Asking a Millionaire Why He's Going to Buy Japanese Properties

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Күн бұрын

Пікірлер: 66

@shumatsuopost Жыл бұрын

FREE GUIDE: How to Buy an Akiya in Japan as a Foreigner: stan.store/shumatsuopost ONE MORE SPOT LEFT: Apply for My Exclusive 1 on 1 Coaching - forms.gle/YqZne9DinBLApTPq7

@fabiola925 Жыл бұрын

I’ve enjoyed all three of your long form interview videos, keep ‘em coming 😊

@Leonard2542 Жыл бұрын

Great video! Love the format! I have never heard anybody being that optimistic about Japan, but more people are probably going to join him in that soon. Exciting times are ahead!

@shumatsuopost Жыл бұрын

Fingers crossed!

@Sandr0Correia Жыл бұрын

I lived in Flushing, each unit of his properties in Flushing are probably being rented for at least $3,000, EASY (it is probably on the $3,500 ballpark) . So he has AT LEAST a cash flow of $18,000 per month, even with an unoccupancy rate of 40%, it's a roughly $11,000 a month. Only this is a HUGE leverage. If he sells, each triplex is worth $6M if he wants to sell it quick...all this he inherited.

@ivanchuabh 2 ай бұрын

I've never really taken the time to view hour long videos, but your interviews are something else. There's one thing I've learnt from all the videos is that you really need to learn Japanese. That does give you a one up over any foreigner relying on just agents or middlemen. Very inspiring videos, thank you, Shu.

@mjmikaelson Жыл бұрын

Thank you for the email of this! I never seen a link like that! Pretty cool ✨😉👍

@kleerogers 7 күн бұрын

A Japanese partner is exactly what I am looking for to buy and manage real estate in Japan!!! I have the money to invest, lots of experience in Canada buying/renting/renovating/flipping real estate, and I love Japan.

@WCHTR_OFFICIAL Жыл бұрын

Amazing content! Full of good advice and insights. Please continue!!

@shumatsuopost Жыл бұрын

Thank you! Will do!

@mjmikaelson Жыл бұрын

Great episode Shu! Thank you for sharing Isaac! ✨😉👍

@shumatsuopost Жыл бұрын

Glad you enjoyed it!

@AA-ni5sl Жыл бұрын

Akila is going to increase in number. I dont see how the Japanese properties price increase when the supply is high and demand is low!!!

@Neil.Denize Жыл бұрын

Great video, I've only recently come across your channel, but I'm a big fan. We have a business in Myoko - Japan and I find your videos very interesting and relatable.

@shumatsuopost Жыл бұрын

Sounds great! Thanks for watching!

Жыл бұрын

Priceless this interview

@shumatsuopost Жыл бұрын

Glad you enjoyed it!

@stevenobinator2229 Жыл бұрын

Your channel is so helpful, Thank you Isaac!

@shumatsuopost Жыл бұрын

Happy to hear that! I've learned a lot as well!

@stevenobinator2229 Жыл бұрын

@@shumatsuopost He spoke so openly and elaborated on his failures. True sign of a good person

@autumnite Жыл бұрын

I did my research last time, it appears that mortgage rates for own stay is below 1%, but loans for investments is 2-4%. We are staying in Fukuoka. Have viewed 1 property to buy for own stay, it has been listed for 9 months and recently they have reduced the price. So am not sure how easy to resell properties here. the property is relatively new (about 6 years old) and u see other properties around the area (which are about 20 years old), most are selling at half the price of the property we viewed. So you will also be worried if prices will fall in 20 years. Another thing to consider is that as a Japanese citizen, ur properties will be subject to inheritance tax if u pass on, which can go up to 55%.. So imagine if u have 5 million bucks worth of property, ur kids will have to fork out 55% of that... =( I think one way to get around it is if u have a company managing the properties? not sure about that as havent researched that far

@maxintos1 Жыл бұрын

You don't buy a house in Japan as an investment to resell at a profit. He has mentioned this countless times in other videos. Expect house price depreciation. You make money from renting the place out and hopefully in the end make way more from rent than the lost money from depreciation.

@autumnite Жыл бұрын

@@maxintos1 i understand that we don't buy a house in japan with the aim of reselling at a profit. Had done my research on it. But to buy one and a decade later have the house value drop 50% is also pretty scary. Takes about 8-9 years of rent to earn that 50%. On top of that if u get rent from property u will need to pay the income tax on that. And japanese income tax can go quite high. Also japanese apartments, the gov has a rule that if 80% of the tenants agree to sell, the building owner has the right to force u to sell. Not v sure if they will force the price down. So it begs the question if property here is a good investment for rental income compared to other places or even index funds, since Shu has mentioned in his previous videos that the s&p has an avg return of 7-9%, its compounded and more liquid. Since ur capial will be tied up for the long term anyway

@estherch8394 Ай бұрын

Amazing RE journey both of you. I am just started investing in RE about 2years ago, still alot to learn. Hoping to connect with you somehow. Thank you

@shumatsuopost 29 күн бұрын

You can do it!

@181Xplor Жыл бұрын

Keep the great content coming I’m sure to watch !!

@shumatsuopost Жыл бұрын

Will do! Thanks for watching!

@stopato5772 Жыл бұрын

So his collateral to buy in Kentucky, were the properties his parents had bought in New York? Plus his seed money from the sale of the Dubai business as his deposits. What sort of loan to deposit ration was he working on?

@arzelaascoli6765 Жыл бұрын

Thank you for this video!

@shumatsuopost Жыл бұрын

You bet!

@arzelaascoli6765 Жыл бұрын

@@shumatsuopost Is there a way to sign up so I can log in on your website? Do you have any consulting services that you offer?

@inquisitvem6723 2 ай бұрын

I think foreign investors will appreciate property values that local Japanese couldn’t do much to their chagrin. Foreign investors will buy new homes and renovate akiyas to sell or rent to foreigners. This is why I see property in Japan appreciating gradually. I don’t think long term visas are a concern since they will likely rent or sell it…flipping doesn’t require long term visas.

@violetzzzz Жыл бұрын

Thank you for sharing great content! 😊

@shumatsuopost Жыл бұрын

Thanks for watching!

@SarifahHeckman 7 ай бұрын

Thank you so much 🙏🏼for this content, WOW…. All the best for your second child .

@shumatsuopost 7 ай бұрын

Thanks for watching!

@jiaweike3518 6 ай бұрын

Owning real estate can be a great dream or a nightmare. If you have lousy tenants then they can be troublesome. The tenants can be good with money and they pay themselves first and can delay paying you rent which could give you trouble if you have a lot of mortgage.

@perrywinkle5000 Жыл бұрын

I'm in Fukuoka City, I've been saying for a while that this is a potential hotspot.

@shumatsuopost Жыл бұрын

Fukuoka is really amazing!

@inquisitvem6723 2 ай бұрын

What about Yokohama?

@chappiescollectables Ай бұрын

I can see it. Kyushu in general is amazing. Only problem though is that the summers are hotter and more typhoons there

@jon780 Жыл бұрын

His own chart shows huge growth for the dollar and the chart stops over two years ago! Very misleading. And in 2018 one US dollar bought 6.81 Chinese Yuan. Today it buys over seven!

@sonicase Жыл бұрын

yeah that chart was misleading although i do believe the principle idea was still ok, the dollar will continue to drop eventually. But since the dollar is strong right now it allows you to get better deals in foriegn markets....maybe his chart was for Chinese investors 😅

@isaacchiang8082 Жыл бұрын

Guys, this is Isaac. Glad you caught that, yes the data was from when I was teaching a class a couple of years ago. However the general idea stays that US government will continue to print and now even more nations are circumventing the dollar, thus it is ever more important to know how to combat inflation by investing. Thanks again.

@polinaasmr340 4 күн бұрын

good advice

@shumatsuopost 4 күн бұрын

Glad you think so!

@aviationaviation1032 9 ай бұрын

Shu and Isaac, great video, great journey. Your statement and utopia idea as follows, you have gained capital growth in an existing asset then utilise the market generated equity for your next property. Now i would like to question this concept. Do you actually draw down the capital increase in the asset which means taking out a loan and verifying serviceability for now a much greater debt and then applying this new found income to your next purchase and nodoubt more debt so now your second property is leveraged 100% less the equity from your first property which now has a higher debt? Or do you use the equity in your first priperty as security and borrow 100% on your second property and cross calateralise the debt and revenue over the two properties. Applying this principal where you're constantly leveraged at almost 90% constantly and uf there is a correction in the supply chain or over supply of rental proerty where your rents fall. Hiw do you mitigate this position? What are your short , medium and long term strategies in the proerty market. ? Your investments are what is called a shotgun approach and ingloboland developments. Where you rely on single industry for your supply of tenants as with the fossil fuel sector. Hiw are you mitigating this approach.? My only thinking is these investments are low value investments with little capital input and decent rent cap rate. Remembering the greater the cap rate the lower the capital value. Would you agree with this. Also your currency chart is extremely misleading, the USdollar is a market driven currency where as the chinese rmb is manipulated. And further your comments about BRIC's they cant even agree on a singular currency.

@obstinatejack 8 ай бұрын

cant he just put on a headphone so to cut out the feedback?

@km2039 Жыл бұрын

Agreed that Fukuoka is one the hottest cities in Japan.

@shumatsuopost Жыл бұрын

It is!

@ifashi4 Жыл бұрын

What is the thing from Kyushu that sell for 25 in Manhattan ? I just came from Kyushu & am curious. Vi was also imagining the retro tv show Monkey Magic cld be set there and also Shikoku !? Great discussion 🌞

@henrylopez4650 Жыл бұрын

I have a question. Was that apartment building $2.5M with revenue at 5+% but you can borrow 80% at 1.5% amortized over 27 years. Is my math way wrong; it seems his monthly revenue wont cover his monthly loan debt?

@adrianm4506 Жыл бұрын

Right now you can do short term bills and treasuries for 5%. That’s very low return