An Education in Money.
Education, education, education! We are not born with all the skills needed for survival. Learning to walk, talk, eat safely are skills taught to us and picked up over time. Sadly an education in money, the power, the pitfalls of it and everything in between is rarely taught to us. If you are lucky enough to be brought up in a family that is open about money at least you have a head start. In my family we never discussed money, it wasn’t an option. I had a comfortable upbringing and never went without the necessities. But neither did I have everything I wanted, who does, right?
College and Work.
I was good enough in school to get through and go to University. Upon graduating University I went into the world of work and followed the same month by month pattern as the majority of the worldwide population. Nothing special but no shortfalls either, I was comfortable.
So what changed?
It was the realisation that I would not be able to provide for my family. Of course I could put food on the table, pay the rent and take care of the basics but I wanted to PROVIDE for my family. I am not talking about spoiling them but I wanted to give them more opportunities to grow and experience life than I had. And that is when I began my Education in Money, business, investing and real estate investing.
Rich Dad, Poor Dad.
It all started with this book. A mentor of mine, who I still work with today gave me a copy of the book. Lesson 1, give back! I was blown away that he would give me a book and I devoured it that night. I was off on my journey. Rich Dad, Poor Dad written by Robert Kiyosaki was first published in 1997 and tells the story of two dads with different skills, mindsets and fortunes. I was hooked and after educating myself on the local real estate market I began my property journey with no money down in 2003.
Rich Dad, Poor Dad
What did I learn from Rich Dad, Poor Dad? A quick summary;
- If your family is not wealthy, find someone else to learn about money from.
- Work gives you a job. Job stands for Just Over Broke.
- Saving won’t save you. Inflation will make the value of your savings disappear over time.
- There is good debt and there is bad debt. Learn to identify each and profit from good debt.
- The government will not support you in your old age.
- You have to find a way to support yourself.
- Investigate, find and invest in cash producing assets… and repeat.
- Once you are wealthy, give back. Just as my mentor did with me, give a book, give time, give whatever you can.
And so 20 years after first being published does Rich Dad, Poor Dad still have something to give? Absolutely! It is my go to book when someone contacts me and asks “how do I get to where you are?” I give them this book and a link to the RCPD website resource page, it’s a great place to start. Contact Sim or I today to start your journey of learning and financial freedom.
Japan open for business!
Hong Kong and China Flags
Foreign ownership welcome
As we outlined in chapter 2 of our free ebook, Japan is open to foreign property investment. Many Asian countries have laws prohibiting foreign ownership of land to ensure prices do not escalate beyond the means of local people. Japan has never had such a rule and remains open to investors regardless of their nationality. You don’t even need to live in Japan to purchase Japanese property although securing a loan while loving outside Japan would be a barrier to entry. Of course during the 1980s and 1990s the Japanese real estate bubble made investing in Japanese property undesirable. Since the bubble dramatically burst in the mid 1990s property prices have stabilised and are now more attractive than ever before.
Hong Kong and Chinese investors
At JPI we receive daily interest from potential investors all over the World and it is exciting to share opportunities with others. Recently interest has been growing from investors in Hong Kong and Mainland China. We suspect that property prices are rather high in southern China and therefore yields are low. This would account for the increased levels of interest in Japan. This article published in the South China Morning Post supports what we are seeing here in Kobe. We are happy to work with individual investors or companies from anywhere in the World. The opportunities in Japanese real estate really are boundless.
Visit our website today to learn about the various investment opportunities or call/email us to discuss ideas further.
Christmas is nearly upon us and the countdown is on! Time to check gifts off the list and start wrapping things up. For many people around the world gift giving at Christmas has long been a tradition for both young and old.
Giving gifts is a surprisingly complex and important part of human interaction, helping to define relationships and strengthen bonds with family and friends. Psychologists say it is often the giver, rather than the recipient, who reaps the biggest psychological gains from a gift.
What about gifting someone an investment?
The fun part of this type of gift is having the chance to talk with receiver about what the gift is and how it can help them in the future.
Gift for someone who has everything
We all know someone who simply has it all.
When they want something, they just go out and buy it, often the giver is then scrambling for gift ideas when it comes time for special occasions.
Whether it’s a car accessory, the latest tech gadget, or new clothes, people who already have everything don’t leave a lot of choices for well-meaning gift givers. The trick to getting the perfect presents for the people who have it all is to think up things they wouldn’t purchase on their own – and that can be a challenge.
Nobody wants to spend hard-earned cash buying an unwanted present or something that will get buried in the back of a closet.
Purchasing an investment gift could be the perfect present.
Gifts for young investors
One of the more everlasting gifts that family and friends can give is one that will teach young people about personal finances and encourage them to save. An investment present can be the gift that keeps on giving
Gifts for family members
Giving a family member an investment gift can be a great way to get someone started into investing.
An investment gift could be one of many things. These could include Stocks, Bonds, precious metals or an Index fund. Purchasing a property is probably out of most people’s financial reach.
Purchasing a share in a property for someone could be a viable option.
This is where Japan Property Investments can help you out.
Why not contact us and let us show you how you can purchase a share in a property for that special person.
Japan is preparing for the 2020 Olympics in a major way. Many are confident that this will improve Japan real estate prices in many areas. The Bank of Japan estimates economically the Olympics should bring in around ¥30 trillion ($250 billion dollars). This is many times more than the estimate of the costs to prepare for and run the event.
The biggest impact to property price is mostly to be felt in Tokyo where prices have already begun to increase but it’s expected that other areas including Osaka, Fukuoka and other larger cities to also increase.
Chinese interest in Japan Real Estate
In May this year, China Daily Asia reported that more Chinese and Hong Investors are investing in Japanese real estate. This is occuring as the country prepares for the 2020 Olympics. The reasoning is that investors are preparing to take advantage of the capital appreciation potential in the property sector as Tokyo’s population continues to increase.
According to financial services firm Jones Lang LaSalle (JLL), vacancies for top-grade homes in Tokyo hit their lowest level in the fourth quarter last year since the 2008 global financial crisis. Increases in both rental and property values have occured.
Property values could increase anywhere from 20 –30% between now and 2020.
Tourism and Japan Real Estate
Tourism has been booming in Japan in recent years and this is set to increase especially as the countries gears up for the Olympics. Holidaymakers in Hong Kong, Taiwan and China view Japan as one of the most popular destinations for holiday breaks, shopping and tasting Japanese food. Now these same tourists are finding that Japan real estate is also a popular opportunity. As tourism increases Japan is also expecting property prices to increase also.
Have you thought about investing in Japan Real Estate? Now may be the best time as it gets closer to the hosting of the Olympics.
Come and check out Japan Property Investments web page.
Find out how we can help you get started in investing in Japanese property.
But where do I start?
Our friends over at Smart Investment published a good article yesterday on Property Investment. “How to build a large investment property portfolio on an average income”. Something that both Sim and I have done. JPI is the next level of our journey and our attempt to give back and educate others. There has never been an easier time to learn the fundamentals of and profit from Property Investing.
The article states 4 easy steps;
- Do your research
- Obtain a mortgage
- Use your equity
- Don’t wait
Easy, right? Research is vital. Not only property research but investigating what is involved in being a landlord. Legally what do you have to provide your tenants? How do you complete the necessary paperwork? Where do you find great tenants or how do you choose a real estate agent? There is limitless information out there.
Obtain a mortgage.
Depending upon your situation, this may not be so easy. Since the credit crunch banks around the world have become more careful with who they loan to. However loan rates are at an all time low. If you have a full time job and can prove you are a ‘safe bet’ you could land a excellent mortgage. Again, research, research, research.
In the article Paul Glossop writes about using equity that you have built up in your personal home. However you may take the Rich Dad Poor Dad (RDPD) route and save your equity for a down payment on a rental property. RDPD’s philosophy was to send all available cash on a buy-to-let portfolio that afforded you enough money to pay for your own dream home.
Lastly, don’t wait. This is vital. The earlier you get into property investment the quicker you profit. Don’t read that as ‘quick profits’. It takes 20-30 years to pay off a mortgage but when you do the pay back increases. The longer you put off investing the long it will be till your profits roll in.
Do your research today, or call/email us at JPI to see how we can help you get involved immediately. Sim and I have 20 years combined knowledge of research and taking action in property investment. “Invest together grow together”.
Is purchasing student accommodation a wise investment? Many countries are seeing a rise in students attending Universities rather than heading straight into the workforce. This is excellent news for anyone who is thinking or has already invested, as it’s likely that students will be fighting to live in your accommodation.
In many countries student accommodation is one of the strongest performing asset classes due to the constant demand for somewhere to live. If students are happy with the property they may be there for years and when they leave they are more likely to recommend the property they were in. Students will be looking for the following
- Properties are conveniently located to public transport, shops and of course the University.
- Accommodation is clean and livable
- It offers access to wifi.
- Has electrical goods such as fridge, television and washing machine
Student Accommodation in Japan
What about Japanese student accommodation market?
Like other countries the demand in Japan for decent student accommodation is also very high. Of any country, Japan is one which offers even more benefits. Purchasing this type of investment in Japan has securities that other countries may not have such as:
- Students are respectful of the property, maintaining it and regularly cleaning.
- Parents must be a guarantor of the property. Meaning all bills are paid
- Students will generally stay in a property for a minimum of 3 years. Often recommending the property to others when they are to leave.
- Attending university is a high priority for many Japanese
JPI has student accommodation opportunities for you!
Maybe this is an investment you would like to add to your portfolio!
JPI has an excellent investment opportunity of a 1-bedroom student unit.
JPI makes sure that the investments meets specific criteria and that the returns are high.
For more information, visit the JPI webpage