Tag Archives: Business

Alex Deacon’s Property Management Series (Podcast): Property Management & LLC Liability

DHREA 21/05/2019

In this episode of Alex Deacon’s Property Management Series, “The Deacon of Real Estate” discusses the importance of protecting your property management company with an LLC!

LLC’s ultimately protect you and your personal assets, and Alex delivers some of the more unusual situations he’s experienced as a property manager. Don’t miss this episode, where you’ll learn to be ready to protect yourself against absolutely anything!

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
671 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

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Tara Mortgage Services Featured Blog: Mistakes to Avoid as a First-Time Homeowner

DHREA 15/05/2019
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(Each week we feature a blog from one of our fantastic affiliates, Tara Mortgage Services!)

Buying your first home is a thrill. Browsing homes online, daydreaming when driving through neighborhoods, and creating a Pinterest board to save remodeling ideas is great fun. But don’t let the excitement of buying your first home cause you to make silly mistakes.

Here are the most common and avoidable missteps for first-time homebuyers.

1. Falling in love with a home before applying for a home loan

Many first-time buyers start by looking for a home before applying for a mortgage. What happens if you actually find a home you want to buy? Without pre-approval, you have no way to make an offer on your dream home. Instead, start by applying for a home loan. That way you’ll know how much you can afford as well as have a letter of approval showing that you are a qualified buyer. 

2. Going over on your budget

A little bit here and there may not cause too much harm. But going over your homebuying budget can eventually cost you your home if you’re unable to make payments. In other words, just because you were approved for a $300k home loan may not mean that you can afford the monthly payment.

Instead, consider the required monthly payment as well as how much you qualify for. Make sure that you can comfortably make the monthly mortgage payment and avoid the temptation of buying more than you can afford.

3. Rushing to move

Buying a home in 2019 is much faster than it was two years ago thanks to digital convenience, but the actual process of moving still takes time. Rushing to move could cause cost you –and the last thing you want to do is charge up your credit card or tap into your savings to cover a rushed relocation.

Instead, plan well ahead of time to save up for your downpayment, extra for buying appliances and furniture, packing supplies, a moving company or truck rental, and other “surprise” expenses for moving.

4. Being casual with credit use

One of the first things we do when you apply for a home loan is pull your credit. However, many first time homebuyers don’t realize that it’ll get pulled out again just before closing to make sure that nothing has changed. If significant changes are found, then your approval status could also change!

Instead, attempt to keep your credit the same or, if possible, improve it. Try to keep existing balances down to about 30 percent of the credit limit and make your payments on time. You also want to avoid opening new credit cards and keep your credit rotating on the ones you currently have.

5. False believe a 20 percent down payment is necessary

You don’t NEED a 20 percent down payment to buy a home. You can buy a home with 0-3 percent down. The advantage of having a 20 percent down payment is that you can avoid the cost of private mortgage insurance (a requirement if you put less than 20 percent). However, many home loan programs allow for little down, so there is no need to spend years saving for a large downpayment.

Instead, consider an FHA loan. It requires only 3.5 percent down or sometimes even zero down. If you’re a veteran or qualify for a USDA loan, there are even more perks! VA loans are for active-duty and veteran military service members as well as for their spouses. They don’t require a down payment, but a funding fee is sometimes necessary. USDA loans are meant for moderate- to low-income borrowers that want to buy homes in rural areas. There are specific eligibility requirements and some qualify for zero down.

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
670 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
144 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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Realtor Nation Podcast (Ep16): Jesse Wig, Owner of Lifespace and Atlas Estates (and self-proclaimed “Bearded Bowtie Guy!”)

DHREA 08/05/2019

In this episode of The Realtor Nation Podcast, Ian Hoover sits down with Jesse Wig, Owner of Lifespace and Atlas Estates. Jesse’s big personality and positive mindset really set the tone for a fantastic conversation between two highly motivated and successful entrepreneurs.

Jesse also adopted the moniker of “Bearded Bowtie Guy”, and we can’t say we disagree. Jesse’s beard is a thing of beauty! In fact, Jesse filmed a TV pilot for HGTV in part of his amazingly positive personality and branding!

Ian and Jesse’s bold personalities make for a fun and must-listen episode! Listen below!

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
669 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
141 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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🚨 Pittsburgh Landlord Group Meetup This Thursday! (Selecting A Lease) 🚨

DHREA 08/04/2019

Alex Deacon is hosting his monthly Pittsburgh Landlording MeetUp this Thursday, April 11th!

We will discuss some different leases. If you have a lease you want to bring to the group please email me a copy so I can show it on our screen.
alex@alexdeacon.com

See you all there! Please make sure you RSVP since we have limited seating! Our group has been steadily growing every month. Reserve your seat at the link below!

Selecting a lease

Thursday, Apr 11, 2019, 6:15 PM

552 Washington Ave
552 Washington Ave Carnegie, PA

4 Members Attending

We will discuss some different leases. If you have a lease you want to bring to the group please email me a copy so I can show it on our screen. [masked]

Check out this Meetup →

Alex Deacon’s next Real Estate Investing Workshop is Saturday, April 13th! We’ll be discussing “Financial Freedom in Simple, Easy Steps” with special guest speaker Kathi Stoddard. Seating is limited, so reserve your seat in the room today! Click below!

Financial Freedom reached in simple easy steps

Saturday, Apr 13, 2019, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

22 Members Attending

The workshop will be revolving around the long term step by step plan to ensure financial freedom through real estate investing. Most of our focus this month will be on the master plan to start today with a long term buy and hold business plan and setting yourself up to ensure success. Its a very simple and easy plan to implement but it does take t…

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


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🎈COMMERCIAL BUILDING REDUCED! Details Below!🎈

DHREA 04/01/2019

Your new location awaits! The former daycare features a large open floor plan with an office, kitchen and multiple restrooms. Outside it has a large parking lot, nice side yard was used as a play area and a shed. Could be used for many different uses. Check out the slideshow below, and click this link for full property details!

Don’t miss Alex Deacon’s first FREE Real Estate Networking Workshop of 2019! Click the box below to reserve your seat in the room!

Detailed Game plan from A-Z for your next Buy and Hold

Saturday, Jan 12, 2019, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

14 Members Attending

This is a great session for those who want to buy and hold. This will give you an idea of realistic expectations that you can count on for your current and your future investments. We will look at some of my current and past buy and hold properties and take a close look to see what mistakes and successes I had made and lets learn from those and com…

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

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Alex Deacon Podcast Special: Who Is Ian Hoover? (Alex’s Perspective)

DHREA 05/09/2018

 

In this very special episode of Real Estate Investing, Alex Deacon wanted to take a minute and thank his business partner, Ian Hoover. Ian and Alex have been doing business with each other for nearly a decade, and Alex wanted to explain why YOU should also be doing business with this amazing real estate professional!

 

We’re making this the biggest workshop to date! Really exciting material at Alex Deacon’s real estate workshop this Saturday. Reserve your seat today!

Zero Money Down is not Impossible

Saturday, Sep 8, 2018, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

37 Members Attending

I know it sounds too easy to be true and I often preach that if it sounds too good to be true then it probably is. In this case I am confident saying that this can be done regardless if you have been in the business as long as I or if you are new to the business of Real Estate Investing. I am going to show you the step by step process to start your…

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

 

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Real Estate Investing w/ Alex Deacon: Why Attend The Alex Deacon Workshops?

DHREA 28/08/2018

 

In Alex Deacon’s latest installment, “The Deacon of Real Estate” discusses why you SHOULD BE attending his FREE workshops!

You can pay an entry fee or some other kind of buy-in somewhere else, and go away without ANY quality information! It happens all the time!

– OR –

You can attend one of Alex Deacon’s Workshops where you can network with other professionals, trade info and best practices, refresh the fundamentals, and much more!

Give this episode a listen and find you why, if you want to be successful, you don’t just WANT to attend Alex Deacon’s Workshops…you NEED to attend Alex Deacon’s Workshops!

 

 

Two weeks away, and we already have 30 Real Estate professionals attending!!! RSVP today and reserve your seat in the room! This is THE workshop you want to attend!

Zero Money Down is not Impossible

Saturday, Sep 8, 2018, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

28 Members Attending

I know it sounds too easy to be true and I often preach that if it sounds too good to be true then it probably is. In this case I am confident saying that this can be done regardless if you have been in the business as long as I or if you are new to the business of Real Estate Investing. I am going to show you the step by step process to start your…

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

 

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Alex Deacon’s Property Management Series: Repairs & Contractors

DHREA 08/03/2018

 

Alex Deacon discusses handling repairs and building a rapport with contractors as a property manager. “The Deacon of Real Estate” tackles a variety of scenarios, ranging from storm doors to emergency calls, and everything between.

For more information on MACE Property Management, visit PittsburghPropertyManagement.com!

 

 

 

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Alex Deacon’s Property Management Series: Finding New Tenants

DHREA 01/03/2018

 

“The Deacon of Real Estate” continues his Property Management series on Real Estate Investing w/ Alex Deacon. In this episode, The Deacon discusses the most efficient and safest way to find and select new tenants. Alex walks you through the steps to help you find the most profitable and pain-free transition of tenants.

For more information, visit AlexDeacon.com and MACEpgh.com!

 

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Water Damage: 30 Seconds Could Save You $1000s!

DHREA 20/12/2017

 

 

“The Deacon of Real Estate” Alex Deacon explains how plumbing can be the bane of your existence, and gives quick and simple solutions that could save you thousands of dollars come wintertime!

This audio short is presented by Deacon Hoover Real Estate Advisors. For the full version and other questions, visit dhrea.com/learn!

 

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