Starting to research Uruguay to invest and as a 3rd country to live in.   Would appreciate your input, contacts or recommended podcasts to follow.1.  Will bring cash to the table.   But would still like to hear about ...

Hey BP Family! Let's wrap up our QI selection series with the human element - because relationships and reputation can make or break your exchange! 🤝
[I am not sure I fully understood what I was getting into when I u...

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.

Security Deposit: 2600Lease states no smoking/painting walls/no hanging things on wallsTenants have moved out and have left two truck loads of garbage to be removed.Damaged doorPainted walls which got on the ceiling and trim Lots of holes on the walls throughout the houseDamage from windows being left open constantly Weed was clearly smoked in the house (smell throughout the place) so we need to deep cleanWater bill wasn't paid so I had to turn back on utilityMissing keyQuoted costs:$450 junk removal (some furniture)$935 for damaged doors/windows, painting cleaning$30 for utility turn onTenants were only there for a year before moving out so a lot of this is beyond normal wear and tear. 

Without a deep understanding of these elements, can you underwrite a deal via an algorithm ?

Dig deep into tax strategy, tax efficiency, etc  Learn about estate planning. 

Whether it’s a deep clean or a quick standard turnover, I’d love to know who’s been your go-to.

The store needs a deep clean of the floor, fridges, kitchen area, decluttering, etc., and it is in the Bronx, NY.

You’ve taken the first deep dive into investing—great job!

They’ll have a deep understanding of the market and a strong network, which can help you identify the best opportunities.Owning rental property isn’t as simple as it might seem.