Great post! Too many people don't even save anything. I read posts on X or even here where young people that are in their 20's 30's or 40s are living in Argentina and basically unemployed or living off their crypto savings. That is just dumb to me to not be money. Most of them are going to end...
I don't think $150k gets much in California. Probably the nicest weather and some cities are really beautiful but those taxes!
Egg prices are crazy now! @StatusNomadicus are egg prices in Mendoza bad? They must still be cheap there no?
Damn dude! 72,000 pesos for half a bottle of wine! Thiat's over $60 USD for HALF a bottle. And that steak is expensive too. These are American prices. What did you get for the cubierto? Did they even give you anything??? This is expensive!
His website looks like it went out of business in the mid 1990s! I don't understand why anyone would use him. He sounds like he is very expensive and doesn't seem like any testimonials.
Thanks. I will try them. I trust you. If she did yours and all your clients then that means a lot to me...
Some of those numbers look too low. OSDE costs more than that for 4 people. That monthly maid sounds cheap also. He must not be paying any property taxes. I hear locals totally evade them. I heard it was supposed to be about 1% per year on any properties you own.
I asked my friend that very question there in BA and they said always hang on to dear dollars and not speculate. Unfortunately they are having to sell off their dollar savings to live.
That is my experience. Many owners are totally flaky on Airbnb. I tried to ask owners to do a deal outside of Airbnb and Airbnb immediately sent me an email saying it would kick me off their platform if I broke the rules. I guess AI is helping them immediately spot when people are trying to do...
That is what I can't get over. I didn't think the people were as friendly as other places in Latin America I visited. Food was overrated. I kept going back to the same places that were great. I usually never repeat meals in a city while on vacation.
Real estate has to be the best deal. I was...
What was idiotic about his post? I thought kind of the same as him. It was hyped up. The restaurants and food weren't all that great (I posted while I was there). I thought the girls were nothing to write home about and the people aren't nearly as friendly as in other parts of Latin America.
I'm still seeing articles about this stupid move.
This was in Fortune Magazine.
https://www.forbes.com/sites/afontevecchia/2025/04/21/javier-mileis-black-swan-moment-the-libra-crypto-scandal/
Ah yeah that is a good point. I didn't think of it like that. I just think 25% is a lot and I would think you would want to load up on properties because it is like owning 1/4 of a property without paying a penny for it!
Is that true across the board? @GlasgowJohn, @earlyretirement @Wally @Avocado or any of you that live there or have employees? Are salaries beating inflation?
Nuts that they are charging 25% management fees and still turning down business! I would think they would want to take on as many properties as possible. Wonder why they don't want more properties?
It is common for a big company to buy a successful company and then run it into the ground. Many...
20% of listing price? That sounds ridiculous! The government has to have a way to red flag transactions that are so off. Maybe Mendoza is different but my realtor in BA told me that when people list to sell their house it is registered with ARCA and they monitor and eventually look in the...