Real Estate Underground · Episode 189 · Season 5
No Government Owns Us: Building a Global Real Estate Portfolio with Ladislas Maurice
April 7, 2026 · 36m
Show notes
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 US
- How $200K in a Panama bank or $400K in Turkish real estate can buy generational citizenship and a Plan B for your family
- The Ivory Coast deal that went wrong and why you should never skip the buyer's agent
- His father's best advice: "You don't have to answer every question"
Learn more about Ladislas at The Wandering Investor and on YouTube.
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Additional Resources:
- Clark St Capital -> Passive real estate investments for busy business owners and executives
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- Clark St Academy on YouTube -> Learn how to invest in real estate
Social Media:
- LinkedIn -> Ed Mathews (President at Clark St and Elevista)
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