This Californian Bought a Japanese Akiya Near Tokyo

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  • Опубликовано: 28 сен 2024

Комментарии • 94

  • @shumatsuopost
    @shumatsuopost  3 месяца назад +2

    Do you think Japanese yen will be STRONGER or even WEAKER in the near future?
    Apply for Akiya Income Generator: forms.gle/ZbanpivqL1kch8uV6

    • @LuisArtola
      @LuisArtola 3 месяца назад

      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.

    • @DVDfeverGames
      @DVDfeverGames 3 месяца назад

      Please, less of the quick cutting between everything every two seconds. It's incredibly jarring. Really puts me off.

  • @jonathanedwards-vg5wg
    @jonathanedwards-vg5wg 3 месяца назад +24

    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.?

    • @martafiord
      @martafiord 4 дня назад

      From another video of his I remember that you can hire his company for the renovations and for finding tenants.

  • @tkchen80
    @tkchen80 3 месяца назад +12

    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?

    • @jonathanedwards-vg5wg
      @jonathanedwards-vg5wg 3 месяца назад +8

      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.

    • @QuantumQuill-zk9sm
      @QuantumQuill-zk9sm 3 месяца назад +2

      i would also like to know what kind of services he provides

    • @QuantumQuill-zk9sm
      @QuantumQuill-zk9sm 3 месяца назад

      @@jonathanedwards-vg5wg where did you find this $8,000?

    • @X52370
      @X52370 3 месяца назад +1

      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.

    • @ccc332
      @ccc332 2 месяца назад +1

      ​@@X52370what you mean by 0 value next sale?

  • @Nicedesk
    @Nicedesk 2 месяца назад +1

    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.

  • @BrantRaven
    @BrantRaven 3 месяца назад +2

    Great video Shu. Really enjoyed all the information. Im always jotting down many points and I think I will be in touch soon.

    • @shumatsuopost
      @shumatsuopost  3 месяца назад

      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

  • @MosKou2KH1
    @MosKou2KH1 3 месяца назад

    Watched the initial visit just last week! Awesome! Congrats to Jim! Great work Shu! Keep up the good work!

  • @Renegadeproject
    @Renegadeproject 3 месяца назад

    It is wonderful to see a successful purchase of an Akiya and renovation.

  • @sidestand
    @sidestand 3 месяца назад +2

    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!

  • @danicem5849
    @danicem5849 27 дней назад

    Amazing thank you!

  • @mtwhatley3253
    @mtwhatley3253 3 месяца назад

    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….🎉

  • @digital-nomad
    @digital-nomad 3 месяца назад +1

    Great vid, enjoyed the whole thing

  • @picklerick7522
    @picklerick7522 3 месяца назад +6

    Hi Shu, I'm wondering how much taxes and insurance would be annually for a property like this in that area? Thanks

  • @fatimaezhar
    @fatimaezhar 3 месяца назад

    Wow that price, & the beautiful transformation. Lucky lucky guy.

  • @bluasterisk
    @bluasterisk 3 месяца назад

    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.

  • @stephanemicard
    @stephanemicard 3 месяца назад +1

    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.

    • @shumatsuopost
      @shumatsuopost  3 месяца назад

      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

  • @Daniel-xb3ot
    @Daniel-xb3ot 17 дней назад

    Sounds great but overly simplified. A couple things I would like to know is how do you get a visa to stay in Japan, and how did you get the contracts to get houses renovated?
    I speak Japanese so that’s not a problem, but when I lived in Japan they wouldn’t give foreigners visas, it was a huge problem. I would love to go back to Japan and get at least one home to rent and one as a vacation home.

  • @mukeshvig174
    @mukeshvig174 3 месяца назад +1

    Inspiring absolutely 👍👍

  • @kuronekogaijin
    @kuronekogaijin 3 месяца назад

    Great video, nice interview, thanks..

  • @ThinkingX
    @ThinkingX 3 месяца назад

    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

  • @helenekrotz4692
    @helenekrotz4692 3 месяца назад

    Awesome house love the garden

  • @jessicaliz6548
    @jessicaliz6548 2 месяца назад

    Congrats!

  • @2marr0present16
    @2marr0present16 2 месяца назад

    Thank you 🙏🏼

  • @THELOST8707TRAVELER
    @THELOST8707TRAVELER 2 месяца назад

    I think I used to live near that area.

  • @MaiOdyssey
    @MaiOdyssey 3 месяца назад

    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.

  • @inknpaintCW
    @inknpaintCW 3 месяца назад

    There is a threshold for income for that visa but the good news is it is very very low - certainly by California standards.

  • @pmo8135
    @pmo8135 3 месяца назад

    Nice video thanks

  • @antwanthorogood4921
    @antwanthorogood4921 3 месяца назад

    $40k a BRAND NEW car in California but you can buy preowned for less than that.
    $40k not bad deal for the new place

  • @carlosallen5905
    @carlosallen5905 3 месяца назад

    LOVE IT ❤

  • @mixedbyfiatcat
    @mixedbyfiatcat 2 месяца назад

    awesome!

  • @lycanlube7484
    @lycanlube7484 3 месяца назад

    What rent price is he going to charge ? Is it competitive or is he going to be charging more than the normal amount ?

  • @RijadDizdarevic
    @RijadDizdarevic 3 месяца назад

    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?

    • @RijadDizdarevic
      @RijadDizdarevic 3 месяца назад

      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.

  • @Ian-wn7eb
    @Ian-wn7eb 3 месяца назад

    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

  • @beefortytree
    @beefortytree 3 месяца назад +2

    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?

  • @jonbauml225
    @jonbauml225 3 месяца назад

    How many properties do you need to own to get a business manager visa?

    • @Mwoods2272
      @Mwoods2272 3 месяца назад

      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.

  • @pteoco
    @pteoco 3 месяца назад +1

    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...

    • @shumatsuopost
      @shumatsuopost  3 месяца назад +1

      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

  • @baztheman
    @baztheman 2 месяца назад

    @shumatsuopost How can i get your service to find a good house and eventually going to gain passive income and move to Japan?

    • @shumatsuopost
      @shumatsuopost  2 месяца назад

      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

  • @jcmontecarlo6123
    @jcmontecarlo6123 3 месяца назад

    I’d like to get one for me ,too. Let’s talk when I’m back in Japan early next year. Best wishes

    • @shumatsuopost
      @shumatsuopost  3 месяца назад

      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

  • @infinitelight465
    @infinitelight465 2 месяца назад

    Nice video! Can a foreigner take a mortgage loan on such property?

  • @christieotaku
    @christieotaku Месяц назад +1

    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 😊

  • @evenbiggeral5089
    @evenbiggeral5089 3 месяца назад +1

    1. What is the housing demand in Japan? Is there actually an abundance of tenants? 2. What are the tenants rights in Japan?

  • @yoji8130
    @yoji8130 3 месяца назад

    hi shu how much are you charging helping these people

  • @marilousalabit6556
    @marilousalabit6556 2 месяца назад

    How about the taxes if ypu buy Akiya house?

  • @mariamatsumoto7133
    @mariamatsumoto7133 Месяц назад

    Maybe tool shed 40k

  • @Baumender
    @Baumender 2 месяца назад

    How hard is it to rent out in Japan

  • @inggermanydeutschland3808
    @inggermanydeutschland3808 2 месяца назад

    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.

  • @DVDfeverGames
    @DVDfeverGames 3 месяца назад +4

    Please, less of the quick cutting between everything every two seconds. It's incredibly jarring. Really puts me off.

    • @TXLC7109
      @TXLC7109 3 месяца назад +1

      Great video, Shu!!

  • @number3223
    @number3223 3 месяца назад

    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?

  • @changclan1
    @changclan1 3 месяца назад

    do you hire a company to find renters after renovations are done?

  • @vakuzar
    @vakuzar 3 месяца назад

    Dang this is making me want to do this 🤣

  • @jrcat2258
    @jrcat2258 3 месяца назад

    I want to do something similar!

  • @CallMeSssnake
    @CallMeSssnake 3 месяца назад

    Ready to move

  • @epicenter5126
    @epicenter5126 3 месяца назад

    Do japanese style rooms never have closets in them? Where are coats, jackets, or button shirts hung? Or is everything stored in furniture?

    • @Mwoods2272
      @Mwoods2272 3 месяца назад

      People will buy a wardrobe or hanging rack.

  • @anne-mareehenry8360
    @anne-mareehenry8360 3 месяца назад

    Fantastic video!! Many thanks!

  • @samhodson6470
    @samhodson6470 3 месяца назад +4

    Buy a house in Japan today for $100K...and in 30 years you can sell it for $105K...or less.

    • @WANDERER0070
      @WANDERER0070 3 месяца назад +1

      Jpanese houses depreciate in 30 years its worth zero,,😢 only the land is worth something then

    • @kuronekogaijin
      @kuronekogaijin 3 месяца назад +1

      In Japan, land is what really counts..

    • @ricardorodriguesrr18
      @ricardorodriguesrr18 Месяц назад

      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.

    • @ricardorodriguesrr18
      @ricardorodriguesrr18 Месяц назад

      ​@@kuronekogaijinnot even land if you see that type of depreciation that land is also depreciating since the land is also part of the property.