You buy investments and everything goes well, so you sit back on your laurels thinking this is a pretty easy gig.

Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in  5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.Here are the negative consequences, in regard to real estate, of filing bankruptcy1.

It wasnt an easy decision, but he’s now breathing easier with stronger cash reserves.Another thought: refinancing.

@Leslie L Meneus you are trying to find a tribe of super freaks.Let me explain…Only 6% of Americans own one or more rental property.  

But the thing to know is it is that is not easy to duplicate in todays market.  

This is just being super picky because you asked and I didn't see any 1/2 naked pics but the one of the couple with the infant is TMI.

It wasn’t easy, but it was one of the best moves I made.

The state laws (do not quote me) appear to not let these companies increase rates (or its not easy) to pick up the losses.

The CPAs and EAs I see on BP are exceptional so make sure you reach out to and chat with a few of them too before making a decision. 

And easy for us to fulfill 1031 exchanges now.