For a beginner investor without much money, buying a single apartment and renting it out might be the only choice. A wealthier investor has more options. He or she can either buy a single apartment, renting it out (or multiple single apartments, renting them out), OR he can buy a whole building comprised of multiple [...]
What exactly are owners’ associations and management companies? When you buy a house things are simple. The building and the land are yours to do with as you please. However, when you buy a unit in a building, things get more complicated. If buying a unit in a larger building, you decide what to do [...]
Owning a house can be different from owning an apartment because apartments always have common areas. Common areas often include hallways, stairs, a laundry area, a front entrance, gardens, parking, etc. These common areas belong to all the unit owners collectively. Managing these common areas is the responsibility of the whole community, not just any [...]
You might think: “To make and maximise a property listing isn’t my job. It’s my real estate agent’s job”. In Japan, recruitment of tenants is the job of real estate agents, property managers, etc., after all. They are responsible for creating the listings that go on popular websites such as “at home”, “Suumo,” and “LIFULL [...]
"Millionaire". "The Million-Dollar Retirement". 1 million USD. Our society fixates on the magical amount, one million dollars. In the past, a millionaire was "rich". Nowadays, there are more than 20 million millionaires in the world. Yet being a "millionaire" is still an important milestone. Many, from laymen to financial planners, see it as the threshold. [...]
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 [...]
The Japanese tax system allows taxpayers to reduce their taxes with deductions. This allows them to save more money for the things that matter. For example, imagine that your income is ¥10,000,000 (the 33% tax bracket). Normally, with no deductions, if you make ¥10,000, you will pay ¥3,300 tax on it: ¥10,000 × 33% [...]
At some point, you likely pondered whether real estate investment in Japan was possible. Not just for Japanese citizens or “special” foreigners, but YOU. Does the legal framework exist for it to be possible? Well, you found the answer to that question: Yes. The lightbulb above your head went from cool blue to a faint, warm [...]
Owning Japanese real estate offers extensive benefits to the overseas investor, especially when renting out the property. Various Japanese cities and metropolises offer some of the highest cap rates in the world. Of course there is Tokyo, with its stable and robust ROI (return on investment). This is 5.5% on average in the 23 Special [...]
How do you find a real estate broker in Japan? Well, first of all, let’s define what a real estate broker is. A real estate broker is a real estate professional who specialises in buying and selling real estate for clients. A real estate agent, on the other hand, deals with rentals. Both are licensed [...]