That's cool, Freckle, not everybody likes everything. Personally, I've yet to find a single source that provides the full berth of weekly Asian RE news reports in English, let alone online – so far I've been forced to "manually" collate those (you can see a partial list of the sources at the bottom of the article, which should also help…[Read more]
There's nothing in the text to credit or discredit the IMF's report (or other publications), Freckle, only a compilation of the week's news – and news are, as always, a reflection of a great many things. I think you might be confusing the format of the article with opinion or analysis, which it was never meant to be – the only opinion expressed…[Read more]
The fallout map's becoming clearer and clearer as months pass (not thanks to the government, but rather thanks to international groups and concerned citizens) – but we're with you there, we started our investments in the furthest-most regions from the accident location (south-west, over 1,300 kms from Fukushima) – and do not progress further east…[Read more]
Short answer – don't invest in Japan for capital growth or preservation – it's a pure cash-flow investment.Long answer -1) capital value – Personally, I don't think you should count on capital appreciation or preservation anywhere you buy, as it's pure speculation, particularly in the last five years. Example – my…[Read more]
whathouse wrote:
As someone with several properties in Bulgaria and who lives there for 6 months a year I can categorically say that nowhere can you get double your money here. Maybe if you were in at the start of the boom back in 2003/2004 but not now. Now you can get property for peanuts because there are so many desperate sellers. Great…[Read more]
Cheers – hope this sheds some light on the vital differences in mentality, and why Japan's probably the safest environment one could purchase real-estate in.
emma171 wrote:
…pay the sheriff to do it (I think about $39)… you go back to the Sheriff and say sigh, they haven't paid (interestingly they take your word for it – how bizarre)…and the sheriff will then toddle off down there, do a lock out and you get your house back…
Loving it. We have a variation on this with Gov Sup (eq of sec tena…[Read more]
Hi everyone, I was looking at buying an investment property in either QLD or WA…Also weighing up the idea of investing overseas… I hear some pretty encouraging stuff but I am not exactly an expert…Go Gladstone, or any other industry and manufacturing (as opposed to "pure" mining) areas – better chances for it to be a bit longer…
emma171 wrote:
NOMADS are us…..we are a rare breed! Thus why I make the commitment to the client and their investment, not the specific property and city…
I hear ya. Getting headaches keeping up with timezones too. Japan-Aus not too bad, but now looks like US and Europe entering the mix. Strange two or three years up ahead.You just can't…[Read more]
There are countries in the world (Japan, China, India) where you can buy a single $20K apartment profitably – but I don't think the USA is one of them – the banking, insurance and HOA systems there make it unprofitable, as far as I can tell from what I read on here. I'd put $40-50K as a minimum profitable entry there, but I could be wrong.
emma171 wrote:
too reliant on someone else that I wouldn’t be able to take over…
Yup, English, Japanese or Urdu, you can’t remote-manage properties in more than one country if you’re into micro-mgmt, this is all about putting your dd, then faith, into the best team you can get, then “letting go” and just making macro decisions. quite the…[Read more]
jayhinrichs wrote:
But then again 15% and higher is an illusive imaginary figure anywhere as well.
Don’t know about higher, but 14-15% is quite achievable, just takes a few months of waiting and some aggressive negotiation. If you can get more than one property and reduce legal/facilitation fees further you might not even have to wait that…[Read more]