Met a group of US DOD engineers in Tokyo a few months ago, just flew in from Israel military industries to push the Fxxx current sale to Japan, drinking sake in Ginza. Business is booming, they said.

Cash flow, cash flow, cash flow…get them to cover themselves and start making pure cash in 6-8 years, it’s the best you can hope for.

Saw a budding truffles grower who claims to have invented a genetically modified tree that all but guarantees truffles will grow in its roots pitch successfully to investors on “dragons den” or whatever it’s called. Might be another one can come up with same if you give them enough cash and 8-10 years.

Good luck, and yes, this place is brilliant. Came looking for leading web presence, stayed far longer than i though due to the wealth of information and learning curves (not to mention the networking).

All thumbs up, can’t go wrong listening to the advice and experiences here.

wrote:

Its nice there for sure, but its country living for sure… have to drive 90 minutes for Sushi

Now there’s something you never have to deal with in my line of work!

Best of luck to you, Mark – that sounds horrible. Can't imagine being forced to deal with this sort of crap, but tend to agree that if it's generating cash and requires no further repair or investments in tenant finding, try to keep it – surely the lawyer can stall, delay, postpone some of those payments at least, and reach an arrangement where…[Read more]

kylermrice wrote:
I haven't read any posts by me?  Lol, u have commented on them before. 

Yessssss (duh!), I haven't made this connection between the first part of your nick and the last. I'm good that way.

lawsjs wrote:
I really like Jay's system which is a partnering type deal – he gets the worry and half the cash, you just get the cash. A bit like investing in Japan maybe.

A bit, except for the half part. Having said that, from what you've all been posting here, Jay has his work cut out for him, so sounds like he deserves every penny. As you…[Read more]

Enlightening, thank you. I won't add anything else about how things are different in other countries, because, as I've learned on this site, that's considered blatant advertising Q1 – have any of you found, in your dealings with turnkey operators like Alex or Jay here, that they take any of the edge off these difficulties at all?Q2 – how about…[Read more]

Alex SC wrote:
I would just continue purchasing foreclosures in Atlanta, there are other markets that do interest me, however I feel I need to stick to one area to reduce the risk/challenges.  Great advice ….

Don't quite follow – I get the logistics bit, but how exactly does putting all your eggs in the one city basket reduce the risk by…[Read more]

Still available in Asia. God bless cashflow.

Just for comparison's sake, for that money you'll get 4-5 pre-rented apartments in the heart of Fukuoka City in Japan (Kyushu's capital), no extra rehab needed, probably netting around 14-17% before taxes (all other costs already deducted). No warzones. Renters who stick around for years. Pure cashflow. (You want capital gains, good luck to you,…[Read more]

Wow. This is necessary in most places, is it? Wouldn't insurance cover something like that?

Brilliant, knowledgable post, probably worth it’s weight in gold

Hiya, Marcus, was pleased to see another Japan-affiliate here.

My emails zmagen@nippontradings.com– would love to chat and maybe catch up when I’m over- where in Japan are you based? (I’ll be in Fukuoka, Shizuoka and Osaka this month…)

kylermrice wrote:
There are gators in the States

Except the unlicensed realty agents you mean?

labradorinlove wrote:
My downfall is my youth, loyalty and too trusting nature

Sounds like a lesson learned to me. Thanks for sharing that. I also think it's good that you're looking back and finding it amusing – best way to learn in my book. ("And that was the time I learned to get a local third party's opinion on a deal" etc…)Jay/Alex – are…[Read more]

I’m wondering where you saw them advertised, for how much, and how you researched the area for value and potential- also how you got the house appraised yourself (if you did)?

Labrador- still very curious to know how you got to this deal, if you feel like sharing?

Tend to agree.My Italian clients have been investing in Bulgaria, quoting assumed double, triple and quad growth potential over the next five years. Seems just as risky to me.