How to Buy Your FIRST House in Japan as a Foreigner (Step By Step)

FREE Live Session on How to Buy Your First House in Japan in 90 Days -www.postfi.co/registration-page
LIMITED SPOTS ONLY: Apply for Japan REI Program to Buy Your First Property in 3 Months: forugxcb8r8.typeform.com/to/y...
FREE GUIDE: How to Buy an Akiya as a Foreigner: stan.store/shumatsuopost
Here is what everyone wants to know.
“How do you buy your first property in Japan as a foreigner?”
What do you look for, how do you know if it’s a good investment and how do you negotiate a deal?
This video is for foreign nationals, both resident and non-resident alike, to find their dream second home or first rental property - at an incredible price. And I hope to save you time and money in the process.
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📱TikTok - / shumatsuopost
🍃Website - postfi.co
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#japan #realestateinvesting #financialfreedom #passiveincome #akiya #abandonedhouses #homebuyingtips #cheaphouses #housingmarket #japanhousingmarket #buyingahome #housingcrash #housingcrisis
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
01:02 Why Japan?
03:58 Buying Property in Japan as a Foreigner
06:03 Deciding How to Buy
06:49 Searching for a Deal
09:10 Analyzing a Deal
11:19 Making an Offer
12:50 Negotiating with the Seller
13:58 Closing on Your House
15:01 Closing

[@shumatsuopost]

What's your biggest challenge with buying a property in Japan? 🏠 Black Friday Deal - SAVE 33% on Japan REI Boot Camp by November 27, 2023: www.postfi.co/offers/6PZqhrjW/checkout FREE Live Session on How to Buy Your First House in Japan in 90 Days -www.postfi.co/registration-page

[@mre4040]

Dare I ask, if a person pays good money for the insight offered in your course elsewhere, how then can one reconcile the key components being thrown out there gratis? Does one not cut off one's nose to spite ones own face? Does one not kneecap his own efforts while disenfranchising the very viewership and paying customer he seeks to engender? I question most politely, the wisdom of this. Perhaps reconsider your present course? Shooting of both feet seems unwise.

[@ArbyCreeper]

The biggest challenge is having the thought of if you really wanna actually live in that house for the rest of your life, as they’re not worth anything. I work in a relatively large company and so it will be easy to get financing and the interest rate are cheap. However, unlike the United States, it will be a challenge to sell a house and the price will never go up. Also houses here are small and if you want a house with a yard and a garage to put your car and tools, it’s going to be difficult as well

[@iqbal1374]

Nice video with good quality explanation 💯

[@shumatsuopost]

Thanks for watching!

[@saadelmoutawakel3430]

I really enjoyed watching your input as I’m interested going back to live in Japan after my military career . Thank you for sharing

[@jeremytome]

Thanks Shu, great info.

[@shumatsuopost]

Appreciate it!

[@ShinoYoku]

Hey, Shu love your content! count me in! thank you brother! this is really cool and great business would like to learn more about this looking forward for the live session!

[@shumatsuopost]

Love to hear that!

[@ronisworld2916]

I love that joh, genkan and that niwa

[@KairouzVisual]

Super informative video! I’d like to know how the difference is with an apartment? If you want to start small. How do you calculate rent, what are the problems you can face since the room is yours but not the building? Can you renovate the room however you want? What about the aftermath of you purchasing something? How do you rent out your property. How do you pay tax. How do you makes sure your tenants can pay there rent/ contract etc. Thank you again for such amazing videos!

[@shumatsuopost]

Thanks for your kind words! I personally don't recommend investing in apartment units because you don't have much control unless you own the whole building. Tenants - you want to have a good screening system.

[@KateMorganStyle]

I’m reading your guide it’s pretty good -

[@shumatsuopost]

Glad it's helpful!

[@vktravellog1242]

I have family in Japan and he is right. Older the building gets the less it’s worth. My aunt demolished her home and build a smaller one

[@kelumakuratiya859]

Very appreciate, thank U very much Brother!

[@shumatsuopost]

Thank you for watching!

[@bdsthelabel]

I will buy real estate in Japan! Love you Shu💛

[@shumatsuopost]

Good for you! Thanks for watching :)

[@sonomama82]

What about buying a new house? Do you have any videos about that?

[@johnpiroz7075]

Most good deals in Japan will be buy by real estate office before getting online, unless you negotiate with the seller directly it’s hard to fine sweat deal in Japan like western countries

[@thehive7571]

What you talking about just got a place for 5k in Tokyo!

[@nikshan13]

very well made video! would love to connect with you...kudos for the good work

[@shumatsuopost]

Love to hear that!

[@Ru4444]

How much post FI charge for this service? Im seriously considering, thank u

[@jericho82]

When you say, Sharelease hold, does it mean LONG TERM LEASE? if so, how many years is the minimum lease? 25 years?

[@katonk9401]

Do you have to close in person if living abroad?

[@cocolenchojapan]

Great content as usual. I renovated an Akiya and documented on my KZbin channel. I have many people ask for purchasing advice, but I don’t consider myself an expert. I will refer them to you. Thanks

[@shumatsuopost]

Thank you for your kind words! That would be wonderful - appreciate it!

[@cocolenchojapan]

For sure!

[@PwningGerZ]

@@cocolenchojapan ​​⁠​⁠​⁠lol. This is the last guy that you should refer to anybody. Remember this guy boast that he owns multiple family housing units in countries that are suffering from high rent and house prices because in those countries, they don’t have the same philosophy like Japan when building houses. He’s hardly an expert, just a regular guy who’s taking advantage of people, he just speaks English and Japanese. Once he find you an “investment” house it’s your problem all the way, which he doesn’t cover everything in any videos that he made. In Japan there’s a saying, “Prepare to lose it all”. Remember if anything happens to a house, flooding, landslide, volcanic eruptions, tsunami and earthquake, when your insurance doesn’t pay the value of what you spent, you’re SOL. That $250,000 you spent isn’t much when you build a new house in Japan. Land that doesn’t have a house in it will pay “six times” the property taxes. The houses that he’s advertising is being sold for a reason. It’s not viable long term to be it being in your name, either because it’s a dying town due to low birth. There’s a reason that municipalities all over in Japan are having a hard time finding the owners of these houses. The sellers are selling them because it’s a money sink for them since there’s no industry to support them. It’s happening within Tokyo metropolis itself. Houses in Japan is more of a liability since Japan is not building what it really need, which is a “business industry”. The industry who will raise land prices in the places that having abandoned housing crisis. What are you really buying in Japan is the price of the land and the “hope” that someday Japan will get their💩 together so the land prices go up. It’s up for you to decide if you want to “invest” your money. There’s a very high probability you will end up like the one who’s selling the house because it became a burden or the one whose municipalities having a hard time to look for you because they can’t find you because you “abandoned” it. Oh, may I remind everybody that the “Big One” is coming.

[@MohitSingh-kk4fr]

what kind of visa will I get if I own a house in Japan as a non-resident what I mean to ask here is can I live here indefinitely? do answer thank you

[@mukeshvig174]

How about opening a bank account in Japan for foreigners ? I hear that’s a complex issue and won’t work unless a Japanese gives you his or her reference. Thanks

[@jennytai88]

What is the average rental yield? Only 1%?

[@pointandshootvideo]

Is it easy for a foreigner to find a contractor to renovate a home in Japan? Have you developed a network of contractor who will work for foreigners? My conerns are being overcharged or unreasonable delays. Thanks!

[@shumatsuopost]

I wouldn't say it's "easy" but it's very doable. I would say it's not the "how" it's always the "who."

[@notapplicable5403]

Why don't properties here in Japan appreciate over time? We always hear that they don't but never an explanation, except from that one French guy that you interviewed awhile ago who said houses here don't appreciate simply cause owners in Japan don't do regular upkeeping and renovations, unlike owners abroad. Any thoughts?

[@firstclassfool3946]

Not only do people ignore maintenance, but older homes are seen as obsolete in regards to natural disaster safety.

[@yessir8089]

Earthquake norms change over the years and older home don't respect them, hence they feel unsafe.

[@matkoniteat]

If I rent an apartment, how can I receive the rent money if I don't have a bank account in Japan? Is it possible to open a bank account as a foreigner?

[@shumatsuopost]

Yes, it is. If you're not a resident, you would need to form an entity. You could also have a rental property without a Japanese bank account. You'd just need to hire a property manager that can send you money overseas.

[@martinlira1072]

So, if I intend to buy a house for me to move in but renting it out as an airbnb... Can I still buy it under my name or as an entity?

[@Ninsidhe]

So you’re planning on doing the same thing that is destroying housing in western countries because it’s too expensive to buy a house now in western countries? How unsurprising- cashing in on a country that you have ZERO intention to give back to. Utterly gross. I hope Japan closes its doors to this kind of culture destroying scam.

[@johnpiroz7075]

Hi, can you please tell me where in Japan you can buy a house for 10 million yen and rent it for 100 thousand yen. Thanks 🙏

[@shumatsuopost]

Many places. Likely within 45-60 minutes outside of a major city.

[@tonycamacho4455]

Shu san how do I contact for assistance, I live in Kamakura and the over tourism is driving out. I’m thinking we can find a very nice upscale abandoned home.

[@shumatsuopost]

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

[@notapplicable5403]

Are seller's agent's commissions usually paid by the buyer?

[@notapplicable5403]

And are they the typical 4-6%ish of the sale price?

[@hermanklunder789]

Its usually 3% each,buyer /seller @@notapplicable5403

[@rickymead5282]

Is it possible for someone with 20000 USD to buy an akiya, renovate it or fix up anything that needs to be fixed and to rent it out in a good area near a railway?

[@shumatsuopost]

$20K to buy and renovate? Might be possible but very unlikely to meet your criteria.

[@rickymead5282]

@shumatsuopost Thanks for your honesty. Its rare these days. I dream of owning a akiya and have renovated many homes here in Australia. In your opinion what do you think the average is roughly for something in a good area close to public transport?

[@itsmarklamesa]

Can I live in Japan with just tourist visa or even expired? If I bought real estate in japan? Sorry i have no time watching the video.

[@thehive7571]

What website are you on I’m looking to buy but need help

[@shumatsuopost]

You can try Suumo and AtHome JP.

[@thehive7571]

@@shumatsuopost I will check them out thank you!

[@danielr3085]

Is there a way for foreigners over 60 can retire to Japan?

[@shumatsuopost]

Yes - passive income from rental properties :)

[@MrspidySpidy]

Bro can 😅 a Pakistan forner live in japan easily and buy a house

[@riedandan6519]

私の妻は日本人で、私はハパです。妻は京都の不動産投資家数名と家の改築を手伝ってくれている建設会社のオーナー数名を知っています。 ダニエル

[@bourgogneguillaume]

dead link.

[@Ninsidhe]

“Overseas investors”- cue the house price madness and land hoarding in Japan via western capitalistic mindset towards environment in 3, 2, 1….

[@TheBillaro]

1. learn japanese. 2. got it? ok you are ten years older. now, apply for a resident permit. 3. 1-3 years down the road. great. you are a resident who can speak the language and owns a house! 4. the locals start busting your balls. get ready for some community service. 5. get married. 6. get divorced 7. go home. ❤ enjoy 😅

[@microchipmatt]

Did you have this experience?

[@eiceproductions]

nice video who does ur video editing? @shumatsuopost