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All Forum Posts by: Patrick Shawn Faherty

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

Post: Investor in Fredericksburg VA

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64
Any of y'all attending the meetup get together? Shawn in Stafford.

Post: Local REIA in the DMV (District, Maryland, Virginia)

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64
Hey Andrew. Can you send me the Wed F/C info? (We met at the Thursday event at Tysons ) Shawn

Post: Freedom number

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64
It's only been ages hours and you asked several questions... Can you clarify what $5000 PM is (means). Thanks.

Post: Morris invest - any insights?

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

@Jeremy Buttell Thanks for sharing.  Glad you are happy with them so far.  Did you in fact have to pay cash? (I'm looking for a TK provider and prefer to use financing.)  Also, how have your interactions been with the property management company? 

Shawn in VA

Post: Short term investments

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

@Patrick Shawn Faherty I ended up investing in a high yield bond fund PHYDX that was paying a monthly dividends of  around 4.5% with a dividend reinvestment option.  It was a fairly stable investment with a decent income stream ($40/month) that I reinvested.  I actually left some money in the fund due to the decent return compared to traditional savings accounts.

  Thanks for the reply. Sounds like a good choice. 

Post: Short term investments

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

@kevin 

@Kevin Wells what did you end up doing?

I was searching for info on GEG and came across this thread. I hope things are still going well.  Those numbers are great!  I have not been able to find many other threads that have feedback on GEG. I have a call with them next week.

P. Shawn 

Post: Growth Equity Group

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

Any updates? Anyone have experience with them? Any work on Brett Immel's pending fraud case?

Post: Bookkeeping

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64
I recently heard about https://www.rentecdirect.com/ here on this forum. Worth a look. Free for first 10 units.

Post: Tim from Richmond, VA

Patrick Shawn FahertyPosted
  • Fredericksburg, VA
  • Posts 190
  • Votes 64
Hi. My daughter is a student at VCU. I never spent any time there until she started school last year. Now we really love RVA. I can see buying property there and possibly moving there one day. Best of luck in fulfilling your plans. Shawn in Stafford, VA