There is certainty the US dollar will be fully replaced as the world's reserve currency within the next 10 years.

Bought it at about 40% FMV and with the currency conversion, she made a killing on it.

Dave Currence - I was researching and wondering the same thing.

Call me crazy but when buying real estate with cash I see it as a currency transfer. 

The house was purchased in 1984 for 75K, which means that on a 30 year loan, 7.5%, 100% loan, they would owe at the most 26K now.Or, they could have refied and currencly owe $90,000!!!

I'm more curious what would happen to real estate investors, in particular, when the dollar collapses.So that I can understand, can anyone tell me what would happen to my hypothetical syndication deal situation:Six multi-family apartments: 800 total unitsCombined purchase price of $30M80% of it have been provided by Fannie Mae or other loans.All in emerging markets.Cashflow after taxes:$976,564I have 0 of my money in any of them, because I syndicated the deal and own only 25% of cashflow and and appreciation for each of the properties.1) When the US dollar collapses and a new currency becomes the world standard, what happens to these properties and the owners?

If you look at the Columbian Peso versus the US dollar in just the last 6 months there has been a 25% devaluation of that currency in that time.http://www.exchange-rates.org/history/COP/USD/G/180So if you are making 25% returns in value annually and loosing 50% annually in the value of the currency, you are actually loosing money. 

In the present context whereby its seems American leadership is trying to devaluate the US currency, it will add you some extra points on your RE investment. 

Currency is a medium of exchange in our economy.

If you're playing the currency arbitrage game, that's fine, but you're gambling.