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Updated almost 8 years ago on . Most recent reply

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William Kyle Walker
  • Rental Property Investor
  • Atlanta, GA
28
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119
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Does Venezuela's recession make it ripe for the picking?

William Kyle Walker
  • Rental Property Investor
  • Atlanta, GA
Posted
I read today that Venezuela is in a deep recession right now. Can we look back at 2008 as a roadmap on markets we should be looking at in Venezuela? Are there any local experts that could give advice on property rights in Venezuela as a foreign investor?

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David Faulkner
  • Investor
  • Orange County, CA
3,093
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2,663
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David Faulkner
  • Investor
  • Orange County, CA
Replied

I read that North Korea is also in a deep recession, just like Atlanta in 2008 ... maybe there are REI opportunities there too. If I can't find any opportunities in my own backyard, I'm going to seriously consider looking there ... oh, wait, there's a great deal next door ... nevermind ...

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