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All Forum Posts by: John Rankin

John Rankin has started 7 posts and replied 59 times.

Post: Fair Property Management Company in Indy

John RankinPosted
  • Real Estate Agent
  • Honolulu, HI
  • Posts 59
  • Votes 40

I would recommend Vue Property Group. Boutique PM that manages around 300 doors but very fair and great communication. Elisha is great!

Post: First Deal Indianapolis

John RankinPosted
  • Real Estate Agent
  • Honolulu, HI
  • Posts 59
  • Votes 40

Hey @Ricardo Campos I think the numbers look pretty good for being conservative. I would worry less about this being the best deal out there and focus more on securing a solid first investment that will propel your investment career moving forward. If it's a good property in a good neighborhood then it should work out in the long run. Also with a newly rehabbed property, your maintenance and capex could be lower. But given the current economic climate it might be harder to find a new tenant or you might see rents drop a little due to the fact that this crisis is impacting a lot of people in the workforce. Best of luck!

Post: Newbie just saying hi

John RankinPosted
  • Real Estate Agent
  • Honolulu, HI
  • Posts 59
  • Votes 40

Welcome @Caleb L.! I'm also new to investing in Indianapolis but learning a lot every day!

Post: Newbie from Hawaii looking to start BRRRRing OOS

John RankinPosted
  • Real Estate Agent
  • Honolulu, HI
  • Posts 59
  • Votes 40

Aloha Allan! If you are interested in BRRRR, @Robert Koncal is having a BRRRR meetup tomorrow evening in town. Probably a great place to get more info and make some contacts! 

https://www.biggerpockets.com/forums/521/topics/801913-out-of-state-brrrr-local-market


Post: Aloha from Honolulu, Hawaii

John RankinPosted
  • Real Estate Agent
  • Honolulu, HI
  • Posts 59
  • Votes 40
Originally posted by @Leopold Benavides:

Hi @john , in BP, the host mentioned how someone was making a killing in HI condos... maybe a different asset class of interest..

Thanks! Was this in one of the podcasts or forums?

Post: Meetup and Presentation on Flipping Homes by Cory Nemoto

John RankinPosted
  • Real Estate Agent
  • Honolulu, HI
  • Posts 59
  • Votes 40
Originally posted by @Travis Henry:

@John Rankin I know you brought up Cory Nemoto at last week's meetup. This might be a great opportunity to meet Cory and network with other local investors!

Thanks Travis! I met up with Cory and will be lending on one of his deals. Great guy! Will try to make the meetup.

Post: Aloha from Honolulu, Hawaii

John RankinPosted
  • Real Estate Agent
  • Honolulu, HI
  • Posts 59
  • Votes 40
Originally posted by @Jon Schoeller:

Hello John! Welcome to the forum. Don't give up so easy on the cash flow plan. Just because the market is hard doesn't mean it's impossible. Keep us updated on your deals. Good luck! 

Good to know, thanks @Jon Schoeller!

Post: REI Professionals Lunch - Downtown Honolulu

John RankinPosted
  • Real Estate Agent
  • Honolulu, HI
  • Posts 59
  • Votes 40

Just signed up to BP and noticed there is a meetup happening so will plan to join!

Post: Aloha from Honolulu, Hawaii

John RankinPosted
  • Real Estate Agent
  • Honolulu, HI
  • Posts 59
  • Votes 40

Aloha, thought I should take the time to introduce myself to the community as I am new to real-estate investing. The idea of passive income and cashflow is what originally drew me to real-estate investing but I've realized that the Hawaii market may not be the best suited for that. I'm thinking of putting some money behind fix/flip opportunities in the meantime and look forward to connecting with many of you. Mahalo!