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

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  • Опубліковано 2 жов 2024

КОМЕНТАРІ • 78

  • @shumatsuopost
    @shumatsuopost  5 місяців тому +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 5 місяців тому +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 5 місяців тому

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

    • @lb7034
      @lb7034 3 місяці тому

      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 3 місяці тому

      @@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 2 місяці тому

      @@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

  • @TeaTimeSweetness
    @TeaTimeSweetness 3 місяці тому +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

  • @martafiord
    @martafiord 12 днів тому

    Even the outside the video you can understand that the neighborhood is peaceful

  • @RussianPinoy
    @RussianPinoy 4 місяці тому +13

    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 👍

  • @snoogly
    @snoogly 2 місяці тому

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

  • @johnathansmith4074
    @johnathansmith4074 Місяць тому

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

  • @TvaloneCC
    @TvaloneCC Місяць тому

    What about Isehara City in Kanagawa?

  • @Duke-mn2xm
    @Duke-mn2xm 4 місяці тому +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?

  • @IsaacGbornor-vxhd
    @IsaacGbornor-vxhd 3 місяці тому

    Great investment

  • @mrbHanoi
    @mrbHanoi 5 місяців тому +22

    I think the yen will go to 200

    • @johnnystewart83
      @johnnystewart83 5 місяців тому +5

      No. It won't.

    • @Koeptis
      @Koeptis 4 місяці тому

      Would be great with crypto going up 😮

    • @mrbHanoi
      @mrbHanoi 3 місяці тому

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

    • @jsslgn
      @jsslgn 2 місяці тому

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

    • @mrbHanoi
      @mrbHanoi 2 місяці тому

      @@jsslgn I have 1 million in assets in Japan

  • @vanessamarclay8653
    @vanessamarclay8653 24 дні тому

    Good morning,,I would really like to find small house like that

  • @MonicaHubbard-r4h
    @MonicaHubbard-r4h 29 днів тому

    How is he a regular resident?

  • @hhspore
    @hhspore 5 місяців тому +11

    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  5 місяців тому +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 5 місяців тому +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 UA-camr 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 5 місяців тому

      @@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 5 місяців тому

      @@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 5 місяців тому +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.

  • @seantaylor4107
    @seantaylor4107 5 місяців тому +6

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

  • @linnettesiemienczuk5466
    @linnettesiemienczuk5466 2 місяці тому

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

  • @Chris-ip9qg
    @Chris-ip9qg 4 місяці тому +1

    cool info

  • @TenYen4796
    @TenYen4796 5 місяців тому +5

    Thanks for another awesome video😊

  • @inggermanydeutschland3808
    @inggermanydeutschland3808 2 місяці тому

    Love this kind of project 🎉🎉🎉.

  • @mastergoma126
    @mastergoma126 4 місяці тому

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

  • @Will-ky9hr
    @Will-ky9hr 4 місяці тому +1

    Nice home, well done!😊

  • @nathanruben-tv5lf
    @nathanruben-tv5lf 4 місяці тому

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

    • @Mwoods2272
      @Mwoods2272 4 місяці тому

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

  • @bradrickerby918
    @bradrickerby918 5 місяців тому

    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 5 місяців тому +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  5 місяців тому

      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

  • @cristobal.ashton
    @cristobal.ashton 3 місяці тому

    12% yield is great

  • @marilynstein3238
    @marilynstein3238 4 місяці тому

    How much the cost of Alex house

  • @FleshEatingBeagle
    @FleshEatingBeagle 4 місяці тому

    ❤Japan❤

  • @marklee8484
    @marklee8484 3 місяці тому

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

  • @WhatsupSan
    @WhatsupSan 5 місяців тому +2

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

    • @jasonmgomez
      @jasonmgomez 5 місяців тому +1

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

  • @greghelton4668
    @greghelton4668 4 місяці тому +1

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

  • @LiZhongXin
    @LiZhongXin 5 місяців тому +1

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

  • @MosKou2KH1
    @MosKou2KH1 5 місяців тому

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

  • @somedudeonyoutoob
    @somedudeonyoutoob 5 місяців тому

    Does he own the land too?

  • @boneandjointindonesia
    @boneandjointindonesia 5 місяців тому

    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!

  • @sherlockhomes9919
    @sherlockhomes9919 5 місяців тому +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 4 місяці тому

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

  • @dfut8444mmff4ddddd
    @dfut8444mmff4ddddd 5 місяців тому +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  5 місяців тому +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 5 місяців тому

      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.

  • @Diamond_Hanz
    @Diamond_Hanz 5 місяців тому +3

    French man got scammed .

  • @jericho82
    @jericho82 5 місяців тому

    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 5 місяців тому

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

  • @callumryan8283
    @callumryan8283 5 місяців тому

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

  • @ekaterinashishka5594
    @ekaterinashishka5594 5 місяців тому

    Congratulations 🎉
    Nice house 👍

  • @Kaiseeerrr
    @Kaiseeerrr 5 місяців тому

    Heyy im French, its possible to contact him ?

  • @cargino26
    @cargino26 5 місяців тому

    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 4 місяці тому +1

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

  • @Dazzman170
    @Dazzman170 5 місяців тому

    Great house and location, Congratz Alex.

  • @Jsrowson
    @Jsrowson 4 місяці тому

    Rent to Americans stationed there.

    • @Mwoods2272
      @Mwoods2272 4 місяці тому

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

  • @speaksthis
    @speaksthis 5 місяців тому

    Akiyas, by definition are rural and abandoned.