In 1983, Bangsoy's family was forced to return home to Baguio when they were ejected from their rented home at La Felonila, Quezon City with all their belongings thrown out on the street in full view of their neighbors.
In law practice, he dabbled in property junkyard deals of legally-distressed properties which led him to enroll at the Asian Institute of Management (AIM) for Master in Entrepreneurship (ME).