com or visit his website https://sandiegoapartmentbroker.com/ . Grab a copy of his book
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