All Forum Posts by: Patrick Shawn Faherty

With regards to the new PM that ABC is using, they are night and day different so far. They have given timely responses to my emails and even called me (twice!). I'm very hopeful about this change. Though I do need to follow up about last months rent payments (to me).

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Hi, I live in No. Stafford. I don't have any properties in the area. My rental house is in Philly. I have a couple of notes and am in two syndications. I'm also looking into Lease Options. Happy to connect with locals. -Shawn

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It appears Clayton/MorrisInvest are now pursuing funding via a crowd-funding platform (https://www.realtyevest.com/deals). I have not had the best of luck with realtyevest and and trying to exit my investments with them.

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Hmm, I see Matt's post has been removed. I sent you a PM @Matt Bowles .

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Originally posted by @Stacy Weng:

Agree with @Patrick Shawn Faherty ! I purchased a property through one of Maverick's TK providers in Baltimore and it's been a nightmare experience. This speaks to Maverick's "vetting" process or lack thereof.

When I reached out to Phil from Maverick to express my latest concerns, instead of addressing it with myself or with the TK provider, he simply forwarded my email to the TK provider, which then led the TK provider to send me an extremely unprofessional and nasty email.

I would definitely think twice before doing any business with them.

Very unfortunate that Maverick/Phil has apparently chosen to not address the issues. I think they see this a "typical" of a TK provider (and have a conflict of interest based on the commission they receive from the TK provider for marketing them... I will not be working with them in the future.

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Originally posted by @Jay Hinrichs:

they are a marketing company not a turn key provider.. they market properties for many different providers.. and Ali Boone on this site works with them as well I believe.

Very True. And there are several of us who purchased via Maverick that are not thrilled with the TK provider they continue to promote. Follow along here if you'd like: https://www.biggerpockets.com/forums/92/topics/136097-anyone-out-there-have-experience-with-abc-capital-investments-in-philadelphia-pa-for-turnkey-properties

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Linking a related thread: https://www.biggerpockets.com/forums/92/topics/136097-anyone-out-there-have-experience-with-abc-capital-investments-in-philadelphia-pa-for-turnkey-properties

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Originally posted by @Account Closed:

Anybody have experience buying on the buy-renovate-rent-refi model with Maverick in Philadelphia or using that model with other turnkey providers?

Follow this thread... https://www.biggerpockets.com/forums/92/topics/136097-anyone-out-there-have-experience-with-abc-capital-investments-in-philadelphia-pa-for-turnkey-properties

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Originally posted by @Brian Fehrle:

There seems to be several well experienced investors in here that are pointing out red flags.

Here's a question: If not MI, what else shall we look into? I think the reason many of us are following this thread is to determine if it's a good company to go with, and if it's not (not really looking like it), then where else shall we go?

What are signs of good Turn Key providers? What kinds of guarantees should we look for? What precautions should be taken to make sure it isn't some horrible scheme, or gross incompetence behind a company we chose to go with.

We understand that Turn Key isn't the best way to go, but for someone like myself, I have about 1 hour every two weeks to look into this kind of stuff, but I want to put some money into Buy and Hold real estate. So I consider it worth it, assuming it goes smoothly with a good company.

I sent you a PM.

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All Forum Posts by: Patrick Shawn Faherty

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

Post: anyone deal with Maverick Investor Group?

Post: Stafford, VA limited experience investor looking to grow.

Post: Morris invest - any insights?

Post: Clayton Morris Invest

Post: anyone deal with Maverick Investor Group?

Post: anyone deal with Maverick Investor Group?

Post: anyone deal with Maverick Investor Group?

Post: ABC Capital Investments

Post: Experience with Maverick Philadelphia?

Post: Morris Invest Case Study 2.0