Quote:
Originally Posted by sweetdbt
I certainly did not say research should not be done johne, but last I checked the interest rates I stated are accurate, and I would challenge you to find one post on DR1 from anyone who has had a problem investing in either of the 2 places I mentioned. I certainly don't recall any.
Of course if you were foolish enough to put your entire life savings in peso accounts, a major devaluation in the peso could be disastrous. If a similar amount is invested in dollars or euros, changes in the exchange rate in either direction will be offset.
It is a simple fact that an apartment building comes with ongoing maintenance and marketing expenses (to say nothing of headaches). Empty units don't generate revenue; buildings that aren't maintained aren't going to stay occupied, and if you need the money for something else it could take years to sell.
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Go for it. Do whatever ytou think is good for you and yours.
Good luck
JOHN