Is that $250,000 place that price now, or when you have the deposit in 3 years time? Is that $100 dollars a week after taking the rent into consideration, as the loan repayments would be around 350 per week I think. How many years are you waiting to see the property appreciate to $360,000? How old are you at the moment?

Just thought I would add my two cents.
A lot of those cheaper apartments are for investors only….ie you can buy it but can’t live in it. If you are needing to live in the place then these are no good for you.

Good question.
There is a kids day in Japan. It is coming up soon on the 5th of May. Maybe kids should campaign for one in Aus!

427 for me. This is tough…

98 for me, and a 10 penguin score of 647.1

On about my 647th try though…..

As you are putting the balls on the scale, you put one on the left side, one on the right side. Then you have an expected pattern. Left goes down, back to level, left goes down, back to level. If you get something different to this pattern, i.e. left goes down, stays down, you can narrow the ball down to two balls…compare these balls to one of…[Read more]

Here is the calculation for monthly repayments as from the westpac calculator from realestate.com.au:

=(B2*(1+B3/1200)^(B4*12)*B3/1200)/((1+B3/1200)^(B4*12)-1)

B2 is the pricipal amount (eg $100000)
B3 is the interest rate (eg 6.5)
B4 is the loan term (eg 30 years)

To get the fortnightly repayments as from the westpac calculator…[Read more]

Thanks Jason.

As I am working in Japan, I don`t actually pay anything off my HECS at the moment. It just keeps getting bigger. Nice to hear that no one seems to care about the HECS debt, as it is the only debt I have.

Scott

Howdy.

Sounds interesting Terry. As I can see myself coming back to Japan frequently, seems like a good idea to invest over here. International portfolio…nice ring to it.

Scott

Hey David.

Just suggesting the idea about the company for when you start work over here. Been looking at a few apartments in Nagoya, looking for extra costs. From what I have seen, body corp and sinking funds(or Japanese equivalent) can range between 10000 to 20000 yen per month (combined). That was in the city, and larger places had higher…[Read more]

Hey David,

Centre of Kobe for under 5mil, sounds really good. I think that with the building being so old, one of the biggest things to consider is earthquake resistance. I recall hearing something about builders changing to a better structure around 10 years ago or so. I have only been looking at places 10 years or younger.

You are right about…[Read more]

Hey David,

Yes, I would invest over here if I were staying in the country another few years. A little more research into hidden costs would be a deciding factor though. Assuming you are investing for cash flow and not capital gains, I think Japan would be a good place. Another member on the forum has put offers on places from Japan, see the post…[Read more]

Hey Hungry,

Very impressed that you did it all from Japan. I am not ready personally to purchase yet, I am still developing my plan, researching etc. A lot of things to think about…but exciting also.

I have pretty much decided on a level I would like to keep my HECS debt at, so once I acheive that, I will slowly pay it through the tax system,…[Read more]

Hey Guys,

From what I hear talking to people, if you have the money it is easy to buy here, and if you don`t you can`t borrow here, so tough. As for the prices of properties here, I have only just started looking at them. Was dead keen to invest in Aus, but with the price rises there decided to have a look around here.

I live in Nagoya, which is…[Read more]

Thanks for the replys Hungry and Terry. I am in a position to pay it off now, which would mean $13000 after the discount. I feel that paying through the tax system is better for me, as that money could be spent more productively.

Going along with inflation, not interest. Thanks for that. I thought that was the case, must be where I got the 3%…[Read more]

Hey Hungry,

Another in Japan hey, popping up everywhere. I know what you mean about the cancer growing in the background. Just from a purely financial point of view, does it make sense to pay it off?

How long have you been over here? What part of Aus are you from?

Scott

Hey David.

I haven`t been to any banks to find out about getting a home loan. I was talking with a student today about this. He seemed to think it was very difficult for foreingers to get a loan from a Japanese bank, but that was for investing in Japan. Not sure about using the funds to purchase in Australia.

The interest rate is great over here…[Read more]

Hey David,

I came over here after schooling to, but that included university. I am 25, grew up near Brisbane. Moved over here to teach English after doing an engineering degree and an arts degree(economics/japanese).

Been over here two and a half years too. Am only just getting into the research over here. Going back to Aus next year, so mostly…[Read more]

Hey David,
I am in Nagoya. Was wondering if anyone else was in Japan in this forum. What part of Aus you from?

Scott

Just to clarify, what square are you thinking outside of? From the information in this forum, I don`t see too much about `screwing people over to make a dollar`.

I can understand your concern about other people buying up the good investment properties in your area, but maybe you should try to turn your dreams of investing into a reality. Sure it…[Read more]