This Frenchman Just Bought an Akiya in Japan. This is How He Did It.

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  • čas přidán 6. 09. 2024

Komentáře • 76

  • @shumatsuopost
    @shumatsuopost  Před 4 měsíci +6

    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

    • @cstevenson5256
      @cstevenson5256 Před 4 měsíci +1

      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.

    • @mrbHanoi
      @mrbHanoi Před 4 měsíci

      It use to be 360 yen to $1 now soon 160

    • @lb7034
      @lb7034 Před 2 měsíci

      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

    • @mrbHanoi
      @mrbHanoi Před 2 měsíci

      @@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.

    • @mrbHanoi
      @mrbHanoi Před měsícem

      @@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

  • @RussianPinoy
    @RussianPinoy Před 3 měsíci +12

    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 👍

  • @TeaTimeSweetness
    @TeaTimeSweetness Před 2 měsíci +3

    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

  • @johnathansmith4074
    @johnathansmith4074 Před měsícem

    Why does nobody consider owner change homes or even shops and stores? They are comparable in price and often go over the 1% rule.

  • @linnettesiemienczuk5466
    @linnettesiemienczuk5466 Před měsícem

    Congratulations!!!! Would love to see the house after the renovations.

  • @seantaylor4107
    @seantaylor4107 Před 4 měsíci +6

    Man, guess I will plan a trip to Japan in the next 6 months. Congrats to Alex.

  • @mrbHanoi
    @mrbHanoi Před 4 měsíci +21

    I think the yen will go to 200

    • @johnnystewart83
      @johnnystewart83 Před 4 měsíci +4

      No. It won't.

    • @Koeptis
      @Koeptis Před 3 měsíci

      Would be great with crypto going up 😮

    • @mrbHanoi
      @mrbHanoi Před 2 měsíci

      @@johnnystewart83 How else do they pay 10 trillion in debt?

    • @jsslgn
      @jsslgn Před měsícem

      ​@@mrbHanoi you're more worried than the govt of japan😂

    • @mrbHanoi
      @mrbHanoi Před měsícem

      @@jsslgn I have 1 million in assets in Japan

  • @Duke-mn2xm
    @Duke-mn2xm Před 3 měsíci +1

    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?

  • @TvaloneCC
    @TvaloneCC Před 19 dny

    What about Isehara City in Kanagawa?

  • @TenYen4796
    @TenYen4796 Před 4 měsíci +5

    Thanks for another awesome video😊

  • @Will-ky9hr
    @Will-ky9hr Před 3 měsíci +1

    Nice home, well done!😊

  • @inggermanydeutschland3808
    @inggermanydeutschland3808 Před 2 měsíci

    Love this kind of project 🎉🎉🎉.

  • @snoogly
    @snoogly Před měsícem

    Did that all-in cost include your own $8000 fee? I ask because I am curious - as a potential customer.

  • @user-nh5vb4bg8p
    @user-nh5vb4bg8p Před 3 dny

    How is he a regular resident?

  • @hhspore
    @hhspore Před 4 měsíci +10

    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.

    • @shumatsuopost
      @shumatsuopost  Před 4 měsíci +6

      Yeah, you're right. And if that's what you think, I don't think investing in Japanese real estate is for you. 😁

    • @metaparcel
      @metaparcel Před 4 měsíci +13

      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 CZcamsr 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.

    • @rc3398x
      @rc3398x Před 4 měsíci

      @@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.

    • @rc3398x
      @rc3398x Před 4 měsíci

      @@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.

    • @boneandjointindonesia
      @boneandjointindonesia Před 4 měsíci +1

      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.

  • @cristobal.ashton
    @cristobal.ashton Před 3 měsíci

    12% yield is great

  • @Chris-ip9qg
    @Chris-ip9qg Před 3 měsíci +1

    cool info

  • @dfut8444mmff4ddddd
    @dfut8444mmff4ddddd Před 4 měsíci +3

    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.

    • @shumatsuopost
      @shumatsuopost  Před 4 měsíci +2

      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.

    • @eliteaesthetics5170
      @eliteaesthetics5170 Před 4 měsíci

      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.

  • @IsaacGbornor-vxhd
    @IsaacGbornor-vxhd Před 3 měsíci

    Great investment

  • @mastergoma126
    @mastergoma126 Před 4 měsíci

    Do you recommend buying a house in the big city area like around Tokyo?

  • @WhatsupSan
    @WhatsupSan Před 4 měsíci +2

    i want to buy an akiya in Osaka for the street food parties

    • @jasonmgomez
      @jasonmgomez Před 4 měsíci +1

      I want one in Sapporo for the skiing and the Ramen.

  • @marilynstein3238
    @marilynstein3238 Před 3 měsíci

    How much the cost of Alex house

  • @greghelton4668
    @greghelton4668 Před 4 měsíci +1

    Did he buy the house and the land or just the house?

  • @Dazzman170
    @Dazzman170 Před 4 měsíci

    Great house and location, Congratz Alex.

  • @bradrickerby918
    @bradrickerby918 Před 4 měsíci

    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.

    • @gregh7457
      @gregh7457 Před 4 měsíci +1

      you had better study up on japanese taxes before you start transferring money into other peoples bank accounts. study specifically "gift tax"

    • @shumatsuopost
      @shumatsuopost  Před 4 měsíci

      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

  • @sherlockhomes9919
    @sherlockhomes9919 Před 4 měsíci +3

    $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-777
      @Nicolas-777 Před 4 měsíci

      That’s pretty much a 10% annual yield! Very good in my book

  • @callumryan8283
    @callumryan8283 Před 4 měsíci

    Hamamatsu has an increasing population, but is not really that near tokyo.. just curious what your opinion is of this city?

  • @cargino26
    @cargino26 Před 4 měsíci

    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?

    • @greghelton4668
      @greghelton4668 Před 4 měsíci +1

      The property is almost certainly a leasehold (bought the structure and not the land). Hopefully the video creator answers my question.

  • @ekaterinashishka5594
    @ekaterinashishka5594 Před 4 měsíci

    Congratulations 🎉
    Nice house 👍

  • @MosKou2KH1
    @MosKou2KH1 Před 4 měsíci

    Is Alex one of your "member" who you helped acqiure this property?

  • @FleshEatingBeagle
    @FleshEatingBeagle Před 3 měsíci

    ❤Japan❤

  • @jericho82
    @jericho82 Před 4 měsíci

    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

  • @MosKou2KH1
    @MosKou2KH1 Před 4 měsíci

    Is Alex one of your "members" who you helped acquire this property?

  • @boneandjointindonesia
    @boneandjointindonesia Před 4 měsíci

    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!

  • @somedudeonyoutoob
    @somedudeonyoutoob Před 4 měsíci

    Does he own the land too?

  • @marklee8484
    @marklee8484 Před 2 měsíci

    Is it really possible to rent it for 100K yen monthly??

  • @Kaiseeerrr
    @Kaiseeerrr Před 4 měsíci

    Heyy im French, its possible to contact him ?

  • @speaksthis
    @speaksthis Před 4 měsíci

    Akiyas, by definition are rural and abandoned.

  • @nathanruben-tv5lf
    @nathanruben-tv5lf Před 3 měsíci

    Good luck carrying all your stuff to hause. Can not even pull your carzin front of the hause....

    • @Mwoods2272
      @Mwoods2272 Před 3 měsíci

      How did the other houses on the street move their stuff?

  • @user-ff5js6hj2k
    @user-ff5js6hj2k Před 4 měsíci +1

    As the property is in the 80s so probably cannot get a bank loan right

  • @Jsrowson
    @Jsrowson Před 4 měsíci

    Rent to Americans stationed there.

    • @Mwoods2272
      @Mwoods2272 Před 3 měsíci

      Americans will trash the house better to rent to a Japanese.

  • @Diamond_Hanz
    @Diamond_Hanz Před 4 měsíci +3

    French man got scammed .