Japanese Real Estate Agent's Advice to Foreign Buyers

Рет қаралды 23,126

Күн бұрын

[NEW] Need Help with Buying an Akiya as a Rental Property? Apply for Akiya Income Generator: forms.gle/ZbanpivqL1kch8uV6
[NEW] Need Help with Buying a Vacation Home in Japan? Apply for Japan Akiya Assist: forms.gle/eKuhDJGDKK4wFfND9
Japan REI Boot Camp - www.postfi.co/offers/6PZqhrjW...
FREE GUIDE: How to Buy an Akiya as a Foreigner: stan.store/shumatsuopost
If you ever wondered how to effectively work with a Japanese real estate agent.
This video is for you.
I talked with a top-producing real estate agent in Kanagawa Prefecture to see how foreign buyers can communicate and work well with real estate agents in Japan.
Izawa Real Estate: izawa-estate.com/
-----------------------------------------------------------------------------------------------------------------------
LET'S CONNECT:
📸 Instagram - / shumatsuopost
📱TikTok - / shumatsuopost
🍃Website - postfi.co
#japan #realestateinvesting #financialfreedom #passiveincome #akiya #abandonedhouses #homebuyingtips #cheaphouses #housingmarket #japanhousingmarket #buyingahome
Disclaimer: I am not a financial advisor. This video and the ideas presented in it are for entertainment purposes only and should not be construed as financial or legal advice. Please also note that the past performance indicated in the video does not guarantee future results.
00:00 Hook
00:29 Intro
00:54 Interview
16:16 Closing

Пікірлер: 86

@shumatsuopost 5 ай бұрын

What's your biggest challenge when it comes to working with Japanese real estate agents? [NEW] Need Help with Buying a Vacation Home in Japan? Apply for Japan Akiya Assist: forms.gle/eKuhDJGDKK4wFfND9

@mtwhatley3253 5 ай бұрын

Loving this series of vids. One thing that I was thinking at the start of the video was insurance. As you know in America if you live in a flood zone you’ll need to get flood insurance from the government. My question or perhaps an idea for a future video for you is…how does this work in Japan. Is insurance for earthquakes provided by private companies or via the government? Since the Noto earthquake on 1-1 I’ve been watching lots of news reports saying the residents lost everything. Does this mean no one had insurance or was it extremely expensive and thus, few could afford it? Another though is about property tax. I live in a state that has one of the lowest annual property taxes. My knowledge of property taxes is that if your property isn’t a primary homestead then your taxes are higher. Is this also true in Japan? Sorry for the long comment, but hope you’ll cover some of these topics in the future. Your Chanel is great and at some point I hope to get in touch for possible purchase assistance. Cheers and good luck on your success.

@pattiepepper6217 21 күн бұрын

I think the Agent is trying to say - in a polite way - "Foreigners, please don't come here and buy our property. Many locals can't afford it, but if you buy it, we will get pushed out." I also feel like the Agent really didn't give his opinion. He said a whole lot of nothing until Shu prompted him directly to explain the benefits of living in the area. So Japanese. 😂😂😂😂

@lycanlube7484 4 күн бұрын

Yeah I'm predicting this is the issue if foreigners keep buying as investment , homes shouldn't be investments and should stay as basic necessities. But I guess greed gets the better of certain people

@rvnut1133 Ай бұрын

I watched every single second of this video interview, I have to say that it was very interesting in not only what the Real State professional said but what he didn't say by carefully answering the questions. If you can read between the lines you will figure it out; very polite of him. It was also interesting to hear from him how their market is negatively affected by foreigners buying properties in Japan. It doesn't really help them to raise their property value. And of course, their fear of losing their culture to outside influences. Well done.

@shumatsuopost Ай бұрын

Glad it was helpful!

@lostboy8084 5 ай бұрын

How to tell a good realtor easy someone who takes the time to work with you to fully understand what you are looking for. Great video as always.

@shumatsuopost 5 ай бұрын

Exactly. Thanks for your support :)

@Pumanic 5 ай бұрын

I think you might have created a functional working role for yourself. You understand both cultures and know both languages, you could market yourself as a realestate agent middle hand easily. I imagine you already do, but this is a very nice role you have created for yourself. You have found a need and a function which no one before you have truly filled, and it is a good role too for all involved. I look forward maybe being able to hire you once it's time for me to invest in japan in a few years time.

@shumatsuopost 5 ай бұрын

Spot on :) Looking forward to hearing from you in a few years 😉

@Pumanic 5 ай бұрын

@@shumatsuopost Is there a way to email you? :)

@hidekodufton5820 Ай бұрын

I do agree with you! Shu, you do a great job!! I am a Japanese origin but I lost a citizenship as being a Canadian about 20 years. We are thinking of moving back in few years as my family is aging and needed more assistance. Thank you so much for your generosity.

@FoxyfloofJumps 2 ай бұрын

It's so great to hear from someone in the profession directly, and interpreted by someone who's very fluent and knowledgeable as yourself. Thank you for this video. It's very helpful for impressing the basic and fundamental differences in culture that could trip up a buyer from another country from simple gaps in communication.

@shumatsuopost 2 ай бұрын

Glad it was helpful!

@homeworkman8825 Ай бұрын

hey man you do a good job with the interviews and I'm starting to envision a real estate business thanks to your content

@shumatsuopost Ай бұрын

I appreciate that!

@septimir5278 5 ай бұрын

Any plans for future videos showcasing detailed numbers for Japanese real estate? Here in the US, you can ask for a breakdown on financials for a prospective property, containing information regarding taxes, actual maintenance and occupancy for the previous year, cap rates for the area, property manager fees, etc. This allows calculation of NPV and other metrics to determine feasibility. Would be curious to learn more about a typical case in a metropolitan area of Japan and where to find more details about these kinds of metrics.

@Baumender 4 ай бұрын

Oh man I lived in Yamato when I worked in Atsugi, Yamato such a cool small place.

@davidparrish3538 5 ай бұрын

Been to Yamato many times. Visiting my brother when he lived there.

@agam97 5 ай бұрын

As a foreigner from Indonesia studying in the US, the primary difficulty for someone to invest and live in Japan is securing a stable job that allows foreigners to work with JLPT N4 and N5. Besides English teaching and software development, most companies require JLPT N2 or N1, which is hard even for some Japanese Third-Culture Kids / Kikokushijo. It is risky to buy a house in Japan before you secure a job as there is no guarantee that you can find any company willing to give you a chance while you improve your Japanese language. Even foreign companies from the US, like JP Morgan, McKinsey, Harley Davidson, etc, require JLPT N2 and N1 when most of the job would be in tandem with the US office. As far as I know, you cannot move to Japan to work without getting a Certificate of Eligibility from a company to 'sponsor' your work visa.

@Cordycep1 5 ай бұрын

DOnt need a sposnor anymore by just open any business, also the grads from top 100 universities in the world will get automatic work visa for 2 yrs.

@3xsxs953 Ай бұрын

@@Cordycep1It's not a work visa for 2 years it's a job hunting visa for 2 years. Still nice but big difference.

@rversocal8889 Ай бұрын

Some people are able to work remotely anywhere in the world as long as there is a good internet connection. Also others may be looking for a second house in Japan to relax and enjoy.

@t1nt0p 5 ай бұрын

@shumatsuopost Trying to buy a house that has some farmland, but I won't be living there full time right away. How can I appropriately fill out the agriculture application to purchase the house?

@lexnite22 Ай бұрын

The subs were a little fast or maybe i'm a slow reader but great video Shu!

@pv1038 2 ай бұрын

What yield on Investment properzies in Tokyo? Possible to get a mortgage as a non resident?

@titiwa5768 Ай бұрын

Good-one Shu.

@leonazzvibes 5 ай бұрын

great video, Shu, thank you. on a side note, I agree with some of the comments here - maybe try for your next video different subtitles, something like Netflix style - small font, white letters on a slightly transparent background. the way they are now is a bit distracting and hard to follow

@shumatsuopost 5 ай бұрын

Appreciate your feedback - OK, I'll remember the Netflix style going forward.

@commentarytalk1446 4 ай бұрын

@@shumatsuopost I found the larger font and colour code to be very good so it depends, thank you.

@gentao2005 2 ай бұрын

How you can transfer a chunk of money to japan to purchase a property in jp?

@yishihara55527 2 ай бұрын

I think you need to be honest with buyers about some of the cons. For example, there are neighbors that simply will not accept the fact that a non-Japanese is living in their neighborhood. There was a woman two houses away from me who would slam her door and lock all the locks whenever I walked by. That continued for seven years straight until I left.

@kiabtoomlauj6249 Ай бұрын

My little brother, born and educated in southern California --- fluent in Japanese as he was into Japanese animation in the 1990s and went on to major in Japanese in college --- who moved to teach Japanese kids in Japan the last 15 years... he's told some eye popping, jaw dropping stories, both personal anecdotes and experience of White colleagues of his. He's Asian but not Japanese. The most tragic & hilarious was about himself: he said he & his girlfriend were ready to move into an apartment together (which, I assumed, meant the two must have visited her parents at least once or twice). But just when they're about to move in, with safety deposits and required rents already paid, HER PARENTS rejected their daughter moving in with him... because he's not Japanese! Crazy people. She's in her late 20s or early 30s, and she still needed permission from her parents to date or to move in with a boyfriend? That should tell you, even her parents COULDN'T TELL whether my brother was Japanese or not...not visually and not linguistically, since he's as fluent in Japanese as any other (non-Native who are fluent in Japanese)... until he told them he was not! (Or, perhaps.... somehow, they found out from their daughter he's not Japanese... and, then, the tune changed completely...)

@yishihara55527 Ай бұрын

@@kiabtoomlauj6249 Japanese can instantly tell right away who is Japanese and who isn't. One family was vehemently against their daughter being with her White American boyfriend. They decided to secretly get married anyway. Somehow her father found out and ended up hospitalized after a major heart attack. Many Japanese will not tolerate any sort of connections with non-Japanese. No amount of pleading will change their minds because in their minds all other races/ethnicities are inferior despite sometimes acting interested in foreigners.

@user-yy1xu3ed5j 24 күн бұрын

if you have kids and hope pass down your house to your children as inheritance, know that Japan has an up to 55% inheritance tax. This applies to all residents wheather they be Japanese nationals or not.

@edvhollywood4544 4 ай бұрын

Finding an agent isn’t easy if you don’t speak Japanese, I tried. But google listings in English then I found at least Many listings for free and an agent just answered me, he may be viet am origin . I am not caring about investing for a profit because they are so cheap it is worth it.

@johnjohn2225 5 ай бұрын

Which visa should I use for a long-term stay in Japan? Currently, it seems that only a 3-month tourist visa is available for those not employed in Japan. Another option is the working holiday visa, but it can be complex, and there is a requirement to pay around 20% in taxes. If there's a video covering this topic, please direct me to it, as I couldn't find one. I am asking because what's the point if I cannot stay in the house that I bought?

@obstinatejack 4 ай бұрын

i think shu did a video on this topic, and showed us how to get a business manager visa to japan. it's 1 year for first term then you can renew for 3 or 5 years for second term. seems straight forward enough kzfaq.info/get/bejne/od1loctqy7Oxh58.html

@brazillionnaire Ай бұрын

How in the world are the Africans getting in to Japan in that case? There seems to be a lot of them in Roppongi who are not there as tourists and sure as hell not there as business managers, so what visa route are they taking?

@heythave Ай бұрын

If you have $200k in the bank, you can apply for a 6 months designated activity visa for sightseeing and you can renew this visa for another 6 months before it expires. Then, maybe do a language class for a year.

@SenthilKumar-de4iy Ай бұрын

Is there any tax imposed if we bring money from home country to Japan to pay for initial down payments

@TheBillaro 21 күн бұрын

this is that british japanese guy on the phone😂😂😂😂😂😂😂

@666jjdemon 5 ай бұрын

that switch looks like a Letter I

@brandontownsend6955 5 ай бұрын

Thanks for the video, it is very informative. I have the cash to buy a house in Japan, but my major issue is getting the money into Japan. I am an American but my wife is Japanese with a Japanese bank account. Even with those advantages we are finding it difficult to get the money to Japan. I saw your video describing the app one foreigner used, but I have a hard time thinking about risking $120,000 on an app. Thanks again.

@shumatsuopost 5 ай бұрын

Best of luck!

@mrbHanoi 5 ай бұрын

I have wired close to 1 million between the USA and Japan to myself or Japanese wife. No problems Once 400k took 5 minutes

@HarrisonHoude 4 ай бұрын

@@mrbHanoi this

@emilianitocracks6701 4 ай бұрын

Hi What app do you recommend to make transfers?

@mrbHanoi 4 ай бұрын

@@emilianitocracks6701 transfer through personal network no banks no apps for 5 years. Invisible

@peterergo 5 ай бұрын

My wife is buying 2 studios in Tokyo, but the agents said they couldn’t get interior photos because of renters rights. Both have renters in them. Is this normal?

@leonazzvibes 5 ай бұрын

sounds like she's buying a cat in a bag. if I was her I'd definitely try to see what I'm buying before wiring the money.

@user-zi1ze2ks5o 5 ай бұрын

real estate is for humans to live in. It should not be "investments" because then the bag holder just wants to squeeze blood from the rock

@DanhNguyen-oq3ik 5 ай бұрын

Hi, I've been watching your videos, thank you for educating us. I have question if you can help. I have 250k usd in cash. What should I buy in Japan? 1,2 apartments or single houses, this is investment. I also looking Japanese trandictional house for my future retirement.

@shumatsuopost 5 ай бұрын

If you're looking for a traditional Japanese house, maybe start small with that? Depending on the location, you can find something around $50K-$75K. Maybe you can use it as your base when you visit or rent it out until you are ready to spend more time here.

@speaksthis 5 ай бұрын

What do you want - a residence or income? Income - look for dirt cheap condos with a view. Get outside of Kanto, but in a mid to major metro area, no more than 15 walk from a train station. Renovate yourself at a basic level. You won't get appreciation, you'll only get income. I wouldn't put money into Japan from abroad if I was not living there full time.

@DanhNguyen-oq3ik 5 ай бұрын

@@speaksthis thank you.

@DanhNguyen-oq3ik 5 ай бұрын

@speaksthis income and I am not in Japan. I hoped I can get my money back in 10-12 years and hopefully sale the condo(s) same price I bought.

@micojohnmunio3529 5 ай бұрын

If im starting investing real estate in japan, do I possible to asking you for help? ehehe, im gonna graduate college this year so my plan is to start investing real estate in japan😊

@WiseOnion 5 ай бұрын

japanese people dont like foreigners investing in properties and sucking money out of japanese tenants. if u buy a primary home then they are fine with that.

@peterbedford2610 5 ай бұрын

Over 8M empty houses in a country of 120M people? That would like the US having over 24M empty houses! Amazing!!

@homeofficeheroes9027 5 ай бұрын

Could a foreigner work in Japan in real estate? Is there potential without knowing the language, but having over a decade in real estate experience in sales and business?

@speaksthis 5 ай бұрын

Yes, with a proper work visa.

@user-yy1xu3ed5j 24 күн бұрын

Isn't Japan worried that with the cheap yen that all their land will be snatched up by rich foreigners? Just look at what's happened to Hawaii, where more and more locals born in Hawaii can no longer affoard Hawaii and have to move to Vegas.

@Kevin-zz9nc 4 ай бұрын

This guy Really wsnts gaijin to stay home....

@artymusoke1352 5 ай бұрын

sick transitions,but they alittle distracting. i usually watch subtitle anime but i had to slow this video down to keep up with the subtitles

@konahyun4263 4 ай бұрын

I'm looking to buy in Okinawa a house to retire. I'm in Hawaii. Most listings I see have too small a land and living area. Ideally a lot with a view. Outside the city. An akira? knock down and build a new house. or plot of land to build a new house. up to modern building codes. earthquake and typhoon resisitant - concrete steel construction. lot 100sq meters or larger. house 150 - 250 sq meters. 3 LDK, 3 bathrooms. All rooms larger - similar to American construction. 100m yen +? could you assist?

@jdskates.69 3 ай бұрын

Buy Bitcoin and chill. I live in Japan and loving life, because i am a bitcoiner and all currencies in the world are going to zero vs bitcoin. Yen faster than USD, so its cheap in Japan for Bitcoiners in America. Come out here an pay alomost nothing for housing.

@okeyjet 5 ай бұрын

Production tip. These sliding flashing subtitles need to stop. Just do subtitles exactly like Netflix does. It’s very distracting having stuff moving all over the place especially when trying to understand the spoken Japanese as well as reading along. Thanks. Love your work but can’t watch this style of production

@shumatsuopost 5 ай бұрын

Good feedback. I'll keep that in mind. Thanks for sharing.

@nattosanto6033 3 ай бұрын

This agent is saying nothing useful😂

@jcmontecarlo6123 27 күн бұрын

Same for this post 😂😂😂😂😂

@yessir8089 23 күн бұрын

I am into minute 8 and I was starting to feel the same. The questioning is not good either.

@A87789 14 күн бұрын

soo trueee

@2masterdingdong 2 ай бұрын

Korean kei

@miyanohm 5 ай бұрын

Realtor in Japan "this house is pretty old, can it survive all the earthquakes we have here? I think its not a good idea as investment." Elsewhere "It's strong as a mountain, it will shrug off any earthquakes, and be a great investment!"

@json9069 5 ай бұрын

In the later half he was talking about Japan in general - not the Yokohama area (as previously mentioned).

@brazillionnaire Ай бұрын

I think I’m gonna find me a nice Japanese wife first and then go look for a place to live. My biggest concern right now is the warmongering going on between US and China that will use Japan and neighbouring countries as their battering rams to try and defeat China. Japan could be seriously hurt in such a conflict and would take generations to recover if it happened. I hope the Japanese government are not so stupid to follow the Americans blindly into regional conflicts but it seems like the politicians are sleep walking into a major conflict with China.

@mrbHanoi 5 ай бұрын

95% if Japanese can only see things through a Japanese lens 2000 is not 2024 The world has changed

@suj241 5 ай бұрын

Its a waste for Japanese people if people keep buying houses here just for investment. Rightly said.

@ThePipimonster Күн бұрын

質問に対して、あんまり真面に答えてくれてないのは残念。　結局なにを言いたいのかが不透明。His response is pretty much focused on how he deals with his clients and manage their needs, whereas you were asking him about the good and bad of real estate investment in Japan from foreign investors' and immigrants' perspectives.

@yishihara55527 2 ай бұрын

松尾さんってさ　英語力凄くね？帰国子女っぽい