Tag Archives: Real Estate Investing

FINAL CALL FOR SATURDAY’S REAL ESTATE WORKSHOP! (Extra seating added!)

DHREA 10/10/2018

 

🚨 FINAL REMINDER! 🚨

Alex Deacon’s Workshop group has over 560 members now, and we’ve opened up extra seating for this Saturday’s workshop! Please try to make this session. This workshop is very helpful to all RE investors. Our guest speaker Josh Caldwell is filled with immeasurable knowledge. RSVP now and secure one of our last spots!

 

How to find and analyze my next RE Investment

Saturday, Oct 13, 2018, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

62 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

 

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Real Estate Investing w/ Alex Deacon: Out of State Investing Pros and Cons!

DHREA 19/09/2018

 

In this segment, “The Deacon of Real Estate” Alex Deacon discusses the pros and cons of out-of-state investing. There can be tremendous upside, but is the juice worth the squeeze? The Deacon breaks down how you should be preparing, if planning to invest outside of your state!

 

 

Like what you hear? Join Alex Deacon’s Workshop group on MeetUp.com, and start attending his FREE monthly workshops! It’s a great way to network with over 500 real estate professionals!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
520 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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The Realtor Nation Real Estate Agent Videocast! Ian Hoover interviews Mike Pastor, The Property Whiz!

DHREA 22/08/2018

 

The long awaited return of The Realtor Nation Real Estate Agent Podcast with Ian Hoover is back! In this terrific episode, Ian sits down with Mike Pastor, Operations Manager of The Property Whiz! Focusing on wholesale deals, single rehab projects, and multi-family and commercial rental properties, Ian and Mike use their years of experience to deliver a highly informative conversation you won’t want to miss!

 

 

Join Alex Deacon’s Real Estate Networking group on MeetUp.com! We’re SOOOO close to 500 members! Don’t miss out and join today!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
492 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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Alex Deacon’s Monday Morning QB: Our Real Estate Investing Workshop Is Filling Up Fast! RSVP Today!

DHREA 07/05/2018

This month we are diving into evaluating long term buy and hold properties. From single family homes in A, B and C areas to larger multi family properties. We will discuss the difference and how to evaluate each one according to where it is and what style.

This workshop is one of the most important sessions if you want to learn how to analyze deals for buy and hold: It’s not all about the ROI! There are many other factors to consider when you have a long term strategy. We will go into detail and look at various scenarios and different property styles and types. From an A area single family property to a larger multi family property. We will discuss the differences and how to account for all the variations in costs, vacancies, management etc. All properties are not the same and they need to be analyzed differently.

Please try to RSVP and bring guests! Share this with other investors. Everyone is welcome, we simply ask that you RSVP so we have a head count. Our workshops have been growing and growing as the months go on, and last month we had or largest workshop to date with 40 investors, and we have seating for up to 60. This is a 100% FREE workshop with invaluable information!

RSVP TO ALEX DEACON’S FREE MAY WORKSHOP!

Analyze a Buy and Hold Property. Its not all about the numbers.

Saturday, May 12, 2018, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

23 Members Attending

This workshop is one of the most important sessions if you want to learn how to analyze deals for buy and hold. Its not all about the ROI. There are many other factors to consider when you have a long term strategy. We will go into detail and look at various scenarios and different property styles and types. From an A area single family property to…

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 Monday Morning QB: I Hate Rule of Thumbs!

DHREA 23/04/2018

 

I am not a fan of The Rule of Thumb. If it was that easy…just plugging numbers into an online accounting tool…then everyone would buy real estate and be successful. I never use a rule of thumb. You can crunch numbers till the cows come home and pencil whip a property into submission, but if you don’t do your homework and know the market, you are going to get burned.

Here is one example where rule of thumb pretty much stinks. I look for properties that are under-performing. How do you know? Well you have to know what the demand is. You need to know what type of apartment in that demographic sells and which doesn’t. There are 10 other variables that you may need to consider. So if it’s under performing and the rents are low and expenses are high does that mean you pass on the deal because the numbers don’t work or the rule of thumb says don’t buy it? These are where you find some of the best deals because the average investor will pass. What if the owner is a poor property manager, what if the owner is a legitimate slumlord, what if the owner has never raised the rent in 10 years, what if the owner is paying a dumpster bill of $500 a month and you know for a fact that you can get the same dumpster for $250 a month? I can go on and on. That’s where the rule of thumb is BS. You need to know your market better than your competitor. You need to know a good deal and that comes with years of trial and error and watching others who are successful. Remember this: If it’s too easy then somethings wrong.

 

CONNECT WITH ALEX ON BIGGER POCKETS!

 

 

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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DHRE Advisor Spotlight: Anthony “Tony” Angotti

DHREA 11/04/2018

 

Tony Angotti is an agent and investor that got started by purchasing a duplex and living in one side and renting the other (House-Hacking). He continues to purchase rental real estate and works primarily with investors to do the same. Tony always has his client’s best interest at heart and as a result many of his clients purchase multiple investment properties with him.

Specializing in remote and out of state investors has been key to the growth of Tony’s business. He provides a tremendous amount of service including consulting with clients to determine the submarkets of Pittsburgh that they should be in based on their goals, taking walk through videos and pictures for properties of interest, scouring the market for both on and off market cash flowing property, and meticulously tailoring the search for investment properties. More than just MLS alerts, Tony hand picks properties to send to you based on your criteria. Continuing that service Tony doesn’t consider his job completely done when the transaction closes.  He provides a number of quality contractor contacts, property manager contacts, and other professionals to ensure that your property is a success.

But that’s not why we’re here today. Tony Angotti is the latest advisor to be featured in the DHRE Spotlight! Sit back, relax, and let’s have a little fun with this highly successful investor.

 

DHRE: Alright, “Tony”…if that is your real name. We always start light and with the basics around here. Why did you decide to get involved in Real Estate investing?

TA: Financial Independence. There is work involved and it’s definitely a grind, but if you see the light at the end of the tunnel you can tell that it’s one of the few places where you can make money while you sleep. Up front it’s a lot of work, but once a property is stabilized you get to collect rent checks that help replace income that you need to actively work for. It’s not the fastest path to wealth, but there’s so much information out there that you can learn from all of those that figured it out.

DHRE: Well said. What do you find to be the most rewarding aspect of Real Estate investing?

TA: I really enjoy preparing paperwork and ensuring that all boxes are checked.

DHRE: Wait, what?

TA: Just kidding. The best part is probably when, as an agent, a client finally gets through to closing and you get to see their excitement about reaching a goal of home ownership that they’ve been saving and working towards for a long time. Also, finding that perfect investment for a client to get closer to early retirement. It’s always nice to work with investor clients that share in my joy of excel spreadsheets. 

I’ve also always enjoyed building something. Real Estate always makes me feel like I’m working towards something. Never a dull day.

 

 

DHRE:  Fill in the blank, and explain your answer. If I didn’t go into real estate investing, I would probably be __________.

TA: Trudging along mindlessly with my day and watching The Walking Dead and other mindless shows. I’d probably look like one of the zombies.

DHRE: So you’re saying something like this?

 

 

TA: Yes! Exactly like that. Kidding aside, I don’t know. Before I started investing I think I didn’t really have anything that I was passionate about. Nothing that I was really working towards. With Real Estate investing it gives me the opportunity to work towards a goal. And quitting my 9-5 job before I turn 30. So there’s that. 

I have my master’s in Biology and worked in Pharmaceutical Quality Assurance prior to quitting. So I’d probably be working for that corner office and company car somewhere. 

DHRE: Everyone seemingly has their own reasons on why they love the Steel City. Why do you choose to invest in the Pittsburgh market?

TA: I grew up here. I know the area. I still live here. Family is here. That’s why for me. 

For other people I think that Pittsburgh is one of the few places in the country where any type of Real Estate Investing works. You can buy cash flow rentals. You can flip properties and make good return. You can invest in notes. We have small commercial buildings. We have large commercial buildings. It’s really a good market to get started and grow in. You can buy a duplex, get some experience, and then buy something bigger. Also, with all of the development in the tech sector, we have been seeing some appreciation as well. That, and I recently read that we are one of the most popular cities for Millennials to move to. That should be a strong indicator of future growth as that generation starts to grow roots in the region.

DHRE: Ok, now it’s time we get to the tough questions. Is it PGH or PIT…or the Philadelphia Eagles?

TA: PGH. Just looks better. PIT makes me think of an armpit. No one needs to associate our city with that.

DHRE: You’re not wrong. Now let’s address this Eagles rumor.

TA: I love the Penguins and would love the Pirates (if ownership would give them a chance to be legit).

DHRE: But?

BUT the Philadelphia Eagles have always resonated with me. I’d consider myself scrappy and someone who will keep plugging away towards a goal even when success isn’t immediate. Something about the Eagles always coming back for more appealed to me when I was growing up. It’s easy to root for a perennial Super Bowl contender and 6 time champion. It takes something else to keep coming back to a team that is constantly getting knocked down and having to get back up. This past year and the Super Bowl was probably the happiest I’ve been about sports in my life. I’ve taken a lot of verbal abuse from Sixburgh Steelers Fans.

 

 

DHRE: As a Raider fan, I can totally relate. This city can be cruel when your team is down! Reminds me of our Super Bowl XV victory…

TA: Wait, what?

DHRE: Oh, nothing. 😉 Moving on! Everyone loves quotes and quoting others. What’s your favorite?

TA: “Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston Churchill

Really though. This guy too:

 

 

TA: THAT’S the truth.

DHRE: That was intense! So intense I forgot what I was going to ask. Help me out here so I can take a breath. Ask yourself a question.

TA: Name three people (living or dead) to have coffee with all together at the same table, and then name three people individually. No sappy answers!

DHRE: Alright, wiseguy. Think it’s that easy? Try this out for size. I want you to name three people, living or dead, you’d want to have coffee with. All together at the same Bat Table, same Bat Time. Bonus points if you can name three more individuals you’d prefer to have a more intimate one-on-one conversation with. And don’t get all sappy on me.

TA: All together:

Joe Rogan, Tim Ferriss, and Mitch Hedberg. Mitch and Joe have some of the best and most entertaining stream of consciousness material out there when it comes to media. Tim just does a really good job of interviewing and steering conversation so I think that you’d get some really entertaining and insightful stuff out of that group.

Individually:
1. Warren Buffett. I think I would learn more in an hour of talking with him than I would in any classroom. 

2. Barbara Corcoran. What she’s done in real estate and her career is amazing. I didn’t really know her story until I listened to her feature on the podcast How I Built This. Since then I’ve really admired what she built and how she built it.

3. Billy Joel. Because I could finally figure out who did indeed start the fire. I know it’s always been burning, but I really want to know who/what started it. Meteor? Volcano? Caveman Arson? I’ll never know unless I ask. Right now the answer is far too chicken and the egg for my liking.

 

Tony Angotti is always ready to field any questions or comments you have. Contact him today!

Office: 412-939-SOLD X108

Cell: 412-605-8233

www.412agent.com

Facebook.com/412Agent

Twitter.com/412Agent

 

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 Monday Morning QB: Whats Next? I Just Approved An Applicant For My Rental

DHREA 26/03/2018

 

Once we go through the applicant approval process, we require that the applicant get to us a security deposit in full. We don’t take partial payments. If they can’t even come up with the deposit in full now, then what is the likelihood they will be late on paying rent if their finances are running that tight?

The deposit has to be a certified check or a money order. This way it’s much less likely those funds will not be there when you deposit them. We try not to accept cash and never a personal check, or at least only on rare occasions. We let each applicant know that once we get the deposit, it will not be refunded if for some reason they back out of the rental. We clearly state that in the application.

It’s not fair to us or our clients that a tenant decides one week before moving in that they are getting relocated, or the couple is breaking up, or their grandmother is sick…we have heard every excuse. We have lost valuable market time and it has cost us money by holding the apartment. We will refund a deposit if it’s only been a few days (or maybe even as long as a week) because lets be real: you have to be somewhat reasonable or we may keep part of the deposit. Hope this is helpful to all! 

 

 

RSVP TO ALEX DEACON’S REAL ESTATE NETWORKING WORKSHOP IN APRIL!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
382 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 …

Next Meetup

Creative Financing. How to leverage your business with Other…

Saturday, Apr 14, 2018, 10:00 AM
6 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

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*UPDATE* 1114 Wisconsin Now Under Agreement!

DHREA 22/03/2018

This 2 Bedroom, 1 Bath in Dormont is now under agreement!

Click here to view the listing!

 

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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DHRE Advisor Spotlight: Ashley Johnston

DHREA 21/03/2018

Every Wednesday we’ll be spotlighting one of the fantastic advisors we have at Deacon Hoover. If you missed our debut installment last week, the spotlight was on Co-Owner and Broker of Record Ian Hoover. But let’s not let the fellas have all the fun. In honor of Women’s History Month, we’ll be focusing on the women of DHRE for the rest of the March. This week we’re highlighting Ashley Johnston!

Ashley graduated from Everest University in 2007, and has owned her own business since 2009. With a strong knowledge base in construction, Ashley has an advantage when helping her clients make the smart decisions on their dream home or investment property. So let’s get to know her a little better!

 

DHRE: Ashley, there’s a million professions and career paths in the world. What drew you towards real estate?

AJ: Real estate offers versatility in a work environment that I crave. There are endless opportunities in this career. You can work as little or as much as you like because essentially you work for yourself.

I feel as if real estate provides a path to financial freedom, a flexible schedule, and the personal fulfillment of helping people own their dream homes. Few careers can offer that much!

DHRE: What do you feel is the most rewarding aspect to real estate?

AJ: I gain so much satisfaction in knowing I helped people through a major time in their lives. From a new couple buying their first home together, to a bachelor/bachelorette buying a fabulous new pad, or helping a friend in embark on purchasing their very first investment property. I truly get to help people through each stage in their lives and just to see the smile or joy on their face after is priceless.

DHRE: Fill in the blank and explain your answer. If I didn’t go into real estate investing, I would probably be __________.

AJ: I’d have to say something in the medical field. I am a giver and I have a true passion for giving back. I find it very rewarding to make a difference in someone’s life. As well as the opportunity and growth is almost unlimited.

DHRE: Time to answer the question we always ask ourselves when convincing our friends and family Pittsburgh is the greatest city on the planet: Why Pittsburgh?

AJ: The “BURGH” Is a great city to live, work, and play! It’s rich in history and gives you that hometown feel. It’s affordable, the people are so friendly, has great healthcare, there is so much educational and cultural opportunities, and an unlimited number of recreational things to do with family and friends. Cant forget that we have the best sports teams! Pittsburgh is a physically beautiful place. There’s just so much to love about the city!

DHRE: Let’s see if you’re a true Pittsburgher. Do you prefer PGH or PIT?

AJ: PGH! 

DHRE: Everybody has a favorite quote they reference for motivation, inspiration, laughs, etc. What’s your favorite quote?

AJ: “Your best teacher is your last mistake.”

DHRE: Then I’ve had a lot of really good teachers in my life. In fact, teach me something. Ask yourself a question!

AJ: Are you waiting for your agent?

DHRE: Lesson learned. I mean…interesting question! Ashley, are you waiting for your agent?

AJ: I can’t tell you how many times I get asked this question daily. I love when I show up to a listing and sellers or other agents ask if “your agent is here with you”? After telling them I am the agent. I can tell that they feel as if they have insulted me, but truth is I take it as a compliment! I do look very young. I get the same look all the time when I say I have children as well people can’t believe it. I’ll embrace that now, because one day I won’t be so lucky.  😊 😉

Image result for i'm the woman gif

 

 

Ashley is always ready to field any questions or comments you have. Contact her today!

Office412-939-SOLD x107

Cell412-867-0381

facebook.com/ashleysellspgh

twitter.com/ashleysellspgh

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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*REDUCED* 1114 Wisconsin Avenue, Pittsburgh, PA 15216

DHREA 20/03/2018

This 2 Bedroom, 1 Bath in Dormont is an end unit featuring original refinished hardwood floors and 2 off street parking spaces! Also within walking distance to public transportation. Great Opportunity for Owner Occupy or Investment Property! Now listed at $74,900!

Click here to inquire about the listing!

 

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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