Tag Archives: Starter Home

🎈NEW LISTING! FANTASTIC INVESTMENT/STARTER OPPORTUNITY!🎈

DHREA 19/04/2019

Beautiful brick home in Sheraden! Nicely updated and well maintained. Nearly 2000 square feet! Three floors, and huge rooms for plenty of space. The first floor carries a half bath and laundry. Off-street parking in the rear. Taxes on this property are only $600 a year! Centrally located. Only a 10-minute drive into downtown and 5-minute walk to the west busway!

Currently has tenants renting for $850 a month. 2954 Zephyr is a great addition to any portfolio, or perfect for a starter home!

Contact Jeremy Taggart Real Estate for more deails, or to set up a showing!

Click this link for full property details, and check out the slideshow 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
668 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 …

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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
137 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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🚨 CALLING ALL INVESTORS! INVESTMENT PROPERTY PRICED TO SELL! 🚨

DHREA 15/03/2019

This Canton Twp. home could be a great investment, flip, or starter opportunity with a little TLC. Rehab needed, fantastic location, and priced to sell!

Property needs some work but it has a nice size yard and good foundation to this investment property. It could make a great rental unit with the 1 bed room and nice size living room and kitchen area.

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
651 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
116 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

🚨 NEW LISTING! 🚨 Wonderfully updated home in Holiday Park!

DHREA 07/03/2019

This wonderfully updated home at 5050 Ozark in Plum is on the market! From the breathtakingly modernized kitchen to the unseen sewer lines, and everything in between, this 3 bed, 2 bath home is a must-see! Check out the slideshow below, click this link for full property details, and contact Tony Angotti today!

Alex Deacon’s March Real Estate Networking Workshop has been announced, and he’s bringing in two huge guest speakers: Josh Caldwell and Matt Beam! The trio will be discussing Creative Financing Concepts, ideas, laws, etc. Don’t miss out on the most highly anticipated workshop of every year! RSVP below!

Creative Financing Concepts

Saturday, Mar 9, 2019, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

35 Members Attending

Last month we discussed the concept of Zero Money Down which is super valuable if you want to scale any business especially real Estate Investing. This month we will have two guest speakers and we will go into more detail on the methods, legal issues and paperwork needed to put such deals together. Josh Caldwell will cover the different methods of …

Check out this Meetup →


Join Alex Deacon’s Pittsburgh Landlord Group and be the first to receive updates on our monthly networking meetings!

Pittsburgh Landlord Group

Carnegie, PA
100 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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🎈 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

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NEW LISTING! Great Investment Opportunity or Starter Home in Blackridge!

DHREA 19/12/2018

🎈 NEW LISTING! 🎈

This charming starter home or rental property is all brick, has 2 bedrooms and a traditional layout. Central a/c and integral garage also featured. Currently being rented for $815 a month!

Click this link for full property details, and contact Ian Hoover about this wonderful investment opportunity!

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

UPDATE! Remodeled starter/investment home in Washington REDUCED!

DHREA 08/12/2018

🎈 PROPERTY UPDATE! 🎈

Fully rehabbed inside and out, this home would be great for a first-time homebuyer or as a rental property in your portfolio! Watch the slideshow below, and click this link for full property details!

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
593 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

Buying a starter home? Here’s what you need to know!

DHREA 28/11/2018

Many first-time homebuyers, especially in competitive markets, end up in starter homes as a part of their first foray into the real estate market.

The idea of a “starter home” goes back to World War II. After veterans completed their service, they returned home and took advantage of a provision in the G.I. Bill that guaranteed them affordable mortgages. The increased demand caused a housing boom, specifically for smaller, low-cost homes where the veterans could start their families.

Historically, these properties tend to be smaller in size than one might expect from a single-family unit, but the idea behind them is two-fold: these smaller properties help introduce individuals to the responsibilities of homeownership, while also serving as a launching pad– something to help a homeowner build equity before eventually moving on to a bigger and better property.

What to look for in a starter home

If you think you might be in the market for a starter property, here are some features you’ll want to keep in mind:

Affordability

Since this is your first time worrying about a mortgage payment, you might not be able to borrow as much, or you may not feel comfortable doing so. As the buyer, you’ll want to ask your lender to work up closing costs for you until you feel confident that you’ll be able to confidently make your payment each month.

Size

Starter homes tend to be much smaller than other homes on the market, both to keep costs down and upkeep manageable. As you look at homes, think seriously about how much space you truly need. Often, just one extra bedroom is more than enough room for first-time buyers.

Upkeep

Townhomes and condos are particularly popular options as first-time homes because they allow buyers to experience a lot of the positive aspects of homeownership without too much responsibility.

If you’re in the market for a living situation where much of the home maintenance is taken care of for you, a condo or townhome may be a good option. Just be sure to research the specific services that each community offers, as well as any associated fees.

Resale value / income potential

Since starter homes tend to be more of a stepping stone than a permanent solution, many first-time buyers go into to the purchase with a vague idea of what will happen once they outgrow this phase of their lives. Whether you’d rather sell the property or keep it and rent it out for passive income, the ability to attract future interest is key. For this reason, most starter homes are located in popular neighborhoods, with easy access to amenities like restaurants, bars, and public transportation options.

Should you buy a starter home?

While, ultimately, only you can decide whether or not now is the right time for you to join the real estate market, here are a few signs that you might just be ready to take the jump into first-time homebuying:

You’re financially stable

Even though starter home values are lower, you should still have a stable income, a handle on your debt and credit rating, and some amount of savings to put towards a downpayment. Additionally, you feel comfortable with the idea of being able to handle a monthly mortgage payment, as well as any unforeseen maintenance expenses that could crop up.

You’re settled (for now)

Even though your starter home probably won’t end up being your forever home, it’s still much more permanent than simply signing a year-long lease. Before you get your heart set on buying, you should double-check to make sure that you feel comfortable maintaining your life- your job, social circle, and surrounding area – as-is for the foreseeable future.

…But not too settled

These days, people are starting their path to homeownership later in life. If you’re in a place where you’re almost ready to start a family and you have a decent income, it may make more sense for you to keep saving and skip the starter home in favor of a larger property that will allow you and your family to grow as needed.

You’re willing to compromise

Too often, buyers are surprised to find that their starter home budget isn’t nearly enough to get everything on their wishlist.

Homeownership, especially in the first-time home bracket, is bound to come with a certain degree of compromise. Ideally, when you’re ready to make a purchase, you’ll be able to focus on foundational details like the home’s location and square footage rather than aesthetics. Those surface projects can often be changed to your tastes over time as you settle in.

This article originally appeared on OpenListings.

 

We’re almost at 600! Join Alex Deacon’s real estate networking workshop group today, and connect with nearly 600 other real estate professionals. You’ll also be the first to receive updates on Alex’s monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
589 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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