Live and Invest Overseas - Lief Simon and Kathleen Peddicord Recommended Real Estate investments that were not legitimate
Lief Simon and Kathleen Peddicord give advice regarding other countries to invest in. Returns are always suppose to be high. I have invested a total of $285K in... a beach front lot 2016 and beach front condo 2017; both in Brazil. An avocado farm 2016 and condo 2018(both in Panama)and here are the results based on their wonderful advice. Nada. Not a single return on my investment and it is now Jan. 2022. I had to file a lawsuit against the builder in Panama for nefarious behavior and not doing what he said.
The lawsuit started in 2019 and it is still ongoing. No income at all. I just found out the avocado farm is a complete scam, no title after 5.5 years. Excuse after excuse. I found someone on the internet who told me about the avocado farm and he gave me the bad news that there are tons of lawsuits against the company and to count it as a total loss. The Brazilian developer won't give me the title as months and months go by with nothing but excuses. I could go on and on. When you contact live and invest to see if they can help, they are nowhere to be found.
One of the sales people for the Panama real estate told me Lief gets kick backs for every sale that comes from his live and invest folks like me (he claims he does all the due diligence for us to make sure it's a good investment) but he's probably just making a deal with these developers and ends up the winner and we end up the loser. So, my advice...stay in your own country to invest and stay away from places you cannot speak the language and from people you cannot hold accountable. I hope this helps at least one person from losing this kind of money. I beg you to stay away for your own sake.