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All Forum Posts by: Becky Hiu

Becky Hiu has started 10 posts and replied 46 times.

Post: Govmit shutdown affecting your section 8 payments ???

Becky HiuPosted
  • Rental Property Investor
  • Des Moines, IA
  • Posts 48
  • Votes 30

My Jan Section 8 payment came through. Polk County, Iowa. Just newly acquired a property with an S8 tenant.

Unsure about Feb but when I contacted the admin to switch checks to me, she said nothing about the shutdown affecting payments.

Post: Looking for real estate agent in des moines, iowa

Becky HiuPosted
  • Rental Property Investor
  • Des Moines, IA
  • Posts 48
  • Votes 30

@Janna Apostolopoulos I think my agent is excellent. Jason Rude with Remax.

He's helped us close on 5 of 6 deals we have and we plan to keep acquiring more with him. We own 5 SFRs and a MFR now. I've known him for 10 years.

You can google him.

Thanks.

Becky

Post: Plumber Recommendations in Des Moines, Iowa?

Becky HiuPosted
  • Rental Property Investor
  • Des Moines, IA
  • Posts 48
  • Votes 30

Hey guys! Looking for a reputable, affordable plumber in the Greater Des Moines area. Any suggestions would be terrific!

Post: Can't find a bank to cash out refinance our BRRR

Becky HiuPosted
  • Rental Property Investor
  • Des Moines, IA
  • Posts 48
  • Votes 30

Try this dude: http://www.midwestfamilylending.com/mortgage-lende...

Currently using him for our 5th house purchase.

Post: The New 20% Pass-Through Deduction and You

Becky HiuPosted
  • Rental Property Investor
  • Des Moines, IA
  • Posts 48
  • Votes 30

Any updates on this topic since 1 month ago? 

Post: Monthly Des Moines RE Investor Meetup

Becky HiuPosted
  • Rental Property Investor
  • Des Moines, IA
  • Posts 48
  • Votes 30

Is there a meetup tonight at Ingersoll Tap 6-8 PM?

Post: Lenders for Des Moines, Iowa Market

Becky HiuPosted
  • Rental Property Investor
  • Des Moines, IA
  • Posts 48
  • Votes 30

@Rick Mapes - Yep, we've taken all that, including appreciation and inflation expectations, other sensitivity variables into account as well. Thanks for checking! 

Post: Lenders for Des Moines, Iowa Market

Becky HiuPosted
  • Rental Property Investor
  • Des Moines, IA
  • Posts 48
  • Votes 30

@Rick Mapes - 20% or 15% down? We'll be sticking with 15% for our ROI purposes despite certain elevated risks (should be able to weather it due to # of partners). If 15%, please pass my way.

Post: Need Help From A Commercial Lender...

Becky HiuPosted
  • Rental Property Investor
  • Des Moines, IA
  • Posts 48
  • Votes 30

Hi, @Benjamin Holt

@Tim Wright and I know of a commercial lender - Luana Savings Bank, HQ-ed in Luana, Iowa with offices in the Des Moines (DSM) metro. They do ag / residential / commercial lending mainly in the Iowa/Midwest area and might be helpful to you.  www.luanasavingsbank.com

I spoke to Brandon Converse, who is currently works with Tim and I can say he's been great to chat with so far, and Tim can vouch for that since he works with him on a current project in DSM. 

I'll DM you his info if you're interested. 

Thanks. - BH 

Post: Any Chartered Financial Analysts (CFA) Here at BP?

Becky HiuPosted
  • Rental Property Investor
  • Des Moines, IA
  • Posts 48
  • Votes 30

Thanks, @Omar Khan - Once I pen my thoughts right re: ROI/valuation, I'll DM you and see what you think.

We like conservative, consistent methods, so I agree with your words completely.

Malaysia has the best food, period. I'm slightly biased. :)