Your Key To Passive Real Estate Income

Level 4

How Long Do Japanese Buildings Last?

By in Investor School

Investors from all over the world invest in Japanese real estate for a myriad of reasons. The most common ones are its high cap rates and low risk. Average returns on investment (ROIs) include 5.5% (downtown Tokyo) and 7% or more in Niseko, Hokkaidō and elsewhere. Higher-return properties also exist (usually with higher risk, of [...]

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Can You Jointly Own Japanese Real Estate?

By in Investor School

Japan has always fascinated James. In his bedroom, he has a giant reproduction of Hokusai’s “The Great Wave Off Kanagawa” on his wall. He spends his free time reading about the great daimyō (feudal lords) and samurai of the Japanese feudal era. On weekends, he practices kendō (traditional Japanese swordsmanship). One day, while procrastinating prior [...]

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Murder! Yakuza! Cults! What Are Stigmatized Properties?

By in Investor School

A stigmatised property (事故物件, jikobukken) is real estate in which something very bad or controversial happened in the recent past. Stigmatised properties have special financial and legal implications. There are several different reasons a property can become stigmatized: Perhaps there was an unnatural death there: a murder, a suicide, or a “lonely death” (孤独死, kodokushi). [...]

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How Do Subleases Work?

By in Investor School

A "sublease" is a situation in which the tenant who is leasing from the landlord signs a rental contract for the same property with a third party- another tenant. This third party, who will live or do business in the unit, is called the subtenant. In this situation, the original tenant now functions as more [...]

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What is DSCR?

By in Level 4

DSCR stands for “Debt-Service Coverage Ratio.” It is a measure of the ratio of income (specifically, Net Operating Income) to debt (Total Debt Service). Investors will use this to work out what the margin of safety is between the expense of paying back the bank and the total rent they receive. What is DSCR used [...]

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