Podcast appearances and mentions of charlotte what

Charlotte: Hey Jessica, you've got a brother called Kirk?Jessica: Yes, that's right. He is two and a half years older than I am and we get along very well now.Charlotte: You get along very well now. How did you get along in the past?Jessica: Not very well at all actually. He was always very mean and heartless, should we say.Charlotte: What was the first thing you remember him doing to you?Jessica: Perhaps the first thing was the time I fell asleep on the bus when I was on kindergarten. He actually left me there sleeping and I didn't wake up until my lunch box fell on the ground. When the bus driver was parking in the bus garage. So anyway, yeah, I learned at that point not to really depend on him so much.Charlotte: What did your mom say when you got home?Jessica: My mom asked my brother,"Hey! Aren't you forgetting something?", referring to me and he responded, "Hey! How did you know I forgot my homework?"

Charlotte Fowles - also known as The Executive Adventurer - helps corporate leaders who are frustrated, lost or bored to rediscover their purpose, passion and fun without sacrificing their current success. She is an author and public speaker.   Always one to practice what she preaches, she has spent a lot of her life pushing herself way outside her comfort zone in pursuits such as free-diving and scuba diving; marathon running; solo-hiking whilst on chemotherapy; and crossing the Australian outback for months in an ancient 4x4 truck. After enduring over a decade of significant personal trauma, she is an expert in resilience and creating triumph from tragedy and living life in spite of this, and she brings this epic resilience to her coaching. She is passionate about mental wellness and the outdoors and is fascinated by the combinations of these elements that can bring about incredible change.   It is this unapologetic energy and relentless pursuit of her clients' complete success that gets results. She knows that as long as you're willing to step outside that comfort zone where you've been feeling so restless, the world that you want to create is all yours.   New episodes of the Tough Girl Podcast go live every Tuesday and Thursday at 7am UK time - Make sure you hit the subscribe button so you don’t miss out.    The tough girl podcast is sponsorship and ad free thanks to the monthly financial support of patrons. To find out more about supporting your favourite podcast and becoming a patron please check out www.patreon.com/toughgirlpodcast.    Show notes Who is Charlotte What life was like growing up Getting into the outdoors in her mid to late 20s Moving to Australia Getting into scuba diving and loving it Getting into coaching  Why she’s called the Executive Adventurer  But.. What next? Book - Playing Big Wanting to live and work in a different country Exploring the outback in Australia in a 4x4 Leaning new skills Magical moments in the outback Falling in love with the outdoors  Getting away from people Wanting to challenge herself  Being inspired by Bex Band - Love Her Wild  Leaning how to camp in the cold Doing her first winter bivvy in the UK Getting into cold water swimming and loving it!! Building resilience for when things are good FREE 'Strategies for Building, Increasing, and Staying Resilient' guide  Dealing with a lot of personal challenges, all at the same time. Wanting to celebrate what our bodies can do Breaking her leg in two places and having to learn how to walk again Going into therapy for depression Diagnosed with Stage 3B skin cancer in 2019 Focusing on the CAN Deciding to go on a solo hiking adventure Confidence is a result not a requirement Blistered and bleeding feet Hiking the Trans Catalonia Trail  The Biggest Book of Yes  To keep moving forward  Being a positive person and working on it #RealAdventureSelfies Having to get on with it Not having a choice Dealing with false summits Advice and top tips about taking the first step     Social Media   Website www.charlottefowles.com    Instagram @FOWLES.CHARLOTTE    

Tom and Michael talk with Danny Plueddemann from Home Vault Property Management about the Charlotte Market.    --- Tom:  Greetings, and welcome to The Remote Real Estate Investor. Today we're here with Danny Plueddemann, when we're going to be talking about the Market of Charlotte.   Tom:  Okay, before we get into the interview with Danny, we're gonna hit on some numbers talk about the quantitative aspects of the market and Charlotte. So at a very high level, the population in Charlotte is 872,000 people. This is from the Census Bureau in 2018. The greater MSA population in Charlotte is just over 2 million 2,054,000. This is from 2020 from macro trends, and we're seeing a population growth of 4.21%. And this is also from macro trends, the median household income, and this is from John Burns is $63,400. And this is an improvement from last year. That was it 63,000. The number of units we see in Charlotte is over a million This is 1,049,329. And as a breakdown of ownership, 60% of the properties are owner occupied, while 31% of the properties are renter occupied, and then the remaining eight percentage is vacant homes. A little more information on home prices and rent, the existing home values is increased 7.6%. And this is coming again from John Burns in the September 2020. Report, the home value for entry level home is at $214,000 700. The existing median home price is 286,700. And both of those metrics are again coming from John Burns. The median single family rent is that $1,388 again from John Burns, and the year over year rent growth is 3.7%. And again, this is coming from John Burns, the home occupancy rate is that 93.4% and the apartment occupancy rate is 93.7%. Again, both of these metrics coming from John Burns. Danny, thank you so much for coming onto the show. Before we start getting into Charlotte, let's get a little bit into yourself. Let's tell us a little bit about your background. What makes you an expert. What are you doing in Charlotte today and all that good stuff.   Danny: Thanks, Tom. Yeah, so I call Charlotte my adopted hometown talking about that I've been here longer than anybody else but 20 years and everybody hears a transplant everybody's I'm a Yankee that knows the Yankee till I moved to Charlotte. But yeah, I mean, in property management, I worked for the big banks for a while I did mortgages for a little while. I've been in property management for last 15 years. We just did a exciting merger so we're Home Vault property manager in six different markets, five different states. So that's really exciting. I am the Chief Investment Officer which I'm trying to decide what my job titles I think I told you I like yours Tom, your Investor?   Tom:  Yeah, that's right. Director of Investor Education, getting help helping people out in the business to serve.       Danny: Yeah, I might steal yours. It's funny as I was doing my email signature yesterday and Chief Investment Officer sounds so pretentious that I changed it to investment guy and I was like, man, nobody's asked that's not serious enough. Yeah, so now I'm an investment officer in my in my email signature. But yeah, property management focus on helping the landlord so if you're happy landlord I want to help you buy more properties. If you're not happy I want to come come up some alternatives for you either you know buying the property from you selling to one of our existing clients, Master leasing the property something to take away the pain points that's what I'm doing now.   Tom: Alright, let's go ahead and jump into it. So the market of Charlotte so as a first step tell us about kind of the main primary cities and some of the core principal cities within the metro go ahead and yeah, let's let's do it.   Unknown Speaker  Yeah, Charlotte is a great town. Let's see here. We're about as far south as you can be and still have four seasons we got winter, spring, fall, summer, that's fun. Just but everybody's from somewhere else. That's the fun thing about it. We got Florida halfbacks people they thought they wanted to retire in Florida was too hot. So they move halfway back to New York, they're in Charlotte. Now. surrounding towns are like, like Gastonia Concord, Kannapolis up north. Gastonia is West, Monroe down south.   Michael: So Danny. I'm gonna jump here for just a second. So I lived in the Bay Area, California outside San Francisco for a long time. Tom's a bay area guy. Everybody knows the bay area for Silicon Valley. Most people move to the area for tech. So is there a similar draw for these transplants out into Charlotte or is it kind of a mixed bag?   Danny: Yeah, there's some cool comparisons with California. We can we can talk about that. Yeah, job. So finance sector is the biggest, biggest employer we have. Bank of America is headquartered here. Wells Fargo used to be headquartered here before San Francisco stol it from us. Yeah, so the first gold rush actually wasn't in California. It was in Charlotte.   Michael: Really?   Danny: Yeah. So there's, we're still we're still competing. And I was gonna ask you guys If you if you don't know, I'm going to say Charlotte is the second largest bank in town after New York. But I think we go back and forth with San Francisco. Who's the bigger after?   Tom: I didn't realize there were so many parallels with San Francisco and Charlotte, the gold rush the huge financial sector. Sorry for interrupting.   Danny: I think it's related. I don't know this for sure. But you know, we have a mint here like since we had the mines here, the gold mines here that were us men here, there's a man in San Francisco. I think that's the connection. They're just after they had the mint there that attracted the banks. And yeah, we're huge banking town. That's what we're known for. By the way, we're the first ones to declare independence. A lot of people don't know this. But for us, Independence Day is may 20 1775. Everybody else celebrates June, 4 of July, we had a declaration of independence, unfortunately called the resolves, like we do here by results. So that's horrible marketing. Nobody's gonna pick up on that. And then we lost the original. So that was, you know, we don't get any credit. But yeah, we're the hornet's nest of rebellion for England's that's why we at the Charlotte Hornets basketball team. And then for the Gold Rush, like the UNC Charlotte, University of North Carolina Charlotte university that the mascot is the 40 Niners the miners 49. So that's kind of the connection there with San Francisco. I'll tell you what's different, you know, San Francisco, you got the ocean on one side, and then you get the mountains on the other side. So as far as supply it's really limited, we don't have that we got we were in the Piedmont Valley. So we can we can grow any direction, every direction. So there's no limit there. So there's much more supply. So obviously, that's keeps prices down. Atlanta is the same thing. They can sprawl and they have been forever. So a lot of investors looking at Atlanta when they're trying to figure out what Charlotte's gonna look like, in 20 years. They go hang out in Atlanta, and look at the traffic there. And then, you know, eventually the barrier to growth, its growth is traffic, you know, every exit get farther from downtown is a little bit more expensive.   Tom: Well, that's a good transition question. So talking about the major transportation within Charlotte, so there's big international airport. Why don't we touch on that, you know, trains, planes and automobiles like kind of the different major infrastructure as it relates to travel?   Danny: Well, you guys can tell I'm a history buff. We got a lot of trains here because we had a lot of textile mills here after those cotton. So yeah, we got trains going north and south here with originally was to take cotton everywhere. It was actually a big rail yard then the Civil War, the Confederates used this as a rail yard. And then yeah, the airport's huge, American Airlines has a hub here. So you know, if you're flying anywhere in the southeast, you probably come through Charlotte. It's just the way that airlines schedule things with what's it called a Hub Network, something like that. Yeah. So yeah, and then you're exactly right. You know, the trucking. There's a lot of big trucking companies headquartered here for the same reasons I think it's just the trains come in trucks take them out. There's a lot of transportation is it's helped us diversify the economy from banking a lot,   Tom: You know, kind of, I think, as Michael was alluding to, there's a lot of universities in like, the tech space has been a really booming piece as well.   Danny: The bad guy is Riley. I think you're getting those confused with rally because they got some better schools up there. You know, there's UNC Chapel Hill Duke. So that's like the Research Triangle. And we're competitors with rally sorta Right. I mean, they got the government center there. They get the more famous schools were more like the commercial side of North Carolina, business, commerce, banking. That's kind of our reputation here.   Michael: And Danny, were you involved in as an investor in the real estate space before getting involved in the property management business?   Danny: Yes, I was doing mortgages. I had a great run with the mortgage. So after big banks, I started my own mortgage company. So that was 2000 2001. And I had a great write up for the mortgage business. And yeah, I was buying properties. And I was selling them on an option given people option to buy them and I had for about 2025 properties in my name when the market crashed in 2008. I had all these houses sold, quote, unquote, they're sold to people that they realize they're upside down, everything dropped 20% across the board, they realize they're upside down. And so they call me up. Danny, you got a problem. Your house is the roof is leaking. I had a rough ride down. Hopefully I learned a few things. Yeah, like a lot of property management get started at that time, nobody could sell their house. So we have what are called accidental landlords or reluctant landlords, you know, they got relocated to Florida, they're upside down their house. So it was a great time to grow a property management company nobody could sell.   Tom: That's so funny. You mentioned that one of the other property managers from Birmingham, the exact same story they were fixing, flipping and then accidental landlord really like enjoy the grind of it going back on the different you know, talking about Charlotte and some of the different areas. I'm looking at Google Maps right now of Charlotte. And I'd love for you to define some different areas as it relates to general strategy. So what areas within Charlotte you know, someone's looking at Google Maps would be more of a cash flow play, which one would be more appreciation which one would be more in the middle? Are there any kind of up and coming areas so?   Unknown Speaker  As far as cash flow I'd say the west side. And so and the reason is it's lower income, more industrial, the airport's out on the west side, if someone says they found a deal with it with a double digit cap rate in Charlotte, they're probably talking about the west side. There's some people making money on the west side, there's a little more drama. A little more, you know, higher evictions, lower income your copper pipes might be, might be more gone if it gets gets vacant. That's the west side.   Tom: Yep, near the airport.   Danny: And there's pockets of exceptions, of course.   Tom: Do you guys manage a lot of properties in that area?   Danny: Yes, our service areas within an hour Charlotte will manage any property, we do have a flat fee, minimum $90. So that ends up making us more expensive if the rents $500. And I'm charging $100 management that's like 20% management fee, that might be kind of expensive.   Tom: Yeah,   Danny: That's kind of how we need to do it to be profitable. Whereas if the rents 2000, I might be the cheapest property.   Tom: Sure.   Danny: That's just kind of how it works with the flat fee, we got a few different fee options. But to answer your question, yeah, I mean, I don't mind managing low income and class C, whatever you want to call it, we got to have a class A landlord, I'll throw that up. There's class C landlords, the classy landlord with a classy property is not going to work.   Tom: Yeah, So how about is just kind of general within Charlotte? Is there much of a section eight footprint throughout the different areas   Danny: There is there's like an eight year waiting list to get on organises a huge demand for it. Yeah, we do manage some Section A mostly the ones we inherited, we're not going after it, there's a few technicalities that make it hard to manage third party was section eight. This might be a little bit in the weeds. But let's let's just say I'm managing a property from Michael. And then there's an abatement. So they take away the rent. But I'm also managing a property for Tom. So income comes in for Tom, section eight thinks I screwed something up. So they're gonna withdraw money from my account to cover Michael's bill. But the money in my account was actually Tom's money. It's a nightmare. So I got to front the money to stay in compliance with the real estate commission. Anyway, that's just like a cork that makes it really hard to manage section eight. But if the investor understands that, and they put up a reserve, that's way around that there's an abatement, they grab the money, you just got to have that reserve. But there's pluses and minuses I don't you guys like section eight, you guys have section eight properties.   Tom: I've done it. And it has been successful and haven't had any issues with it one way or the other. I'm not strategically like always looking for it or going against it.   Danny: For sure, it's nice to get the check from US Treasury, you can't complain about that. If they're covering the whole amount, that helps a lot. You know, if they're making a partial payment, you know, like, let's say the tenants, you know, the tenants are on the hook for 150 bucks, and then section eights paying 850. So you get the 850 but you don't get the hundred and 50 do you get some hard decisions to make? Are you gonna spend $300 in eviction to collect 150. But it can be good, you still need a tenant screening. I mean, one one tip there is, you know, you don't have to do screening as far as rent collection income, that you're going to get the income, but meet them at their property where they're at right now. So you know, we got some things for you to sign where do you live and come over there, and then see how they're keeping up the place. That's the only thing that's gonna kill you and you got to do the repairs. I mean, if they're tearing the place up, you can say, well, that's tenant responsibility. Okay, well, the tenant doesn't fix it, the inspector comes and puts it into abatement. Anyway. So you better fix it like it or not fair or not, you better make an inspector happy. So anyway, there you go. Those are some of the pluses in mine. Yeah,   Tom: Got it. So we talked about the west part of Charlotte What is going on? You know, South Charlotte East Charlotte North Charlotte, I'd love Yeah, I kind of thought that there's an area that's more kind of up and coming or it's more of an appreciation play. I'd love you to touch on the kind of the different pockets as you'd say   Danny: South Charlotte is most expensive. So that would be like, you know, a blue chip stock. You know, it's gonna be solid investment, harder to cash flow. Just south, the Uptown there's Myers Park. I was just walking my kids there the other day lesson neighborhood there. You know, they'll buy a house for $850,000 tiny house built in the 60s, tear it down, build up a $2 million house so that's the most expensive area. Yeah, Meyers Park freedom Park area. That's beautiful. You see 100 year old oak trees, just beautiful neighborhood. It's pretty expensive all the way you keep going south south park Valentine pretty expensive,   Tom: How about pineville or outside of that 485 kind of circle. Is that where it starts price starts dropping off a little bit as it remains.   Danny: It does drop off but you got to go a long ways because yeah, you know, the neighborhood's past 45 South they're real popular to waxhaw weddington they got these deals where you know the minimum lot sizes one acre, now I'm gonna be able to build an apartment there. So it encourages expensive housing. You got to buy a lot that big.   Tom: Got it. How about east of Charlotte?   Danny: My favorite street is CENTRAL AVENUE driving out uptown Vietnamese restaurants, Mexican restaurants, a lot of diversity. A lot of older neighborhoods. Blue Collar neighborhoods.   Tom: Is that like East away or is that still Charlotte as a city?   Danny: That's Charlotte.Yeah, I'll throw out some numbers there. I think you get five 6% cap rate. And East Side. I think you're looking at two to three on the south side.   Tom: Got it.   Michael: And what about and how about a purchase price there on the east side?   Danny:  For a single family home? You're probably looking at 250,000 for a three bedroom, two bath that you could rent for 12, 1400 a month.   Micaheal: Okay, great.   Tom: And how about the last but not least North Charlotte?   Danny: Yeah, just north of Charlotte is a little rough. Actually. That's where I live. That's also an industrial area. But this Arts District you hear about NoDa. North Davidson. That's a take off on Soho are trying to be like New York. So that's RT real trendy, real expensive and then and then go farther north. Those are expensive neighborhoods too. So you tell my Morrisville, Huntersville, Davidson area. You get the late crowd there. Lake Norman's real popular place to live. You got the peninsula club. You got Trump's got a golf course out there. A lot of the Charlotte Panthers Charlotte Hornets, professional athletes, they live on the peninsula on Lake Norman, that's a real popular area.   Tom: Got it. And how about kind of the last general region question? Is there any areas you would say that, you know, you mentioned you guys manage homes up to an hour away? That's a little bit more in the deep cuts like maybe it's not in Charlotte proper, but man, this is kind of an up and coming area as an investor some place to look at to buying houses?   Danny: I think so i think you know, when you're talking about that 1% rule, for example, for the most part of thing you got to go 45 to an hour away from Charlotte. Yep. So Kings Mountain just got approved for a casino. That's an interesting market. Yeah, about 45 minutes west of Charlotte, the neighbors are some on the north side. There's a proposal for light rail to go up to Davidson. Yeah, we had a really cool light rail that's, that's gone through South and North. So it goes from UNC Charlotte, North, down to 45, the outer circle on the south of Charlotte, and wow, that's done wonders for property values there. Yeah, there's just these a class a brand new apartments, they go on forever, on the light rail, that's really a lot of development. So if the same thing happens on the they call it the red line, they don't have the funding for it. So I don't know if it's gonna happen or not. But they got it on paper   Tom That's good feedback around Kings Mountain, which is just east of RGB, just west of Gastonia, which is the city just along 85. Some other questions around owning properties in Charlotte, and the theme of investor friendly. So I'm gonna put this in a few different categories. So with investor friendly, let's first touch on rent control. Is there an aspect of rent control in Charlotte?   Danny: No, I actually listened to your podcast with Matt Whittaker in Birmingham. That was interesting. And I agree with what he was saying as far as let's it's a progressive city and a conservative state, you know, for the most part pretty landlord friendly. I would say North Carolina, if you ever go to eviction court, there will be attorneys there from legal aid, representing the tenants. So that's something unique to Mecklenburg County, you better you better have dotted your i's and cross your T's because you're going to go head to head with an attorney. So it's landlord friendly, the state laws and then Mecklenburg County is probably the strictest as far as a tenant friendly. There's no control. Yeah, every once in a while an HOA will have a restriction on a percentage of rentals that's that may be more common like a condo uptown. It's not common at all on a subdivision but yeah, with an HOA anything can happen.   Tom: Sure, you're reading my mind and I think you kind of answered it already. Is there is you know, outside of condos and townhouses Is there much of an HOA footprint in through development that's been done so in common to find properties that are an HOA as per single family?   Danny Yeah, all the newer neighborhoods have a choice and they're the devil. So   Michael I'm sure you love working with them as the management side of things get another nasty gram for garbage cans being left out or you know, what have you.   Danny: Exactly, I did Hoa management a little bit. That's really hard job. Basically, you know, there's one person is who wants to be president. And that's usually a volunteer position and they just got a lot of time on their hand. So they don't work. They just sit at home and get things wrong. And that's the first as a property manager, that's the person you got to make happen. And they want a pitbull, you know, they want somebody to get just as angry as they are like, you know, they call me up Danny, the neighbor has their garbage cans out like you saying, and it's Tuesday and when you get really angry because it's Tuesday.   Tom: there's a lot of things out there to be angry about but you know, garbage cans on the street that's not a good one that's not a good one to be angry about.   Michael: That is not top of the list by any means.   Danny: HOAs will always send the notice to the owner like property managers can be the buffer for most thing that notice will always go to they will always send it to the address on tax records. So then owner just need to forward those complaints to us and we'll take care of those get involved in that kind of thing.   Michael: You brought up a really nice kind of segue transition, talking about tax records. What property taxes look like, in Charlotte.   Danny: They're good compared to California, I guess.   Michael: It's not hard to be good in that department.   Tom: And that probably in Florida in Texas, I would assume because they're, you know, no income tax in Florida in Texas. So property taxes are super high. Go ahead.   Danny Yeah, that's true. So it's about 1.2% of tax value. So if the tax rate is $100,000, you can expect to pay about 1200. dollars for property taxes.   Michael: Okay. And this is a discussion I have with students all the time in the Roofstock academy about how to determine what the tax value is, versus replacement costs and insurance versus purchase price, because these are three numbers that are so often mutually exclusive and have nothing to do with one another. So if somebody buys a property in Charlotte, for 200,000, is the property tax basis likely to change? Or is there some regular frequency for an assessment that is independent of the sale price?   Danny: There is an assessment? It's a good question. It's every I want to say seven years is not that often, I might be wrong, I might be five years and general the tax value is lower than the market value. And that's where you want it. You want your tax ID to be as low as possible. That's, that is a very common Miss misconception there. And then will it go up? Probably, probably, but it hasn't gone up that much. I mean, and then you can dispute it, you can send them an appraisal, it's Yeah, that's a little side hustle in itself, helping people dispute their tax values.   Michael: Yeah, absolutely. Absolutely. Just to get a kind of flavor of the market. If someone buys a house, on the east side for 250,000, the rents are 1200 bucks. Mm hmm. ballpark, any idea what their assessed tax value might look like on that property?   Danny: Less. So the market value is two to 50? I wouldn't be surprised if the tax value wasn't like 170.   Michael: Okay, and then it'd be 1.2% of that. 170.   Danny: Mm hmm.   Michael: Okay, even if I bought it, you know, it got assessed last year at 170. I bought it this year at 250. That assessed value, that's the taxable value isn't going to change until they do a new assessment five or seven years down the road or what have you.   Danny: That's correct. You're you purchasing the property, you won't change anything. Eventually, they'll do an assessment by zip code, bless their hearts are not gonna be appraised every property, they gotta take a stab at. conserve everything. I think they know that, you know, most people are gonna dispute it. It's also I even when they raise it, I think it still stays pretty conserved every once in a while. Have you surprised somewhere, but tax general is less significant less than market value?   Michael: Okay, really good to know.   Tom: One more tax related question is I know, sometimes when we are evaluating a property, you know, we'll use some global assumptions for an area say that, like 1%, or whatnot, and then we'll hit this little pocket in a neighborhood that has this school special assessment that for whatever reason, like this little jurisdiction is like, way more expensive. Is that common? Or have you seen that in Charlotte?   Danny: No,   Tom: No snakes in the grass, I guess, I don't know if like expensive property taxes stuff?   Danny: If you do have a special assessment, it's gonna come from the HOA. And we had those like with the condo kind of thing where it was brutal back in 2010. Nobody was paying the mortgage, nobody's paying their HOA dues, and they need to put a new roof they need to raise 50 grand and everybody gets an assessment for $500 a month only pay for the roof. That's the only kind of special assessment I've heard of I haven't seen that come from city, a county here in Charlotte   Michael: What do insurance costs look like in Charlotte?   Danny Thanks for asking. Because I sell insurance, we could dig deep into that if you want, but dwelling is just cheap, 45 cents for $100 of coverage. So if it's $100,000 house, that'll be you know, 450 bucks in a liability policy and other 300 bucks get a million dollars for liability and put your property manager on as an additional insurance? are you guys doing that? I know, you guys got property managers.   Michael: Every single one good.   Danny: Are you doing that Tom?   Tom: I need to do that.   Danny: You absolutely need to do that. Otherwise, you're it's like sending a vendor out there without insurance. If there's a lawsuit, then there, everyone's gonna be looking at each other cross eyed who's got coverage here. And it could be it could be your insurance company doesn't want to cover the property manager, the property management insurance might cover it, but then sue your insurance company, it's so much better just get on the same page, because you are going to get sued together, I promise the landlord and the property manager the attorney is going to list everybody who's ever touched that property in the last five years. So you're gonna be sitting in the courtroom together, get on the same page, your put your property manager on it as an additional insured. That's my public service announcement.   Tom: Love it.   Michael: Danny, I was just having this conversation yesterday, actually with a fellow investor. And I dealt with the exact same thing. And they asked the question of why and I explained it probably less eloquently than you had, but I explained this to them. But I want to hear from you. Is it additional costs to that?   Danny: No. And that's a good question. And it's confusing, because every once in a while someone call their insurance agent and put the property manager and they'll say, No, we don't do that. And that means you're talking to their captive agent who focuses on personal lines. It doesn't understand commercial lines. It's very, very common, but you should get a discount. You should call you Hey, I have a professional property manager here. So was a throat you know, American modern foremost, ASI, those are all insurance company, they will give you a discount, just check the box, I have a property manager, it will cost you less, there's less liability, less risk for the insurance company if they know that it's professionally managed. It's not an additional cost. It's less, it should be less   Michael: Fantastic. Tom, you just got your money's worth. And then some out of this episode, man. I did I   Tom: Love the tangents that some of these go on.   Michael: Okay, cool. And I've got a timely question. Because I think again, another question I get and probably Tom gets as well from Academy members and just investors in general is COVID is still affecting the country. And so people are constantly is now a bad time or a good time to invest. Because there's a eviction moratorium and folks are losing their jobs. So they have a tough time paying rent. What are you seeing in terms of occupancy? physical and economic? As far as the property is your property management business?   Danny: Yeah, so I didn't want prices to drop. I didn't want to go back to 2010. But I did think they were going to and I thought there's gonna be a huge opportunity, and I was wrong about that. Demand is stayed strong. Yeah, if you got a three bedroom, two bath within Charlotte 250. Under, it's gonna fly off the shelf demand is strong. The hedge funds haven't gone away lots of new york money, and they're happy with two 3% cap rate. You know, obviously, they're factoring in appreciation or whatever. They're affecting them for their numbers. But there's a lot of competition there's a lot of people don't want to buy in Charlotte, and they're paying cash. So now the market has not drop. Yeah, evictions, some of the lower income properties got hit harder. I think apartments got hit harder, you know, our average rent. It's 12, 1300. I think that's, yeah, that's I think that's been true across the country. Yeah, I'm in a lot of Facebook groups with property managers, we were all holding our breath. What's it like to manage property when you can evict somebody? Right, but you know, and there are just a few people taking advantage of it. I'll just say one from like, 2% to 4%. So but it's not that high. And I think everybody that cares about the credit, they understand that, you know, okay, I don't have to pay my rent. But that doesn't mean that the bill just goes away. You know, one day, they're gonna open up the courthouse and the bill still gonna be there. So, you know, people don't want that kind of uncertainty. For the most part, everybody who can pay is paying. But yeah, it's been really confusing. Actually, right, right now, nobody knows what do we all the eviction attorneys are in town are calling each other. We love to charge late fees.   Tom: What it's going on?   Danny: They don't know what's going on.   Tom: So I'd like to touch on some points of interest in Charlotte. And these can be you know, Parks, museums. I know the Hornets which just learned about how their name was came to be. What are some of the major attractions and poles within Charlotte?   Danny:  Yeah, so Charlotte isn't typically a tourist town. You know, we got whitewater Center, which is really cool for like kayaking. It's like a artificial whitewater River. That's really cool. really unique. We got Carolyn's that's an amusement park. And that does bring in some regional kind of tourists. And we got some uptown fun place. There's some cool museums up there are museums. I love uptown. And we call it uptown By the way, because downtown is too negative, you know, we need to try to put a positive spin on this. And it is a little bit higher geographically, but that's there's no downtown and Charlotte's uptown. We're two hours from the mountains and three hours from the beach. So that's kind of fun. If you want to make a day trip to the beach, the mountains you can do that. As far as tourist kind of attractions that's more common that someone come in and do the beach or the mountains then then Charlotte   Tom: Or the lake like Lake Norman, you're talking about earlier.   Danny: Yeah, Lake norm is a blast.   Tom: I have my last question. Here is kind of a fun thing and talking about different markets. Or you can get one meal. Danny, you can get one meal in Charlotte, where are you going? And what are you ordering?   Danny:  I'll go to Lang Van. It's a Vietnamese restaurant on the east side. And I'll get some pho soup   Tom: I love it.   Michael: Chicken beef or seafood.   Danny: Beef.     Michael: Good deal. Good deal. Tom, Like a good Pho?   Tom: Oh, love Pha, can't get enough.   Michael: Yeah. Danny, thank you so much for for hanging out with us and giving us such a great market insight. If folks have additional questions about home vault property management or about kind of Charlotte as a whole what's the best way for folks to get in touch with you?   Danny Yeah, thanks so much, Danny@homevault.com and we just did merger we're still doing redoing our website. So you know our Charlotte website is still smartshieldpm.com. Smartshieldpm.com.   Tom: Awesome. Well, I want to thank you so much, Danny for coming on and sharing with us and our listeners about the Charlotte market.   Michael: This was great. Danny, thank you.   Danny Big fan of what you guys are doing. Thanks so much.   Tom: Awesome. Thank you.   Michael: Thank you. Take care.   Tom: Thank you, Danny for coming on. Love to learn about the market in Charlotte and all the other fun facts that you brought with you. If you enjoy this podcast, please subscribe, give us a rating all that good stuff really helps. And as always, happy investing.  

We give our immediate reactions to Season 3, Episode 6 of HBO’s ‘Westworld.’ Where do we see the rest of this season going for Charlotte? What is the emotional weight of the standoff between Maeve and Dolores? And, of course, is William a host or a human? To submit questions, comments, and conspiracy theories, email therecappableswestworld@gmail.com. Hosts: David Shoemaker and Danny Heifetz Guest: Juliet Litman

027: Building A Culture of Philanthropy at Your Nonprofit (Stamie Despo)SUMMARYDespite her successful fundraising experience, Stamie Despo knew as a new Executive Director she would need the entire organization to embrace philanthropy for it to achieve the kind of mission success she knew was possible. That’s exactly what Stamie and I discussed during this episode. What exactly is a culture of philanthropy? What did she find when she began her role as Executive Director at the Susan G. Komen affiliate in Charlotte? What were the practical steps she took to assess and integrate new elements of philanthropic culture? And most importantly, what happened, and did it work? Stamie’s thoughtful approach is sure to give you ideas about creating a culture of philanthropy at your current organization, as well as help you map out a plan for your next nonprofit leadership opportunity. ABOUT STAMIEStamie consults nonprofit organizations in the areas of strategic planning, change management and succession, special events and fundraising. She recently completed her tenure as Executive Director of Susan G. Komen Charlotte following her work as the Director of Alumni Relations and External Constituents at UNC Charlotte’s William States Lee College of Engineering. Prior to working at the College, Stamie managed a nonprofit which provided funding to children with cancer for art therapy. She was honored as a 2019 nominee for Charlotte Athena Leadership Award for Service, and received the Health and Human Services Crowning Achiever Award from the Crown Jewels (NC) Chapter of the Links, Inc., for her work at Komen Charlotte and health disparities. Stamie has been a member of the local Charlotte Chapter of the AFP, involved in her church’s women’s philanthropic society and a member of Atrium Health’s Dreamcatcher Society. She holds a Masters in Teaching degree, Summa Cum Laude, from Monmouth University, NJ, a Bachelor’s Degree in Economics, Cum Laude, from Smith College, Massachusetts, and a Non-Profit Management Certificate from Duke University.EPISODE TOPICS & RESOURCESJim Loehr and Tony Schwartz's book The Power of Full Engagement Chuck Collins’ book Robin Hood Was RightSimon Sinek’s book Start With WhyJoan Garry’s Nonprofits Are MessyHBR’s 10 Must Reads On LeadershipKorn Ferry’s Leadership & Talent resources

We're coming at you with a special bonus episode of the show today, one that we hope is filled with optimism and joy as Dave continues to prep for the apocalypse. Listen in to hear: An announcement about a very special project from our team Our first very important business meeting, working through last episode's issues The multiple ways to spell Charlotte What books we would take on a deserted island and/or have with us if the world was coming to an end The books we're reading right now Dad is Fat by Jim Gaffigan The Jesus Storybook Bible by Sally Lloyd-Jones SeinLanguage by Jerry Seinfeld The Prodigal God by Tim Keller The Scarlet Pimpernel by Baronness Emmuska Orczy Great Expectations by Charles Dickens High Fidelity by Nick Hornby Churchill by Andrew Roberts Station Eleven by Emily St. John Mandel JLA by Grant Morrison Omnibus The Man Called Cash by Steve Turner Ember’s End by SD Smith And, of course, here's the cover to our upcoming new book: Look for a pre-order link soon! Sharing and supporting the show Leave a five-star rating and review of the show on Apple Podcasts, or wherever you listen to the show. Give us a follow on Twitter and Instagram at @MalContentsPod Be sure to use the Amazon affiliate links above to help us pay for the costs of producing and hosting the show. Interested in sponsoring Table of (mal)Contents? Let's talk via email or DM @malContentsPod on Twitter. Photo by Malte Wingen on Unsplash

In this episode, Dave DuFour joins and we chat about all the trades that have gone done 24 hours out from NBA Trade Deadline. First, we break down the Tobias Harris trade to Philadelphia. Why is that a deal that makes sense for them? Is there a reason that this deal might not work? Is there an opportunity cost?  Next, we talk about the Memphis talks. What do we think of the potential Marc Gasol deal to Charlotte? What do we think of the offers for Mike Conley? Then, we chat about the Detroit-Milwaukee deal, the Detroit-Lakers deal, and the Rodney Hood trade to Portland. 

With Frank traveling, Eric decided to discuss Giannis' newest honor, becoming an NBA All-Star Game captain. What, if anything, does it mean to the young superstar? What other Bucks may join him in Charlotte? What's going on with those Mike Conley rumors? Could the Bucks drop one to Charlotte on Friday? Learn more about your ad choices. Visit megaphone.fm/adchoices

A successful corporate career with travel and very good compensation with a well-respected Fortune 500 company comes to an end in 2012 – so an individual can pursue ‘growth.’ What does ‘growth’ even mean as a pursuit?  Can you find it in Charlotte?  What does it look like? How about ‘consciously stumbling’ into the very early days of a little parking app in Charlotte, offering a 5 page critique of their software and eventually becoming an early investor as part of the friends and family raise?  What happens when that company goes on to become Passport and raises in excess of $40 million from the likes of Bain Capital and chases the opportunity to become the next unicorn in Charlotte? What happens when pursuit of ‘growth’ leads you to mentoring early stage companies at QC Fintech and several years later you have the opportunity to work with a successful foreign based company looking to establish their US headquarters in Charlotte, not New York or San Francisco or Austin?  Tookitaki is a Singapore based company with a very well respected founder, who is the process of completing a funding round and is looking to expand rapidly now. Tell Seth Twery in 2011 that will be his path – along with some other twists and turns – through 2018 and he’d ask why does it have to be so hard. But he'll readily admit the path he took then looks to be much easier today for those looking to follow in his footsteps. Along the way, Seth has become an investor in IDEA Fund Partners, gotten very involved in the Charlotte startup scene and is working to increase the number of early stage investors through a series of quarterly events targeted at investors – who like him are craving the opportunity for growth. Listen to Seth talk about his story today and how it all came together.  Listen to what is now a seasoned investment professional who made the leap and talks openly about what from his corporate life was applicable and what he’s learned along the way.

Today we have Aru Anavekar back joining us on the podcast.  As we learned last week, Aru and her husband Ramu Pulipati are the Co-Founders of botsplash – “a software as a service messaging platform aimed at improving communications between consumers and businesses.”  We focused mostly on Aru and Ramu and how they got to this point.  This week I wanted to focus more on botsplash, the business. So this week, we wanted to talk more about the business and how it’s developing.  We learned last week Ramu is the developer behind the business and Aru is running the business and drumming up new business.  Our conversation focused mostly around the following and just like last week Aru does a great job weaving us in and out of what’s going on. When did they start the business? In a ‘use case’ how would botsplash work for a business segment? They did a big pivot in 2017.  How did the business start? What led them to pivot to their new business model? How are they beginning to use machine learning in the business model? How did the pilot/alpha users respond to the fact that botsplash was going to change its business model? How has it been creating a startup in Charlotte? What is the Charlotte Bots and AI group? What is the plan for them to raise money from investors for botsplash?  How do they intend to tackle that aspect of the business? What is Collective Hustle and why does it exist? Several key people have stepped up and served as mentors and advisors to the botsplash.  What has that been like and how tight is the network in Charlotte. What’s the next 12 months look like for Botsplash? Enjoy today’s podcast.   William Bissett is an Investment Advisor Representative with Secrest Blakey & Associates, a Registered Investment Adviser.  Opinions expressed on this program do not necessarily reflect those of Secrest Blakey & Associates. The topics discussed and opinions given are not intended to address the specific needs of any listener.  Secrest Blakey & Associates does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.  Investments described herein may be speculative and may involve a substantial risk of loss. Interests may be offered only to persons who qualify as accredited investors under the Securities Act, and a Qualified Purchaser as defined in Section 2(a)(51)(A) under the Company Act or an eligible employee of the management company. There generally is no public market for the Interests.  Prospective investors should particularly note that many factors affect performance, including changes in market conditions and interest rates, and other economic, political or financial developments. Past performance is not, and should not be construed as, indicative of future results.

Today we welcome back Jude Colangelo, Founder and President of Eat the Bear, to the podcast.  As we learned last week from Jude, Eat the Bear has grown from a desire to fill his own protein needs to a company now shipped across the country.  Last week we heard a lot of the story around Eat the Bear and how it’s grown. This week I wanted to explore what Jude learned about being a startup raising money in Charlotte. How did Jude make the decision to leave his day job and jump full force into growing Eat the Bear? What’s is like being a startup raising ‘risk capital’ in Charlotte? What was the response from “Eat the Bear” when they pitched high net worth investors in Charlotte? How long did it take Jude to raise his $1 million in funding last year and how long did it take him to realize Charlotte wasn’t going to be where he raised his capital? When will Jude have to raise money again and does he think any of the investors he spoke with last year will come on board for his Series B? What does Jude think it will take to increase the amount of ‘risk capital’ available for Charlotte entrepreneurs from within Charlotte? Does Jude expect to sell this in 2 years or does he expect to take it public and run it for years? Good perspective from Jude.  I thought it would be great to dive into his thoughts about raising money and really let him voice the entrepreneur side of raising money in Charlotte.  We will circle back around soon and get some feedback from investors about their side of turning down the investment opportunity for some of the local startups. In the meantime, next week we will open the first of two podcasts with the founder of two companies from Class 8 from the QC Fintech Accelerator Program, Credpal and Invoira. William Bissett is an Investment Advisor Representative with Secrest Blakey & Associates, a Registered Investment Adviser.  Opinions expressed on this program do not necessarily reflect those of Secrest Blakey & Associates. The topics discussed and opinions given are not intended to address the specific needs of any listener.  Secrest Blakey & Associates does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance.  Investments described herein may be speculative and may involve a substantial risk of loss. Interests may be offered only to persons who qualify as accredited investors under the Securities Act, and a Qualified Purchaser as defined in Section 2(a)(51)(A) under the Company Act or an eligible employee of the management company. There generally is no public market for the Interests.  Prospective investors should particularly note that many factors affect performance, including changes in market conditions and interest rates, and other economic, political or financial developments. Past performance is not, and should not be construed as, indicative of future results.

Today we have Brett Brohl, who is the Managing Director of a new accelerator called TechStars Farm to Fork (www.techstars.com/farmtofork) - note Techstars is a long-running accelerator, but Farm to Fork is a brand new program within Techstars.  They are working with Cargill and Ecolab to develop this program.  Brett first came to North Carolina where he went to Wake Forest in college.  Since then he has gone on to start and run quite a few startups and now lives in Minneapolis where he has been part of Techstars for the last couple of years. For our typical two part interview with Brett, I wanted to change things up.  We did the first part of the interview prior to Brett coming to Charlotte in early February.  First I wanted to hear about the program and what Brett is setting up.  I also wanted to get Brett’s expectation about Charlotte before he got here.  The second part of the interview occurred after Brett had come to Charlotte.  In this interview, we will explore more about the Farm to Fork program but will also talk with Brett about his experience in Charlotte and what he saw. So as we explore those concepts, we touched on the following topics today: What’s does Food to Fork mean what types of companies are the looking to find? When does the first class start and how long will it last? What does the program cover for the entrepreneurs and what can founders expect during the 3 months? What’s life like for a company after the 3 months in the accelerator program? What is Brett’s experience as an entrepreneur (including what was Brett’s highest selling candy bar as a middle schooler)? Why is Brett coming to Charlotte to look for companies for the Farm to Fork Accelerator? What are Brett’s expectations for coming to Charlotte? What is the startup scene like in Minneapolis – Brett’s current hometown? What does Brett think is more important to grow an entrepreneur ecosystem – founders or capital? What do they look for in a company? Stay tuned for next week as we continue with Part II with Brett.

Alan Fitzpatrick is CEO and Co-Founder of Open Broadband, Co-Founder of Charlotte Hearts Gigabit and NC Hearts Gigabit.  He’s a long-time supporter and member of the Charlotte startup community and I’m excited to bring you today’s podcast with Alan.  We had our interview on the day after the Southeast Fintech Venture Conference and you will hear us reference it throughout this week and next week’s interview.  Alan and I almost immediately jumped straight into the interview – where as I typically start the interview after a few minutes of pleasantries so don’t feel like you’ve missed anything. Today’s podcast covers a broad range of topics so listen carefully.  As the interview progresses, you can get a clear sense Alan has been around startups for a long time.  He has a very clear sense of awareness and it comes through during several points in the interview.  Some of the areas we cover today are: How is Open Broadband doing as we close out 2017? Who is their target market and how are they selling into those markets? How did they decide to start Open Broadband?  What is the driving force behind the concept of delivering high speed internet to rural communities?  Teaser 78% of the country has no access to high speed internet or only 1 provider (i.e., no competition for business). What type of speed can Open Broadband deliver to its customers? How is high speed delivered to rural markets and why aren’t traditional internet providers currently doing it? What’s their competition? Can’t these customers just use a mobile hotspot rather than have to sign up for Open Broadband? As an entrepreneur who left DC 74 after it was sold, how long did it take Alan to come up with the concept and business model for Open Broadband? How did Alan and Kent Winrich come together as co-founders of Open Broadband? What has the year been like for Alan and the company? They brought revenue in the door in the first month.  Why did they do that and how did they make the decision to do so. Open Broadband raised a small seed round to help out of the gate.  What was the experience like to raise that money and what is their strategy for raising money in the future? What’s the end market for Open Broadband? What advice does Alan have for new entrepreneurs when it comes to building a startup in Charlotte and the fundraising process in Charlotte? What happened when Alan went up to New Ventures in Winston Salem? What’s the term Alan thinks every startup needs to take to heart? So we wrap up this part talking about perseverance?  This leads into some key topics we discuss for next week’s podcast including how does Alan handle the inevitable ups and downs of ‘the startup life’, what is on the horizon for Open Broadband in 2018, does Charlotte want/need Amazon HQ2 and many other topics around startups in Charlotte. So join us next week on the Charlotte Angel Connection for the 2nd part of our interview with Alan Fitzpatrick!

  Today we welcome back Dan Roselli, Co-Founder and Managing Director of QC Fintech, and Sarah Smith, Program Manager for QC Fintech and a 2016 Venture for America Fellow. Dan, Sarah and the rest of the team at QC Fintech are bringing Charlotte its’ first venture conference - the Southeast Fintech Venture Conference on November 20, 2017.  The event will be hosted at Barings brand new global headquarters which is right across the street from Packard Place - home of QC Fintech. Our conversation covers a wide array of topics mainly centered on what is the Southeast Fintech Venture Conference and how it can and will impact Charlotte’s startup ecosystem moving forward.  As such we cover the following and more: Why do a Fintech Venture Conference in the first place? What’s it been like for the QC Fintech accelerator to expand from 1 class to 2 classes this year? What has it taken to develop and host a Fintech Venture Conference in Charlotte? What is the next mountain to climb for Dan, Sarah and the rest of QC Fintech? Speaking of mountains, listen to the 2011 launch of Packard Place and how it jumpstarted Charlotte’s startup scene. https://www.youtube.com/watch?v=B1HFGhHdo7M Is there a missing component in the Charlotte startup scene right now? How important has it been to have Barings be the sponsor of the Southeast Fintech Venture Conference? Is QC Fintech and the Southeast Fintech Venture Conference an economic development recruitment tool for Charlotte? How can Charlotte compete against London and New York as a Fintech hub? Next week, we have the first part of a two part interview with the founders of Qbrics, Qoins, and Capway and then have a Thom Ruhe from NC IDEA.  So stay tuned for a number of great interview on the horizon for the Charlotte Angel Connection. For more information on the companies presenting at the Southeast Fintech Venture Conference, please see the list below: · Honeyfi · uBack · Ceterus · VITAL4DATA · Medxoom · Trust Stamp · WalletFi · Yellow Card Financial · Accelerator Partner The Venture Center: Monotto & LumoXchange · Accelerator Partner SixThirty: Cheddar & Painless1099 · Accelerator Partner MACH37: ThreatSwitch & NormShield · Catapult · MyLumper · Payzer And the list of fantastic companies in QC Fintech Class 7 is: · CapWay · QBRICS · Veriphy Analytics · Hardbacon · Speakalytics · Qoins · Tookitaki · Remotize · Quarule

This is the second part of our podcast with Yami Nesrala, Director of Miami and Charlotte for Venture for America. In our interview last week, we spoke a lot about the fellows – who they are, how they are selected and more.  This week I wanted to address the benefits the companies and the community get out of Venture for America and then focus on how the community can support VFA in Charlotte.  As such, today’s podcast with Yami covers the following: What does the company get out of hiring a VFA fellow? Why can’t companies just do this on their own? What’s the goal for building the VFA program in Charlotte over the course of the next 2 to 3 years? What does VFA look for in companies for their fellows? How many company partners does Charlotte have and how can we increase the number of company partners here in Charlotte? What makes a company successful as a VFA city? How can Charlotteans support VFA? Are there volunteers for the Selection Day? At several points during our interview, Yami mentioned contacting her directly about volunteering or financially supporting VFA in Charlotte.  Her email address is yamile@ventureforamerica.org for those of you who want to be a mentor, advisor, offer meeting space, or support VFA financially. I’m also excited to announce that Charlotte has been selected to host Venture for America’s Selection Day on December 1, 2017.  As you heard in the first part of this podcast from Yami, Venture for America has been in Charlotte for three years now and we’ve had 20 VFA fellows come through startups here.  Charlotte hosted our first Selection Day in the Spring of 2017 and we are fortunate to have the opportunity to host it again. This event is a tremendous opportunity to showcase Charlotte to students who may have never been here and could consider coming to Charlotte as a fall 2018 VFA fellow.

Today, we are extremely fortunate to have Walter Frye join us. As you’ll hear in our conversation, I’ve known Walt since early 2016 and have really enjoyed getting to know him – and I think you will too.  He’s been a great advocate for all things startup and angel investing in Charlotte and has brought a high level of energy and passion to the scene. I wanted to talk with Walt as he’s the kind of ‘roll up your sleeves’ guy you always want to be around.  If he sees a problem or an opportunity, he’s right there to take action.  As such, he’s gotten very involved with the Charlotte Regional Fund for Entrepreneurship.  You will learn this today, but anything Walt gets involved with he does with 100% effort.  So as the Charlotte entrepreneurship efforts grow, we are extremely fortunate to have Walt help leading those efforts. Walt brings a wealth of experience to the Charlotte Regional Fund for Entrepreneurship.  In our discussion today, we discuss and hear from Walt on a ton of different items in the startup/angel community including: Why should people consider getting involved? What organizations are in Charlotte to support startups (QC Fintech, City Startup Labs, QC Forward, CLT Joules, Ventureprise and more). What's the benefit to having a thriving startup culture in Charlotte What is Charlotte Regional Fund for Entrepreneurship doing going forward? Promoting Charlotte Entrepreneurship Focus on Talent Strengthen the ecosystem and interconnectivity of the ecosystem Capital Can startups impact and improve the upward mobility issue in Charlotte? And much more. I hope you enjoy today's episode and be sure to tune into next week's episode of the Charlotte Angel Connection with Matt Potere of Sunlight Financial - a great startup secret right here in Charlotte.  

The Hornets were .1 seconds away from dropping their second game at home and one shot away from getting a second straight victory over the Bulls. Such is life in the NBA. One play, one tenth of a second can make all the difference and yet larger issues lead the Hornets to both of those situation. I discuss some of those issues and what they mean for a still-changing rotation heading into a long home stretch for the Hornets with Adam Chin, editor of Baseline Buzz. Hive Talk Live PLUS: The atmosphere at Time Warner Cable Arena has been electric for the Hornets first three home games. How hot is a ticket to see the team in Charlotte?What does the future hold for Al Jefferson in Charlotte? Learn more about your ad choices. Visit megaphone.fm/adchoices