Japanese Yen is 34-year low against the USD - is this the BEST or WORST time to buy a property in Japan? Apply for Akiya Income Generator: forms.gle/ZbanpivqL1kch8uV6
@cstevenson52565 ай бұрын
Depends on future saleability in terms if investment? Population declining, largely overbuilt, real key is ability to integrate foreigners to create demand for hidden inventory still existent from 3 to 4 decades ago. Terminal demography requires immigrants.
@mrbHanoi5 ай бұрын
It use to be 360 yen to $1 now soon 160
@lb70344 ай бұрын
Lived in Japan from 88 to 1992 and prices were high. Sad to see that Japan stagnated economically for 30+ years and has been humbled down by economic issues that I can’t fully understand. When I left, they owned tons of properties in Hawaï
@mrbHanoi4 ай бұрын
@@lb7034 Still in the top 5 in the world for 50 years Number 1 for ciuntries with less than 150 million people Not fair to compare to USA China or India Only Germany is close to Japan UK and France smaller Economiclly Japan is still greater than 190 countries.
@mrbHanoi2 ай бұрын
@@shumatsuopost not best yuan will fall then all Asian currencies will fall more China will print money soon to pay army police deal with banking real estate sector I think 2 to 3 years will be better but bargains now if you hunt Interest rates too high now
@RussianPinoy5 ай бұрын
I love this style. Showing the purchased property, having normal conversation and disclosing transparency and the cost of everything. No click bait, no mystery no clouds 👍
@shumatsuopost5 ай бұрын
Glad you enjoyed it!
@martafiordАй бұрын
Even the outside the video you can understand that the neighborhood is peaceful
@TeaTimeSweetness4 ай бұрын
Wow I want to see a tour of the house after renovation. It is a beautiful house only the tatami room needs some brush up
@linnettesiemienczuk54663 ай бұрын
Congratulations!!!! Would love to see the house after the renovations.
@seantaylor41075 ай бұрын
Man, guess I will plan a trip to Japan in the next 6 months. Congrats to Alex.
@shumatsuopost5 ай бұрын
Go for it!
@Duke-mn2xm5 ай бұрын
I have read that taxes are 20.42% monthly and this drops massively the yield which is not even close to 1% or 12% yearly. Any thoughts on that?
@johnathansmith40742 ай бұрын
Why does nobody consider owner change homes or even shops and stores? They are comparable in price and often go over the 1% rule.
@Will-ky9hr5 ай бұрын
Nice home, well done!😊
@shumatsuopost5 ай бұрын
Glad you liked it!
@inggermanydeutschland38083 ай бұрын
Love this kind of project 🎉🎉🎉.
@TenYen47965 ай бұрын
Thanks for another awesome video😊
@shumatsuopost5 ай бұрын
Thanks for watching!
@mrbHanoi5 ай бұрын
I think the yen will go to 200
@johnnystewart835 ай бұрын
No. It won't.
@Koeptis5 ай бұрын
Would be great with crypto going up 😮
@mrbHanoi4 ай бұрын
@@johnnystewart83 How else do they pay 10 trillion in debt?
@jsslgn2 ай бұрын
@@mrbHanoi you're more worried than the govt of japan😂
@mrbHanoi2 ай бұрын
@@jsslgn I have 1 million in assets in Japan
@snoogly2 ай бұрын
Did that all-in cost include your own $8000 fee? I ask because I am curious - as a potential customer.
@cristobal.ashton4 ай бұрын
12% yield is great
@Chris-ip9qg5 ай бұрын
cool info
@TvaloneCC2 ай бұрын
What about Isehara City in Kanagawa?
@MonicaHubbard-r4hАй бұрын
How is he a regular resident?
@IsaacGbornor-vxhd4 ай бұрын
Great investment
@hhspore5 ай бұрын
Nice price and nice house. This is great for own stay. However, I personally think the 1% rental yield is really not worth the trouble of buying a property for rental especially one that will not see any capital appreciation in the forseeable future. One can easily get a much higher yield by investing in low risk instruments like treasury bills/ fixed deposits in other foreign currencies.
@shumatsuopost5 ай бұрын
Yeah, you're right. And if that's what you think, I don't think investing in Japanese real estate is for you. 😁
@metaparcel5 ай бұрын
Personally I think buying and fixing up your own house is great in Japan. I wouldn't want to deal with tenants or home structural issues long term considering that sometimes these homes have ongoing issues that the initial cosmetic renovations don't address. I think if you have a source of income in USD that you can then convert into Yen and then into real estate you start off on the right food and Japanese rental homes become a nice little income source though, again, getting paid in Yen is not really good. These sort of projects are for people who already make foreign currency and have extra money to throw at Akiya homes. In fact I wouldn't doubt that in the future these KZbinr Akiya builders make more money selling courses about how to invest in fixing up Akiya's than in what they make in rental income from dozens of Akiya homes. Not to mention their courses would be sold in strong foreign currencies like USD. There are much better ways to invest your capital than in Japanese real estate BUT if you want a home for yourself or you don't mind the horrendous return on capital (paid in yen) then sure go for it. I'd rather buy one for my own personal residence and then rent it out via Air BNB when not in the country.
@rc3398x5 ай бұрын
@@metaparcel Precisely this. Shumatsuopost makes the bulk of his money from the courses and consulting services ($8K+ USD just to start!). If you are doing this to live in/ vacation home with your foreign currency - then sure, it is a great proposition. As a longterm rental investment, it is horrible with the decreasing yen, increasing supply, home depreciation, and decreasing JPN population. If you check the math, it is ~10 years avg to breakeven on your capital investment. US Treasury bonds are 5% atm.
@rc3398x5 ай бұрын
@@metaparcel Precisely this. Shumatsuopost makes the bulk of his money from the courses and consulting services ($8K+ USD just to start!). If you are doing this to live in/ vacation home with your foreign currency - then sure, it is a great proposition. As a longterm rental investment, it is horrible with the decreasing yen, increasing supply, home depreciation, and decreasing JPN population. If you check the math, it is ~10 years avg to breakeven on your capital investment. US Treasury bonds are 5% atm.
@boneandjointindonesia5 ай бұрын
Until the bottom of the market falls out and you urgently need that money. It happened. 🤷🏻♂️ many times. For me, no more “investments” where I rely on the “mercy” of the markets and market manipulation. It’s like a gamble.
@mastergoma1265 ай бұрын
Do you recommend buying a house in the big city area like around Tokyo?
@sherlockhomes99195 ай бұрын
$60k all in for a house in yokohama is a great deal. But ROI is really so slow. Rental will be 100000yen a month even in yokohama. Yen is worthless.
@Nicolas-7775 ай бұрын
That’s pretty much a 10% annual yield! Very good in my book
@WhatsupSan5 ай бұрын
i want to buy an akiya in Osaka for the street food parties
@jasonmgomez5 ай бұрын
I want one in Sapporo for the skiing and the Ramen.
@Dazzman1705 ай бұрын
Great house and location, Congratz Alex.
@shumatsuopost5 ай бұрын
I agree!
@vanessamarclay8653Ай бұрын
Good morning,,I would really like to find small house like that
@marilynstein32385 ай бұрын
How much the cost of Alex house
@bradrickerby9185 ай бұрын
Love the house. I have a close Japanese friend living in Yokohama while I live in Perth Australia. I am considering buying a place in Yokohama. I have done your course to get a better understanding of Japanese real estate. My biggest frustration at the moment is transferring money to her account in Japan. Wise is great but Swift transfers can not be done.
@gregh74575 ай бұрын
you had better study up on japanese taxes before you start transferring money into other peoples bank accounts. study specifically "gift tax"
@shumatsuopost5 ай бұрын
I can help you if you fill out one of these forms: Akiya Income Generator (for rental properties): forms.gle/7ySUCdpiLVy9mHoy9 Japan Akiya Assist (for vacation homes): forms.gle/1A7FHHJxqHfuuUjh7
@greghelton46685 ай бұрын
Did he buy the house and the land or just the house?
@dfut8444mmff4ddddd5 ай бұрын
Is it really a good investment for 50K? After all you’re taxed on rental income it’ll take at least 10-12 years to earn your money back. Versus if you invest $50k and into index funds that’ll grow to $115K on average after 10 years and with the right account you’ll pay minimum tax.
@shumatsuopost5 ай бұрын
You're right. Some people like to invest in stocks and other invest in real estate. I do both but I choose real estate over stocks any day.
@eliteaesthetics51705 ай бұрын
A major difference between real estate and brokerages are that the only loans you’ll ever get are for marginable securities. You can’t take a margin loan in your IRA. But you can leverage a bank to give you 80% of your required capital while you can still charge rent that reflects 100% equity in the real estate. Stock markets, bond markets, and real estate all play crucial but different roles.
@cargino265 ай бұрын
He mentioned that 10 million yen including renovation. Could you make a video explaining that? Did the owner of the place own a renovation company? Or how does that work when they mention including renovation?
@greghelton46685 ай бұрын
The property is almost certainly a leasehold (bought the structure and not the land). Hopefully the video creator answers my question.
@ekaterinashishka55945 ай бұрын
Congratulations 🎉 Nice house 👍
@boneandjointindonesia5 ай бұрын
I believe that the Japanese population is consolidating. Many other countries are going through the same thing. There is always opportunity in those areas! Yes, some areas are down but some are UP!
@MosKou2KH15 ай бұрын
Is Alex one of your "member" who you helped acqiure this property?
@callumryan82835 ай бұрын
Hamamatsu has an increasing population, but is not really that near tokyo.. just curious what your opinion is of this city?
@jericho825 ай бұрын
i’m thinking to buy a property worth around 1.2 million, roughly how much is going to cost me adding all the taxes and the commissions? thank you so much
@somedudeonyoutoob5 ай бұрын
Does he own the land too?
@MosKou2KH15 ай бұрын
Is Alex one of your "members" who you helped acquire this property?
@FleshEatingBeagle5 ай бұрын
❤Japan❤
@Kaiseeerrr5 ай бұрын
Heyy im French, its possible to contact him ?
@speaksthis5 ай бұрын
Akiyas, by definition are rural and abandoned.
@nathanruben-tv5lf5 ай бұрын
Good luck carrying all your stuff to hause. Can not even pull your carzin front of the hause....
@Mwoods22725 ай бұрын
How did the other houses on the street move their stuff?
@Diamond_Hanz5 ай бұрын
French man got scammed .
@inggermanydeutschland38083 ай бұрын
He lives there.
@LiZhongXin5 ай бұрын
As the property is in the 80s so probably cannot get a bank loan right
@Jsrowson5 ай бұрын
Rent to Americans stationed there.
@Mwoods22725 ай бұрын
Americans will trash the house better to rent to a Japanese.
@marklee84843 ай бұрын
Is it really possible to rent it for 100K yen monthly??