All Forum Posts by: Kiley N.

@Casey Boerger

Highly recommend you have a chat with @Zachary C. .  Great philosophy on property management. 

Best of luck!

Nicely put, @John Barrett , the optimal balance between cash, equity, leverage, and cash flow is an elusive target that probably changes by the minute in today's world of unlimited information.  Multiply that by the complexity of each investor's individual circumstance and you get an infinite number of optimal strategies.  That's part of what makes the discussion on strategies so interesting.

Over leveraging to increase cash flow carries certain risks.  Under leveraging carries a different set of risks.  Understanding and managing that balanced level that fits our personal situations at different stages of our investing careers is the goal we all strive for.  

Thanks for the question @Jack B. !  Always great to learn about how other REIs view things from their respective places along the journey.  

Also shout out to @David Zheng , gotta love that self awareness :)

Hi @Bruce Crawford

The advantage to REI in Japan is, in my experience, the financing terms. Since you have been living in Japan for 11 years I assume you have permanent residency status at this point?

There is an active community of investors in Japan that host meetups in Tokyo. Try the search below and reach out to a few of the JP members. 

https://www.biggerpockets.com/search?utf8=%E2%9C%9...

Best of luck!

Kiley

@Howie Baker

I agree with @Seth Williams , sounds like another way of saying YTD or the 10-month period from 1/1 to 10/31.  If this year to month end is its own column then maybe you got the trailing twelve numbers in another column?

@Ben Vandorn @Scott Rose

If either of you are in the downtown area during the daytime let's connect!

@Teho Kim

I second @Steven Dreyer , investing from a distance is doable and you will definitely want to place a good bit of your focus on finding a good property management company.  

There also happens to be an active community of investors doing this from Japan on the forums.  Do a search for Japan and many of them will pop up. 

https://www.biggerpockets.com/search/users?term=ja...

Best of luck!

@Mike F.

The question of why the bank is asking appears to be covered but to summarize:

1.  Regulatory (e.x. money laundering laws, KYC)

2.  Due diligence:  It is prudent for the lender to understand the use of its funds.  

3.  Reputation Risk:  Beyond regulation, there is also a PR risk if the lender ends up financing illicit activity.  

Honesty is the best policy.  If I lend and find out over time that someone lied, that brings their character into question.  The answer to whether the funds were used for their stated purpose will generally be reflected in the next set of updated financials.   

Hi @Mark Fries :  I agree with @Jason Grey .  Happy to connect on the 35805.  You could also speak with @Tim White who invests in the area.  

Good news for REIs in HSV:

https://whnt.com/2018/11/27/study-reveals-huntsvilles-rent-rising-at-one-of-the-fastest-rates-in-the-nation/