Who owns short term rentals in Japan?

[Charles Roberts]

Aloha! 

I'm currently in process of purchasing a home in Kyoto, Japan and wanted to connect with other US Citizens who also own investment properties in Japan. I'd love to hear your feedback on success or struggles and anything I should expect. We live in Hawaii currently and have no ties to Japan. We just love the country and plan to visit often and figured why not expand our business into Japan. We currently own/manage properties across a few states including Hawaii so we aren't new to managing short term/mid term rentals. We plan to do a little remodeling and then will need to fully furnish the home so it is ready for guests. I do understand the Japan market does not see the kind of appreciation we are used to in the West. I'm investing mainly for cash flow and the ability to have a home base when we come visit and possibly will turn into longer term stays in Japan in the future. We have two young boys who also enjoy Japan and hoping we can all begin to learn the language and possibly enroll them into an International School during the summers. My wife and I have moments where we think maybe we should just cancel this but then we get excited about the new adventure and path it could put us on if we do move forward with this. Hoping to connect with some great people here on this topic! 

[Charles Roberts]

Quote from @John Rankin:

Hi Charles, I'm also based in Honolulu with young kids and in a similar situation to you, have also thought about buying an investment property in Japan that we could use part-time and rent out at other times. I used to live in Tokyo for 6 years and would like to find a reason to go back more regularly but let me know if you want to connect!

 Hey John! What part of the island are you on? I'm over on the north shore Haleiwa. Would love to connect. Send me a message with your email or Instagram details! I'm in "escrow" on a property in Kyoto which handoff should be completed by the end of next month. We are set to head back to Kyoto in a few months to start prepping the property ready for guests. The process has been difficult and stressful and we almost gave up a few times. We already have a few mid-term booking requests so just as I thought, my vision of what's possible is coming to reality.