I am an Asian American MF investor living in NYC, owning 200 units in SC, KY and NY. My wife is Japanese from Fukuoka, I really enjoyed your content. I think you've evolved from being totally against investing in Japan to becoming receptive. I have been telling my wife about researching the Japan market, because long ago, I lived in Japan and studied in a language school in Osaka, I was surprised at how difficult it was for foreigners to rent apartments. Then I located a share house where they targeted foreign customers including musicians, chef, ex-pat company workers etc. They charged them a slightly higher rent but the requirement was more relaxed, and it was for both long and short terms. Most interestingly, the 40 room building was all traditional tatami room which foreigners love (Japanese like modern), although the building was older, but we did not care because it was hassel free, and it was also 14 min from the train station which foreigner did not mind either. The landlord knew what the foreigers cared and did not care, and we had a wonderful time living there. You might want to look into that type of business. The only draw back is that it is not passive, but I guess you can eventually hire kanrinin san.
Thanks for your thoughtful comment. Yes, I have. I'm a lot more open to investing in Japanese real estate like you pointed out. 200 units - that's super impressive. Can I interview you? 😆
jeez man how did you get to 200 units? Thats amazing, im a online entrepreneur, i would consider myself successful with tech businesses but still dont own any rental properties (only family home).
It is still difficult for foreigners to rent apartments now. Unless you pay more than the market value and accept limited options. I don't like living far away from the train station and old-style tatami rooms.
Bought two condos in Tokyo Highest interest rate was 2.4% put 30% down paid 20 year mortgage in 10 years. Good partners, good property managers, Delegate to highly competent experienced and trustworthy pros.
Shu-san, thank you for creating this type of insightful content and educating us on Japanese Real Estate. I'm a Japanese national that's lived in Canada for the past 30 years and finally moving back to Japan with my wife next month. I just saw in a recent post that you and Colin will be creating a crash course on investing in real estate in Japan. Very excited for this as my wife and I have been wanting to get into real estate in Japan but weren't quite sure where to start. We'll be first in line to sign up for the course!
His finance background shows clearly stand out and separate from others. His strategy and credibility is hard to mimic for newbies, but inspiring nonetheless. Great interview!
This is somewhat depressing to watch. I live in Miami, and foreign millionaries have ruined the housing market over the past 20 years. You can't get a house under 500k. I really hope these "investors" keep their greed under control and don't gobble up all the akiya just to rent because it will make the cost of living worse for japanese citizens.
But did you know that at the same time thanks to big money from overseas, the locals could sell their house for enormous gains😂 Niseko is a good example of it. 300K usd worth 10 years ago, now sitting at 2000K usd😊
Miami and most of the USA was very affordable from 2008 to 2014. Don't blame foreign investors for gobbling up what Americans wouldn't buy. You could have done it yourself with a bit of intestinal fortitude.
Didn't Charlie Mung and Warren Buff invent the strategy of buying/investing when the market is low and also buying/investing when the market is high? As Warren Buffet said, he has seen this happen many times in his life. Not an investor. My wife and i never earned more than a middle class salary. We plan to get retired at 58 with a stock portfolio worth $4M. We have never sold so much as one share of stock.............
It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing..
The adviser I'm in touch with is 'ROCH DUNGCA-SCHREIBER* , SHE works with Merrill, Pierce, incorporated and interviewed on CNBC Television. You can use something else. for me his strategy works hence my result. he provides entry and exit point for the securities I focus on.
Foreigners who buy Akiya are often smart and have the skills to make and repair houses, that's why, they only need to buy basic materials, there is no labor cost. Sometime later, upon he die, his property also became "Akiya" this is the wheel of human life.The property will become more difficult to sell because the heirs of the estate are abroad.
This was a great interview!Laurent seems like a genuine guy and was very kind to provide so much information. You said you’d link his Airbnb but I don’t see it ❤🙏
I know on the west coast you can actually tent your home and spray for termites. Then fix the areas where the termites have been aggressive. Unless it's just too dar gone.😢
I just discovered your channel. This is the first video of yours I’ve watched. It’s almost a year later, but I still wanted to thank you for this informative, interesting, and inspiring interview.
Good Interview! I enjoyed the breakdown of the numbers he looks at when considering in buying a property. Would be great to see more of the numbers aspect in investing in real estate.
Pardon me for asking this but I need help in paying off my mortgage faster, I'm currently doing double mortgage payments but I'm so not into taking up any debt, I have 20k in savings as my emergency fund and will continue to increase my savings, since we are debt free except for our mortgage, can my emergency fund be in good use or link to our mortgage to save on paying interest, need navigation to sustain my mortgage.
An even better idea is to have 30k plus saved already to pay the mortgage down with it, and then pay an extra 10k per month into a high-interest investing account. Once your high interest account reach $20k plus, pay it on the mortgage again! By doing it this way, you won't go into debt and you'll have the interest account as an emergency fund!
I understand Joe generating returns are usually phenomenal. What would have been really interesting would be a proper breakdown showing their costs , services, investors return..
Really good insight sir, I have two properties offered off the market since the high interest, I have been offered a developer loan but Im interested on making more income, does myatt give access to substantial equity returns to offset my mortgage?
Great interview @shumatsuopost Japan is a very different market compared to New Zealand, Australia, and Papua New Guinea. Was interesting to hear the history of his journey to Japan! Sapporo seems much cheaper than Tokyo! But has a lot of environmental factors to consider too!
Thanks! Yes, real estate in Japan is a cash-flow game. With the interest rates so low and banks are willing to lend you "free" money up to 100+% LTV, if you find the right deal, returns are literally infinite.
@@shumatsuopost Shu, I had a question about the age of the building. So in the states, the value of the building is based upon the NOI. As for age, as long as you keep up with the renovations, you can still trade with a nice upside. How does building in Japan work ? As in this interview, he bought a 15 years old building, and he said if he wants to sell, he can double his money, so at what age (of the building), does the property see diminishing return, and ultimately become zero?
An issue to consider with investing in property in Japan is the inheritance tax. If you possess a significant portfolio or high-value real estate, the government may take up to 40% of its value. This can undermine the goal of creating wealth in Japan if you cannot pass it down to your family without the government taking a large portion. Can you touch on this more and if there is any workaround?
Not as long as the baby boomers are still around. Japan had to make a choice, lift up the next generation or protect the pensioners. Of course the old people will always choose their own interests.
Establish KK(kabushiki kaisha) and buy your real estate through your own asset management company. During inheritance stage the most common issue locals face is the high valuation of the share price of the company. So make sure to compress the earnings and pass on the share to your descendants. In that way you can save more tax than having real asset under your name.
It would be an eye opener. The spouse can keep 30MYen and then is taxed at a maximum of 55% for assets above 45MYen. What would make it more interesting is how to minimize inheritance taxes.
It’s the most interesting and fun interview on property investing in Japan! Great work! Laurent wrote a book on algo trading, he’s smarter than the smart!😂😂
I just hope that foreigners won’t make the prices impossible in Japan. Unlike here, the prices decrease over time. Increasing the prices would greatly hurt the economy, seeing how the yen is already weakening… and definitely not encouraging people to grow families
@shumatsuopost I've completed my higher education in Japan 10 years ago. At the time I decided to not pursue work and family life in Japan. Returned to my home country, started work, decent pay, got married, now have 2 lovely kids. We're sitting on a bit of money that we are not investing and I'd love to get some leverage/business in Japan going. From this interview I learned a lot. For example that w/o some extra time years in the country I won't be able to get a permanent residency ( got like 4 years and a half from Uni) and thus I won't be able to apply for a loan. Japanese loans look such a banger with their incredibly low return rates. Obviously marrying a local is not an option at this point. Still though, if you were sitting on for example 10-15k$ in cash, would there be anything worthwhile investigating in Japan? Seems like too low in my opinion but if I relocate and get the few extra years there for permanent residency ... then this could open the door for a bank loan within Japan Cheers!
Thanks for your comment. What's your goal for investing? $10K-$15K isn't a lot of money to invest in real estate. If you're earning a lot of income, I would focus on saving more to save $100K+ and then start investing in real estate. If you're not, I would use $10K-$15K to invest in yourself to increase your earning capacity. Take online courses or join a mastermind to learn how to earn more. The ROI you'll get from that will probably be higher than any investment you'll get. Good luck!
Im a fan. I like your content. I also started my property investment here in japan this year, I bought 3 properties just this year. Hahaha. Let's see. Hahaha Hope it works.
Appreciate it! That's awesome you bought 3 properties this year already - what are they and where did you get them? Can I interview you in the future? 😆
Im a foreigner here in Toyama Ken, likes realestate investing. I find my listings on the internet, call the broker makes some negotiations, then got 3 Units. I DIY it. Hahahha Soon if turn out positive. 😂 Thank You.
Does Laurent mean cap rate when he says yield? If this building costs 160M yen and he makes 6M per month that's 72M per yr. Something doesn't add up here. Maybe he misunderstood the per month and thought per yr. Am I getting this right? Also what are the interest rates in Japan for a loan for a project like this? What ab depreciation come tax time? Is there such a concept in JP? I am interested in buy an apartment building so that's why I'm trying to run the numbers from the video. Great info BTW!
He said interest was .65% and he financed 95% so you’re right. The numbers don’t add up. The spec sheet said the unit yields 8.75% and he said occupancy was 95% so that means he’s pulling in 1.1MYen. The numbers do add up in that case.
he is knowledgeable, but he loses out in the yen depreciation if he is not hedged, and coming from a equity investor pov, its too much of a hassle trying real estate instead of equities for direct exposure, that said real estate caters to a different breed of crowd
Hi Shu, thanks for the great video! Was wondering how easy would it be to build a network if you are totally new to Japan? How welcoming or open are Japanese partners if you go in all new and green? Thanks
Thanks for your comment. How "easy" depends on your expectation and what your definition of "easy" is. I think the best way is to put yourself out there. Attend seminars, meet ups, post your content on social media or your own website, add value to others first, etc. If you're willing to do the work, people will come to you.
Good question: 1. 礼金 non-refundable key money is a disappearing practice, thank God for that. As a tenant, I hated it. We do not ask for key money. 2. 保証金 Deposit usually equivalent to 1 month. We tend to charge it but can wave it on a case by case basis. Deposits are returned when the tenant leaves 3. 広告費用: The real estate agent however charges the tenant a commission, which amounts to 1 month of rent. When we want to rent one unoccupied unit off season, we may incentivise RE agents with one additional month 4. 家賃保証 Rent guarantee: this is a small fee built-in the rent that guarantees rent payments tot he landlord when a tenant stops paying rent.
A question. Here in Europe banks are more interested in lending to whom already own property. if you own a property 100% (or close to it) then the bank will lend for sure on your next purchases. Is that the same in Japan? What I heard is his first investment was 95% BANK SUPPORTED. That is unheard of in Europe.
From what I understand, banks in Japan look at the deal more than the person especially for multifamily or commercial properties. I believe that's why he was able to get his first deal financed that much. Japanese banks want to lend money - that's why interest rates are so low.
@@MarkAlaine 連帯保証人 means that if we default on the debt repayment, the bank can come after our personal assets. This covenant got Suruga Bank and their clients in financial trouble
@@lb1789 Right. I see. I did hear about Suruga bank clients. I also heard that Suruga lent to people constructing new buildings with Daitokentaku and their rentals went down and they couldn’t service the loans.
@@shumatsuopost Thank You very much. Damn, I look fat!!! Back tot he dojo! It was a genuine pleasure meeting You. I would very much like to learn more form You
Thanks for this channel, the awareness for Akiya property is important. The saving and loans industry of Japan has an important role with the Japan International Bankers Association when asset control and private accounts are involved. The United States since 1933 and juridical authority of the Securities Exchange Commission admits to foreign markets with definitions that technical cooperation has mutual domestic concerns with broker dealers as integrity with the tax jurisdiction. I am very interested in how the market for Akiya and the continued marketing videos will develop. Thank You.
You can fill out one of these forms so I can help you: Akiya Income Generator (for rental properties): forms.gle/7ySUCdpiLVy9mHoy9 Japan Akiya Assist (for vacation homes): forms.gle/1A7FHHJxqHfuuUjh7
Hi I like your program just today fly back to Canada Vancouver from Tokyo have an opportunity to buy a house (ekenyasan)from a friend of us (japanese) would you able to give me some information about matsuyam shi like price range popularity rental investment or personal holiday housing using the house located around Sammamish onsen area, appreciate your help thanks kam
Thanks for the video, Shu Matsuo. We wouldn't have the potential for reflecting and discussing without you. My take: This situation seems neat for him, but an overall trend downwards for the other 90+ people involved One of the *appealing* aspects of Japanese culture has been that hoarding real estate is not encouraged and people do not take pride in (literal) rent seeking. While he does manage the relationships with the banks, it feels sort of dirty to put 5% down and then start collecting from the neighborhood. On day one, his equity is only 5% more than the tenants'. Pretty wild. This kind of activity has made western housing an awful experience. I can appreciate restoring an Akiya house into a usaable space though.
Thanks for taking the time to share your insight. I do think there are reasons why banks in Japan allow people to take on this kind of loans with such low interest rates though.
Lots of good questions, which brought out good insights and analysis by Laurent. Shame he peppered the interview with creepy comments about women, which took the shine off it.
"who didn’t come from money." Well he worked for a really good company, could buy his first house, he obviously had money, but guess the timing was more important. That time is long gone. You need to have much more money now. Money talks, money makes money. The "who didn't come from money" have little or no chance now, but well never stop dreaming.. :)
@@shumatsuopost some people work their butts off, have 3 jobs and can’t even afford basic stuff. I still say many key factors need to be right to come to a certain point. But well, keep hope alive.. love your channel though very informative & entertaining so don’t mean it in a bad way. Japan is kinda fascinating, strange but yet intriguing and well I get why they rather don’t have strangers & why it’s not easy, that’s perfectly normal. Would love to buy a house there, but well I’ll settle for a visit which is probably all I can afford anyways InshaAllah. Cheers.
Real estate/land monopolization should be banned. It's one of the ways the poor are maintained poor and many things become unaffordable. No wonder people don't want kids.
FREE GUIDE: How to Buy a Cheap Akiya as a Foreigner: stan.store/shumatsuopost How many rental units do you want to own and why? #financialfreedom #realestateinvesting #passiveincome
This guy comes from an international family, was fortunate enough to have the opportunity to have exposure to japanese culture early, when he got to Japan worked for hedge funds, and you expect me to believe he didn't come from money? His first property cost over a million US dollars. This interview is a joke, the man came from a privileged family and although it takes skill to do his job he only had the opportunity to find his job because of luck.
Sure, he has privileges that many don't have. But he's also a very hard worker. To start off, you can't master the Japanese language the way he did without trying hard. And publishing a book takes a whole lot of work - I know that because I've published a book, too. He got lucky because he's worked hard.
Thank You, you are right about luck. However, I grew up in the bottom 1% of the French nation, i have the receipts to prove it. Trust me when i say indigence leaves a taste you won't forget. I worked my way up to the top 1% worldwide. Luck is a duellist you must provoke. All this to say that If I made it, so can you. In my line of work, traders make one of 2 things: either they make money or they make excuses. Please allow me to wish you no excuses
I would stay away with any type of ''Algo trading''. Most automating trading is a scam. I am a python programmer and work in data sciences. FFS it's dubious.
![Inside a NORMAL Tokyo Apartment - [Not So TINY!]](/img/n.gif)
I am an Asian American MF investor living in NYC, owning 200 units in SC, KY and NY. My wife is Japanese from Fukuoka, I really enjoyed your content. I think you've evolved from being totally against investing in Japan to becoming receptive. I have been telling my wife about researching the Japan market, because long ago, I lived in Japan and studied in a language school in Osaka, I was surprised at how difficult it was for foreigners to rent apartments. Then I located a share house where they targeted foreign customers including musicians, chef, ex-pat company workers etc. They charged them a slightly higher rent but the requirement was more relaxed, and it was for both long and short terms. Most interestingly, the 40 room building was all traditional tatami room which foreigners love (Japanese like modern), although the building was older, but we did not care because it was hassel free, and it was also 14 min from the train station which foreigner did not mind either. The landlord knew what the foreigers cared and did not care, and we had a wonderful time living there. You might want to look into that type of business. The only draw back is that it is not passive, but I guess you can eventually hire kanrinin san.
Thanks for your thoughtful comment. Yes, I have. I'm a lot more open to investing in Japanese real estate like you pointed out. 200 units - that's super impressive. Can I interview you? 😆
Chinese are killing our housing market…
jeez man how did you get to 200 units? Thats amazing, im a online entrepreneur, i would consider myself successful with tech businesses but still dont own any rental properties (only family home).
@@krisb-travel bro, good timing+ hard working+ risk taking+ luck.
It is still difficult for foreigners to rent apartments now. Unless you pay more than the market value and accept limited options. I don't like living far away from the train station and old-style tatami rooms.
Bought two condos in Tokyo Highest interest rate was 2.4% put 30% down paid 20 year mortgage in 10 years. Good partners, good property managers, Delegate to highly competent experienced and trustworthy pros.
Shu-san, thank you for creating this type of insightful content and educating us on Japanese Real Estate. I'm a Japanese national that's lived in Canada for the past 30 years and finally moving back to Japan with my wife next month. I just saw in a recent post that you and Colin will be creating a crash course on investing in real estate in Japan. Very excited for this as my wife and I have been wanting to get into real estate in Japan but weren't quite sure where to start. We'll be first in line to sign up for the course!
Love to hear that!
His finance background shows clearly stand out and separate from others. His strategy and credibility is hard to mimic for newbies, but inspiring nonetheless. Great interview!
His planning is truly top-notch!
This guy was perfect for an interview.He is knowledgeable,funny and likeable.
Appreciate it!
This is somewhat depressing to watch. I live in Miami, and foreign millionaries have ruined the housing market over the past 20 years. You can't get a house under 500k. I really hope these "investors" keep their greed under control and don't gobble up all the akiya just to rent because it will make the cost of living worse for japanese citizens.
My thoughts exactly. Also another example of heavy hitters owning the market before any of us non-millionaires have a chance to build up to ownership.
Miami housing market is unrecognizable from 10 years ago, and an entirely different game from 15-20 years ago.
Same here in my home country... houses' prices are getting more ridiculous
But did you know that at the same time thanks to big money from overseas, the locals could sell their house for enormous gains😂 Niseko is a good example of it. 300K usd worth 10 years ago, now sitting at 2000K usd😊
Miami and most of the USA was very affordable from 2008 to 2014. Don't blame foreign investors for gobbling up what Americans wouldn't buy. You could have done it yourself with a bit of intestinal fortitude.
Wow this is one of your best videos I've seen so far because he is very thorough and I've learned a lot from him!
Great to hear!
Didn't Charlie Mung and Warren Buff invent the strategy of buying/investing when the market is low and also buying/investing when the market is high? As Warren Buffet said, he has seen this happen many times in his life. Not an investor. My wife and i never earned more than a middle class salary. We plan to get retired at 58 with a stock portfolio worth $4M. We have never sold so much as one share of stock.............
It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing..
The adviser I'm in touch with is 'ROCH DUNGCA-SCHREIBER* , SHE works with Merrill, Pierce, incorporated and interviewed on CNBC Television. You can use something else. for me his strategy works hence my result. he provides entry and exit point for the securities I focus on.
It’s all about two things cash flow and net worth aka assets vs. liabilities.
Foreigners who buy Akiya are often smart and have the skills to make and repair houses, that's why, they only need to buy basic materials, there is no labor cost. Sometime later, upon he die, his property also became "Akiya" this is the wheel of human life.The property will become more difficult to sell because the heirs of the estate are abroad.
as a brit living in the Philippines as a businessman who LOOOVVVESSSSSS JAPAN... this was an easy subscribe for me.
Love to hear that!
WoW you live the life, if you have money in Philippines you can get any girl as young as you want for pleasure, that's the life, and food is amazing
Good cash flow on a depreciating asset can be very tricky. Repairs and maintenance can often neutralize a lot of profit.
I watched half of this video yesterday and half today. Great interview! Thank you for sharing Shu. 😊
Glad you enjoyed it!
Thank you, that was a brilliant interview.
Laurent has a wealth of knowledge!
Glad you enjoyed it!
Thank You very much
This was a great interview!Laurent seems like a genuine guy and was very kind to provide so much information.
You said you’d link his Airbnb but I don’t see it ❤🙏
Glad you enjoyed it! I will be adding it in the description box whenever it's ready. Thanks!
Is it ready now?
Very good interview Shu. Loved it. This is going to be an epic journey!
Thank you!
I know on the west coast you can actually tent your home and spray for termites. Then fix the areas where the termites have been aggressive. Unless it's just too dar gone.😢
Despite of the declining population in Japan, amazing how he did it. Very informative, thank you for this.
Glad it was helpful!
I just discovered your channel. This is the first video of yours I’ve watched. It’s almost a year later, but I still wanted to thank you for this informative, interesting, and inspiring interview.
Welcome aboard!
Good Interview! I enjoyed the breakdown of the numbers he looks at when considering in buying a property. Would be great to see more of the numbers aspect in investing in real estate.
Glad you liked it!
Pardon me for asking this but I need help in paying off my mortgage faster, I'm currently doing double mortgage payments but I'm so not into taking up any debt, I have 20k in savings as my emergency fund and will continue to increase my savings, since we are debt free except for our mortgage, can my emergency fund be in good use or link to our mortgage to save on paying interest, need navigation to sustain my mortgage.
An even better idea is to have 30k plus saved already to pay the mortgage down with it, and then pay an extra 10k per month into a high-interest investing account. Once your high interest account reach $20k plus, pay it on the mortgage again! By doing it this way, you won't go into debt and you'll have the interest account as an emergency fund!
I understand Joe generating returns are usually phenomenal. What would have been really interesting would be a proper breakdown showing their costs , services, investors return..
Really good insight sir, I have two properties offered off the market since the high interest, I have been offered a developer loan but Im interested on making more income, does myatt give access to substantial equity returns to offset my mortgage?
@rahultoggi4672that’s awesome! Wish I could say the same.
Great interview @shumatsuopost Japan is a very different market compared to New Zealand, Australia, and Papua New Guinea.
Was interesting to hear the history of his journey to Japan! Sapporo seems much cheaper than Tokyo! But has a lot of environmental factors to consider too!
Thanks! Yes, real estate in Japan is a cash-flow game. With the interest rates so low and banks are willing to lend you "free" money up to 100+% LTV, if you find the right deal, returns are literally infinite.
@@shumatsuopost Shu, I had a question about the age of the building. So in the states, the value of the building is based upon the NOI. As for age, as long as you keep up with the renovations, you can still trade with a nice upside. How does building in Japan work ? As in this interview, he bought a 15 years old building, and he said if he wants to sell, he can double his money, so at what age (of the building), does the property see diminishing return, and ultimately become zero?
An issue to consider with investing in property in Japan is the inheritance tax. If you possess a significant portfolio or high-value real estate, the government may take up to 40% of its value. This can undermine the goal of creating wealth in Japan if you cannot pass it down to your family without the government taking a large portion. Can you touch on this more and if there is any workaround?
Thanks for your comment - yes, we'll look into it :)
Not as long as the baby boomers are still around. Japan had to make a choice, lift up the next generation or protect the pensioners. Of course the old people will always choose their own interests.
Establish KK(kabushiki kaisha) and buy your real estate through your own asset management company.
During inheritance stage the most common issue locals face is the high valuation of the share price of the company. So make sure to compress the earnings and pass on the share to your descendants. In that way you can save more tax than having real asset under your name.
This guy is legit. Thank you for sharing
You're welcome. Glad you enjoyed watching the interview. Yes, he knows what he's doing.
Steps to becoming a Akiya mogul
1. Get a Japanese girlfriend
2. Get a banker friend
3. Get an akiya
I can't even clear step 1 so.......
Wish you the best!
Hahaha
Japanese wifey hunt is already final boss
Stop using Asian women as a tool for your investment dream lmfaooo be a man and do it yourself 😂
Never surrender..
What happens with inheritance tax video would be great to see! Whats tour exit strategy.
It would be an eye opener. The spouse can keep 30MYen and then is taxed at a maximum of 55% for assets above 45MYen. What would make it more interesting is how to minimize inheritance taxes.
One of your best videos so far
Glad you liked it!
It’s the most interesting and fun interview on property investing in Japan! Great work!
Laurent wrote a book on algo trading, he’s smarter than the smart!😂😂
Love to hear that!
Great interview! How to get in contact with you ? I am thinking of investing in Japan.
Thank you. For business inquires, you can email me at shu@postfi.co
Shu are you changing your mind about real estate investing in Japan?
Yes, the way I see Japanese real estate has definitely changed over the past few months. :)
This was very interesting and informative. Thank you so much!
Glad it was helpful!
Where is his Airbnb in Shimoda? I couldn't find the link to it and there are 45 properties on Airbnb.
I just hope that foreigners won’t make the prices impossible in Japan. Unlike here, the prices decrease over time. Increasing the prices would greatly hurt the economy, seeing how the yen is already weakening… and definitely not encouraging people to grow families
Thanks for the video! Alot of useful info.
Thanks for watching - glad you liked it!
Thank you soooo much man! I am going to save up and travel and someday buy my akiyaaa!
Thanks for watching! Sounds like a plan - good luck :)
Romance train goes to the Westside. The Saphir is the luxury train to Shimoda.
this guy is a legend
Thanks for watching!
A lot of wisdom in one video. Thanks.
Thanks for watching - I'm glad you enjoyed it
やっとシュさんが日本語で喋った！少しでも日本語でインタビューしたら面白いと思います。その外国人の日本語のレベル興味があります。
ありがとうございます：）そうですね、今後はもう少し日本語も入れてみますね。😀
@shumatsuopost
I've completed my higher education in Japan 10 years ago. At the time I decided to not pursue work and family life in Japan.
Returned to my home country, started work, decent pay, got married, now have 2 lovely kids.
We're sitting on a bit of money that we are not investing and I'd love to get some leverage/business in Japan going.
From this interview I learned a lot. For example that w/o some extra time years in the country I won't be able to get a permanent residency ( got like 4 years and a half from Uni) and thus I won't be able to apply for a loan. Japanese loans look such a banger with their incredibly low return rates. Obviously marrying a local is not an option at this point.
Still though, if you were sitting on for example 10-15k$ in cash, would there be anything worthwhile investigating in Japan? Seems like too low in my opinion but if I relocate and get the few extra years there for permanent residency ... then this could open the door for a bank loan within Japan
Cheers!
Thanks for your comment. What's your goal for investing?
$10K-$15K isn't a lot of money to invest in real estate. If you're earning a lot of income, I would focus on saving more to save $100K+ and then start investing in real estate. If you're not, I would use $10K-$15K to invest in yourself to increase your earning capacity. Take online courses or join a mastermind to learn how to earn more. The ROI you'll get from that will probably be higher than any investment you'll get.
Good luck!
Love this video! Keep it up!
Thanks! Appreciate your support
I agree Don't follow the crowd Find opportunities that others don't see.
Very interesting Interview. Thank you to both
Our pleasure!
"my maaan" cracks me up. I like this guy
Laurent, is now a good time to buy in Japan?
its cool i can clearly hear all 3 of his accents in every sentence. Impressive.
Thanks for watching!
Working at an embassy, and in stocks at a hedge fund doesnt scream "didnt come from money" to me
These guys are all frauds.
Im a fan. I like your content. I also started my property investment here in japan this year, I bought 3 properties just this year. Hahaha. Let's see. Hahaha Hope it works.
Appreciate it! That's awesome you bought 3 properties this year already - what are they and where did you get them? Can I interview you in the future? 😆
Im a foreigner here in Toyama Ken, likes realestate investing. I find my listings on the internet, call the broker makes some negotiations, then got 3 Units. I DIY it. Hahahha
Soon if turn out positive. 😂 Thank You.
Basically he grewe his empire using free OPM with near zero IR.
That's one way to grow your wealth 👌
just keep buying more and more till you pass on.Sell it all and go have fun.
Does Laurent mean cap rate when he says yield? If this building costs 160M yen and he makes 6M per month that's 72M per yr. Something doesn't add up here. Maybe he misunderstood the per month and thought per yr. Am I getting this right?
Also what are the interest rates in Japan for a loan for a project like this? What ab depreciation come tax time? Is there such a concept in JP?
I am interested in buy an apartment building so that's why I'm trying to run the numbers from the video. Great info BTW!
He said interest was .65% and he financed 95% so you’re right. The numbers don’t add up.
The spec sheet said the unit yields 8.75% and he said occupancy was 95% so that means he’s pulling in 1.1MYen. The numbers do add up in that case.
he is knowledgeable, but he loses out in the yen depreciation if he is not hedged, and coming from a equity investor pov, its too much of a hassle trying real estate instead of equities for direct exposure, that said real estate caters to a different breed of crowd
this is such a gem, as i can still learn many new things every time i rewatch this
Love to hear that!
what are the expenses for hotel license and what is the process?
50:58 - where is the link to his blog? I don't see it anywhere....
medium.com/@laurentbernut
where is the link to his ABNB?!?!? :3
Hi Shu, thanks for the great video! Was wondering how easy would it be to build a network if you are totally new to Japan? How welcoming or open are Japanese partners if you go in all new and green? Thanks
Thanks for your comment. How "easy" depends on your expectation and what your definition of "easy" is. I think the best way is to put yourself out there. Attend seminars, meet ups, post your content on social media or your own website, add value to others first, etc. If you're willing to do the work, people will come to you.
He has interesting guests.
Wow, well done. This is a great video.
Glad you enjoyed it!
I wonder if he charges key money and deposit money like regular Japanese land lords?
Good question:
1. 礼金 non-refundable key money is a disappearing practice, thank God for that. As a tenant, I hated it. We do not ask for key money.
2. 保証金 Deposit usually equivalent to 1 month. We tend to charge it but can wave it on a case by case basis. Deposits are returned when the tenant leaves
3. 広告費用: The real estate agent however charges the tenant a commission, which amounts to 1 month of rent. When we want to rent one unoccupied unit off season, we may incentivise RE agents with one additional month
4. 家賃保証 Rent guarantee: this is a small fee built-in the rent that guarantees rent payments tot he landlord when a tenant stops paying rent.
Thanks for answering those questions @laurentbernut2567 🙌 Welcome to the Tube!
I’m interested to buy a house akiya
Nice video! Please add the airbnb link! : )
Thanks for watching! I will when it's ready :)
A question. Here in Europe banks are more interested in lending to whom already own property. if you own a property 100% (or close to it) then the bank will lend for sure on your next purchases. Is that the same in Japan? What I heard is his first investment was 95% BANK SUPPORTED. That is unheard of in Europe.
From what I understand, banks in Japan look at the deal more than the person especially for multifamily or commercial properties. I believe that's why he was able to get his first deal financed that much. Japanese banks want to lend money - that's why interest rates are so low.
Also I think he mentioned “rentaihoshonin” which means that for the first property he had a guarantor to cosign the mortgage.
@@MarkAlaine 連帯保証人 means that if we default on the debt repayment, the bank can come after our personal assets. This covenant got Suruga Bank and their clients in financial trouble
@@lb1789 Right. I see. I did hear about Suruga bank clients. I also heard that Suruga lent to people constructing new buildings with Daitokentaku and their rentals went down and they couldn’t service the loans.
Been waiting for this one.
Enjoy the full interview :)
What a smart guy!! Very interesting and impressive!
@@lorisuemontgomery8562 Yes, he's a very smart investor! He really knows when to buy assets.
@@shumatsuopost Thank You very much. Damn, I look fat!!! Back tot he dojo! It was a genuine pleasure meeting You. I would very much like to learn more form You
Where's his AirBnB?
Thanks for this channel, the awareness for Akiya property is important. The saving and loans industry of Japan has an important role with the Japan International Bankers Association when asset control and private accounts are involved. The United States since 1933 and juridical authority of the Securities Exchange Commission admits to foreign markets with definitions that technical cooperation has mutual domestic concerns with broker dealers as integrity with the tax jurisdiction. I am very interested in how the market for Akiya and the continued marketing videos will develop. Thank You.
Thank you for becoming a member! Appreciate your support.
Love you content. Please keep up more content.
Glad to hear that! Thanks for watching!
@@shumatsuopost I just bought a japanese house this month in Tokyo. But after i saw your content i really want to work with you.
How to buy land in japan like a farm in Okinawa or southern coast areas?
A house is just a house with no space for gardening and farming
Nice beach house 🏠...Aah feeling.
It does look very beautiful!
How to avail and the process
You can fill out one of these forms so I can help you:
Akiya Income Generator (for rental properties): forms.gle/7ySUCdpiLVy9mHoy9
Japan Akiya Assist (for vacation homes): forms.gle/1A7FHHJxqHfuuUjh7
🎉🎉thanks for sharing
You are so welcome!
Hi I like your program just today fly back to Canada Vancouver from Tokyo have an opportunity to buy a house (ekenyasan)from a friend of us (japanese) would you able to give me some information about matsuyam shi like price range popularity rental investment or personal holiday housing using the house located around Sammamish onsen area, appreciate your help thanks kam
Awesome video
Thanks for watching!
You’re channel is great and I love seeing this type of perspective on investing.
Happy to hear that!
how to maintain the ariBNB in such a remote area. as those area are lacking labour ?
There are ways to go around it especially in areas like Shimoda where Airbnb is becoming popular.
I have a friend who owns an Airbnb in that area and he needs to do the cleaning himself. The few cleaners for hire demand a fixed weekly schedule.
@@greghelton4668 tell him hire labors Vietnames, Filippinos, Pakistani,Indian,..
Don’t say “gaijin” it’s like dominating people. So say “gaikokujin”
My guy counts one bedroom as a "unit"
If he is renting out by room, I guess one bedroom counts as a "unit"
Thanks for the video, Shu Matsuo. We wouldn't have the potential for reflecting and discussing without you.
My take: This situation seems neat for him, but an overall trend downwards for the other 90+ people involved
One of the *appealing* aspects of Japanese culture has been that hoarding real estate is not encouraged and people do not take pride in (literal) rent seeking. While he does manage the relationships with the banks, it feels sort of dirty to put 5% down and then start collecting from the neighborhood. On day one, his equity is only 5% more than the tenants'. Pretty wild.
This kind of activity has made western housing an awful experience.
I can appreciate restoring an Akiya house into a usaable space though.
Thanks for taking the time to share your insight. I do think there are reasons why banks in Japan allow people to take on this kind of loans with such low interest rates though.
what happens when your renters dont pay thier rent.
21:30
27:00
These are the guys that makes rent in Tokyo so expensive. Sad.
In what way?
This is a little extreme for a gaijin imo if u ask
Would it not be extreme if he wasn't a gaijin? 😆
Not at all. My American friend in Tokyo owns many buildings totaling 500 units. But obviously you’ve gotta be sharp and ambitious.
being a gaijin is already extreme enough though, just go balls to the wall bro
Lots of good questions, which brought out good insights and analysis by Laurent. Shame he peppered the interview with creepy comments about women, which took the shine off it.
Appreciate your comment and feedback 👌
Didn’t understand anything((
Wow!
Thanks for watching!
"who didn’t come from money." Well he worked for a really good company, could buy his first house, he obviously had money, but guess the timing was more important. That time is long gone. You need to have much more money now. Money talks, money makes money. The "who didn't come from money" have little or no chance now, but well never stop dreaming.. :)
If you let it, it'll be true. I know Laurent worked his butt off to get to where he is now.
@@shumatsuopost some people work their butts off, have 3 jobs and can’t even afford basic stuff. I still say many key factors need to be right to come to a certain point. But well, keep hope alive.. love your channel though very informative & entertaining so don’t mean it in a bad way. Japan is kinda fascinating, strange but yet intriguing and well I get why they rather don’t have strangers & why it’s not easy, that’s perfectly normal. Would love to buy a house there, but well I’ll settle for a visit which is probably all I can afford anyways InshaAllah. Cheers.
hmmm interesting but, ..a little sus when he started talking about shorting and hypnotherapy
1:25 ...........🙂🤦♂️
I am Interested in buying a sprawling luxurious beautiful countryside Akiya that I cannot live in.
idk why this guy just irks me. a foreigner coming in and taking THAT much real estate just feels sleazy to me
Why aren’t Japanese people doing this? ❤
Laurent is such a nice French name and you butchered it.
Now let's see this house of cards crumble
why?
Real estate/land monopolization should be banned. It's one of the ways the poor are maintained poor and many things become unaffordable. No wonder people don't want kids.
now he wants to rent out his own personal house.Greedy or what
FREE GUIDE: How to Buy a Cheap Akiya as a Foreigner: stan.store/shumatsuopost
How many rental units do you want to own and why? #financialfreedom #realestateinvesting #passiveincome
Pin this comment dude lol
money hungry guys like this have no girlfriends because they dont spend on women or themselves. hell be alone for ever
This guy comes from an international family, was fortunate enough to have the opportunity to have exposure to japanese culture early, when he got to Japan worked for hedge funds, and you expect me to believe he didn't come from money? His first property cost over a million US dollars. This interview is a joke, the man came from a privileged family and although it takes skill to do his job he only had the opportunity to find his job because of luck.
Sure, he has privileges that many don't have. But he's also a very hard worker. To start off, you can't master the Japanese language the way he did without trying hard. And publishing a book takes a whole lot of work - I know that because I've published a book, too. He got lucky because he's worked hard.
Thank You, you are right about luck. However, I grew up in the bottom 1% of the French nation, i have the receipts to prove it. Trust me when i say indigence leaves a taste you won't forget. I worked my way up to the top 1% worldwide. Luck is a duellist you must provoke. All this to say that If I made it, so can you. In my line of work, traders make one of 2 things: either they make money or they make excuses. Please allow me to wish you no excuses
Disgusting tbh
I would stay away with any type of ''Algo trading''. Most automating trading is a scam. I am a python programmer and work in data sciences. FFS it's dubious.
Interesting. Thanks for sharing your insight 👌
all the gaijin in japan are so corny
all of them?