The Man Who Bought 110 Abandoned Houses in Japan

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What does it take to own 110 abandoned houses in 7 years?
Recently, I met someone who’s absolutely crushing it in the Japanese real estate investing game. His name is Kimura-san. In the last 7 years, he has bought and renovated over 110 akiya. He owns most of them free and clear.
So in this video, Kimura-san is going to talk about his real estate investing journey and how he bought 110 properties in Japan in 7 years.
Enjoy!
Contact Kimura-san: www.machi-sumica.com/
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#japan #realestateinvesting #financialfreedom #passiveincome #akiya #abandonedhouses #homebuyingtips #cheaphouses #housingmarket #japanhousingmarket #buyingahome #housingcrash #housingcrisis
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. Please also note that the past performance indicated in the video does not guarantee future results.
00:00 Intro
01:24 Kamifuoka Station
01:56 Interview w/ Kimura-san
13:56 Property Walkthrough
21:46 Closing

Пікірлер: 58

  • @shumatsuopost
    @shumatsuopost7 ай бұрын

    Is it a good time to invest in Japanese real estate in 2024? LIMITED SPOTS ONLY: Apply for Japan REI Program to Buy Your First Property in 3 Months: forms.gle/TMEXXqRC3rrZ5rj87 FREE Live Session on How to Buy Your First House in Japan in 90 Days -www.postfi.co/registration-page

  • @ironhell813

    @ironhell813

    7 ай бұрын

    Is this man going to sell them to other owners or is he hoarding them?

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    @@ironhell813 He helps many investors buy akiya - I'm one of them :)

  • @francodambolena
    @francodambolena7 ай бұрын

    This was incredibly informative.

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    Great to hear! Thanks for watching.

  • @NamekSaiyan
    @NamekSaiyan7 ай бұрын

    Great content

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    Thanks!

  • @tomasgrizas
    @tomasgrizas7 ай бұрын

    Super interesting! Have you thought of/explored short-term rental options?

  • @kelumakuratiya859
    @kelumakuratiya8597 ай бұрын

    Thanks for your valuable information.💪💪💪🙏🙏🙏!

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    Thanks for watching ;)

  • @lukehan451
    @lukehan4517 ай бұрын

    The whole point is to buy low cheap n care n hold for a long long time, not flip that creates a bubble like the states

  • @ironhell813

    @ironhell813

    7 ай бұрын

    Japan will never allow this and the market is such in Japan that speculators will never succeed over there in the same way. Nobody’s getting priced out of nothing over there.

  • @leonazzvibes

    @leonazzvibes

    7 ай бұрын

    why is that? I hear this all the time but just from the common sense perspective I cannot understand why flipping properties is not going to take off in Japan once more and more foreign begin purchasing properties@@ironhell813

  • @lukehan451

    @lukehan451

    7 ай бұрын

    @@ironhell813absolutely 100% agreed! The whole point is 2 buy n hodl. Ppl hoarding these properties r only speculative gamblers. Japan properties will never appreciate simply bc of a broken systematic problem btwn the generation gap

  • @ironhell813

    @ironhell813

    7 ай бұрын

    Considering the housing issues facing most former British colonies I think it’s not a problem Per se they don’t need to appreciate in value. Housing is a right not a commodity.

  • @len801

    @len801

    14 күн бұрын

    @@lukehan451 Never say never 😉

  • @MrBoDiggety
    @MrBoDiggety7 ай бұрын

    Though I was skeptical based on the park interview, I appreciated his honesty while in the Akiya. Extensive repair is needed. I appreciate the honesty. Would've liked to know more about location besides 'a residential area'. Speaking from a foreigner who is only interested in location and doesn't care how much renovation needs to be done, it would be nice to highlight other things besides the structure. Ex: nearest Lawsons, department store, grocery, etc. Thanks Shu-san for the video. Very interesting.

  • @BiruRyu87
    @BiruRyu877 ай бұрын

    great interview

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    Thanks!

  • @KoguryoKid
    @KoguryoKid7 ай бұрын

    Very interesting.

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    I think so too!

  • @cristobal.ashton
    @cristobal.ashtonАй бұрын

    Do you need some change of residency permit to buy?

  • @PlayMyMusicPlaylist
    @PlayMyMusicPlaylist7 ай бұрын

    What are the monthly and yearly cost to own these houses? In Canada some property tax are 1-5% of the value every year. Min house maintenance are $600-800/m. Repair, mowing lawn, Shoveling snow and heat are landlord responsibility.

  • @user-cs6bg4zp5q

    @user-cs6bg4zp5q

    7 ай бұрын

    Good questions, I would like to know that too.

  • @rickovanti982

    @rickovanti982

    4 ай бұрын

    Property tax per year tends to be about 1 months rent.

  • @KickAssets
    @KickAssets7 ай бұрын

    His numbers seem off. That little to fix that place seems way t0o low. It's currently a dump. I've been through this many times. Even if he did it all on his own, not sure how he can get it done for that cheap. Also the rent seems a bit high for that area for that size. I'm curious to know how he exactly got 110 properties in 7 years...that's insane. Think about it, that's like a property every 23 days and not including renos ... not to mention the funds needed. Cool that you got to chat with him. :D

  • @Asian_Connection

    @Asian_Connection

    5 ай бұрын

    Too many fake videos on KZread

  • @dubiesinjapan
    @dubiesinjapan7 ай бұрын

    One your best interview, Arrigato Gozaumasu

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    Thank you!

  • @najstephy5565
    @najstephy55653 ай бұрын

    How much would you expect that particular Akiya to purchase?

  • @lorisuemontgomery8562
    @lorisuemontgomery85627 ай бұрын

    Thanks so much Shu for this informative video. Is it possible to get contact info to this company for consulting as an potential foreign buyer?

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    Thank you for your kind words. Yes, here is the website for Kimura-san's business: www.machi-sumica.com/ If you need my company to support with communication, please fill out this form: forms.gle/TMEXXqRC3rrZ5rj87

  • @lorisuemontgomery8562

    @lorisuemontgomery8562

    7 ай бұрын

    Perfect! I will be in touch! Love your channel and so appreciate all the content!

  • @riedandan6519
    @riedandan65197 ай бұрын

    Doesn’t look like the rent of the house shown would cover the invest bet in 2-3 years so maybe not with it. I would look for something that covers the investment in 2-3 years u less you want to live there or use it as a vacation secure home,.

  • @petersunwoo
    @petersunwooАй бұрын

    Can you represent me? I have a home in Hawaii but am looking for a ski house near hakuba. Or kyoto

  • @Dave-sx3rv
    @Dave-sx3rv7 ай бұрын

    I live in Katsuura and investing in the Chiba area. I am pretty handy with renos but those costs are pretty good from my experience. A kitchen and bathroom alone of the size in that home can be up to 800,000 yen doing a lot yourself. New hot water systems, AC, electric, plumbing, flooring, painting / wallpaper. Getting rid of rubbish can be a huge cost too, theres a big list with heaps of smaller stuff too. I presume he gets whole sale prices on goods, but a tradie can be up to 20000 yen a day though. Hes obviously on a good wicket as us English say. It would be good if you do continuous videos of progress and costs on this project which would give a lot of clarity on total investment for peace of mind for potentials for your business in my opinion. Also could you mention how much did he pay for the Akiya ? Great video overall !

  • @bdsthelabel
    @bdsthelabel7 ай бұрын

    Shu The Man!

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    Thanks for watching!

  • @xorbodude
    @xorbodude7 ай бұрын

    If he is ok. Would it be possible to tour one of his completed akiya?

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    More will come on that - stay tuned :)

  • @sonicase
    @sonicase7 ай бұрын

    nice

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    Thanks for watching!

  • @Dee-jc2qo
    @Dee-jc2qo7 ай бұрын

    Loved the vid! Thanks for doing the interview. May I ask what was the purchase price for the Akiya shown in the vid?

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    Thanks for watching - glad to hear you enjoyed it!

  • @cowrevenge
    @cowrevenge7 ай бұрын

    I would be happy to be apart of Kimura-sans community\

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    It's all in Japanese but I highly recommend it - link is in the description :)

  • @reubenchang3279
    @reubenchang32797 ай бұрын

    Why interview outside when it's raining 🙈

  • @BookAndVlogs
    @BookAndVlogs7 ай бұрын

    110 houses he eating good lol

  • @shumatsuopost

    @shumatsuopost

    7 ай бұрын

    Oh yes :)

  • @Karatandstone
    @Karatandstone7 ай бұрын

    Everybody wants to rule the world…🎶

  • @agustinmartinez4853
    @agustinmartinez48534 ай бұрын

    www.youtube.com/@Meshida this guy🤨 is very looking alike

  • @dantylee3613
    @dantylee36137 ай бұрын

    give me 1... huehuehuehue

  • @torontoyes
    @torontoyes7 ай бұрын

    Honestly, 30k to 40k renovation sounds cheap.

  • @torentosangaming6733

    @torentosangaming6733

    7 ай бұрын

    Ya, but if the unit only can create $400 of revenue a month. It would take you a while to just get back your costs for renovation and we havent even factored in any other costs

  • @chrismagistrado6014
    @chrismagistrado60147 ай бұрын

    Renovation cost: $13.5k Outsourced Fee: $10k Total Cost: $23.5k Revenue: $400/month 23.5k/400/12 months = 4.9 years paid off, not including purchase price. Even if it took 20 years to pay off, that Cashflow is better than the US in most major cities. The obvious move as a US Real Estate investor is invest in Japan.

  • @ironhell813
    @ironhell8137 ай бұрын

    Please show me a person that isn’t American or Japanese buying one of these, I believe the whole system is biased.

  • @KickAssets

    @KickAssets

    7 ай бұрын

    I am Canadian and own 13 :D It's not really biased (in a bad meaning way), however, it can seem that way because they will choose Japanese or someone like me over a typical foreigner, not because they are biased, but because they want to protect their neighbourhoods and also it's a lot easier process dealing with someone who speaks and understands Japanese and its culture. That doesn't mean it's impossible for others tho..just need some effort and possibly some help. Shu and I help client beat these hurdles.

  • @user-zi1ze2ks5o
    @user-zi1ze2ks5o6 ай бұрын

    I just went to that guys website asking him for a job. I'm a 49 year old baka gaijin wants to leave America behind. You can have it!