Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Harold Petty
  • Tokyo, Tokyo
1
Votes |
6
Posts

Newbie in Tokyo looking for advice on how to start

Harold Petty
  • Tokyo, Tokyo
Posted

Hi All,  New to BPs and wanting some advice on investing from abroad.  I know this has probably been discussed in the past but wanted to see if anyone has some insights ( I remember hearing one of the podcasts I believe it was James Vermillion on episode #23). James had a partner he was working with and was most likely being paid in USD so it is a bit different than my situation. 

I currently live and work full time in Tokyo Japan for a recruitment consulting firm and have only recently started researching about real estate investment.  My overall goal is to start building of rental properties in order to generate passive income while I continue to live and work full time here in Japan.  Obviously, it is less than ideal as I will not be able to physically look at every property I am interested in, and not to mention the challenge of trying to get financing while living/working abroad. 

Has anyone had any experience with this or any clue where to begin?  Again, I am at the very start of all of this so ANY advice/tips will be really helpful. 

Looking forward to hearing from the community! 

Most Popular Reply

User Stats

6
Posts
1
Votes
Harold Petty
  • Tokyo, Tokyo
1
Votes |
6
Posts
Harold Petty
  • Tokyo, Tokyo
Replied
Originally posted by @Brett K.:

Consider a REIT or partnering with someone on the ground in a local you fancy.

 Hello Brett! Thanks for the reply.  That is a fantastic idea.  I have actually been reading more and more about REITs as I just finished one of Grant Cardone's book talking about it.  Have you had any experience in investing in REITs?   

Loading replies...