Tag Archives: #portfolio

Real Estate Investing w/ Alex Deacon (Podcast): Evaluate A Property In 5 Minutes!

DHREA 01/04/2019

In this refresher segment of Real Estate Investing w/ Alex Deacon, Alex revisits and refreshes the art of evaluating a property in five minutes! “The Deacon of Real Estate” delivers takes on how to quickly go through a property and estimate your net income, ensuring you can maximize the time in your day. This process isn’t something you’ll learn overnight! Listen for more details!

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
659 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 Pittsburgh Landlord Group and be the first to receive updates on our monthly networking meetings!

Pittsburgh Landlord Group

Carnegie, PA
128 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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NEW LISTING! Investment/Starter Opportunity in 15210!

DHREA 27/03/2019

This lovely two bedroom home is conveniently located, has a traditional layout, and a flat fenced in yard. Would make nice starter home, or add it to your rental portfolio as it is currently rented!

CLICK THIS LINK FOR FULL PROPERTY DETAILS!

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
658 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 Pittsburgh Landlord Group and be the first to receive updates on our monthly networking meetings!

Pittsburgh Landlord Group

Carnegie, PA
126 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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Real Estate Investing w/ Alex Deacon (#Podcast): Finding A Geographical Area To Invest In

DHREA 25/03/2019

In this episode, Alex discusses the importance of establishing a geographical area to invest in, and why focusing on that area is essential. “The Deacon of Real Estate” gives personal examples of how he established an initial footprint, ways to grow your investment radius, and more. This is a fantastic refresher 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!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
656 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 Pittsburgh Landlord Group and be the first to receive updates on our monthly networking meetings!

Pittsburgh Landlord Group

Carnegie, PA
123 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

🚨Fantastic investment opportunity! Cash Flow Cow!🚨

DHREA 24/03/2019

Cash flow cow! Two units, side-by-side, with all separate utilities! You can live in one unit, or rent them both out. Each unit features two bedrooms and one bathroom, along with a separate basement.

CLICK THIS LINK FOR FULL PROPERTY DETAILS!

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
656 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 Pittsburgh Landlord Group and be the first to receive updates on our monthly networking meetings!

Pittsburgh Landlord Group

Carnegie, PA
123 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

Alex Deacon’s Property Management Series: Quality v. Quantity

DHREA 27/12/2018

In his latest installment, Alex Deacon discusses the age old “Quality v. Quantity” debate. Is stacking your portfolio a smart move, or can less be more? Don’t miss this highly informative short!

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
594 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

Real Estate Investing w/ Alex Deacon: It’s Not All About The Cash Flow!

DHREA 03/05/2018

 

In this episode, “The Deacon of Real Estate” Alex Deacon discusses 3 different scenarios where instant Cash Flow isn’t always the goal. While you want most properties flowing from the jump, with some properties it’s better to play the waiting game to reach maximum potential on your ROI. Don’t miss Alex break down these 3 scenarios to help you increase your wealth!

 

 

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 Sunday Special: It’s Not All About the Cash Flow!

DHREA 29/04/2018

(Editor’s Note: Connect with Alex Deacon on Bigger Pockets by clicking here!)

When you are just starting out, I will suggest it may be all about the cash flow. Especially if you are counting on this money to pay bills and survive. Sometimes, the real wealth comes to those who wait and can see the forest through the trees. Don’t get me wrong, cash flow is important, but not always the only thing to consider. A good example to use are three properties that I own.

1. A duplex I paid 90k for that has cash flowed for me very little the first 15 years. The loan was held by the owner and I borrowed the 10% I put down.  Essentially I put zero of my own money down. Now it is paid off and worth nearly 200k. I have owned it for 23 years. I wish I had purchased 10 more like it. It’s been vacant less than 1% of the time, and has been low on repairs. I also added value by building a garage 13 years ago and its been rented out for $150 a month for the entire time. The garage added $15,000 value to the property and cost me only $8,000 to build.

2. A nine unit property I bought for $250k in 2008 is now worth over $350k. I was able to put down only 15% and the owner held a second mortgage. During my ownership, I have actually lost on average $500 a year. Now my balance is under $100k and my net worth for this one building is $250k and climbing. I have my management staff handle most of the issues, repairs, and vacancies, and I am involved very little. 

3. I paid $205k in 2008 and it was worth about $240k at the time. I put down 20% and the loan was amortized over 15 years. It’s now worth $380k and my balance is around $70k. This property was cash flow neutral since ownership but will be paid off in less than 5 years.

As you can see, I bought quality and put down as little as zero money to buy at least one of these properties, and as much as 20% to buy another. In less than 5 years my net worth will most likely be over 1 million dollars, and these properties will also cash flow and be free and clear so I can now use that equity and re-invest. 

Now duplicate this scenario another 20-30 times, and in 20 plus years you are sitting on millions of equity and hundreds of thousands of dollars in rental income! Anyone can do this, but this doesn’t happen overnight and it takes lots of work with no reward. But if you don’t mind working, waiting, and being smart…your reward will come.

 

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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