Congratulation! So far I'd bought two properties as well. I'm from Switzerland living in Tokyo. I bought one in Tokyo and another in a mountain area of Nagano to escape the summer heat of Tokyo. Enjoy your new place.😊
Thats an amazing location, I think the price it pretty steep unless you are buying it with other people or have enough cash to buy without a loan. Can you do a video explaining the numbers behind what's expected as the income from this location versus the costs?
Looks great. Congrats! 👍 As you said, 15min walk to the station might be tough for foreigners (especially in the steamy hot summer), but perhaps perfect distance for a taxi. Not too close, not too far making the fair justifiable. All other months probably no problem just to walk it. That's a nice price too.
@@tsciproperties7619 You're really better off looking for an agencies and if your a foreigner an agency/realtor that caters to foreigners. Otherwise, come to Japan instead and visit a 不動産 (Fudosan) essentially a broker. They search the property for you based on your needs.
@@JohnDang808 do you own the land that the house is built on? Or are you paying a lease on that land? I heard some houses still have a present landlord that you buy a house on.
8:44 Looking for a house in Tokyo now. I HATE those small built in desks that so many houses seem to have. I use 4 monitors and multiple computers, there is no way that would fit. No hate, its a great house, I'm just venting, lol
Japan has been a decade or two ahead in social issues when it comes to demographic shifts. They had their population aging and decline through falling fertility rates long before any other developped nation. So I think we can safely use Japan as a foreshadow to most (if not all) developped/developping nations, when it comes to Real Estate. Because in pretty much all cases so far, when a country becomes well developped, it will face population aging and decline, as people find more options for fulfillment outside of the traditionnal family model. So for Real Estate I think properties will only keep their value if they are in urban areas, where young people always flock and where tourism is concentrated. And just like in Japan, properties in smaller towns will also lose their value, as younger generations will also have no desire to go back to their old nest, abandonning them. Relying on only foreign buyers to maintain value of village houses is not sustainable. I think what has hapenned in Japan will happen in the West, and will eventually happen in all currently developping nations. My bet is that R-E is only good for 2 more generations or so, once a decline + aging has started.
Congratulation! So far I'd bought two properties as well. I'm from Switzerland living in Tokyo. I bought one in Tokyo and another in a mountain area of Nagano to escape the summer heat of Tokyo. Enjoy your new place.😊
Exactly my thought! Glad I stumbled on your video. Thanks for shring!
Can i get some recommendations if we have plans to buy one? Also how long is your forecasted ROI?
Can you suggest a realtor in charge of properties available in Kamakura, Ueno or Asakusa?
Thats an amazing location, I think the price it pretty steep unless you are buying it with other people or have enough cash to buy without a loan. Can you do a video explaining the numbers behind what's expected as the income from this location versus the costs?
Great property in a first-rate area! I would love to find a very small apartment in the same vicinity - Shibuya/Harajuku/Shinjuku area.
Looks great. Congrats! 👍 As you said, 15min walk to the station might be tough for foreigners (especially in the steamy hot summer), but perhaps perfect distance for a taxi. Not too close, not too far making the fair justifiable. All other months probably no problem just to walk it. That's a nice price too.
I like it. It is practical and modern.
Beautiful house
Very informative. I’m looking to do Airbnb in Shonan area on a similar type new build.
Best of luck!
Can you advise us how you were able to get a local realtor to help u get started!?!
What location are you looking for?
very nice ! and that's a lot of money. foreigner gotta do it in 1 shot. if we can do mortgage, it's a no brainer
I’m qualifying for a mortgage for this property as we speak
i would look at the future exchange rate as my cap gain.
Looks well built! What resources do you use to do research for real estate?
I have a team searching for me. But there are popular sites like sumo, homes.jp and others
@ what about for philippines? Feel like websites in Philippines are so lackluster and unreliable with info
@@tsciproperties7619 You're really better off looking for an agencies and if your a foreigner an agency/realtor that caters to foreigners. Otherwise, come to Japan instead and visit a 不動産 (Fudosan) essentially a broker. They search the property for you based on your needs.
I prefer 目黑區
I think homes in Japan will appreciate like you said and also if you target foreigners for rental or sale. Do you own the land also?
Yes you can own the land in Japan
@@JohnDang808 do you own the land that the house is built on? Or are you paying a lease on that land? I heard some houses still have a present landlord that you buy a house on.
8:44 Looking for a house in Tokyo now. I HATE those small built in desks that so many houses seem to have. I use 4 monitors and multiple computers, there is no way that would fit. No hate, its a great house, I'm just venting, lol
Is it possible to buy just the land or only Japanese citizens allowed to do that? Assuming it was for sale.
I prefer this house over those akiyas in rural side
my sentiments exactly. I think the akiyas can be a good investment but I don't personally want to be there.
Just curious but if you built it brand new, why didn’t you put in central air and heat?
I think they just don't have that for residential, no matter how new. The mini-split systems are what's used.
I had to install it. A brand new house usually doesn't come with it. The build came from a developer.
@@JohnDang808 Ohh. Ok. Thank you.
I thought there are some restrictions on running air bnb in Japan? I think u need something like a hotel license to run it fulltime?
It’s called a minpaku license and in Shibuya you can run Airbnb for 180 days.
@@JohnDang808 what will you do with the house for the other 180days if no minpaku? or is the 180 days good enough ROI?
There is a couple on UA-cam who bought one that has a very similar floor plan
very cooky cutter but a very efficient design and build
How much did you pay for this property?
He mentioned it in the video
Who manages your properties for you? Particularly if you lease them out
I partially manage it with my remote team in the Philippines and a partner on the ground who handles the vendor or anything on the ground.
Plus I have an administration team for licensing, accounting and tax filings.
How can i buy one?
If you are a foreigner you will definitely need the help of a licensed broker/agent. Let me know if you want some recommendations.
how much is their Property Tax, John ?
looks nice
Can foreigners own properties in Japan?
Yes, but is doesn't automatically give you a VISA to be a resident.
Japan has been a decade or two ahead in social issues when it comes to demographic shifts. They had their population aging and decline through falling fertility rates long before any other developped nation. So I think we can safely use Japan as a foreshadow to most (if not all) developped/developping nations, when it comes to Real Estate. Because in pretty much all cases so far, when a country becomes well developped, it will face population aging and decline, as people find more options for fulfillment outside of the traditionnal family model. So for Real Estate I think properties will only keep their value if they are in urban areas, where young people always flock and where tourism is concentrated. And just like in Japan, properties in smaller towns will also lose their value, as younger generations will also have no desire to go back to their old nest, abandonning them. Relying on only foreign buyers to maintain value of village houses is not sustainable. I think what has hapenned in Japan will happen in the West, and will eventually happen in all currently developping nations. My bet is that R-E is only good for 2 more generations or so, once a decline + aging has started.
how much is this home?
why not do long term rental so you can rent it out the entire year.. your going to have it empty 6 months out of the year with airbnb
Because we want to use this place too. We like coming back to Japan and hotels aren’t very good.
Well because me and my partner would like a place in Tokyo to come back to
@@JohnDang808 I see but it's going to be vacant for a many months since tourist visa is only up to 3 months
@@yoji8130 please listen to what he says on the video man
It's going to take you over 20 years before you make back the initial investment of $500.000.
How much is it?
He doesn’t know 😂
500 to 515k USD
10:35