Tag Archives: Investors

📢 NEW LISTING IN AVALON WITH MUST-SEE RENOVATIONS BY SHANNON STALEY AND SONS! 📢

DHREA 14/01/2019

After you view the slideslow below, click this link to see the stunning work put in by Chris Ciccarelli and the fantastic crew at Shannon Staley and Sons! We were blown away by the modernized look!

Network with over 600 other real estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com, and be the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
609 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 →

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 Featured Blog: Is Paying Off Your Mortgage Early Worth It?

DHREA 10/01/2019

(Every week we feature a blog from one of our fantastic affiliates, Tara Mortgage Services!)

Paying off debt as soon as possible is always is a good thing –but does that rule also apply to mortgage debt? Is making an extra payment each month to pay off the mortgage early worth it?

In this week’s post, we’ll explore the pros and cons of paying off the mortgage early.

Not a homeowner yet? We can help! Get started the pre-qualification process now using our secure online application.

Pro: Save On Interest

Making an extra payment to the principal balance of your mortgage helps save you money by lowering the amount of interest you pay. Although you can make an additional payment towards your principle at any time, this method is most effective when you first get your loan. This is because the principle is higher at the beginning of the loan. Hence, you are paying more in interest. Making an extra payment will result in saving in interest over time.

Con: Miss Out On Other Investment Opportunities

If you have the extra cash to put toward making an extra payment, that means that you have the extra cash to invest. Instead of trying to save money on your mortgage, you could, instead, making your money work for you. Making additional contributions to your 401(k), especially when you’re 10 years or more away from retiring, can result in significant earnings –sometimes more than what you could save by paying off your mortgage early.

Pro: Peace Of Mind

Reducing monthly expenses brings peace of mind and considering that your mortgage payment is likely your biggest expense, you can start to imagine how good it would feel to eliminate it early. Also, when calculating the cost of living, inflation, and what the average, fixed, retirement income is, getting rid of a housing expense becomes even more attractive.

Con: Prepayment Penalty – Sometimes

Some mortgages carry a prepayment penalty, meaning that you’re limited as to how much you are allowed to pay off and when. Though this may seem unfair, it’s not all bad news. The types of loans that carry prepayment penalties often have lower interest rates or other perks that save you money.

When it comes down to it, deciding to pay off your home loan early is a personalized is not a one-size-fits-all decision. It depends on your ability to pay, the type of loan, how mature your loan is, whether your extra cash would be more useful in other investments, how close you are to retiring, as well as other factors.

Even if you don’t currently own a home, if you plan to pay off your mortgage early, then you’ll want to make sure you choose a home loan that allows for prepayment.

Call Tara Mortgage Services today for expert and personalized home loan guidance, and together we can find a mortgage option that works for you.

Come out this Saturday between 10am-12pm at the Hampton Inn in Bridgeville for “Alex Deacon Real Estate Workshop: Planning Your Next Buy & Hold“. Click below for full details about this workshop, to RSVP and guarantee your seat in the room, and grab directions to the event. See you Saturday!

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

41 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

Read More

🚨Alex Deacon’s First Real Estate Workshop of 2019 is this Saturday! ONLY TWO DAYS LEFT TO RSVP! Details inside! 🚨

DHREA 09/01/2019

Alex Deacon‘s first FREE workshop of 2019 is filling up fast!

Come out this Saturday between 10am-12pm at the Hampton Inn in Bridgeville for “Alex Deacon Real Estate Workshop: Planning Your Next Buy & Hold“. Click below for full details about this workshop, to RSVP and guarantee your seat in the room, and grab directions to the event. See you Saturday!

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

41 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

Read More

🎈 PROPERTY UPDATE! 🎈 Remodeled and move-in ready, this Penn Hills home is priced to move!

DHREA 07/01/2019

This beautifully renovated, move-in ready home located in Penn Hills is back on the market at a reduced price! The seller is motivated on this one. Contact Megan Clancy for a showing, 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! The event is filling up fast. 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

31 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

Read More

🚨🚨 OPEN HOUSE SUNDAY, JANUARY 13TH! 🚨🚨 Come out and see this freshly renovated brick home in Pleasant Hills!

DHREA 05/01/2019

This newly remodeled four bedroom, two full bathroom is back on the market! Come out to Pleasant Hills next Sunday, January 13th, and see this wonderful home and newly finished basement.

Sean Sabina will be hosting this open house! Contact Sean for more details regarding the event, check out the slideshow below, and click this link full property details!

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

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

18 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 →

Read More

🎈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

Read More

#TaraMTG Tuesday (On a Wednesday): Increased Mortgage Rates — Should You Still Buy In 2019?

DHREA 02/01/2019

(Every Tuesday we feature a blog from one of our fantastic affiliates, Tara Mortgage Services! We opted for Wednesday this week due to the holiday.)

Does the news of rising rates make you second guess buying your first home in 2019? It shouldn’t and here’s why:

Higher Rates But Not Frighteningly High

With headlines that read “Feds Hike Up Mortgage Rates — Highest Since 2014,” it’s no wonder that you doubt that it’s a great time to buy your first home. While it’s true that the mortgage rates are higher than 2014, historically, the increase tells a different and promising story. Homebuyers in 2017 took advantage of a prime environment that included higher employment rates and low mortgage rates.

However, we must keep in mind that although interest rates were low, they were, in fact, higher than they were in years prior!

As many of you can remember, 2008 marked the beginning of a horrific economy in the U.S. Unemployment inched closer and closer to 10 percent, and those that were employed didn’t have much job stability. Understandably, the Feds had to take measures to pull us out of recession by lowering rates –but the goal had always been to increase rates gradually as the economy recovered.

And that’s what they’ve been doing, slowly increasing in relation to the strength of the economy.

You Can Still Afford to Buy a Home Despite the Increase

In a competitive housing market, you’re worried that you’ll be outbid. But in a higher mortgage rate market, does that mean you’re out altogether? No!

While the current rate increase and planned increases by the Feds change things, it does not substantially change your buying power as a potential homebuyer.

How much you qualify for is more a matter of your income, debts, credit score, and the amount you can put as downpayment –and less to do with mortgage rates.

The rates do, however, impact your monthly payment. So for those homebuyers with a set monthly mortgage payment window, rising rates may change the listing prices of the homes you’re looking at. On the bright side, an increase in rates sometimes means lower asking prices –again, ensuring that you can still buy your dream home at a reasonable cost and affordable monthly payment despite higher interest rates.

2019 Is A Great Time To Buy A Home

Don’t let the hype of higher rates scare you into thinking you missed out on buying your first home. When you look at current mortgage rates in a historical lens, you’ll see that it’s a sign of a strong economy and the modest increase does little to affect your buying power.

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

2018 DHRE Year In Review!

DHREA 31/12/2018

2018 was an exciting year for Deacon Hoover Real Estate Advisors. Alex Deacon and Ian Hoover started with a vision to change the industry. A company that doesn’t hire any agent, we hire motivated hungry agents who want to learn and enjoy being taught the business of selling real estate.


Co-Owner & Associate Broker Alex Deacon and
Broker of Record & Co-Owner Ian Hoover address the crowd at the 2018 Holiday Banquet, held at The Meadows Racetrack and Casino.

In 2018, our team of Advisors worked tirelessly to produce numbers we never would’ve expected in our first year. We’re proud of our fantastic team and their hard work, which was truly the cornerstone of our success this year. In fact, DHRE finished in the top 15% of Western Pennsylvania brokerages (44th out of 308), and produced more than 16 RE/MAX Franchises, 17 Howard Hanna offices, and over 20 Berkshire Hathaway offices!

Speaking of our wonderful team of Advisors, let’s take a look at this year’s award winners:

2018 Pinnacle Award Winner and Multi-Million Dollar Producer Tony Angotti.

Tony Angotti was on fire in 2018! Tony earned the Deacon Hoover Real Estate Advisors Pinnacle Award recognizing the brokerage’s top producer, was a member of the Multi-Million Dollar Producer Club (grossing over 4.5 Million Dollars), and was also featured in Top Agent Magazine!

Along with his professional accolades, Tony married his wonderful wife Anna in October, and finally got to witness his Philadelphia Eagles win a Super Bowl. All was well with Mr. Tony Angotti in 2018!

2018 Multi-Million Dollar Producer Chris Ciccarelli.

Chris Ciccarelli had an amazing 2018. Always on the grind, Chris produced over 2.6 Million dollars to cement his place in the Multi-Million Dollar Producer Club!

Million Dollar Producer Jeremy Taggart receives his 2018 DHRE Rookie of the Year award.

Jeremy Taggart is an Advisor to watch out for! Jeremy finished strong in 2018, producing over 1.7 Million Dollars for the year. His hard work and dedication earned him the 2018 Deacon Hoover Real Estate Rookie of the Year Award!

Million Dollar Producer Ashley Johnston receives her award.

Ashley Johnston had one of the busiest years we’ve ever seen, and was still able to produce over 1.5 Million Dollars in 2018! Along with joining the Million Dollar Producers Club, her and her husband Blaine welcomed a new child into the world! Congrats Ashley!

Megan Clancy receives her Million Dollar Producer award.

2018 was an exciting year for Megan Clancy! When she’s not serving our country, Megan is landing in the Million Dollar Producer Club with over 1.1 Million Dollars produced! Megan also married her wonderful husband Matt this past September. Congrats on all your success this year!

(Applause break for all of our 2018 Award Winners!)

2018 was a fantastic year for Deacon Hoover Real Estate Advisors, but none of it would have been possible without the hardest working team in the industry! From our top-notch team of Advisors, to all of our fantastic partners, to everyone behind the scenes and in the offices, and to everyone we were honored to do business with this year…our successes would not have been possible without all of you! Here’s to an even bigger 2019!

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
595 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 →

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

Blue Label Labs Featured Blog: Bringing Real Estate into the 21st Century with These New Technologies

DHREA 29/12/2018

(We’ve partnered with the great folks at Blue Label Labs to bring you this fantastic blog!)

Real estate is a massive industry with an incredibly high value—already over $1 trillion in New York City alone. Yet in contrast to many fields which have been eager to adopt and implement new technologies throughout their practices, real estate remains a relatively low-tech sector.

Although real estate continues to lag behind in its utilization of the possibilities offered by technological solutions like on-demand app development, artificial intelligence, and more, the industry’s major players are looking for ways to get ahead of their competition. Technology is affecting real estate in important ways and its prominence will only continue to increase in the near future.

Proprietary and Outsourced Solutions

Cloud services have already taken over multiple areas of the workforce. However, many real estate companies continue to compete using their own solutions, a significantly less efficient and more expensive model. Focusing on in-house development diverts important resources that could be used to improve more important aspects of the business.

Along with outsourcing workflow, real estate companies have also been behind other businesses in adopting technologies that could change the way they do business. In sticking to traditional real estate procedures, these companies are allowing their practices to become more and more outdated.

Aside from the cloud, the following are two additional technologies that have the potential to change the real estate industry.

Blockchain

Most people associate the word blockchain with Bitcoin, but the truth is that this technology has important applications in a variety of contexts. The market for blockchain is expected to reach $3 trillion by 2024, and it offers improved efficiency, transparency, and security compared to traditional alternatives.

Blockchain’s possibilities in the economy are just beginning to be explored, so it will likely be a few years before it’s able to have its full impact on the real estate industry. That said, many exciting startups are already working on discovering new ways to incorporate blockchain in the world of real estate.

Virtual Reality

Virtual reality offers an improved customer experience through the ability to see a house in detail without having to physically visit. Compared to traditional photos, or even video, virtual reality gives users a much more vivid experience and feel of a house or apartment.

As with blockchain, there are already businesses working on virtual reality solutions for the real estate market. While the industry has always been reluctant to move forward with new solutions and technologies, both blockchain and virtual reality have the potential to significantly affect how real estate operates.

Although there are exciting possibilities just around the corner, real estate is still in the early stages of this transformation. These technologies and others will likely begin to become more visible throughout the industry in the next few years. Many of the inefficiencies and inconveniences associated with purchasing and renting property will be improved through the use of these technological solutions.

(This blog was originally posted at BlueLabelLabs.com)

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
595 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 →

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

OpenListings.com featured blog: Is winter the best time of year to buy a house?

DHREA 20/12/2018
Is winter the best time of year to buy a house?

Even if you’ve never purchased a home before, you’ve probably heard the term “spring market.”

Traditionally, the warmer months were thought of as the only time to get into the real estate market, but that’s not always the case.

If you’re looking to buy a home without all the heat of a potential bidding war, here’s 3 main reasons why this winter just might be the best time to buy:

1. Sellers are more motivated

Calendars become packed around the holidays. Between social events and familial obligations, very few of us would want to add yet another thing to our already busy schedules — especially something as important as selling your home.

As a buyer, you can use this knowledge to your advantage.

Sellers who are willing to market their home during the winter usually need to move right away.

These sellers are moving for a reason — a new job, a progressing relationship, or a family emergency — that’s so important they’re willing to inconvenience themselves during the busiest time of year.

It stands to reason that, if they’re willing to compromise their time, they’ll probably be willing to negotiate on price, too.

While your real estate agent is ultimately the best person to help you decide how to make an offer based on your current market, it’s something to think about.

If coming in under budget is your top priority, buying in the wintertime is probably your best bet.

2. The house’s true colors come out

Let’s be honest: everything looks better on a sunny summer day.

The reason why most agents encourage their clients to sell during spring & summer is because it’s literally the best possible light.

You’re seeing properties in their prime — the most natural light, neutral temperatures, and landscaping in full bloom.

In the winter, sellers don’t have that advantage.

Buyers will know if the heat isn’t working correctly. They’ll know if certain windows are drafty, and with less daylight, there’s more of a chance buyers will see a property after dark.

As the buyer, you should always go into showings with a discerning eye, but shopping around in the wintertime can help make potential deal breakers seem more apparent.

If you’re buying in a cold, rainy, or snowy spot, you’ll want to give extra consideration to some winter-specific details about the home.

How much shoveling, if any, will need to be done if there’s snow? Will you need to contract with someone to bring in oil? Is the house drafty or well-insulated and seale?

Make note of these factors so they can weigh into your decision making process.

3. There’s less competition

Since spring is the dominant time to buy, there might be another unforeseen advantage: less competition.

Many buyers take the “wait until spring” approach and get started with the masses.

Whether it’s kickstarting a New Year’s resolution or timing a house hunt around the kids’ school year, you can bet that the market will be its most crowded in springtime, which means you’ll be fighting over inventory with everyone else who had the same idea.

While inventory can be more limited in the winter, so can the number of potential buyers you’ll be competing against.

Sellers will be grateful to have someone willing to brave the ice, snow, or chill (if you live in that sort of climate) to come see the property.

And since there are fewer interested parties, there’s less of a chance you’ll have to deal with a high-stress multiple offer situation.

This article originally appeared on OpenListings.

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
591 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 →

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