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Realtor Nation Podcast (Ep17): Josh Adamek, President and Investment Manager for Adamek Ventures, Inc.!

DHREA 17/06/2019

 

In the latest episode of The Realtor Nation Podcast, Ian Hoover sits down with Josh Adamek, President and Investment Manager for Adamek Ventures, Inc.!

Josh has a strong investment background in the Pittsburgh market. Since the inception of his investment career at the age of 21, Josh has been a principal in more than 100 residential and commercial real estate transaction with a market value in excess of $20,000,000. What made this possible for Josh is the safe, secure use and leverage of private and institutional investor capital. A true testament to Josh’s values and business sense is that through all of these transactions he and his companies have never, ever missed a payment or targeted return for their investors and almost every investor has chosen to reinvest when given the opportunity. As Adamek would say, “It sometimes take years, if not decades to build relationships and credibility. Minutes, if not seconds to destroy them.”

In addition to his work with Adamek Ventures and his other company, Synergy Capital, Inc., Josh volunteers his time serving as President on the board of directors for Acre of Pittsburgh. Acre is a real estate investors association with more than 400 active members and has been around since the early 80’s. Acre’s purpose is to develop and support responsible real estate investing through networking, training and education.

Along with being an active board member, Josh was asked to start teaching investment classes and workshops through Acre of Pittsburgh. He began doing so but only as an opportunity to give back to the group and other organizations. Rather than accepting payment for these classes, Josh chose to run the events as fundraisers donating all net proceeds to Glimmer of Hope, a Pittsburgh based breast cancer foundation.

This episode is filled with information from two highly successful entrepreneurs! Don’t miss this one!

 

Network with nearly 700 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
687 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
157 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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Tara Mortgage Services featured blog: The Exciting Possibilities of a VA Cash-Out Refi

DHREA 12/06/2019
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(Each week we feature a blog from one of our fantastic affiliates, Tara Mortgage Services!)

If you’re a veteran, you have several options for refinancing — ones that work differently than a streamline refi. With a VA cash-out refi, veterans like you can take out some of the equity and use it however you want.

Just like any other big financial decision, you’ll want to understand it fully to see if a VA cash-out refi is what you need to reach your financial goals. Read over this guide for a quick overview and contact our office for more details.

Not a veteran? No problem! There are many refi programs available. Contact us today to find out how we can lower your rate or your monthly payment, or get some cash out from your equity to help pay for those future college expenses.

Why you should consider a VA cash-out refinance

The biggest draw of a VA cash-out refi is the cash, of course! How much cash depends on how much equity you have on your home. For example, if your mortgage is $200,000, but you’ve paid off $60,000, then the full $60,000 is available to you (less closing costs).

It gets even better! Refinancing your loan could also mean getting a lower rate or even lowering monthly payment. You aren’t required to take out the full amount with a VA cash-out refi. You can take out much less. Perhaps 10k is all you need, and that’s okay!

How do veterans use their cash-out equity?

The choice is yours! Everything from remodeling your kitchen to buying a car to taking a vacation to paying for school expenses is allowed with a VA refi. If you have a lot of credit card debt and the interest rates are higher than your refi rate, you may even want to use that cash to pay off your debt.

Here’s another benefit: if you’re a veteran with a conventional or FHA loan, a VA cash-out refi can erase the mortgage insurance that is required with those types of loans. Mortgage insurance isn’t required with VA loans and veterans are eligible to get a VA cash-out refi regardless of what their current home loan is.

What if you don’t need the cash?

If you don’t need the cash but are looking to lower your rate, then take a look at an IRRRL.  Interest rates with this type of refi tend to be lower, potentially saving you money in the short term as well as the long run.

The goal of an IRRRL is to refi into a lower rate and it’s also a requirement. So if your current home loan rate is lower than an IRRRL, then you will not qualify. Note that with a VA cash-out refis don’t have that “lowered rate” requirement.

Things you’ll need to apply for a VA cash-out refinance:

A VA appraisal may be required as well as a current copy of your credit. Of course, you’ll also want your VA certificate of eligibility. The only thing left is to apply! We’ve made it easy. You can get started right on our website. Click on the “apply now” buttons found throughout our site, and we’ll take care of the rest!

Network with nearly 700 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
685 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
154 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Next Meetup

Landlord FAQs

Thursday, Jun 13, 2019, 6:30 PM
15 Attending

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

Real Estate Investing w/ Alex Deacon (Podcast): Turn Key Property Investments

DHREA 07/06/2019

Turn Key property investments seem so easy and too good to be true. That’s because they are! Turn Key deals are not as easy as one would think, and in this episode, Alex Deacon guides you through steps YOU should be taking before investing in a Turn Key property.

Knowledge is your ultimate weapon when it comes to being successful in Turn Key investments. “The Deacon of Real Estate” weighs out the risk versus reward, questions you should be asking, and answers you should be demanding. Set yourself up for success! Don’t miss this episode!

Network with over 650 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Finding and Quickly analyzing your next RE Deal

Saturday, Jun 8, 2019, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

39 Members Attending

This is our most widely asked for workshop. We do this a few times a year and it will contain the steps you can take right now with very little experience. You can implement these steps and start using them in your day to day investment journey. We will discuss and hit on a few very important ideas on how to do the following 1. Where to look for th…

Check out this Meetup →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
153 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Next Meetup

Landlord FAQs

Thursday, Jun 13, 2019, 6:30 PM
13 Attending

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

🚨 Alex Deacon’s June Real Estate Investing and Networking Workshop is this Saturday, June 8th! Details Inside! 🚨

DHREA 05/06/2019

This is our most widely asked for workshop. We do this a few times a year, and it will contain the steps you can take right now with very little experience. You can implement these steps and start using them in your day to day investment journey. We will discuss and hit on a few very important ideas on how to do the following:

1. Where to look for the good RE deals

2. The ability to recognize a good deal so you are saving time and money.

3. How to quickly evaluate those deals.

4. All the traditional and non-traditional ways to find good deals, including: the MLS, agents, websites, live and online auctions, target marketing and direct mailings, signs, networking with other investors, etc.

In this super competitive sellers market, you need to be able to evaluate and make quick decisions. Otherwise, you will lose out on a lot of deals.

We will also have a guest speaker Paul Ritter who specializes in credit repair. For those who want to properly monitor their credit score, or raise it fairly quickly, then you don’t want to miss this session. For a small monthly fee, Paul and his team have helped thousands of people increase their credit score and learn how to closely monitor their score. He will speak for 20-30 minutes, and take Q & A about how our current credit system works.

We look forward to seeing everyone there! Click below to RSVP, as seating is limited!

Finding and Quickly analyzing your next RE Deal

Saturday, Jun 8, 2019, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

34 Members Attending

This is our most widely asked for workshop. We do this a few times a year and it will contain the steps you can take right now with very little experience. You can implement these steps and start using them in your day to day investment journey. We will discuss and hit on a few very important ideas on how to do the following 1. Where to look for th…

Check out this Meetup →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

Control Moisture and Humidity in Your Home!

DHREA 22/05/2019
Living Room.

 

Excess moisture in your home can lead to damage and encourage harmful mold and mildew growth. Learn how to reduce moisture and prevent the problems it causes.

Indoor Moisture and Humidity

Moisture condenses into water droplets when warm, humid air contacts a cool surface. Activities such as cooking, bathing, clothes drying and dish washing add moisture to the air. Some heating appliances, such as unvented natural gas or kerosene models, also increase the moisture inside your home. During the winter, windows, walls and doors that lack proper insulation are common cool surfaces. Uninsulated cold-water pipes are examples of cool surfaces in the summer. Droplets can accumulate on these surfaces and run down into the walls, windows and structural components, causing rot and peeling paint, and providing a good environment for mold and mildew growth.

Controlling Indoor Moisture

Bathroom Exhaust Fan.

 

 

When you see moisture accumulating, dry it promptly and deal with the source of the problem. Two basic elements of controlling moisture buildup are minimizing cool surfaces and reducing humidity.

Storm doors and windows minimize cool surfaces in the winter by separating the interior from cold, outside air. Double- and triple-pane windows also insulate interior glass from the cold. In addition to reducing moisture, adding these improvements will make your home more energy-efficient year-round. Pay attention to window treatments as well. Opening drapes and blinds in the winter allows warmth to reach the interior glass. Some condensation may occur, but the improved circulation makes it less likely to accumulate. Insulating cold-water pipes eliminates a common cool surface in warm weather. Straight and angled sleeves let you fit insulation to your pipes — just slide on the sleeves and seal the slits and joints with duct tape.

Your heating and cooling systems can also help control moisture in the home. Gas and electric furnaces reduce humidity with dry heat. Air conditioning lowers the moisture level in the air as it cools. Keep registers open and unblocked to allow good air flow, and have the systems inspected and serviced regularly to make sure they are functioning properly.

Caulking and weatherstripping improve energy efficiency and prevent humid air from entering a home, but they also reduce the air exchange that allows moisture to move out of the house. Bathroom exhaust fans, dryer exhaust and ducted kitchen exhaust hoods that vent to the outside remove moisture that activities such as showering, bathing, clothes drying, dish washing and cooking create. Keep the devices free of dust, lint, grease or anything that could keep them from working efficiently.

Other simple ways to reduce air moisture include:

  • Covering pots while cooking, when possible
  • Leaving room doors open to allow good air circulation
  • Storing firewood outside
  • Covering aquariums

If high humidity is a problem you can’t overcome by other methods, remove moisture from the air with a dehumidifier. They’re effective in laundry rooms, basements, bathrooms and any room that isn’t air-conditioned or has poor air circulation. Look for ENERGY STAR® qualified models, which consume less energy than conventional dehumidifiers.

Good to Know

Humid air leads to condensation problems, but air that’s too dry can be uncomfortable or unhealthy and can lead to static shocks. Keep the relative humidity in your home between 30 and 50 percent. You can purchase a weather station that measures indoor humidity levels.

Other Moisture Considerations

Gable Power Vent.

 

 

Moisture in the home is not always as obvious as water beading on a window. Knowing other places it can accumulate can help you prevent problems.

Poor ventilation in an attic can result in condensation, promoting mold growth in the framing elements of the house. This can affect your home’s structural integrity. Keep eave vents clear of insulation and make sure you have adequate air flow.

A sealed, unused fireplace creates an opportunity for moisture problems. If air doesn’t circulate in the fireplace, condensation can accumulate on the walls and soak into the masonry. Make sure some air can flow through the fireplace, but rain cannot enter it.

If you have a crawlspace, moisture from the soil can enter your home, increasing the level of humidity. A vapor barrier over the bare soil blocks the moisture, keeping it out of your living space.

Rain that seeps into your home’s foundation can lead to moisture problems. Make sure your gutters work properly and direct water away from your home’s foundation.

Caution!

Some moisture problems require more complex solutions, and sources of moisture may be hidden. Consult a professional if you have serious condensation or mold problems or if you suspect you may not have adequate ventilation.

Network with over 650 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
673 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
145 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More
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