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bajanricaMember
Thanks Scott
1. Yes Barbados is more than bloody expensive and that’s why we need to leave before we lose our camisa so though we were born here it’s not right for us right now either. Barbados is a mini version of the hustle & bustle of NYC and the air is becoming polluted. Don’t know how long the beauty will last.2. I believe we can arrange for a real estate agency to ensure the rent is collected, arrange a contract with a maintenance Co. for general maintenance and I do expect to return to Barbados every 6 months or so to make sure the properties are ok especially during hurricane season.
3. Our current home was built cash, was a tough haul but we slept better at night. Once we got past the first few months we were able to rebuild our savings within 4 years. It’s not an approach I would recommend to everyone though. If we were to apply this approach in Costa Rica, alot of the portion of funds we take over there would be used up to buy a small house but it certainly won’t be our full basket of eggs. If something were to go wrong, well we’d head back to Barbados.
I lived in a Barbados that was probably very much like Costa Rica many years ago but Barbados has become very hectic and stressful. I remember the days when a car past by every 10 minutes, when you turned up at 9:30am for a 9:00am meeting and life was much slower and laid back. When people spent more of their time smiling, laughing and talking and when family was the most important part of life and when food was almost as cheap as air. There is only a shadow of this left…. the price of progress I guess.
We do appreciate your comments and it will help us to put more thought into it. I will also seek to visit there first (thanks dlundquist).
Regards
bajanrica -
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