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All Forum Posts by: Igor Aka

Igor Aka has started 2 posts and replied 4 times.

Very helpful! thanks Jon

Hi Ali, I'm not very familiar with tax benefits of rental. Could you share some reference material on the topic?

Best,

Sacha

Hi all - does anyone use cash-flow after income tax to evaluate the attractiveness of a property? I projected positive cash flow on a prospective property... until I added my expected income taxes, which turn the number red (primarily because principal payment is not deductible).

Curious to see how folks think about this.

Hi everyone!

They say, there is a first in everything so here we go: my first post on BP!

I'm thrilled to join this vibrant community of real estate professional and aficionados. Reading through tips, stories and listening to BP podcast have been very energizing, and I'm now ready to get my feet wet with a first investment.

A bit of background on myself: I'm an engineer by training, and have worked in consulting over the past 7 years. I'm currently based in upstate New York and looking for out-of-state rental investment to build long-term assets.

For my first gig, I'm looking at acquiring, and renting, a Single Family Home in Carmel or Indianapolis, and I'm looking for perspectives on these markets, recommendations on realtors and turn key providers in the area, and any other tips you'd have for a new starter.

Excited for journey ahead of me, and I look forward to developing many partnerships and friendships with many of you!

Igor