Buying a House in Japan

In this episode of the Buying a House in Japan podcast, hosts Joey and Take record live from Tama Base Camp in Tokyo, bringing exciting updates on their real estate ventures. They discuss their new house at Tama, successful delivery of items via a Japanese phone number, and an exciting Mikoko ski property acquisition bought for a mere 3,500 USD due to its proximity to a graveyard. They address renovation challenges, such as dealing with an unreliable contractor in their Beppu property renovations, sharing advice and lessons learned. The complexities of securing services like renovation and property management in Japan as foreigners are candidly discussed, with insights on leveraging local strategies for real estate bidding. They also provide practical tips on getting a Japanese phone number to simplify various logistics like deliveries. The episode wraps up with a brief mention of the hosts' speaking engagement at an upcoming Japan Real Estate Summit.Japan Real Estate Summit: https://www.realestate.jp/00:00 Introduction and Welcome00:24 Recording Live from Tama Base Camp00:38 Navigating Japanese Delivery and Phone Numbers00:59 Diary Series and Tokyo Updates01:07 Journey to the New House01:48 Property Updates and Reflections03:22 Exciting News: New Car License Plate03:54 Sake Suite Renovation Plans05:10 Off-Market Deal in Miyoko Ski Country10:50 Challenges with Kitakyushu Property13:17 Drama with Beppu Property Renovation20:16 Final Thoughts and Upcoming Events

In this episode of 'Buying a House in Japan,' hosts Joey and Take are joined by Erik Buhrow, who shares his experience of purchasing a home in Niigata Prefecture using the Aki Mart Direct program. Discussing the challenges and adventures of buying a property in Japan, Eric's story involves overcoming misconceptions about foreign ownership, navigating the logistics of registering utilities, and arranging cultural traditions like a Shinto blessing. His background in construction and love for Japanese culture and cars adds rich detail to his journey, providing insightful advice for prospective buyers. Eric emphasizes patience, the importance of location and passion, and turning this unique homebuying process into a fulfilling adventure.00:00 Introduction and Initial Thoughts00:30 Welcome to Buying a House in Japan01:07 Meet Eric Burrow01:42 Eric's House Purchase Experience02:28 Insurance and Costs Breakdown05:49 Why Niigata Prefecture?10:21 Eric's Love for Cars13:00 The Car Buying Process in Japan18:51 Business Plans and Future Visions21:39 The Home Buying Journey24:45 Reflecting on the Journey24:59 Roofing and Renovation Insights26:04 Unexpected Challenges and Decisions27:34 Client Experiences and Advice29:54 Financial Transactions and Tips31:29 Navigating Japanese Real Estate32:07 Cultural Considerations and Trash Management36:32 Final Thoughts and Future Plans

Get your Japan Real Estate Summit Tickets here: https://summit.realestate.jp/ Ziv's Podcast: Japan Real Estate PodcastNippon Tradings International: https://nippontradings.com/In this episode of the Buying a House in Japan podcast, hosts Take and Joey welcome back highly requested guest Ziv Nakajima from Nippon Trainings International. They discuss the complexities of purchasing property in Japan, Ziv's personal journey in real estate, and insights into various market trends. The conversation also covers the upcoming Japan Real Estate Summit, featuring a diverse array of speakers and cutting-edge workshops. Additionally, the hosts delve into Ziv's personal and professional experiences, exploring his advice for prospective investors and the evolving landscape of Japanese real estate.  00:00 Introduction and Special Guest Announcement 00:48 Ziv Nakajima's Background and Real Estate Journey 02:50 Resources and Networking in Japanese Real Estate 05:16 Upcoming Japan Real Estate Summit 10:10 Challenges in Japanese Real Estate: Tenant Issues 15:21 Trends and Opportunities in Japanese Real Estate 18:50 Investing in Japanese Real Estate 20:07 Exploring Thai Real Estate Opportunities 21:24 Understanding the Right Fit for Low-Cost Properties 23:32 Buying and Selling Businesses in Japan 24:48 Personal Insights and Reflections 31:22 Daily Routines and Productivity Tips 34:09 Upcoming Summit and AkiyaMart Features

In this episode, Take and Joey share more lessons from their latest investment in a Kyuushu rental property. They discuss long-term rental strategies, renovation insights, and how to navigate Japan’s unique housing market. With tips from their expert deal-finder Keaton, they explore the delicate balance of making savvy investments without breaking the bank. Whether you’re new to Japanese real estate or a seasoned investor, this episode offers practical advice and real-world experiences.00:10 Introduction and Podcast Overview00:20 Insights on Japanese Real Estate Market01:48 Challenges and Strategies for Long-Term Rentals04:10 Renovation Tips and Tricks13:41 Negotiation Tactics and Final Thoughts

Joey and Take join Risa on her inaugural podcast and share their journey of turning a post-layoff dream into a thriving business. Discover how these two friends started AkiyaMart, a company dedicated to helping foreigners buy and renovate abandoned homes in Japan. Learn about the challenges, triumphs, and the “doer” mentality that drives them to succeed in a market most would shy away from.Find Risa's newsletter and podcast here00:10 Introduction and First Impressions06:06 The Birth of Akiya Mart16:03 Challenges and Customer Insights27:06 Embracing the Doer Mentality31:46 Challenges and Opportunities in Japanese Real Estate37:45 Future Plans

In this episode, Joey and Take dive into the exciting new features coming to AkiyaMart, including zoning and hazard maps, historical sold data, and customizable email alerts. Learn how these updates will enhance your property search experience in Japan, and get a behind-the-scenes look at the technical challenges and creative solutions driving these innovations.00:10 Introduction02:02 AkiyaMart Upgrades and SEO Efforts06:46 Challenges and Future Features18:17 Tackling Documentation and Feature Requests19:34 Dream Features for AkiyaMart24:12 Exploring Property Investments and Future Plans

Take and Joey dive into their latest adventure: purchasing a $3,500 akiya in Kitakyushu, Japan. They discuss the process of securing this bargain property, the challenges they anticipate, and the potential rewards. With insights from their trusted local contact, Keaton, who has negotiated the deal and offered to manage the renovation and rental process, they explore whether this investment could be a game-changer.Link for the property listing Contact us at "[email protected] 00:10 Intro and Podcast Memories01:05 Celebrating 100 True Fans01:19 New T-Shirt Design Collab03:14 Upcoming Tokyo Event04:12 New Property Acquisition in Fukuoka15:55 Assessing the Property's Viability17:06 Documenting the Process18:12 Exploring Kitakyushu and Travel Plans21:09 Tax Implications22:10 Final Thoughts and Future Plans

In this episode, Joey and Take dive into the challenges of setting up and managing a business bank account in Japan as foreigners. They share their frustrating experiences with Japanese banking technology, the complexities of accessing online banking, and the unexpected hurdles they encountered along the way. If you're considering doing business in Japan or just curious about the realities of Japanese banking, this candid discussion provides valuable insights and warnings. Tune in to hear their plans for overcoming these obstacles and their thoughts on finding better banking solutions in Japan.00:10 Introduction and Greetings00:23 Recap of Previous Episode00:33 Japan's Economic State01:21 Banking in Japan: An Overview01:51 Challenges of Opening a Personal Bank Account02:30 Setting Up a Business Bank Account06:27 The Struggles with Online Banking08:40 Comparing US and Japanese Banking10:02 Frustrations with SMBC18:32 Conclusion and Final Thoughts

Description: In this episode, Joey and Take discuss the recent fluctuations in the yen and their impact on Japan's real estate market. Joey, with a master's degree in macroeconomics from Cambridge, explains the yen carry trade, the Bank of Japan's interventions, and the resulting effects on exchange rates and the stock market. They also share insights on how these changes influence property prices for foreign buyers and offer practical advice for navigating these economic shifts. Plus, they talk about the latest developments at Tama Base Camp and their exciting new property venture in Hiroshima. Tune in for a blend of economic analysis and real estate strategies.00:10 Introduction and Welcome00:23 Back from Japan: Travel Stories01:14 Tama Base Camp Rental Details02:03 Market Predictions and Yen Carry Trade04:39 Impact of Exchange Rates on Property Prices07:29 Understanding the Yen Carry Trade09:42 Bank of Japan's Actions and Market Reactions15:04 Global Economic Factors and Their Effects17:03 Real Estate Trends and Affordability19:13 Conclusion and Future Plans

In this episode, Joey and Take interview Kendall Bharath, a preferred agent with AkiyaMart based in Hokkaido. Kendall shares his experiences living in Japan for over a decade and provides a deep dive into the real estate market in Hokkaido. From the challenges of managing properties in snowy climates to the cultural nuances of buying homes in Japan, this episode offers valuable insights for anyone interested in Japanese real estate. Kendall also highlights the unique charm and lifestyle of Hokkaido, making a compelling case for why it might be the perfect place for your next investment. Tune in for a blend of practical advice and personal stories that bring the Hokkaido real estate market to life.00:00 Introduction and Welcome00:31 First Impressions of Tama Base Camp01:44 Recap of Akiyama Party04:32 Kendall's Background and Journey to Japan06:46 Life in Hokkaido and Real Estate Insights11:39 Challenges in Japanese Real Estate Market12:05 Cultural Norms in Japanese Workplaces14:14 Negotiating Commissions and Offers19:59 Foreign Buyers and Market Dynamics22:56 Tourism and Community Sentiment in Hokkaido26:17 Understanding Japanese Customs26:31 The Importance of Speaking Japanese26:42 Challenges of Communication28:12 Depopulation and Housing Solutions30:35 Exploring Hokkaido: A Hidden Gem33:01 Living in Hokkaido: Nature and Lifestyle36:47 Hokkaido's Culinary Delights39:05 Real Estate Opportunities in Hokkaido45:11 Challenges and Tips for Homebuyers48:34 Final Thoughts and Farewell

Join Joey and Take as they share their experiences settling into their new home in the Tokyo suburbs. They talk about dealing with the sweltering summer heat, the quirks of their 1970s house, and the surprisingly efficient appliance deliveries. They also dive into the pros and cons of suburban life, like long commutes to central Tokyo and the warmth of their new neighbors. Plus, get an update on their renovation project in Beppu, with exciting progress and plans for furnishing the place for future Airbnb guests. It's a fun and honest look at the highs and lows of embracing life in Japan.00:00 Introduction 01:06 Rapid Fire Questions begin and House Insulation04:40 Furniture and Appliance Delivery10:40 Living Experience and Neighborhood11:50 Konichiwa Texts and Tokyo Distance12:09 Reality of Tokyo Commutes13:35 Driving in Tokyo: Costs and Experiences15:50 Airbnb Plans and Updates16:10 Beppu Renovation Progress20:00 Final Thoughts and Future Plans

In this episode of the "Buying a House in Japan" podcast, hosts Take and Joey interview Yoshi Chatani, a successful real estate agent in Japan. Yoshi shares his journey from a rock music lover to a real estate expert and offers valuable tips for foreign buyers. They discuss legal requirements, cultural differences, and real estate opportunities in Osaka. Tune in for practical advice and expert insights on buying property in Japan.Timestamps: 00:12 Introduction and Guest Welcome01:22 Yoshi's Background and Journey03:08 Real Estate Insights and Challenges11:20 New Real Estate Law and Its Impact16:53 Property Management Services21:07 Discussing Rental Contracts and Monthly Rentals21:53 Exploring Golf Courses and Memberships22:20 Opinions on Living in Tama City23:05 Future Developments and Transportation24:52 Real Estate Around American Military Bases29:22 Investment Opportunities35:56 Lightning Round: Quick Questions and Answers39:52 Conclusion

In this episode, we welcome Ryo Takemoto, one of AkiyaMart’s dedicated real estate agents. Ryo shares his experiences from growing up in Osaka to working with international clients in Japan’s real estate market. He offers practical insights into Airbnb management, investment strategies, and the exciting upcoming casino development in Osaka. Ryo's humble approach and deep knowledge make this episode essential listening for anyone interested in navigating the Japanese real estate landscape.

Take and Joey recap their first week at Tama Base Camp, appreciating Tama's spacious environment and the convenience of having a car. They recount their unpleasant stay at Fuchu Urban Hotel and a lively housewarming party.They introduce a new series featuring preferred agents and aim to modernize Japanese real estate with tech tools. They share their experiences with Amazon for home supplies, handling cardboard, and gifting cookies to neighbors.They note Tokyo's election season's quirky candidates and express concerns about Japan's economic sentiment. Lastly, they look forward to improving their home and their next property venture in Osaka.

In Episode 34, "From Keys to Comfort - Our Tokyo Base Camp Adventure," we dive into the thrill of getting the keys to our new home in Tama City, Tokyo! Join us as we explore the highs and lows of moving into a freshly renovated, turnkey property. From the breathtaking views and spacious lot to the unexpected steep hill and bustling neighborhood, every moment is an adventure. We share our first-day experiences, the surprising challenges we faced, and our excitement about transforming this house into our dream home. Don't miss this action-packed episode filled with laughter, discovery, and the joy of new beginnings! Tune in for an inside look at our Tokyo Base Camp!

In this episode of the Buying a House in Japan podcast, Take and Joey discuss the exciting milestone of closing on their new house in Tokyo. Despite Joey feeling under the weather, he shares his enthusiasm for the recent purchase and the crucial role their real estate agent, Yoshi, played in making it all happen. The duo also delves into the preparations for their move, including setting up AC units, arranging for a cleaner, and ensuring internet installation. They highlight their strategy for ordering essentials via Amazon and the importance of making the house look occupied to avoid delivery issues. Additionally, they touch on their plans to film their first impressions of the new home and the logistical challenges of moving into a house sight unseen. Tune in to hear their insights and tips for navigating the Japanese real estate market.

In this episode of the Tokyo Base Camp series, Joey and Take reminisce about their college days and the infamous Daigoro Shochu. They dive into their recent experience of buying a second house and the process of purchasing a car in Japan. With the help of their friend Ken, an expert in the Japanese car market, they explore options on Mercari and navigate the complexities of registration and shipping. Tune in to hear about their journey from shochu memories to minivan dreams, and get insights into the practical aspects of owning a car and house in Japan.Link to car we're buying: https://jp.mercari.com/en/item/m66076636937

Pictured the house we bought BEFORE it was flipped.In this episode of the "Buying a House in Japan" podcast, hosts Take and Joey dive into their latest real estate adventure with updates on their Tokyo Base Camp property purchase. They share detailed insights on the closing process, the unique challenges of navigating Japanese real estate, and the intricacies of commission structures. The episode also touches on the cultural nuances and legalities that set Japanese real estate transactions apart from those in the U.S. Whether you're a seasoned investor or just curious about buying property in Japan, this episode is packed with valuable information and firsthand experiences.

Property listing: Tokyo Base CampIn this episode, Joey and Take celebrate their successful offer on a turn-key property in Tokyo for $115,000. They start with a fun chat about getting a Breville espresso machine as a business expense. They then detail the new Tokyo property, highlightingits spaciousness, recent renovations, and prime location next to a U.S. military golf course, while noting its distance from central Tokyo and some minor structural concerns.They share their experiences navigating the Japanese real estate process, including the challenges of not performing a home inspection and transferring the deposit. Despite these hurdles, their offer was accepted after the initial buyer's mortgage fell through.Joey and Take outline their next steps, such as transferring the deposit, setting up utilities, and planning their move-in. They discuss furnishing the house and express excitement about having a yard, a potential sauna, and proximity to Costco. The episode wraps up with their plans to document their journey and future steps in upcoming podcasts.

Watch the video walkthrough | View the listingIn this episode, Asa Nakano joins us to discuss her stunning cabin for sale in Susono, Japan. Situated near Mount Fuji, the two-story cabin features three bedrooms, two bathrooms, and a spacious wooden deck, perfect for enjoying the serene, natural surroundings.Asa highlights the property's convenience, being just an hour's drive from Tokyo and close to amenities like Mishima's Shinkansen station and Yeti Ski Resort. She emphasizes the peaceful community and the recent renovations that make the cabin move-in ready.Asa is selling the house furnished, making it ideal for those seeking a tranquil retreat or a permanent home away from the city. Interested buyers can contact her via LinkedIn or through the podcast team for more details.

Property Listing: Tama/Tokyo Base CampTake and Joey are back with another attempt to secure a Tokyo akiya, this time in Tama City. They're eyeing a 1971 home, listed at 18 million yen (about $115,000 USD), which offers a spacious lot and recent renovations. Dubbed "Tokyo Base Camp," this property could serve as their new headquarters.They discuss the pros, such as the attractive price and move-in readiness, and the cons, like the suburban location's distance from central Tokyo. Despite the challenges, they're excited about the potential of having a stable home base in Tokyo.Join them as they share their plans, weigh the property's benefits and drawbacks, and take steps toward securing their new Tokyo home. Will this be the one? Tune in to find out!

Joey and Take discuss their Japanese real estate journey, reflecting on their first house purchase in Beppu and the current search for a second property. They share challenges of banking in Japan and their attempts at buying a house in Tokyo.Property listing: Crow LuxKey Points: Property Search: Their low offer on a Tokyo house was rejected due to moisture issues. Banking Challenges: They detail the slow process of opening and managing a bank account in Japan. Real Estate Consultations: They focus on consultations and connecting buyers with reliable agents after challenges with virtual viewings. Future Projects: They plan to offer original listings and advanced risk assessment data through collaborations with data scientists. Market Sentiment: Growing interest in Japanese real estate prompts them to advise acting soon.Joey and Take encourage listeners to book consultations for more insights.

Link to the property: Crow Mountain In Episode 26 of the "Buying a House in Japan" podcast, hosts Take and Joey discuss their recent offer on an Akiya (abandoned house) in Tokyo. They reflect on their past experiences, including purchasing a property in Southern Japan, and share updates on their journey. The Tokyo property appears promising at first, with Joey noting its immediate livability compared to their previous purchase. However, upon closer inspection, issues arise, including moisture damage, termites, rot, and mold. Despite these challenges, the hosts debate the decision to proceed with a lower offer and express optimism about their future endeavors in Tokyo. With the outcome pending, listeners are left on a cliffhanger, awaiting the next episode for further updates.

In this episode, Take and Joey discuss the intricacies of closing costs with Kendall Bharath, a REMAX real estate agent based in Hokkaido, Japan. Kendall explains the appeal of Hokkaido for its exceptional snow conditions, ideal for skiing and snowboarding, and shares his journey from teaching to real estate. The episode focuses extensively on the specifics of closing costs associated with purchasing property in snowy regions like Hokkaido, emphasizing the challenges and expenses of maintaining properties in areas prone to heavy snowfall.Kendall provides detailed information about broker commissions, registration fees, and property management expenses, particularly for older buildings that require significant upkeep. The discussion also covers practical advice for potential investors considering the Hokkaido real estate market.For more information or to contact Kendall Bharath, reach out via:- **Phone**: 090-2877-2602- **E-mail**: [email protected] in a condo similar to the one discussed in the podcast? View the listing here: [View Condo Listing](https://www.iri.ne.jp/property/detail.php/b/100348807).

Take and Joey start Episode 24 by discussing the Japan Real Estate (JRE) conference (recording link here) that Joey attended in Tokyo. The conference, organized by Nippon Tradings International (NTI), covered key topics for foreigners interested in the Japanese real estate market, including low mortgage rates, navigating Japanese property laws, and tips for investing in rural Japan. Joey shared his experience giving a talk at the event, where he highlighted some of his personal insights and data-driven advice on real estate trends in Japan. The conversation then shifts to an update on the renovation progress at their akiya (abandoned house) in Beppu. They discuss new plumbing, kitchen upgrades, and plans for insulation. Additionally, they talk about the installation of a Hori Kotatsu, a traditional sunken table, which is nearing completion.Next, Take and Joey discuss their Tokyo akiya hunt, focusing on a property near International Christian University (ICU) that Joey visited. The house has some roof damage, raising concerns about potential repair costs and the logistics of dealing with neighbors.In the final segment, Joey explains how they managed to buy a car in Japan on a tourist visa. Here are the key steps:1. **Proof of Residence**: Obtaining a notarized document to prove residence at their house in Beppu.2. **Shakensho**: Acquiring the vehicle's certificate of registration and compulsory inspection.3. **Registration Meeting**: A Gyosei Shoushi (administrative scrivener) checks the parking spot and submits the necessary documents to update the registration.4. **Final Registration**: Receiving the updated Shakensho with Joey's name as the new owner.5. **Insurance**: Setting up car insurance and understanding additional steps for other drivers.The episode ends with Take and Joey reflecting on the complexities of buying a car in Japan as a tourist and how service providers like Nippon Bridge helped guide them through the process.

Video link: https://youtu.be/6rO1YfMwjN4In preparation for their presentation at the Japan Real Estate Summit on April 6th, Joey and Take rehearse their insights on the "Dear Diary Series: Japan Real Estate Summit Presentation." They introduce AkiyaMart, their platform designed to demystify the Japanese real estate market for foreigners with its user-friendly design and AI-enhanced listings.Sharing personal stories that led to AkiyaMart's creation, they emphasize the platform's role in overcoming the challenges of navigating Japan's real estate scene. They explore data insights revealing foreign buyers' preferred prefectures, market hotspots, and the price disparity between Tokyo and other areas.An AkiyaMart quiz offers intriguing facts about prefectures known for their unique characteristics, such as climate and real estate affordability. Concluding with a promotional offer, Joey and Take highlight their mission to bridge the gap between Japanese real estate and international buyers, previewing their upcoming summit presentation.

JREP Summit Event Description + Tickets: https://nippontradings.com/japan-real-estate-summit-spring-2024/Shizuoka Warehouse: https://akiya-mart-staging-b358b27c51df.herokuapp.com/listing/192828In this episode, Joey and Take dive into their preparations for an engaging Akiyama quiz at the upcoming JREP conference in Tokyo.They discuss potential changes to the podcast's intro to keep it fresh for the next season and reflect on the importance of consistency. The duo shares updates on their Akiya ventures, including considerations around a row house in Tokyo and the discovery of an intriguing warehouse property in Shizuoka, which offers vast potential for creative and living spaces. They also introduce Akiya Mart Research, a new service designed to provide deeper insights into properties for interested buyers, and mention their first B2B listing opportunity in Shizuoka. The episode wraps up with a look forward to Joey's participation in the JREP conference, where they aim to deliver a fun and informative presentation.

In Episode 22 of the "Buying a House in Japan" podcast, hosts Take and Joey sit down with Rob Arimoto from Shimax Legal, offering a wealth of knowledge on navigating Japan's legal landscape for foreigners. Rob, a seasoned judicial scrivener with a diverse background spanning IT and legal services, has been instrumental in helping the hosts through their journey. This episode provides a comprehensive look at crucial topics like the role of a Shihoshoshi, forming a company in Japan, and navigating the Business Manager Visa process.Key Timestamps: Understanding Shihoshoshi [00:01:00-00:02:00] Forming a Company in Japan [00:16:00-00:28:00] Navigating Bank Accounts and Legal Nuances [00:28:00-00:39:00] Business Manager Visa Insights [00:39:00-00:53:00]Rob also introduces the diverse landscape of legal professionals in Japan, including Bengoshi (lawyers), Shihoshoshi (judicial scriveners), Gyoseishoshi (administrative scriveners), Zeirishi (accountants), and Sharoshi (specialists in social insurance and payroll matters), highlighting the specific roles they play in Japan's legal procedures.For more information on Shimax Legal and to reach out to Rob for assistance, visit their website at Shimax Legal  (https://shimax-legal.com/en/home-en/) and contact them through the inquiry form or directly via email.

In Episode 21, Take and Joey navigate contractor setbacks, deliberate AkiyaMart's pivot towards a B2B model, and plan for Tokyo property purchases. They share the complexities of establishing a legal entity in Japan for their business, touching upon rebranding considerations due to expanding beyond Akiya listings. The episode also explores their ambitions to host a launch party and their contemplation of two Tokyo properties, weighing the benefits of each for future Airbnb ventures and potential business expansion. Contractor Crisis and Project Delays [00:02:00] Establishing a Legal Entity in Japan for Business [00:11:00] AkiyaMart's Pivot and Rebranding Considerations [00:17:00] Planning for a Tokyo Property Purchase [00:24:00]For further insights into their adventure and helpful resources, Take and Joey have provided the following links: Explore Japanese Real Estate Finder Akiya-Mart: Akiya-Mart Watch a video tour of their house project: Vimeo House Tour Read their feature in Business Insider about the trend of buying abandoned homes in Japan: Business Insider Article

In Episode 20 of the "Buying a House in Japan" podcast, Take and Joey, insights and answer the top five frequently asked questions they've encountered. They discuss their personal experiences, from the reasons behind the low cost of houses in Japan to the feasibility of owning property as a foreigner and the potential for using such properties for Airbnb. The episode is packed with practical advice, including discussions on hidden costs, the process of buying, and the implications for visas. Here are the timestamps for the top 5 frequently asked questions they highlight:1. Why are houses so cheap, is it a scam, and do I own the land? [00:04:00]2. What are the true costs involved in buying a house? [00:07:00]3. Can I own as a foreigner, and does buying a house help with getting a visa? [00:12:00]4. Can I Airbnb the property? [00:17:00]5. What are the next steps if I want to buy a house?  [00:20:00]This episode serves as a comprehensive guide for anyone interested in purchasing and possibly renovating a house in rural Japan, with Take and Joey sharing both their successes and the challenges they faced along the way.Japanese Real Estate Finder: www.akiya-mart.comVideo tour of our house: https://vimeo.com/878142072?share=copyBusiness Insider feature: https://www.businessinsider.com/people-moving-buying-abandoned-homes-japan-let-foreigners-own-home-2024-1

Show notes:-Nippon Trading International's website: https://nippontradings.com/-Ziv's podcast: Japan Real Estate Podcast-Video version of show: https://share.descript.com/view/17E0G5e2Xjd-Akiyamart Deal Analysis: https://www.akiya-mart.com/listing/1991201Summary:Introduction [00:01:00]: Ziv Nakajima Magen, a key figure in property acquisition for foreigners in Japan, joins the "Buying a House in Japan" podcast.Ziv's Role and Company [00:02:30]: Ziv discusses the services of his company, Nippon Tradings International (NTI), which assists foreigners in navigating the Japanese property market.Market Insight [00:05:00]: Focuses on investment properties and the Akiya (abandoned homes) market, highlighting the language and cultural barriers in Japan's real estate industry.Advice for Buyers [00:10:00]: Emphasizes patience and understanding of Japan's unique market practices. Advises against expecting quick profits from property flipping in Japan.Ideal Buyers [00:15:00]: Suggests that those with some familiarity with Japan or seeking stable investments would find the market suitable.Future Plans [00:20:00]: Discusses expanding NTI's services to cover broader needs of foreigners in Japan.Deal Analysis [00:25:00]: Ziv evaluates a condo investment in Fukuoka, offering insights on potential yields and considerations for older buildings.

What's in This Episode? Big News! They got featured in Business Insider, which brought tons of visitors to their website. A surprise, but a happy one! Investment Tips: They're exploring high-yield condos in Japan - turns out, there are some really good deals out there! Renovation Update: A bit of a delay on their house renovation, but they're hopeful it'll be done by April. Business Setup: They're diving into the world of Japanese business, choosing 'Takamori KK' as their company name. A bit of history and strategy mixed in there! Life & Laughs: From allergies to their favorite Tonkatsu spot, and plans for a company meetup, the duo shares a bit of their life in Japan.Japanaese Real Estate Finder: www.akiya-mart.comVideo tour of our house: linkBusiness Insider feature: link

This is a repost of Nippon Tradings International's "Japan Real Estate Podcast" with Ziv Nakajima-Magen.Full Video with DemoNippon Tradings International's websiteEpisode 17 summary: Take and Joey's Akiya Journey: Learn how Take, a licensed California real estate agent, and Joey, a software engineer, teamed up to buy an Akiya property in Japan and the challenges they faced. The Birth of AkiyaMart: Discover how Joey and Take developed Akiya Mart, an online platform that simplifies the process of finding and understanding Japanese property listings for English speakers. Featured Properties and Insights: The episode provides a detailed walkthrough of Akiya Mart, highlighting its features, user interface, and the type of properties available. Future Plans for Akiya Mart: Take and Joey discuss upcoming features and potential expansions, including themed listings and providing more detailed insights into the Japanese real estate market. Audience Engagement: The hosts encourage listeners to reach out with feedback and participate in a free consultation for first-time buyers in Japan.Japanese Real Estate Finder: www.akiya-mart.comVideo tour of our house: https://vimeo.com/878142072?share=copy

In Episode 16, Take and Joey discuss the importance of considering earthquake resistance when buying property in Japan. They reflect on their experiences with significant earthquakes, including the 2011 Tohoku earthquake, and highlight Japan's evolving building codes post the 1995 Kobe earthquake. Emphasizing the necessity for properties to adhere to current earthquake-proofing standards, Joey remains optimistic about investing in Japanese real estate despite the natural disaster risks. The episode focuses on the critical need for awareness and preparedness for earthquakes in Japan for potential property buyers.Japanese Real Estate Finder: www.akiya-mart.com Video tour of their cheap Japanese house: Vimeo Video

In episode 15 of their podcast, Take and Joey discuss their real estate ventures in Japan. They celebrate purchasing a house in Japan within a year, to be completed in February, bought outright without a mortgage. They update on the development of their website, Akiya-Mart (www.akiya-mart.com), a platform for Japanese real estate focusing on abandoned houses ('akiya'). The site is transitioning from beta to a viable product with improved features.They also delve into the complexities of setting up a business entity in Japan and navigating real estate regulations, such as obtaining a Minpaku license for Airbnb or a hotel registration. Their conversation includes potential plans to expand into Tokyo's real estate market, considering properties for Airbnb or even a boutique hotel as a long-term goal.The podcast concludes with appreciation for their website's growth and future development plans, along with a shout-out to Joey's father, Ron, for his influence and support.Plugs: Akiya-Mart for Japanese Real Estate: www.akiya-mart.com Video tour of their cheap Japanese house: Vimeo Video Shu Matsuo's YouTube video on forming an entity recommendation: YouTube Video

In the podcast episode "Why are Houses in Japan So Cheap?", hosts Take and Joey explore various factors contributing to the low cost of houses in Japan. They discuss the abundance of abandoned homes, especially in rural areas, and the impact of Japan's economic stagnation and demographic shifts, such as population decline and the younger generation's preference for urban living. The episode also touches on the cultural inclination towards new items, the perception of houses as depreciating assets, and the favorable US dollar to Japanese yen exchange rate. Additionally, they mention impending taxes on abandoned properties, which could further increase the supply of houses. The hosts caution against the notion of "free houses" in Japan, noting the need for significant renovations and the associated costs.Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

The hosts Take and Joey celebrate surpassing the typical podcast milestone of 12 episodes. They reflect on their recent experiences in Japan, particularly the challenges and insights gained from setting up an Akiya (abandoned house) in Beppu. The episode covers a range of topics, from renovation struggles like a completely gutted kitchen to logistical issues such as the importance of having a local phone number and cash in a cash-based society. They also discuss the benefits of quick decision-making, the invaluable help from a local 'fixer,' and the insights gained from living in the Akiya during renovations. The hosts conclude the episode with enthusiasm for their ongoing project and look forward to future developments.Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

In this episode, Joey and Take discuss their experiences and updates from Japan. They chat about headphones, reflect on Thanksgiving, and share updates on their house construction, including the installation of a horikotatsu in the living room. They talk about Akiya Mart, their house search tool, and its new features.The duo shares insights from their interview with the Nikkei Shimbun about Japan's increasing abandoned houses. They discuss the challenges in dealing with these properties and interactions with local real estate agents, highlighting the issue of Japan's aging population and its impact on housing.As they prepare to leave Japan, they mention their job hunts and the future of Akiya Mart. The episode concludes with a humorous note about the problem of wild animals in abandoned homes.Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

Joey and Take discuss their real estate ventures in Japan, focusing on using self-directed IRAs and 401Ks for property investment. They highlight the complexity and potential of this strategy, especially in areas like Tokyo. The episode also covers their experiences with house renovation, the challenges of poor insulation in Japanese homes, and updates on their website Akiyamart, a platform for Japanese real estate discovery. They conclude with reflections on their financial situation and the learning opportunities from their projects.Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

Take and Joey are both jobless at the moment and are trying to figure out how to make some money. They have hired a contractor to renovate the house, and they are also looking for ways to scale their business so that they can buy more houses in the future.In this episode, they discuss their progress on the renovation, their plans for the future, and their concerns about running out of money.Japanese Real Estate Finder: https://www.akiya-mart.com/ Video tour of our house: https://vimeo.com/878142072?share=copy

Joey & Take share an update on the recent fire that occurred near their house in Beppu, Japan. They discusses their interest in potentially buying the land where the burned house stands. They also talk about their experience with two contractors, with one offering a surprisingly low quote for their renovation project. The episode concludes with Joey preparing for a Halloween party and describing his costume, which is inspired by the movie "How High."Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

Take and Joey discuss their experiences with two contractors as they plan renovations on their house in Japan. They provide insights into their interactions with these contractors and their cultural nuances, emphasizing the importance of cultural understanding when working with Japanese contractors. The contractors measured, discussed earthquake-related concerns, and made suggestions for their home. Take and Joey both prefer the smaller, more independent contractor (Contractor A) over the larger company (Contractor B), due to their willingness to accommodate customization. They anticipate quotes for the renovations in the range of 6 to 8 million yen (approximately 40,000 to 70,000 USD) for Contractor A and expect Contractor B's quote to be higher. The contractors' professionalism, focus on measurements, and consideration of earthquake safety were notable takeaways. They are eager to see the quotes and share more details in a future episode.Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

Take and Joey tackle the post-Fukuoka cleanup after a night out. They share their experience with a cleaning service that helped with a massive amount of trash, including construction materials. The service also tackled the removal of sticky tape residue from windows.They discuss the intricacies of trash sorting in Japan, which can be quite different from other countries, focusing on the burnable vs. non-burnable categories and some exceptions.The duo also shares their experience with a local gym and its pricing, as well as the convenience of nearby coin laundry facilities. They mention the ease of finding used goods in recycle shops and express their desire for lower prices in some cases.Overall, they reflect on the progress they've made in making their new house feel like home in just two weeks.Stay tuned for more insights into their journey as they work on their house in Japan.Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

The hosts, Take and Joey, reflect on their first 10 days living in a cheap abandoned house in Japan. They discuss their experiences and challenges, such as the need for DIY renovations, assimilating into the local community, and adapting to Japanese culture. They also compare their property to a more expensive, move-in-ready option they considered in another area. They emphasize that this adventure is suitable for people who have a deep love for Japan, are ready for some rough living conditions, and are willing to make an effort to connect with the local culture. They discuss the potential for future opportunities in the area and their upcoming plans.Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

In this episode the hosts, Take and Joey, discuss their recent experiences in Japan as they work on renovating an abandoned house. They share their progress, including improving their living conditions, finding a fixer to help with language barriers, and exploring local onsen (hot springs). They also mention their plans to visit another potential real estate property in a different area. The hosts express their excitement and satisfaction with the purchase and their overall experience in Beppu, Japan. They discuss the cost of living and the friendliness of the locals they've encountered. The episode is filled with enthusiasm and optimism about their project and their future in Japan.Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

In this podcast episode, Joey and Take discuss their recent move to Beppu, Japan. They initially had a challenging experience upon arrival, finding their new house in worse condition than expected. Quickly adapting, they embarked on cleaning and making necessary improvements. Despite the initial difficulties, they are excited about the potential in Beppu and are determined to make their house suitable for their standards.Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

Take and Joey have just landed in Tokyo and are staying with a friend. They discuss their travel experiences, plans for furnishing their new house using Amazon, and their excitement about exploring Tokyo. They also talk about their upcoming drive to Beppu, where their new home is located. The episode offers a glimpse into their adventures and preparations for this new chapter.Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

In this episode, the hosts, Take and Joey, discuss the pros and cons of buying a house in Japan. They present five reasons to buy a house in Japan, which include:1) The ease of purchasing property as a non-resident, 2) Favorable exchange rates for the US dollar, 3) Affordable housing and cost of living, 4) Japan's appealing culture and 5) Japan's safetyOn the flip side, they provide five reasons not to buy a house in Japan, including:1) The potential need for extensive renovations, 2) Language and cultural barriers, 3) The depreciation of real estate in Japan,4) The risk of natural disasters like earthquakes and landslides5) %he long travel distance for those living outside of Asia. Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy

In this episode, hosts Take and Joey share their experiences and insights into purchasing their property in Japan.Their goal is to help others navigate the process of buying a house in Japan by sharing their own journey. The episode covers the following eight steps: Identifying a Property Connecting with an Intermediary Virtual Viewing Offer Extension and Negotiation Home Inspection and Final Offer Funds Transfer Transfer of Title Getting the KeysThe hosts emphasize the importance of patience in the process, the need for due diligence, and the invaluable role of a knowledgeable intermediary.They conclude by encouraging anyone interested in buying property in Japan to take the plunge, as the process was manageable and enjoyable to learn.Japanese Real Estate Finder: https://www.akiya-mart.com/Video tour of our house: https://vimeo.com/878142072?share=copy