They have a place they could potentially close on by the end of the year, but its new construction and the closing is subject to change based on the builder (and the area was just in the path of Beryl, so that timeline could have been impacted), so if that's the only thing they're thinking of exchanging into, I'm inclined to suggest they consider consuming the losses now for simplicity's sake, especially if the exchange timeline can't be guaranteed to work out.

His team apparently hires the coffee farmers and provides them a good job, fair wages, health and pension benefits, etc.

Our approach for implementation is to break all repairs into 4 categories by priority:1) Health & Safety - most important as could result in tenant lawsuit2) Property Preservation & Government Requirements - don't ignore a roof leak that costs hundreds to fix now, but will costs thousands in the future.

Tenants should be 100% responsible for consumables like air filters, water filters, light bulbs, etc.

I'm particularly passionate about Chattanooga, TN, Blue Ridge, GA, Charlotte, NC, Winston-Salem, NC and possibly Florida.Outside of real estate, I enjoy photography, marketing, outdoors and health optimization.Excited to learn and connect with you all!

Owners needed to leave due to health reasons, after getting offers way lower than market - I ran numbers and decided to jump on it and give them what they needed.

Do you go to the Dept of Health and review the thousands of pages of rules and regulations so you are absolutely familiar with everything?

It is a cautionary tale of taking on too much and breaking so many rules of good business and mental health.

Fund that flip is smaller, but also less investors, so at least the deals are not funded in just a few seconds.Both platforms suffer from some of the problems that pretty much all of the hard money loan platforms do: not enough volume for someone wanting to maintain a large portfolio, not enough conservative 65% LTV loans, too may loans and judicial only states (where it's extremely expensive and time-consuming if you need to foreclose which can cause losses), and single note risk (i.e not diversified).

Consumers are more educated than ever (thanks to resources like BP!)