Nice strategy.
give me 2-3 more months and I'll let you know what we got for $300k in Japan. Looking forward to this one.

Ephraem1 wrote:
the aussie dollar is unusually strong which gives you a lot of purchasing power right now and should the Au$ fall in the future and you sell one of your usa properties, you'll make a lot of money.

yup, that's one of the perks of international investments, play them right and there are great dividends to be made on the side…[Read more]

So now there are "D"  properties in the states too? Wow, I thought the "C" was already ghetto/warzone…what's a "D" like, I wonder? Each property comes with its very own meth lab???

I feel privileged to be working in Japan. Here, a " C" class property just means its old and small, and you might make some extra bucks or get a new unit when its…[Read more]

Thanks, John. Some basic guidelines would be a good start- what do you look for in an attractive commercial listing? What are the appreciation/cashflow considerations compared to residential? What classes of tenants are there, etc etc, anything that comes to mind for novices to be acquainted with.

thanks again,

Here too, I think. And it won't be just mining that gets hit, I fear.

I wouldn't let anyone but the property manager collect rent, that's what they're there for. Even in Japan (Realtors arm chopped off with katana sword. True story – http://rt.com/news/sword-rampage-arm-samurai-709/)

And the exodus continues…

Aussie mining funds heading offshore

He's not the only one. Gina's been a busy lil' beaver in Singapore too. Abandoning ship?

zmagen wrote:
Any commercial experts in the house, incidentally? 

nobody, really? Thought I heard some of you mentioning an office or shop or two in some of your posts…come on, share the love, don't be shy lurkers now

Meting with my accountant about this very issue next week, will be happy to let you know how this works when there's a tax treaty in place (like in Japan-AUS case).

certainly many countries allow this, even when there's no compelling advantage in such a setup from that country's taxation laws perspective (which is the case in japan, at least…[Read more]

Wow, if a pest like me is 32, I don't want to come anywhere near Terry's forums…

Haven't yet, yields and entry levels seemed less attractive, I'm more than happy to check what's on offer, we might be  pleasantly surprised. <moderator: delete advertising>

Any commercial experts in the house, incidentally? Wouldn't mind hearing about the tenancy lengths, growth compared to residential, hassle in management, etc, from any country, if you've got a moment.

Awesome story, Jay, thanks. Really hit the spot ) listen to the property managers, if they're local and experienced and good at  what they do, even if its not how it's done where you're from. you're an international investor now, it's a new country.

lost a tenant on my first batch buy (good reliable one too) when I moved in all guns blazing and…[Read more]

Buzzer wrote:
 if you (or anyone else) have a better idea for what I should be using my line of credit to invest in……please, please tell me. I want to know. I'm all ears!

I've got more than a few ideas, that'll definitely put money in your pocket monthly, AND allow you to capitalize on foreign currency trends. Can't promise CG though. But…[Read more]

As if to echo the point, I've just been informed that one of my own units, which housed a govt. supported tenant (I'm very cool with them, for the reasons stated above) hasn't been paid for in two months. It's the first I heard about it, because the money kept coming in through the government guarantee, and the only reason the PM now contacted me…[Read more]

dgirl wrote:
 …never mind the fact that they’ve apparently lived there for 4 years a…

4 years is very impressive for low income earners in the states, isn't it? It's slightly below our average in Japan, but I was under the impression its quite different in the USA. Some people have quoted 3 turnovers in the course of a year, almost all of…[Read more]

Agree, that's what diversity is all about. Ups and downs of one currency spells opportunity for someone who's got more than one, not disaster. Yen goes up, money comes home, yen goes down, buy more property.

Freckle wrote:
 If Japan had more rounds and room to move then why is it waiting this long to fix the problem. 20+ years

what you call "the problem" and what Japan sees as "the problem" are two wholly different things, in much similar fashion to how you interpret data. Being "king of asia" or "the worlds biggest economy" hasnt factored in…[Read more]

Funny, I asked the same question a few months back, trying to get an equivalent portfolio suggestion from anyone in the USA…never heard back. Are you after cashflow or growth, handson, remote? What are your primary directives here?