Japan Foreclosed Property 2015-2016 - Buy this 5th edition report!

Over the years, this ebook has been enhanced with additional research to offer a comprehensive appraisal of the Japanese foreclosed property market, as well as offering economic and industry analysis. The author travels to Japan regularly to keep abreast of the local market conditions, and has purchased several foreclosed properties, as well as bidding on others. Japan is one of the few markets offering high-yielding property investment opportunities. Contrary to the 'rural depopulation' scepticism, the urban centres are growing, and they have always been a magnet for expatriates in Asia. Japan is a place where expats, investors (big or small) can make highly profitable real estate investments. Japan is a large market, with a plethora of cheap properties up for tender by the courts. Few other Western nations offer such cheap property so close to major infrastructure. Japan is unique in this respect, and it offers such a different life experience, which also makes it special. There is a plethora of property is depopulating rural areas, however there are fortnightly tenders offering plenty of property in Japan's cities as well. I bought a dormitory 1hr from Tokyo for just $US30,000.
You can view foreclosed properties listed for as little as $US10,000 in Japan thanks to depopulation and a culture that is geared towards working for the state. I bought foreclosed properties in Japan and now I reveal all in our expanded 350+page report. The information you need to know, strategies to apply, where to get help, and the tools to use. We even help you avoid the tsunami and nuclear risks since I was a geologist/mining finance analyst in a past life. Check out the "feedback" in our blog for stories of success by customers of our previous reports.

Download Table of Contents here.
Showing posts with label Cost of Living. Show all posts
Showing posts with label Cost of Living. Show all posts

Saturday, October 1, 2011

Living and working abroad

There are obstacles to living abroad. But you know, its not as hard as you might think to live and work abroad if you are able to develop relationships in these countries or find forms of work that suit you. In my 'wonderings' I have come across people who find work abroad by doing different things. Consider the following:
1. Selling: I write books about buying property. Such book publishing allow me to live anywhere in the world because my store front is online.
2. Consulting is another activity that allows you to work anywhere in the world if you deal with your clients online.
3. Strategic career opportunities: There are certain jobs like doctors, nurses and teachers who are in strong demand around the world if you have decent qualifications.
4. Service jobs like teaching English, builders, trades jobs and tattoo artistry are also jobs that you can find if you travel. Generally though in these cases you need to tap into the informal economy, but consider this: In a large city like Tokyo, you can be sure there is a need for computer support services for all the English expatriates living there, because there are thousands there looking for a good deal who are getting ripped off because they don't speak Japanese, or have support. In such cases, forums offer support for most, but forums only offer limited support.

Different countries have different rules for staying in the country. i.e. Consider that the Philippines probably has the most liberal immigration laws. You can stay there 18 months before having to leave the country, but you pay around $30/month to extend your visa. Other than that, they care less what you do. In Japan, its a 90-day tourist visa, and hard otherwise to get a business or working visa unless you are sponsored. Having said that, you can fly to China or Korea every 90 days (3mths) if that suits you, or you can commute from another place and just stay the 90 days in gaijin houses (i.e. Short stay accommodation).

The intention of this strategy is to buy accommodation in different countries at the low-end of the market so that I can live a flexible and interesting life as a tourist. This is why a $28,000 dormitory in Japan appeals, with a $300/year rates bill, a $US55,000 house in a depopulating NZ regional city, rates a little pricey at $1700/year, or you can go a house in much of the USA for $80-120K. We also have a place and land in the Philippines.

This is truly a period of great flexibility thanks to technology. I would not equate this however with freedom. No country recognises your personal sovereignty, and no government functions on the basis of rationality as the standard of value. Under democratic tyranny of the 'populist' majority, we spread our assets widely. This is why grasslands are so prevalent. Their spores are basically blowing around the world. We like to travel light in a world of arbitrary government. Yes, that might sound a little tragic, but living a life of slavery to some over-priced, statutorily or artificially priced house is crazy. I don't own a house in Australia, my home country because with the average house costing 11.6x the average income in Sydney, I think I should be living in Japan, NZ or USA, where I can live in a decent place for 2-3 times earnings. Personally, I wish people would think so we can end this tyranny, but since we have a system of wealth extortion based on 'universal ignorance and passivity', I prefer to travel. If you are wondering where this ends up, it is either:
1. A life of repression - Japan is the model we are drifting towards - where you are all zombies entertained by mindless concrete, frivolities like alcohol, sex, etc.
2. A intellectual life - A form of meritocracy which does not yet exist, where economies grow at 16% per annum because they are not constrained by centralised government; which are not overtly materialistic because the people's intellectual sovereignty has been oppressed. In a world where ideas matter because there is a free market for them, as opposed to the statutorily regulated 'parliament' which has political parties act as gatekeepers. But you go on pretending you live in free countries because you are given some pretense of it. More on this matter at our politics blog.

Thursday, November 25, 2010

The benefits of having a holiday house in Japan

I just wrote a blog article about the benefits of living and travelling to Japan. It also can make sense to have a holiday house there given the VERY low cost of foreclosed property. The cost can range from as low as $10,000 in the depopulating rural areas to Y3mil just 1 hour from Tokyo. I paid Y2.8mil ($US30,000) for my place that far from Tokyo. It costs me just $300/yr to maintain, but more of course if I need to use utilities when living there. I bought here because I could either:
1. I could get into the city for just $3.50 train and $2.50 bus (or bike for free). I like to ride the bike when I'm pissed.
2. I can elect to stay in the city all night and get the first train home.
3. I have good services like restaurants, izakayas and department stores a bicycle ride away.
4. I have wonderful mountain valley hinterland to explore on my bike. Anyone been up the Naguri valley. A recommended bike ride. I have also canoed down the Naguri river, as well as the neighbouring river as far as Ome.

I connect the electricity before I arrive and disconnect it when I leave by email with Tokyo Electric. Very easy. If I want to travel around Japan on my Japan Rail Pass, I get an early train to Shinbuya, so boarding a 6:30AM Shinkansen to say Fukushima, then a local train into the mountains. Lunch near a Buddhist temple, maybe staying in a business hotel in Niigata, or capsule hotel in Fukuoka (if travelling south), allowing me to explore a new area, or I can return home that night. I just have to leave by 8pm to give myself enough time. That is a lot of time.
Want to learn more about Japan? Want to buy property in Japan? Japan Foreclosed Guide.

I plan to be in Japan in May-June 2010. Busy until then. I don't mind catching up with interested persons.

Saturday, October 9, 2010

The cost of living and property overseas

For those interested in buying (foreclosed) property in the Asia-Pacific region, we think value-wise, Japan and the Philippines make a lot of sense. Of course value is absolute as well as relative, and one needs to consider these values from your perspective of value. This I have done, and it has culminated in reports on the Philippines, New Zealand and Japan. If you like the Philippines, you might also like Thailand. Japan has a great appeal to many young and old because of its rich cultural experience, great services and infrastructure. Mind you a great many Westerners these days go to the Philippines for medical treatment on the cheap. I have used one of the private hospitals and they do have experiences, Western-educated doctors. Anyway, the property reports aside, if you are interested in the countries, then I have blogs pertaining to these countries where I explore more of the issues living in these countries.
1. Living in NZ - In this blog I also talk a lot about Australia - my home country - as they have similarities, and people interested in NZ are usually interested in Australia.

There are of course other countries where you can live and even buy property, however I find these countries the least restrictive in the Asia-Pacific. i.e. You can stay in the Philippines by extending your tourist visa for 18 months before you have to leave. But they don't mind if you come right back. Its just a question of paying around P1500 per month. You can stay in Japan for 3 months. They will let you extend, or you can leave & re-enter, in which case they will ask questions, unless you have a girlfriend who will sponsor you. I did, and was able to stay there over 2 years. I also worked these on another occasion. Teaching English is a great way to get sponsored to live in Japan...if you have a BSc/BA degree. NZ allows you to stay 3 months, but you can extend for 6 months (which is the mnimum property lease period), and its easy enough to go to Australia for another 6 months if you want to stick around the region. Many young and elderly people live from campervans in these countries.

The humble chopstick - money making miracle

Today I would like to pay homage to the chopstick. After purchasing a property several years ago I greatly profited from the humble chop stick. Far from being simply a eating implement, it is also a versatile cleaning tool. Upon purchasing a property in Japan, some of you will simply contract a local cleaner to clean your home. I did it myself and to good effect thanks to the chopstick. It is particularly useful for cleaning the grime around the bathroom and window frames. You simply break the sticks into 'edged' implements and you get considerable value from what is otherwise a free give-away from your local take-away store.

The other treasure when you are buying a home is the Cainz Home Hardware chain. If or when I buy my next foreclosed property, I will be sure to buy near a Cainz Home store because they simply make renovation very easy. Their products are very reasonably priced, and with so many staff, you are bound to find someone with some level of English skill. They are so helpful I was even able to work things out with sign language, as I have limited Japanese. Check out their website for a location guide to their stores.

Another treasure for me is the Hoka Hoka-tei take-away chain store. I swear you do not want to be located too far away from one of these chain stores. They offer a great array of healthy take away meals for very reasonable prices. I used to always get a salmon and rice dish for Y380 ($US5). Very good meals. Make sure you live near one of those...they are everywhere. You will find them overseas these days, but its not the same menu as in Japan. eg. I have seen them in Australia, the Philippines, but that is a Westernised menu, with a far smaller range of choices.
In Japan they have over 2,000 franchise outlets. Sadly their store locator is only in Japanese, and the Google translator will not work with the Flash software. However, if you click on any 'graphical' 'prefectural button on the map, you will have the option of a scroll-selection in English if you remain in Google Translator, so you can find your nearest store.

The implication is that buying, renovating and living in Japan can be VERY CHEAP. Yes, contrary to popular belief life in Japan is not always the rip-off you might have believed. Food is expensive, but you can eat at izakayas very reasonably. The cost of drinking these days is also very reasonable. I often go to The Hub as a drinking venue in Tokyo and other cities because they attract a lot of foreigners, or Japanese people who want to meet foreigners.
I don't drink much now but the roof-top bars are also good value in you like summer drinking on top of shopping malls. The utilities and eating out in Japan are still expensive, but there are work arounds....some of which are not available in other countries. I can keep my electricity connected for months on a basic monthly service fee in I email them. You can also get pre-paid internet services which make a lot of sense. House insurance is very cheap, as is local government rates. Public transport in Japan is very expensive for inter-city travel, but if you get a few Japan Rail Passes before you go....its exceptionally cheap.

Major cities of Japan

資料:各都市の推計人口(ホームページ) Japan's major cities:
札幌市 Sapporo 仙台市 Sendai さいたま市 Saitama 千葉市 Chiba
東京都区部 Tokyo-23 横浜市 Yokohama 川崎市 Kawasaki 新潟市 Niigata 静岡市 Shizuoka 浜松市 Hamamatsu 名古屋市 Nagoya 京都市 Kyoto 大阪市 Osaka 堺市 Sakai 神戸市 Kobe 広島市 Hiroshima 北九州市 Kitakyushu 福岡市 Fukuoka

Cities and towns of Tokyo

競売物件購入 keibai buttsuken kounyu 千代田区 Chiyoda-ku 八王子市 Hachioji-shi 羽村市 Hamura-shi 中央区 Chuo-ku 立川市 Tachikawa-shi あきる野市 Akiruno-shi 港区 Minato-ku 武蔵野市 Musashino-shi 西東京市 Nishitokyo-shi 新宿区 Shinjuku-ku 三鷹市 Mitaka-shi 文京区 Bunkyo-ku 青梅市 Ome-shi 郡部 Towns and villages 台東区 Taito-ku 府中市 Fuchu-shi 瑞穂町 Mizuho-machi
墨田区 Sumida-ku 昭島市 Akishima-shi 日の出町 Hinode-machi 江東区 Koto-ku 調布市 Chofu-shi 檜原村 Hinohara-mura 品川区 Shinagawa-ku 町田市 Machida-shi 奥多摩町 Okutama-machi 目黒区 Meguro-ku 小金井市 Koganei-shi 大田区 Ota-ku 小平市 Kodaira-shi 島部 Islands 世田谷区 Setagaya-ku 日野市 Hino-shi 大島町 Oshima-machi 渋谷区 Shibuya-ku 東村山市 Higashimurayama-shi 利島村 Toshima-mura
中野区 Nakano-ku 国分寺市 Kokubunji-shi 新島村 Niijima-mura 杉並区 Suginami-ku 国立市 Kunitachi-shi 神津島村 Kouzushima-mura 豊島区 Toshima-ku 福生市 Fussa-shi 三宅村 Miyake-mura 北区 Kita-ku 狛江市 Komae-shi 御蔵島村 Mikurajima-mura 荒川区 Arakawa-ku 東大和市 Higashiyamato-shi 八丈町 Hachijo-machi 板橋区 Itabashi-ku 清瀬市 Kiyose-shi 青ケ島村 Aogashima-mura 練馬区 Nerima-ku 東久留米市 Higashikurume-shi 小笠原村 Ogasawara-mura 足立区 Adachi-ku 武蔵村山市 Musashimurayama-shi 葛飾区 Katsushika-ku 多摩市 Tama-shi 江戸川区 Edogawa-ku 稲城市 Inagi-shi

Cities & Towns of Saitama

競売物件購入 keibai buttsuken kounyu 西区 Nishi-ku 北区 Kita-ku 大宮区 Omiya-ku 見沼区 Minuma-ku 中央区 Chuo-ku 桜区 Sakura-ku 浦和区 Urawa-ku 南区 Minami-ku 緑区 Midori-ku Cities (-shi) さいたま市 Saitama-shi 川越市 Kawagoe-shi 熊谷市 Kumagaya-shi 川口市 Kawaguchi-shi 行田市 Gyoda-shi 秩父市 Chichibu-shi 所沢市 Tokorozawa-shi 飯能市 Hanno-shi 加須市 Kazo-shi 本庄市 Honjo-shi 東松山市 Higashi-Matsuyama-shi 岩槻市 Iwatski-shi 春日部市 Kasukabe-shi 狭山市 Sayama-shi 羽生市 Hanyu-shi 鴻巣市 Kounosu-shi 深谷市 Fukaya-shi 上尾市 Ageo-shi 草加市 Souka-shi 越谷市 Koshigaya-shi 蕨 市 Warabi-shi 戸田市 Toda-shi 入間市 Iruma-shi 鳩ケ谷市 Hatogaya-shi 朝霞市 Asaka-shi 志木市 Shiki-shi 和光市 Wako-shi 新座市 Niiza-shi 桶川市 Okegawa-shi 久喜市 Kuki-shi 北本市 Kitamoto-shi 八潮市 Yasio-shi 富士見市 Fujimi-shi 上福岡市 Kami-fukuoka-shi 三郷市 Misato-shi 蓮田市 Hasuda-shi 坂戸市 Sakado-shi 幸手市 Satte-shi 鶴ケ島市 Tsurogashima-shi 日高市 Hidaka-shi 吉川市 Yoshikawa-shi 北足立郡 Districts (-gun) 伊奈町 Ina-machi or ko 吹上町 Fukiage-machi 大井町 Oi-machi 三芳町 Miyoshi-machi 毛呂山町 Moroyama-machi 越生町 Ogose-machi 名栗村 Naguri-mura

Cities &Towns of Kanagawa

競売物件購入 keibai buttsuken kounyu 県計 市部計 郡部計 横浜市 鶴見区 神奈川区 西区 中区 南区 港南区 保土ヶ谷区 旭区 磯子区 金沢区 港北区 緑区 青葉区 都筑区 戸塚区 栄区 泉区 瀬谷区 川崎市 川崎区 幸区 中原区 高津区 宮前区 多摩区 麻生区 横須賀市 平塚市 鎌倉市 藤沢市 小田原市 茅ヶ崎市 逗子市 相模原市 三浦市 秦野市 厚木市 大和市 伊勢原市 海老名市 座間市 南足柄市 綾瀬市 三浦郡葉山町 高座郡寒川町 中郡 大磯町 二宮町 足柄上郡 中井町 大井町 松田町 山北町 開成町 足柄下郡 箱根町 真鶴町 湯河原町 愛甲郡 愛川町 清川村

Cities & Towns of Chiba

競売物件購入 keibai buttsuken kounyu 県計 市計 郡計 千葉市 中央区 花見川区 稲毛区 若葉区 緑区 美浜区 銚子市 市川市 船橋市 館山市 木更津市 松戸市 野田市 佐原市 茂原市 成田市 佐倉市 東金市 八日市場市 旭市 習志野市 柏市 勝浦市 市原市 流山市 八千代市 我孫子市 鴨川市 鎌ヶ谷市 君津市 富津市 浦安市 四街道市 袖ケ浦市 八街市 印西市 白井市 富里市

Cities & Towns of Osaka

競売物件購入 keibai buttsuken kounyu 総 数 府 保 健 所 計 池 田 池田市 豊能町  箕面市  能勢町  豊中豊中市  吹 田 吹田市 茨木摂津市  茨木市 島本町 枚方枚方市  寝屋川 寝屋川市 守口 守口市  門真市 四條畷 四條畷市 交野市  大東市 八 尾 八尾市  柏原市  藤井寺 松原市  羽曳野市 藤井寺市 富田林 大阪狭山市 富田林市 河内長野市 河南町  太子町  千早赤阪村 和泉和泉市  泉大津市 高石市  忠岡町  岸和田 岸和田市 貝塚市  泉佐野 泉佐野市 熊取町 田尻町  泉南市  阪南市  岬町 大 阪 市 堺市 高槻市 東大阪市  

Cities & Towns of Hiroshima

競売物件購入 keibai buttsuken kounyu 県計 広島市 広島市中区 広島市東区 広島市南区 広島市西区 広島市安佐南区 広島市安佐北区 広島市安芸区 広島市佐伯区 呉市 竹原市 三原市 尾道市 福山市 府中市 三次市 庄原市 大竹市 東広島市 廿日市市 安芸高田市 江田島市 府中町 海田町 熊野町 坂町 安芸太田町 北広島町 大崎上島町 世羅町 神石高原町