Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Patrick Shawn Faherty

Patrick Shawn Faherty has started 3 posts and replied 182 times.

Post: Has anyone worked with Maverick Investor group?

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64

@Marky Suazo see the post below. I can not recommend them as they continue to push ABC’s products.

Post: Morris invest - any insights?

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64
Originally posted by @Luis F.:

The Morris family left the country: http://natalimorris.com/out-of-office-reply/

 I wonder if the place they went has extradition to the USA?  I'm glad she is so supportive of her husband, but I do think he has at least some level of culpability. I don't ever recall him mentioning any partner beside Natali. Perhaps he did, but he was definitely the front-man.  

Her fans sure are supportive so far per the comments on the bottom of her blog.

Post: Another Spartan Invest Turnkey Case Study

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64

Thanks for the update Rob, and I hope things stay positive for you from here on out.

Post: Columbus Turnkey Houses: Problems

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64

@Edward Brewington thanks for the update and advice.

Post: Columbus Turnkey Houses: Problems

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64
Originally posted by @Edward Brewington:

To update my situation, I talked to RJ, who runs Columbus Turnkey Houses, and they paid for the paint job for the whole home that had a violation. I must say....I was extremely pissed at first, but RJ listened to my complaints and followed through on a home they remodeled.  I am thoroughly grateful and completely respect this company once again. I've learned a great lesson.....I need to have more than one objective inspection, talk to more agents and customers of the particular company I am going to do business with, and I need to clearly see what the city requirements are for rental properties before I go forward with my next investment. Lesson learned! 

 Hi Edward. Any more updates on columbusturnkeyhouses.com?  Anyone else with insight on them? Thanks. 

Originally posted by @Kevin Kraver:

Glad to see this thread is still going. I spoke with TJ several times. I was extremely impressed with him and considered him to be very trustworthy. I like the model, but in the end, I have not moved forward with Aurora because I deemed the waiting period from purchase close to rehab complete tenant placed to be pretty long. Something like 6months.

@Vera Herlihy @Eduardo Arteaga curious what your experience (wait time) has been like for deals that you did close with them. If they figure out how to tighten it up, I would jump back in. 

 That is a concern of mine as well. In for hearing what others are experiencing.  Kevin, did you find a TK provider/model/market you do like?

Post: Philadelphia - Property Manager

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64
Originally posted by @Alex Petrov:

Any other updates to that thread? I am looking to change my Property Manager in Phila. Will have 2 units and a store that needs to be rented in the near future. Anyone who is stuck with the same PM over 2 years? Trying to get in touch with Anchor PM but they have not returned 2 of my calls? Not a good start IMHO.

 Anchor is pretty responsive via email. You may want to reach out to the manager: walter @ anchorrealtypa.com

Post: Please Help me analyze this deal

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64

So are you moving forward?

Originally posted by @Adam Batcheller:

@Baset Shagrun

So, I spoke with my tenant about installing ceiling fans. I told him that since his step-brother was NOT a licensed electrician, I could not allow him to do any work on my asset. I said I would look into the cost and get an estimate from MY electrician. My tenant agreed that “it is not that important and he appreciated me looking into it”. Case closed:).

I personally would like to put the fans in and make my place better, but I don’t have the financial means to do this at this time.

 Positive outcome!

Post: Please Help me analyze this deal

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64

It does seem like you are projecting a bit high on some expenses (though it is good to be conservative). And definitely let the tenants pay for utilities.