This Foreigner Bought 10 Akiya Houses in Japan. This is How He Did It.

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Disclaimer: I am not a financial advisor. This video and the ideas presented in it are for entertainment purposes only and should not be construed as financial or legal advice.
#japan #realestateinvesting #financialfreedom #passiveincome #akiya #abandonedhouses #freehouse #homebuyingtips #cheaphouse #tokyo
00:00 Intro
01:12 House Tour
04:42 Colin's Story
12:15 Will Japanese Real Estate Appreciate?
23:36 How Important Is It For Foreigners To Speak Japanese?
29:14 What To Look For In A Deal
33:01 Where To Find Deals
37:44 How To Make An Offer
38:46 Colin's Language Learning Program
44:09 What's Your Favorite Book On Real Estate?
46:48 Tips On Working In Japan
47:31 Colin's Real Estate Investing Journey
59:25 Outro

Опубликовано:

14 июн 2024

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Комментарии : 543

@shumatsuopost Год назад

FREE GUIDE: How to Buy an Akiya as a Foreigner: stan.store/shumatsuopost Apply for Exclusive Japan REI Coaching Program: forms.gle/qHVJ4e7ChajGFNAQ6

@playbackamusicloversjourne8620 8 месяцев назад

The title says he bought 10 Akiya houses. He said none of them were Akiya houses.

@SJ-lt8mx 6 месяцев назад

Yeah, Shu loves to hype the free/cheap house thing to get clicks. Pretty sketchy.@@playbackamusicloversjourne8620

@es7228 Год назад

I’ve bought an Akiya in Japan by accident. The original price was $60k and jokingly I said `no…but maybe if it was $20K ill do it.` and they said ok. During Covid, I renovated it mostly by myself. It took me one year and spent an extra $30k. Now its being used as a space for artists in Nara City and charging 1K a month for rent.

@shumatsuopost Год назад

That's amazing! Can I interview you about your experience?? :)

@musafir123 Год назад

I think he needed money so he had sold you cheaply but should give him fair price

@es7228 Год назад

@@musafir123 not at all. A lot of these properties are burden to some owners.

@abefinance109 11 месяцев назад

@es7228 do you have a business email we can send questions to?

@wendyon4517 11 месяцев назад

@@musafir123 What he paid is probably a fair price for the land. Without seeing the house it's hard to say. If it's old whether the buyer keeps the house or not wouldn't factor in so much. The 100 year old house across the street from me was sold. Farmer's house. It had been continuously lived in and the owners had both recently passed away. What's there now... EIGHT NEW HOUSES. I'm not sad because it would have 100% become an overgrown eyesore in no time. It was prime residential land in an area that doesn't turn agricultural land over to residential use easily because they want people building new homes where services are already provided and not 5km away from the centre of town.

@KickAssets Год назад

Thanks for the interview Shu. I apologize for talking so much and so fast. I guess I had a lot to say. lol 😅 I'm really glad that I changed your mind on Japanese real estate. 😅

@shumatsuopost Год назад

Thanks for hosting me, man. Your story is inspiring. You just get sh*t done. You have a story that needs to be heard. Keep up the great work! See in when you are at 20 ;)

@cjjunkee8602 Год назад

Hey Colin, I would love to buy properties in Japan, please teach me how, also, you guys talked about exit strategy, I can be your exit strategy just in case you want to sell your property, great video!!!

@TheOriginalNiceGuy Год назад

We have a lot of similarities in our background. Which part of Vancouver were you from?

@KickAssets Год назад

@@TheOriginalNiceGuy East-Van lol

@TheOriginalNiceGuy Год назад

@@KickAssets I lived in North Van and Horseshoe Bay wayback when.

@retro7924 11 месяцев назад

Colin mentioned something that really hit home from my time living in Asia for over 10 years. He talked about how the landlords will not raise rents to ridiculous extremes as they want to ensure that people can afford to rent. They always look out for their fellow countrymen and women. There is a great sense of care and respect for others, regardless of whether you are a salary person or a big executive. In my home country, they are always looking at how they can get ahead, even if it means stepping on other people to get there. . When the government gives landlords the opportunity they will raise the rents to whatever they can get, they have no qualms about whether a family will have a home in the morning or not.

@shumatsuopost 11 месяцев назад

Thanks for sharing that. That's a wonderful culture we have in Japan and Asia. Do you think it also has to do with inflation?

@busterbiloxi3833 11 месяцев назад

There is much truth in what you write.

@retro7924 11 месяцев назад

@@shumatsuopost That is another possibility, inflation seems to have hit many countries across the globe but at the same time, it has been used as a way to create price hikes.

@Shepherdservices317 7 месяцев назад

Rent prices outpace inflation. And inflation doesn't effect the landlord especially when they own it free and clear. They do it because they can, and don't care.

@KickAssets 4 месяца назад

Thanks for noticing. There is a kind of respect and in many cases they will undervalue what they have.

@lhj6044 Год назад

I think Chinese are not buying more property in Japan because there is no immigration law in Japan to have a Japanese residency permit for foreigners when investing in properties whereas in most of the other countries they do. Chinese are looking to have another passport or foreign identity document other than being only Chinese citizens to have a back up plan when things might get ugly there, lol!

@wendyon4517 Год назад

It takes YEARS of continual living and working in Japan to get Japanese Permanent Residency. Chinese aren't buying property as a fallback country to live in.

@thereviewboss Год назад

@@wendyon4517yes they are. I know people who have done just this or to launder money out of China

@Omagatsuhi 11 месяцев назад

They are not buying because of the maintenance costs rising over the years.

@busterbiloxi3833 11 месяцев назад

@@Omagatsuhi The Chinese are buying lots of properties in Japan. The anchor babies are in Canada and the US.

@Omagatsuhi 11 месяцев назад

@@busterbiloxi3833 Not in all parts. Tokyo, Osaka, Yokohama , Kyoto - yup, as investments. However, in areas other than Tokyo, Osaka, Kyoto, I don’t think they will snatch those up. Plenty of Akiyas in certain parts of Kyushu and nobody wants them because of depopulation.

@everythingisnand Год назад

I really enjoyed this interview. Thanks to Colin and some other youtubers I managed to close on my house in Japan mid April this year and I am looking forward to going back to Japan in late July to begin the renovations. Thank you so much to the both of you :)

@shumatsuopost Год назад

That is awesome! Glad you enjoyed it!

@roido6614 8 месяцев назад

Wow. Congrats Bro on the House!

@72lfk Год назад

Great interview. I'm Singaporean married to a Japanese. It's been my dream to move to Japan and do what Colin does. Except I'm a lot older and I have 3 young kids. So it's a bit of a challenge. But the goal is to make the move in 2 years.

@shumatsuopost Год назад

Awesome. Be sure to reach out to us when you're ready to pull the trigger :) We can help.

@ContinualShiftwithDaveRogers 11 месяцев назад

Great interview - congrats to Colin for his ten year adventure in Japan and to Shu for sharing a wonderful and informative conversation as well as growing your YT channel. Bravo and keep up the awesome content.

@shumatsuopost 11 месяцев назад

Thanks for the kind words! Appreciate your support, Dave!

@williehutch03 Год назад

Colin is awesome. I appreciate his insight form his experiences in Japan. Thank you for having him on and asking such great questions.

@shumatsuopost Год назад

Thanks for kind words, William! Appreciate your support - more coming from us :)

@jonlilley2832 7 месяцев назад

Wow, Shu! You nailed your first interview! Congratulations! And, choosing Colin was a great choice too! I'm so happy for you guys, but I'm drowning in a sea of 悔しい I don't know what to think. Thank you so much. This is so interesting!

@shumatsuopost 7 месяцев назад

Thank you so much!!

@KickAssets 3 месяца назад

I love this comment "I'm drowning in a sea of 悔しい" haha Thanks.

@stevetimmermans5311 2 месяца назад

Great interview. I gained so much information from this. Thanks.

@shumatsuopost 2 месяца назад

Glad it was helpful!

@davidcooper7339 3 месяца назад

Great informative interview and vlog. I'm now a subscriber and I appreciate your educational videos. Thank you!

@shumatsuopost 3 месяца назад

Welcome to the channel!

@marvicente3585 9 месяцев назад

Awesome interview! Thank you for sharing your experience, Colin. I'm now interested with Akiyas because of this content, Shu.😊

@shumatsuopost 9 месяцев назад

Thank you. When you are ready, reach out to us - we can help :)

@foodzillaXL 2 месяца назад

Great video. Very informative. Thanks for the your detailed explanation

@shumatsuopost 2 месяца назад

Glad it was helpful!

@lazvegaz 2 месяца назад

Wow! Colin-san 😊 had so many good info and insights! I'm very thankful for it. Doumo arigatou gozaimashita.

@shumatsuopost 2 месяца назад

Thanks for watching!

@mt_adl1758 15 дней назад

I liked Colin so much. He is hones honest and clear about lots of things. He knows Japanese people and culture so

@shumatsuopost 15 дней назад

I agree!

@OddboyChannel Год назад

This info is invaluable. Thank you so much!!

@shumatsuopost Год назад

Glad it was helpful to you!

@aviewer9516 Год назад

Great interview, thank you. Subscribed.

@shumatsuopost Год назад

Thanks for watching!

@hmssirius9343 10 месяцев назад

For foreigner's, the real question is how they can get to Japan in the first place. Though you did mention he was an English teacher at first, that seems fairly common. But is there a better way?

@shumatsuopost 10 месяцев назад

It depends on how badly you want to get to Japan and how much effort you're willing to put in. I did a video on that as well: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-1q0RCnOjUUU.html

@W4ABN 8 месяцев назад

New to this channel. Really enjoyed listening to this discussion. Thank you.

@shumatsuopost 8 месяцев назад

Glad you enjoyed it!

@toshiaq Год назад

I would love to buy Colin a beer or ten and have a chat. What a guy.

@shumatsuopost Год назад

I don't think he drinks... Instead, do what I did - interview him on your RU-vid channel ;)

@jiromiyazaki6169 Год назад

Thank you . Hope to see more videos like this in future

@shumatsuopost Год назад

Thanks for watching. If you know anyone I should interview in Japan, let me know!

@teriyakibaklava 11 месяцев назад

Very insightful interview, you are excellent at letting your guest speak and bounce off the speaker!

@shumatsuopost 11 месяцев назад

Love to hear that! Thanks a lot!

@warriorofjesus3081 11 месяцев назад

thanks for sharing we love this content

@shumatsuopost 11 месяцев назад

Glad you enjoy it!

@Love_prompt_tapping_theray Год назад

It is a great interview, thank you.

@shumatsuopost Год назад

thanks for watching!

@PointduNord 4 месяца назад

Thanks for this very informative interview.

@shumatsuopost 4 месяца назад

Glad it was helpful!

@diegopavlicic3158 Год назад

great story. following your steps in the new few years. thank you

@shumatsuopost Год назад

Wonderful! Glad you liked it!

@johnnny9 11 месяцев назад

great interview very inspirational

@shumatsuopost 11 месяцев назад

Happy to hear that!

@user-yq7rw5tk3l Год назад

Learning more and more from your channel...thank you very very much...

@shumatsuopost Год назад

Thanks for watching! Glad to hear you find my content valuable

@bxvideony 14 дней назад

Impressive. Great interview 💯

@shumatsuopost 11 дней назад

Much appreciated!

@anthonyhalderman9624 11 месяцев назад

Love it! So smart!

@shumatsuopost 11 месяцев назад

Glad you like it!

@chicwanderess Месяц назад

This inspires me I love content like this.

@shumatsuopost Месяц назад

More to come!

@TraditionalJapaneseHouse Год назад

Great interview and good information to buy a house in Japan, we have owned a Japanese house for 5 years, and our house is around $30,000 right now.

@shumatsuopost Год назад

That's incredible! Glad you liked it!

@carolineb7127 Год назад

I think he is giving good advice to buy yourself a place in Japan (if you move away you can always rent it out and then have the option of moving back later). I am interested in buying a place in Japan to renovate and use as a base, I will not qualify for a loan or be able to get approval for a rental. But if I own it outright I can rent it out for periods of time.

@KickAssets Год назад

Yup, you understood very well :D

@shumatsuopost Год назад

If you want personalized help with your home search in Japan, let us know! forms.gle/nvEjiwAcN3LCS7da8

@busterbiloxi3833 11 месяцев назад

Easier said than done.

@TropicTrdr 18 дней назад

New to your channel. I'm retired military and have been investing real estate during my career. I had to move every 3 years and just kept them! I like Colin's story and agree with his logic; especially about acclimating to the culture and fostering relationships. I traveled extensively in Asia in the 1970's and 80's but the only place where I was stationed on Japanese soil was Okinawa. I think giving it a try would be fun but I'd definitely have to do some research to get the right mindset. I think the cultural nuances help in finding a pool of suitable renters and I understand and appreciate not being a predatory landlord because turnover hurts you. My big concern would be property management and I have my work cut out for me to perform that task effectively without being a local. Thanks for posting!

@furanopowdertours 11 месяцев назад

An issue to consider with investing in property in Japan is the inheritance tax. If you possess a significant portfolio or high-value real estate, the government may take up to 40% of its value. This can undermine the goal of creating wealth in Japan if you cannot pass it down to your family without the government taking a large portion. Can you touch on this more and if there is any workaround?

@busterbiloxi3833 11 месяцев назад

That's why you need to plan ahead and register the property(ies) in your kids' names at the BEGINNING. And get a good accountant.

@sirmione905 10 месяцев назад

I think many real estate investors in Japan have their own companies. Company owned properties are not charged with individual’s inheritance tax. You can give the company to your child(ren) before you pass.

@Michael-schroder Год назад

the reason japan has reasonable property prices is that the japanese construct new properties super fast compared to other countries. i.g. they increase the supply of new homes to match the demand.

@shumatsuopost Год назад

There are 5 houses being built in my neighborhood and they started the project about a month ago and seem to finish in just another few weeks.

@lawrencel2544 11 месяцев назад

How do you deal with mold situations in the summer time ? Its normally very humid during that time.

@ultronicatomic5463 20 дней назад

this is the only long video i have watched without skipping at all

@shumatsuopost 20 дней назад

Thanks for watching!

@jameshunt2905 Год назад

Yes yes, yes... understanding the overall costs... a low price doesn’t mean the taxes are based on that price!

@haidermahdi8552 Год назад

This is so entertaining thank you so much

@shumatsuopost Год назад

Glad to hear this was entertaining - thanks for watching!

@riedandan6519 6 месяцев назад

How do u manage the properties using a property management firm or on your own via a business? What’s the cost of managing the properties and what is the time frame you have to get your return on your investment back?

@sandytherry8647 7 месяцев назад

I believe what Colin is saying. The average Australian house has gone up $250,000 in the last two and half years. I’m visiting my son and new grandchild in Tokyo right now. My son is of the mindset that it’s not worth buying real estate in Tokyo because it will never appreciate. I’m going to show him this video today if he will watch it to try and change his mind. He has a finance degree from Australia. Any chance he could meet you guys to have a chat while I’m here? I’d love to meet you too. He could possibly be an asset to your company.by bringing Australian investors to you. The Chinese have been investing heavily in the Australian housing market and now they’re investing in the Japanese market too. They are savvy investors. I believe the Japanese market will start appreciating soon as it has in Australia.

@speedys9489 7 месяцев назад

That's the problem with us Aussies where everybody is a RE investor 🤣 - all ppl think about is the "capital gains". We sold our house and escaped Melbourne in March 2022, have 2 properties here in Japan now (both undergoing renovations). Once I have my JP permanent residency I can see building a positive cashflow RE portfolio. It is actually not a dream but a real possiblity here - unlike in Australia where getting into the market is nearly impossible.

@Felixkoifish 23 дня назад

Chinese investors in Australia, especially in Sydney and Melbourne, are quite different from Japanese investors. You might not fully understand the reasons behind Chinese investments in Australia.

@Leonard2542 11 месяцев назад

I think you have a knit for interviewing people. I also watched the interview with the 98-property-guy and enjoyed it. I hope you will find more interesting people like these two, and do more of this contend.

@shumatsuopost 11 месяцев назад

Love to hear that! Thanks a lot!

@angelomicallef5543 Год назад

Great interview. He explains compounding excellent both in real estate and language. 👍

@shumatsuopost Год назад

Thanks for watching! Yeah, he really knows what he's talking about. He's been in the game for a long time.

@angelomicallef5543 Год назад

@@shumatsuopost I also been investing in real estate for a long time and there are many takeaways he talks about 1. Rent first capital growth not guaranteed 2. Ignore noise from friends look at fundamentals 3. Beware of real estate investment sellers Also very humble. He has not done achieved his investments with huge salary backing.

@shumatsuopost Год назад

@@angelomicallef5543 Awesome. Which real estate market and assets class(es) do you invest?

@angelomicallef5543 Год назад

@@shumatsuopost I invest in real estate which I been doing for about 25 years. I buy units and rent and last 2 years been buying old houses on land, renovate to get good rental yield. I trade shares a little to help with cashflow. I resonate with his thinking both in investing and understanding culture.

@KickAssets Год назад

I am glad that you appreciated what I had to say. You noticed well what I was thinking/saying. Compounding/Exponential are very powerful tools/ideas.

@pmorton7960 Год назад

I think the bank we got the loan at is all the way out in Miura, but we have a decent yard and it's a 10 minute walk to the Kiekyu line. Only bad part is we can't rent out this place until we pay this one off, and there are penalties if you overpay the mortgage, so I think the plan is to get a place outright and rent that one out. Also the mortgage rates in Japan are AMAZING, especially with the current exchange rates. Great video.

@shumatsuopost Год назад

It truly is amazing! Thanks for watching!

@busterbiloxi3833 11 месяцев назад

You “think” the “loan” is out in Miura? You don’t know which bank you used?

@pmorton7960 11 месяцев назад

@@busterbiloxi3833 The bank we got the loan at, better?

@busterbiloxi3833 11 месяцев назад

@@pmorton7960 So it was in Miura, or it wasn't. Hey man, I'm not against you. Ten properties in twenty years is very good. I just want the TRUE FACTS exposed.

@pmorton7960 11 месяцев назад

@@busterbiloxi3833 Fact is since I'm a foreigner it took a few banks and housing agencies to make it happen. The original housing guy had to reach out to his mentor in Yokohama and they made it happen, with a 30% down payment.

@richardcolson8642 10 месяцев назад

Damn he's good, and unusual in that he's so frugal. I wish I had access to his on-line Japanese course.

@shumatsuopost 10 месяцев назад

Glad you like it!

@garcurran5079 Год назад

Thanks for a great beeakdown, subscription added for you both

@shumatsuopost Год назад

Thanks for your support!

@biglance Месяц назад

Interesting character, epitomizes "The Road less travelled", good on you!!!

@kenchadwick4875 7 месяцев назад

This was very enlightening Shu and absolutely god-like interview. I'm moving to Japan as a nikkei second descendent next year from the UK. From this albeit brief hour I am sure we are very much aligned in both goals and philosophy. If Colin is looking for an apprentice I would love to assist and learn from his wisdom. Is there a way to get in touch with him?

@shumatsuopost 7 месяцев назад

Glad you enjoyed the interview :) You can find him @kickassets - he usually responds to nice comments

@kenchadwick4875 7 месяцев назад

@@shumatsuopost Thanks a lot Shu!

@wilfredmulenga5558 Год назад

@KickAssets dropped so much insight. Thanks for the interview!

@KickAssets Год назад

You're welcome

@shumatsuopost Год назад

Thanks for watching!

@daRich_X Год назад

I wouldn't renovate the old kitchen, if it was functional then I would leave it as it is. It has a nice vibe 😂.✌

@agmcroom2374 Год назад

I love his attitude

@shumatsuopost Год назад

He keeps it real!

@frankzajac3158 Год назад

He's from Canada, but everything about him screams American. Good interview and great information. I would like to know how Colin started teaching English in Japan... like, did he go over on the JET program, or something similar?

@KickAssets Год назад

Why do I scream American? lol I'm actually Japanese at heart as I always gave into what my friends wanted growing up. I have always been unorthodox, but sometimes I caved to the peer pressure of my Canadian friends. lol Japan allowed me to feel like it was ok to do it my way and what I wanted. I actually came over with $1000 in my pocket and lived with my GFs family and worked in a bar ;) That's a good story in itself, I may tell one day.

@candicetran9620 Год назад

@@KickAssets Because teach English need degrees, thats why ppl asking. 15y ago it might easy teach without degrees to fulfill papers & proven if they have quality to teach. But 10y ago till now, it update. Ppl must have degrees or certifields to tech. Btw, foreigners travel there can apply buy house?? I saw alot foreigners buy 1$ give away free house in countryside. What is this?? Im curious but not much information about this. If i travel there & working as freelancer, can i apply at this project buy "free house" give by gorverment??

@KickAssets Год назад

@@candicetran9620 You shouldn't think free. Even if you find a house for under 1,000,000 yen it will need a lot of work and/or in bad location. You don't need teaching degrees to get a lot of jobs, just personality. The point of the degree is to be able to get a visa. Some schools might be strict, but there are a lot of opportunities. It's case by case.

@MarkAlaine 11 месяцев назад

@@KickAssets I know where you are coming from Colin. I’ve been here for 30 years and I think we become more outgoing as we teach English and entertain the students. It’s not American, it’s just being expressive. anyhow I really enjoyed your interview and tons of respect for what you have achieved here! I’d love to meet you someday.

@busterbiloxi3833 11 месяцев назад

@@KickAssets I knew it. The FATHER-IN-LAW supported you. I hope you pay him back by gifting him one of your "cash-bought" properties.

@bentonhomestead 10 месяцев назад

Great video; thank you for sharing! My husband and I are both foreigners in Japan, and we just received a Startup Business visa for our small business in rural Ehime (Ōmishima). We bought our first akiya while we were still on tourist status (although we now have residency) and we hope to purchase our second akiya by the end of the year. The first will be a guesthouse, and the second will be our own home.

@shumatsuopost 10 месяцев назад

That is awesome! Best of luck to you!

@lisabernard8637 10 месяцев назад

Could you please kindly share the info how we can apply for the startup business visa?

@bentonhomestead 10 месяцев назад

@@lisabernard8637 Yes of course! I plan to make a video of the process step-by-step, but currently my videos are more about the akiya renovation. You apply for the Startup visa through the city or prefecture that offers it. It's a new program and not offered nationwide. You can look online to see where it's offered. We were actually the first to go through the program in Imabari! So you start by first finding out where you want to apply. Then you complete the application, business plan, and other required documents. Then they award you with a certificate of recommendation, which you take to immigration, who officially awards your visa. The city or prefecture monitors your progress closely during the 6 months (this is where we're at in the process), and if they're happy with your business, they give you another letter of recommendation for your visa renewal. At that time, immigration will transfer your visa from Startup to 1-year Business Manager visa. I hope that makes sense! We're still in the process ourselves.

@vecnagreyhawk78 6 месяцев назад

Great comment. So you received a visa by owning one rental property? Did you start a certain type of management company? 😅

@bentonhomestead 6 месяцев назад

@@vecnagreyhawk78 The guesthouse was only part of our business plan, which also includes a honeybee / farm business, and my photography. It's just my husband and I, and these are the same three main income streams we had in the US, before we moved to Mexico, then settled in Japan. We received the Startup Business visa, and now that we've met our deadlines, we're currently in the process of transferring the Startup to a Business Manager visa. Hope that helps!

@morganchance9723 Год назад

This was really enjoyable, thanks for the conversation

@shumatsuopost Год назад

Thanks for watching!

@kaynesheenan 11 месяцев назад

this dude is passionate as heck!

@shumatsuopost 11 месяцев назад

He truly is!

@IkePaz Год назад

very cool, learned a lot.... does he employ property managers when he rents out his homes? and does he require reikin 礼金 from his tenants, and how many month(s) of shikikin 敷金 does he require from his tenants? Thanks in advance

@shumatsuopost Год назад

Good question - I think he manages his all of his rentals

@KickAssets 4 месяца назад

I manage them all, but I use companies to find tenants at times. I charge reikin sometimes, but no shikiin. Really depends on the property tho.

@Robertdiamondking Год назад

The Canadian is low on his rent estimates for CA. Also he doesn’t talk about expenses for repairs. 10 houses is 10x potentials issues. Also the appreciation of property in Japan doesn’t compare. Maybe it’s changing a little but for the most part the house continues to lose value as opposed to US where sometimes you can do nothing regarding renovations and still have it increase. That said a lot of good information.

@shumatsuopost Год назад

He's aware that most houses in Japan don't appreciate. He manages all of his rental on his own and has a system to keep the operational costs low.

@randomguymaniac 5 месяцев назад

do you videos about the taxes of owning akiya , renovating , and the every 30 years must renovate rule ?

@shumatsuopost 5 месяцев назад

I actually have :) Wait, Is there a rule that you need to renovate a house every 30 years?

@smudgepost Месяц назад

Awesome video! - I too had my bike stolen in Vancouver..

@shumatsuopost Месяц назад

Sorry to hear that!

@youngsahm03 Месяц назад

Really appreciate this conversation and the honesty and realness of the answers, especially focus on the time it takes. Besides marrying a Japanese national or being a Japanese diaspora member, is there a way to overcome the obstacle of visa and permanent residency? As a real estate investor can you receive an investor visa by forming an investment company to manage real estate properties?

@Felixkoifish 23 дня назад

Thanks for the video and for sharing. Investing in property in Japan can be more challenging due to: - Language barriers - Permanent residency - Risks of earthquakes and tsunami Could you share more information on these topics or provide any video clips on them ? I believe these are concern for most people. Thank you.

@leighnisbett9691 16 дней назад

I like this guy's idea of owning multiple houses in another country and one of them is a man cave /office for his rental properties and a place to relax while having a break from work and it's next door to his main residence , so the commute is just leave your main residence and walk next door .

@shumatsuopost 15 дней назад

Glad you liked it!

@Big-Wonka Год назад

I just subbed to his channel earlier also haha

@KickAssets Год назад

Yup! Hello Master Builder

@Big-Wonka Год назад

@@KickAssets Lol hey man. I'll definitely pick your brain at some point, if you don't mind.

@NeilHaskins Год назад

Thanks. This is really helpful.

@shumatsuopost Год назад

Thanks for watching!

@cml9797 10 месяцев назад

Awsome sharing❤❤

@shumatsuopost 10 месяцев назад

Glad you like it!

@cpcreit 10 месяцев назад

Colin reminds me of Joe Pesci back in the 80's. Rough on the edges but straight to the point (for anyone serious in emulating what he has done, it's a good start). There is one thing I would like to add: Japanese renters in general are more dependable/trustworthy, compared to majority of the world. When I rented furnished apts to them in China, they were always easy to deal w/ and never worry on their ability to pay. In the US, commercial landlords love credit/corp rated tenant since the check always hits on the 1st to 3rd of the month vs independent operator who drags till the 10-15th.

@KickAssets 3 месяца назад

Thanks! Pesci was one of my favs back then. "Great the rats have their own Jacuzzi." The Super :D

@xporkrind 11 месяцев назад

Absolutely love this video. You are both intelligent with strong points of view. But Collin is challenging my preconceived notions that it's too dangerous to ever invest in Japanese real estate. Fascinating discussion.

@shumatsuopost 11 месяцев назад

Glad you like it!

@philgoescrazy Год назад

He's a full power beast

@shumatsuopost Год назад

Yes, he is :)

@bt6875 2 месяца назад

Being a landlord is definitely not for everyone....

@AlistairAVogan 6 месяцев назад

I am Canadian as well. Everything he says about Canada is true. And, Japan is very safe. But the Emirates is safer.

@KickAssets 4 месяца назад

One of my friends was working in the Emirates and was saying similar.

@AlistairAVogan 4 месяца назад

People will leave their computers or wallets on the table in a restaurant or cafe when they go to the washroom. We don’t think about locking our doors until we go to sleep.

@KickAssets 4 месяца назад

@@AlistairAVogan Yup same as Japan. It's a priceless feeling to have.

@HowardRider-ed5pm 3 дня назад

Obviously an amazing person. A great mind. How much coffee does he drink everyday? A great video. Thanks for all the information. I like the way he actually aknowledges God a few times too! Brilliant. Truly an inspiration.

@savusilviu 2 месяца назад

You misspelled Switzerland when you were mentioning safe countries

@thisoldjapanesehouse 10 месяцев назад

I love Colin's investor mindset. My husband (Japanese) and I (Half Japanese American) also live in a 100 year old farmhouse in the country that we paid for in cash. (With the help from relatives) The idea of renting out our house sounds nice but I have known of two rental houses that the occupants accidently burnt down. Oh my god. I guess that's the risk you take. Definitely food for thought.

@beatpirate8 Год назад

i would like to invest somewhere where i want to visit. i enjoy bird watching here amongst many things. i do wish as an american i can get more vacation to spend a month here at least to get to go to a flower festival! i just bought my first home in oakland and renting it all out living in a garage. its so expensive here and not safe. i dont really enjoy living here esp in pandemic times and antiasian times.

@shumatsuopost Год назад

Hope it would work out well for you!

@Pi1sbury Год назад

Great vid how did you get involved in buying real estate in America ?

@shumatsuopost Год назад

Thanks! Lots of reading books and listening to podcasts :)

@icykool21 5 дней назад

@shumatsuopost can you buy multiple akiya properties right next to each, and merge it together into 1 property.

@jerryjackson4345 5 месяцев назад

What is the name of this area? Trying to look at places around the same distance outside of tokyo

@jassasu7010 8 месяцев назад

Japan is the place that u can live Safe with good people/neighbors

@shumatsuopost 7 месяцев назад

100%🙌

@TheOriginalNiceGuy Год назад

He’s a bit rough, but I agree 100% with everything he said. We have a lot of similarities in our background.

@shumatsuopost Год назад

He's not a typical Canadian - he is more Japanese

@twowheelsintokyo7039 3 месяца назад

When I was a young man, I worked for a guy who made his fortune in real estate. As a way to get rich, he didn't recommend it. Between the cost of maintenance, dealing with people who fall behind on their rent, natural disasters, the vagaries and fluctuations in real estate prices, it's more work than people think. If you have an independent income, significant savings, or a job which isn't location-dependent, Japan can be a great place to find a great deal on a great home (outside the cities). But home prices in the countryside are low for a reason, lack of jobs, low wages for what work there is, and almost nothing in the way of entrepreneurial opportunities. It's very easy to find cheap real estate in Japan, but it's very hard to get an income out of it.

@tom_tom775 4 месяца назад

Yes I need help with this to

@wllmjhuang Год назад

12:32 The population of Canada is 39 million by the way.

@pvarawat 10 месяцев назад

That is why Japan is so charming. They have culture.

@shumatsuopost 10 месяцев назад

Absolutely!

@Megamibunny Год назад

25:15 they do that here in the USA. Nice to you in your face and will talk about you behind your back and gossip. I seen and had that happen at my job.

@Mwoods2272 Год назад

I know right, people always talk crap about the Japanese doing the same thing. It isn't just the USA or Japan. it's every country. I will say Americans will talk crap about you to your face more than the Japanese.

@atomeeable 3 месяца назад

Besides cash or bank loans, is there any creative financing they practice in Japan?

@srspanksalot4501 4 месяца назад

Might actually be an opportunity to really be able to afford a house. Save while I’m in the US, buy one with cash, work on it over time and get a simple work from home job to cover my necessities.

@ductritran8637 Месяц назад

Agree 100% that japan is the safest country in the world , much safer Melbourne when I live over 40 years and far cleaner .

@gregh7457 8 месяцев назад

I've always wanted to buy jiko bukken and make them into vrbo

@japanesetranslator1122 6 месяцев назад

I offer home inspections services in English anywhere in Japan.

@TT10able 11 месяцев назад

You missed an F bomb at the end to edit 😀, but great content. You gained a subscriber.

@shumatsuopost 11 месяцев назад

Thanks for watching!

@EndlessWaltz-ml5xo Год назад

I am happy they are doing well, as for myself, I am from Vancouver as well. I have been living in Japan for over 10 years now and most of the reasons why left Vancouver I can agree with. I, too, have a successful English school as well. The video is a little misleading, that it is true any foreigner can purchase property in Japan. But Japan has a zero immigration policy. Owning property in Japan does not mean that a foreigner will be able to acquire a visa or permanent resident status because they own real estate properties in Japan. Plus, it is very difficult to immigrate to Japan, unless you marry a Japanese national.

@I_Am_Yosefu Год назад

So, in a sense, Japan is shooting their self in the foot with the strict immigration law policies .

@The.Accountant.11 Год назад

Marriage is not required. There is a point based immigration system for work visa holders. Have you read the immigration website?

@stacey_spooks Год назад

This! I’m already happily married to another US citizen and we both have remote work for ourselves so don’t need a Japanese employer. They have a shrinking population and really should make it easier for immigration for those who already have work. I would buy property in a heartbeat.

@busterbiloxi3833 11 месяцев назад

You are wrong in so many ways. Please delete your comment!

@tjuk8050 9 месяцев назад

So interesting man.

@shumatsuopost 9 месяцев назад

Glad you enjoyed it!

@SJ-lt8mx 6 месяцев назад

The only reason the Chinese haven't bought up most of Tokyo is that you don't get a permanent visa for doing so -- and thank god for that! Otherwise, locals would be priced out like in Canada, NZ and OZ, and there would be a huge housing bubble. And talk about ironic: They mention in the video how safe Japan is (I agree) but he had $20,000 stolen from his home! Ouch. Also, good point about "Akiya": maybe good to fix up and live in, but not really for investing.

@louisewatson3129 9 месяцев назад

what about Airbnb? is there money in those?

@tshepokotelo3162 5 месяцев назад

How do you buy one of these types of houses?

@bravosierra2447 10 месяцев назад

This chap has a interesting investor mindset.

@shumatsuopost 10 месяцев назад

True!

@BornToTroll-it5ju 2 месяца назад

im wondering if i should get into this...seems like with the foreigner resident influx there might be a bit of proft t in renting to non-Japanese. I've got my PR, married to Japanese. No debt. Own our own house etc. We live in Kyushu so that's where I'd be snatching them up. But how to get started though.