No Government Owns Us: Building a Global Real Estate Portfolio with Ladislas Maurice

Ladislas Maurice left a corporate career at Nestle to spend the last nine years investing in real estate across emerging and frontier markets around the world. He buys apartments in Nairobi for $65,000, sits on land in Nicaragua, and flips properties in Montenegro. His approach is the opposite of what most US investors are used to: no leverage, no perfect data, and no rushing.In this episode, Ed and Ladislas talk about:Why emerging market real estate is actually a harder asset than US multifamily (and arguably less risky)How he evaluates a new country before putting money in (the Uzbekistan stock exchange story is worth the listen alone)Managing property across dozens of countries with local property managers (and why you always need a backup)The case for putting a small percentage of your portfolio outside the USHow $200K in a Panama bank or $400K in Turkish real estate can buy generational citizenship and a Plan B for your familyThe Ivory Coast deal that went wrong and why you should never skip the buyer's agentHis father's best advice: "You don't have to answer every question"Learn more about Ladislas at The Wandering Investor and on YouTube.Elevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors. 🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!