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This morning's business news –
1. One tenant, was supposed to be notified they have to leave in two months due to spruce and sale, to free up cash for more profitable investment, is due to give birth in 10 weeks. Even heartless investors have a breaking point. Substantial cashflow increase delayed two more months.
2. One particularly annoying internationally-inclined judicial scrivener, only one in its very local Japanese prefecture, decides to double his price. Profitability of all new deals decreases app. 0.8-0.9% until replacement is found (mental note, add estimated last minute hotel slaughter charges, travel expenses, trying to replace this jerk in a 4-day-busy-to-the-max-as-it-is business trip). This is what you get for not having 2 proficient suppliers of anything placed in advance, no matter how much of a pain it seems to be finding another one at the time.
Any more **** to squeeze in before lunch, or would this be it for the day???
Sorry, had to let off some steam. You may now proceed with your respective days.
Ziv Nakajima-Magen | Nippon Tradings International (NTI)
http://www.nippontradings.com
Email Me | Phone MeZiv Nakajima-Magen - Partner & Executive Manager, Asia-Pacific @ NTI - Japan Real-Estate Investment Property
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