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This Californian Bought a Japanese Akiya Near Tokyo
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- เผยแพร่เมื่อ 17 ส.ค. 2024
- I help foreigners buy properties in Japan.
Need Help with Buying an Akiya as a Rental Property? Apply for Akiya Income Generator: forms.gle/Zban...
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What kind of real estate can you buy with $20K where you live?
Jim, investor from California, recently purchased a house just an hour outside of Tokyo.
He paid $20K for it.
What's the catch?
Find out what he did about this abandoned house in Japan.
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#japan #realestateinvesting #financialfreedom #passiveincome #akiya #abandonedhouses #homebuyingtips #cheaphouses #housingmarket #japanhousingmarket #buyingahome #japanvlog
Disclaimer: I am not a financial advisor. This video and the ideas presented in it are for entertainment purposes only and should not be construed as financial or legal advice. Please also note that the past performance indicated in the video does not guarantee future results.
00:00 Intro
00:34 Walkthrough
04:59 Interview
16:30 Outro
Do you think Japanese yen will be STRONGER or even WEAKER in the near future?
Apply for Akiya Income Generator: forms.gle/ZbanpivqL1kch8uV6
Predicting the yen's future strength is like trying to forecast the weather - there are a lot of moving parts. Right now, Japan's central bank, the Bank of Japan, is keeping things pretty relaxed with super low interest rates and buying up assets, which usually means the yen might stay on the weaker side compared to other currencies where interest rates are going up. Japan’s low inflation and slow economic growth don’t help much either, as investors look for better returns in other places. But the yen has a reputation as a safe bet during uncertain times, so if there’s global turmoil or geopolitical drama, it could actually get stronger. If the Bank of Japan starts hinting at raising interest rates or if Japan’s trade surplus keeps up, the yen might pick up some strength. For now, though, it seems like the yen might keep weakening unless something big changes in Japan’s economic policies or the global scene.
Please, less of the quick cutting between everything every two seconds. It's incredibly jarring. Really puts me off.
Could you make a video explaining the specific services you offer and the extent of those services? An $8,000 price tag is quite off-putting without more details. I see from your Akiya Income Generator form that you help people find off-market akiyas and assist with the purchase process, but is there more to it? Do you also help with renovating the house and finding tenants, etc.?
I am also from California with an interest in learning more about this. Couple of questions:
1. What kind of services do you provide and at what cost?
2. How long does it take to close a deal?
3. How long did it take from closing to Jim's current renovation progress?
4. Maybe a question for Jim: how does owning rental property in Japan complicate your US income taxes?
5. How do you find the appropriate contractors in Japan to do the renovation work?
6. How do you perform the initial assessment of the condition of the property and estimate the amount of work needed?
I'm pretty sure the cost of his services is around $8,000, which is too much in my opinion, but it also depends on the extent of his services.
i would also like to know what kind of services he provides
@@jonathanedwards-vg5wg where did you find this $8,000?
overall costs are not too much, it is not investment and will be akiya and zero value for next sale.
Shun is good salesman. Good to make yourself happy to own a house in Japan.
@@X52370what you mean by 0 value next sale?
This is like a dream come true in this video! I'm also in California and it's impossible finding a place anywhere near 40K ,this video has DEFINITELY given me hope to buy a house and japan! I will stay saving for the day I can buy one with my partner! Thank you for making these kinda videos 😊
You can do it!
Great video Shu. Really enjoyed all the information. Im always jotting down many points and I think I will be in touch soon.
Please do! 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
Watched the initial visit just last week! Awesome! Congrats to Jim! Great work Shu! Keep up the good work!
Thanks! Will do!
Great vid, enjoyed the whole thing
Glad to hear it!
Wow….I’m constantly amazed at your content. Seeing these prices just make me know that Jp rentals is a great business model. Thanks Shu….🎉
Couldn't agree more!
It is wonderful to see a successful purchase of an Akiya and renovation.
Love to hear that!
Thanks Shu! My wife and I @sunnyhideout are in the middle of taking your REI course at the moment. Please advise on how Jim was able to establish a GK. Did he find a local director or did he pay a 3rd party service? That seems to be the only challenge that we see since we don't have any friends or family in Japan to help form the GK. We're out of Cali as well. From the video it didn't seem like he had any associations with close family or friends in Japan. However we could be mistaken, pease let us know. Thanks in advance!
Hi Shu, I'm wondering how much taxes and insurance would be annually for a property like this in that area? Thanks
Hi, did you find out?
Thank you 🙏🏼
You’re welcome 😊
Great info! You should include property tax rates/ neighborhood fees in your videos.
In the 80s Japanese were coming to Hawaii and buying up lots of luxury real estate...times have changed.
Thanks for the suggestion!
Wow that price, & the beautiful transformation. Lucky lucky guy.
It's amazing!
Inspiring absolutely 👍👍
Glad you think so!
Fantastic video!! Many thanks!
Thank you!
Great video, nice interview, thanks..
Glad you liked it!
1. What is the housing demand in Japan? Is there actually an abundance of tenants? 2. What are the tenants rights in Japan?
Great video Shu and great content as always. I Hope to meet you one day in Japan. I would like to invest around Kanazawa (my mother in law live there and I love the place). A great city and a very good investment for Akiya houses I think. We keep in touch. Stephane.
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
Awesome house love the garden
I could imagine a lot more Californias like myself might move to Japan, been here for a little more than a year now. Being from California with a background in Japanese and tech, Japan just seemed to have more opportunity in potentially affording a house and having a job.
Congrats!
Love the price and plan.🎉🎉🎉
I personally will change a little bit of the plan, as it has to renovated anyway.
To save a basic unit like studio for myself and rent out or daily hotel
the rest.
(Make at least 2 units)
Btw, i saw somewhere for a person, 3 million yen income for the management visa. And small family with 2 kids need minimum 4.6 million yen annual income.
If i remember right.
But it's a super good start.
Nice video thanks
Thank you too!
I think I used to live near that area.
Amazing video Shu san. Feel proud that you are helping people not only invest, but you’re paving the way for opportunity for others.
Keep up the great work!!!
Best,
Jeff
I appreciate that!
Could you please talk about the entire process? I know you have a website and some documents for us to read but I think it would be very helpful if you could also make a video about this. Also, if we invest in properties in Japan (Americans particularly) , will it be hard for us to get a long term visa. I am very interested in starting an airbnb but I want to be able to take care of it myself so I would need to be able to stay in Japan long term. Investing in properties from thousands of miles away can be very difficult especially with Japan being exposed to so many natural disasters. Maybe a live video so we can ask questions and hopefully get an answer. I read part of your documents on your website and still have questions.
LOVE IT ❤
$40k a BRAND NEW car in California but you can buy preowned for less than that.
$40k not bad deal for the new place
There is a threshold for income for that visa but the good news is it is very very low - certainly by California standards.
awesome!
Glad you think so!
Maybe tool shed 40k
How hard is it to rent out in Japan
I want to do something similar!
hi shu how much are you charging helping these people
Did Jim establish a godo gaisha prior to obtaining this property or will do so in the future or soon with the intent to apply for a business manager visa in Japan?
do you hire a company to find renters after renovations are done?
How about the taxes if ypu buy Akiya house?
What rent price is he going to charge ? Is it competitive or is he going to be charging more than the normal amount ?
Dang this is making me want to do this 🤣
Do japanese style rooms never have closets in them? Where are coats, jackets, or button shirts hung? Or is everything stored in furniture?
People will buy a wardrobe or hanging rack.
Kind of curious about he people that buy Akiyas, do you plan to live there or just investment property? If you plan to live there, how do you get a visa if lets say you plan to retire in it? Does japan have investment visas?
Lol, should of watched the whole video :P got the answer, make a GK in Japan and make yourself manager and get the long term visa like that.
@shumatsuopost How can i get your service to find a good house and eventually going to gain passive income and move to Japan?
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
Can Filipino-Chinese,( we're a Filipino citizen).....can we buy, invest in Japanese properties. We're very very interested. But we are only given 5 year multiple entry visa and still not sure we can get a longer than 5 year multiple entry visa if we invest in Japan properties. Hope we can buy more and stay in Japan eventually
How many properties do you need to own to get a business manager visa?
It's not about property but more about you also needing to set up an official office and pay a full time employee as a requirement for the visa.
do you think i can find a roughly %10 yield house around tokyo with 44million yen budget or is it usually cheaper older houses in less populated areas mostly?
Ready to move
Congrats to both of you, btw. I'm really tempted to invest there but I have 3 concerns: more akiyas as more japanese age; I need a long term visa so I can live in the house if there's no renter and I'm in my 60s. I had profitable rentals before in california, sold out so I have some $pare...
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
I’d like to get one for me ,too. Let’s talk when I’m back in Japan early next year. Best wishes
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
Please, less of the quick cutting between everything every two seconds. It's incredibly jarring. Really puts me off.
Great video, Shu!!
Buy a house in Japan today for $100K...and in 30 years you can sell it for $105K...or less.
Jpanese houses depreciate in 30 years its worth zero,,😢 only the land is worth something then
In Japan, land is what really counts..
In 2060 the population of Japan is expected to decrease from 123million to 80million .so there will be 35 million less people in japan by that year that's scary! I don't see how the economy will thrive under that scenario.
@@kuronekogaijinnot even land if you see that type of depreciation that land is also depreciating since the land is also part of the property.
Nice video! Can a foreigner take a mortgage loan on such property?