PropertyInvesting.com | TokyoJoe | Activity https://www.propertyinvesting.com/members/tokyojoe/activity/ Activity feed for TokyoJoe. Sat, 11 Apr 2026 15:00:02 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 da3b9de5b12ab06bf78c428c947deff3 TokyoJoe replied to the topic Tokyo Meeting in the forum Overseas Deals https://www.propertyinvesting.com/topic/4385239-tokyo-meeting/#post-4546352 Mon, 08 May 2006 12:59:01 +0000 C2, I live in Tokyo and would be happy to meet up some time if you are still here.

Advertise your property for free: http://nzproperty.org/

]]> 8b87de153be7abd231bbad99446af963 TokyoJoe replied to the topic Jamie McIntyre in the forum Heads Up! https://www.propertyinvesting.com/topic/4383171-jamie-mcintyre-4/#post-4535182 Sat, 17 Dec 2005 11:28:00 +0000 Kerwyn, what do you mean exactly by “she has a number one ranking on Google for her web sites.”

Advertise your property for free: http://nzproperty.org/

]]> 4668969853e16ad360eccf631faf531e TokyoJoe replied to the topic is demand slowing in NZ ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4383252-is-demand-slowing-in-nz/#post-4535688 Fri, 18 Nov 2005 16:17:13 +0000 Sometimes it seems like Buffalo is a new state in NZ on this forum. Perhaps a new US forum needs to be created.

Advertise your property for free: http://nzproperty.org/

]]> d0e63eba7eaaa5dbc204e2fa4a11a11b TokyoJoe replied to the topic Which Country in the forum Overseas Deals https://www.propertyinvesting.com/topic/4382599-which-country/page/2/#post-4531981 Sun, 23 Oct 2005 00:26:20 +0000 Mini, Yes I will probably be still here. 9th year in Japan. I have the same ideas as you. I have seen a boarding type of house for around $180K. It needed a lot of work, but the potential is there. Renovation is slowly becoming more popular here. The only thing which makes me hesitant is earthquakes! We seem to be having so many lately…[Read more]

]]> 49318aa85ee354b5fe455a79c72ea6bc TokyoJoe replied to the topic Which Country in the forum Overseas Deals https://www.propertyinvesting.com/topic/4382599-which-country/#post-4531975 Wed, 12 Oct 2005 23:51:04 +0000 You are probably talking about Niseko in Hokkaido. I planned to go there once, but the agent messed up our booking. Zao is also good for skiing. Ski fields are a good niche. The numbers of people of skiing in Japan has decreased a lot from the 80s 90s boom economy. International tourists could help with a turn around in the property…[Read more]

]]> 129412fdc3fabbb8da7c48286634d244 TokyoJoe replied to the topic Private Sales in NZ in the forum Overseas Deals https://www.propertyinvesting.com/topic/4382609-private-sales-in-nz/#post-4532098 Tue, 11 Oct 2005 14:00:45 +0000 Thanks Peter. I could only get this site to work:

http://www.houses.co.nz/

Their standard package starts from $695.00. You can advertise on the site I am developing for free!

http://nzproperty.org

It is also gives me the idea that I need to team up with a printing company or a signboard company that would like to partner with me in my new…[Read more]

]]> 642a36a588c3747cd6700e5e3d46a584 TokyoJoe replied to the topic Which Country in the forum Overseas Deals https://www.propertyinvesting.com/topic/4382599-which-country/#post-4531966 Mon, 10 Oct 2005 00:37:22 +0000 There are new buildings going up everywhere. I believe there is a lot of confidence. One of my ozzie mates is planning on buying an apartment for investment.

Here are some of the problems:

– obtainting finance – difficult for foreigners to get loans
– earthquakes
– fairly high building maintenance costs

Here are some of the advantages

– high…[Read more]

]]> f1f2205c0c2878949f7a89a5f1d3e068 TokyoJoe replied to the topic Which Country in the forum Overseas Deals https://www.propertyinvesting.com/topic/4382599-which-country/#post-4531963 Sun, 09 Oct 2005 11:50:13 +0000 Tokyo has had its first gains in prices in 15 years. The lowest point has definitely been met. Japan could be a great place to invest, but obtaining finance in country is very difficult – if impossible for non-residents. If you have the cash you could expect some good returns.

Advertise your property for free: http://nzproperty.org/

]]> d32ebe016af1727e9bc1fc6c7813f46c TokyoJoe replied to the topic NZ Property Site in the forum Overseas Deals https://www.propertyinvesting.com/topic/4382542-nz-property-site/#post-4531609 Sat, 08 Oct 2005 22:32:16 +0000 I am still in Tokyo. If I can have some success with the site, maybe I will move back OZ or NZ.

If anyone would like any info on the Tokyo/Japan property market, please let me know.

Advertise your property for free: http://nzproperty.org/

]]> 798119d83f09a471576533336ae6ebdd TokyoJoe replied to the topic Hawera in the forum Overseas Deals https://www.propertyinvesting.com/topic/4382091-hawera/#post-4528743 Wed, 05 Oct 2005 12:34:00 +0000 815k in property seems a lot to me. Do you have any problems managing this?

OZ and NZ property managers seem to be quite different from my experience.

Advertise your property for free: http://nzproperty.org/

]]> a9c37567909e562c85fa18f863bd6ae9 TokyoJoe replied to the topic The future for Tokoroa in the forum Overseas Deals https://www.propertyinvesting.com/topic/4381263-the-future-for-tokoroa/#post-4523371 Sat, 23 Jul 2005 08:26:35 +0000 Sounds good to me!

My online investing diary: http://www.retireyoungandwealthy.com/

]]> 0980b2f65eb1b1afd366464d8e5528e4 TokyoJoe replied to the topic Building Inspection in the forum Overseas Deals https://www.propertyinvesting.com/topic/4380489-building-inspection/#post-4518086 Tue, 31 May 2005 15:10:28 +0000 Thanks for your help. I was eventually able to find a builder in the town.

My online investing diary: http://www.retireyoungandwealthy.com/

]]> 3eaf48c9cdec0a7a0ef9e6d11d289ea1 TokyoJoe replied to the topic Amazon in the forum No Subject https://www.propertyinvesting.com/topic/4379031-amazon/#post-4508438 Mon, 21 Mar 2005 15:03:33 +0000 Steve,

Thanks for your comments. I bought both books while I was in Australia and they have given me a lot of inspiration. I just thought you could sell more books if they were available through Amazon. Even though they are fairly specific to Australia I am sure people internationally would benefit from them.

If you are ever interested in…[Read more]

]]> bd4f4b0174c66ead4f61f3f3144eccff TokyoJoe replied to the topic Estate agency in court over ads in the forum General Property https://www.propertyinvesting.com/topic/4379082-estate-agency-in-court-over-ads/#post-4508766 Thu, 10 Mar 2005 18:52:33 +0000 I have heard of other businesses getting into trouble with this. I am sure there are some strict laws on this. You can’t advertise something for $1 and then when people visit your store charge $10. Any lawyers out there? Please help!

My online investing diary: http://www.retireyoungandwealthy.com/

]]> 3412c4e8c7c5e56bd812325a1aa9fede TokyoJoe replied to the topic Seminar Scams... in the forum General Property https://www.propertyinvesting.com/topic/4378935-seminar-scams/#post-4507818 Thu, 10 Mar 2005 18:47:56 +0000 … and in the video age, some people are probably too lazy to read books.

My online investing diary: http://www.retireyoungandwealthy.com/

]]> 69383741d58a54b3b15e3fe2a23b226a TokyoJoe replied to the topic Property investing in USA in the forum General Property https://www.propertyinvesting.com/topic/4379093-property-investing-in-usa/#post-4508848 Thu, 10 Mar 2005 18:45:41 +0000 Westsan is advertising properties in the US. Maybe he will post here. Personally, I would be taking at least one trip there before buying anything. I have many friends from the US who can vouch for different areas of the US, if you could let me know where you are interested in buying.

My online investing diary: http://www.retireyoungandwealthy.com/

]]> ef08c1db9eea9356c263d31f723e9c31 TokyoJoe replied to the topic Making money from your own property in the forum General Property https://www.propertyinvesting.com/topic/4379084-making-money-from-your-own-property/#post-4508771 Thu, 10 Mar 2005 18:41:13 +0000 I don’t know why you would write this info on your tax form. You could probably receive the money cash no problem. Any ATO officials reading this? $250 a week is better than any investment property! I have met with some people and loved doing this. My own family, wouldn’t think of taking money. Each to their own as they say. If anyone needs…[Read more]

]]> 92bcc3e6a3e4c2b919b0ac1991fe506d TokyoJoe replied to the topic Estate agency in court over ads in the forum No Subject https://www.propertyinvesting.com/topic/4379082-estate-agency-in-court-over-ads/#post-4508763 Thu, 10 Mar 2005 01:45:23 +0000 Please post the results of this case. I am most interested. Most agents’ magazines that I have seen use a similar practice.

My online investing diary: http://www.retireyoungandwealthy.com/

]]> fb288dd33cb1a02bd6241e757dad7ce7 TokyoJoe replied to the topic Are you putting your rent up? in the forum General Property https://www.propertyinvesting.com/topic/4378966-are-you-putting-your-rent-up/page/2/#post-4508075 Wed, 09 Mar 2005 16:24:46 +0000 Great discussion. Personally I wouldn’t increase the rent on an excellent tenant. Why not wait until they move out and then advertise the property at a higher rent.

Also, how about trying to reduce the property manager’s fees. Has anyone tried this? If they have managed a property for a long time, and there is a good long term tenant in…[Read more]

]]> 47cf66d1a852fcebf5d033d7f175600c TokyoJoe replied to the topic Seminar Scams... in the forum General Property https://www.propertyinvesting.com/topic/4378935-seminar-scams/#post-4507816 Wed, 09 Mar 2005 15:58:59 +0000 In the end you have to go out and do it for yourself. I think many people go to seminars thinking they will learn every detail as to what to buy, where to buy and how to go about making the purchase. Probably the most people get out it is the motivational aspect, kind of like reading a Kiyosaki book. Doing the research yourself will be a lot…[Read more]

]]> 9e9192e616e23df3d75a56bd3c2c0c03 TokyoJoe replied to the topic Tokoroa in the forum Overseas Deals https://www.propertyinvesting.com/topic/4378960-tokoroa-2/#post-4508004 Tue, 08 Mar 2005 15:11:08 +0000 I just bought in Tokoroa myself. For the same price as a beach hut in Melbourne I got 2 reasonable houses. If it’s going to be a ghost town in 2026 maybe I will go retire there in peace!

My online investing diary: http://www.retireyoungandwealthy.com/

]]> 8cf41a2153d98422f5e3174ad2d7db6c TokyoJoe replied to the topic NZ or Aussie? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378953-nz-or-aussie/#post-4507965 Tue, 01 Mar 2005 15:39:46 +0000 If I were you I would keep buying properties in NZ. You won’t be finding places easily with high CG, or with +ve cash flow in Australian cities. If you can still find +ve properties in NZ I would be buying them up before they all go.

My online investing diary: http://www.retireyoungandwealthy.com/

]]> 69d0aafa3aaff7c9e81c361629352225 TokyoJoe replied to the topic Myth Busters - Episode 2! in the forum General Property https://www.propertyinvesting.com/topic/4378744-myth-busters-episode-2/page/2/#post-4506652 Thu, 24 Feb 2005 16:41:20 +0000 My own experience with my single IP in the last 4 years is that CG has been very good, but rental growth has been very limited. Saying that, I haven’t spent anything on the place in the last 3 years, have had 3 tenants and haven’t missed one week (possibly day) of rental income.

The property is an older flat in inner-Melb and rental income is…[Read more]

]]> 48e785b50308c7d0bc1b0e04a613096c TokyoJoe replied to the topic My 3rd property - And counting ! ! ! in the forum General Property https://www.propertyinvesting.com/topic/4378867-my-3rd-property-and-counting/#post-4507346 Thu, 24 Feb 2005 16:30:20 +0000 Congratulations! I am also on my second property now. I bought my first one a few years ago. I have done pretty well out of it, 61% gain in 4 years, but at that time I didn’t even think about negotiating on the price. I remember my hand shaking when I wrote a cheque out for the deposit, but know I do everything from the keyboard.

My online…[Read more]

]]> 879fc0d13cf1db9c4da09522b7f36969 TokyoJoe replied to the topic OZ property market out of control in the forum General Property https://www.propertyinvesting.com/topic/4378894-oz-property-market-out-of-control/#post-4507534 Thu, 24 Feb 2005 16:21:24 +0000 Yes, I guess I was a little quick there with my judgement. Hope you don’t take it too much the wrong way :-) Got home from work and saw this property emailed to me and couldn’t believe how much it was worth.

They are now very much a Melbourne icon, but I was questioning is it really worth the money if you can’t own the land, or can you? Could a…[Read more]

]]> a9678a7a99ca0b9057cde772ca95f3e6 TokyoJoe replied to the topic Experiences with Students? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378889-experiences-with-students/#post-4507489 Thu, 24 Feb 2005 16:06:38 +0000 My first tenant was a student. He didn’t have a job but the agent said she had seen his bank account and he had plenty of money (mostly from his doctor-father). I was a student once so I thought I would give him a go. No problem paying the rent, but after about 8 months I got complaints from neighbours about him being noisy. The other people…[Read more]

]]> 59f034ba50b4c5ae8afc04843f2867ec TokyoJoe replied to the topic I Need Help To Do More Deals! in the forum No Subject https://www.propertyinvesting.com/topic/4378896-i-need-help-to-do-more-deals/#post-4507545 Thu, 24 Feb 2005 15:59:19 +0000 Simon,

If your goal is to work less and/or work at home you might want to consider internet affiliate marketing to suplement your rental income. It’s a great way to earn money if you are internet savy (being a software engineer will probably help). I know some people making a lot money from google adwords.

My online investing diary:…[Read more]

]]> 64efc1a6a8dd8e39f1620169f080ca47 TokyoJoe replied to the topic HECS in the forum Help Needed! https://www.propertyinvesting.com/topic/4378875-hecs/#post-4507391 Thu, 24 Feb 2005 15:52:11 +0000 > How is this related to property?

When I applied for a new loan last week, I had to provide my latest HECS statement. It’s a debt like any other. There is no interest, but the debt does increase with inflation.

My online investing diary: http://retireyoungandwealthy.blogspot.com/

]]> 5accb7a394852f90139a7608090f327e TokyoJoe replied to the topic Units in US in the forum Help Needed! https://www.propertyinvesting.com/topic/4378749-units-in-us/#post-4506692 Thu, 17 Feb 2005 13:09:29 +0000 What sites are you looking at? The US is a big new frontier for me, but I am getting more interested. One problem is that there is just too much information for the US and it’s difficult to know where to start.

My online investing diary: http://retireyoungandwealthy.blogspot.com/

]]> 443eaf5c05464048bc994eb1baa3f5e8 TokyoJoe replied to the topic Looking for a tech-savy accountant in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4378403-looking-for-a-tech-savy-accountant/#post-4504578 Tue, 08 Feb 2005 12:52:44 +0000 Thanks, I will give it a try.

My online investing diary: http://retireyoungandwealthy.blogspot.com/

]]> 772f2324caa1a7802db76dcf70c212c7 TokyoJoe replied to the topic First NZ property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4378472-first-nz-property/#post-4505036 Sat, 05 Feb 2005 05:36:11 +0000 I won’t be going to see it before I buy it, but I will probably go for a holiday to NZ sometime this year. I probably would never have thought about buying a property unseen until not so long ago, let alone in a foreign country. I know shares and property are a different investment, but if you buy some shares in a company, I doubt that anyone…[Read more]

]]> 9baff8848ba0e76600ed027d0c1a8353 TokyoJoe replied to the topic First NZ property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4378472-first-nz-property/#post-4505031 Fri, 04 Feb 2005 01:12:04 +0000 I called an agent about a property which had already been sold. He told me about this property. It wasn’t even listed yet so I don’t think I had any competition. I have been receiving email from a number of spotters but everything gets sold before I even have a chance to show interest in the property. So in this case, fortunately I didn’t have…[Read more]

]]> 8b07944d6f0d484d7ff2b532a6f338a0 TokyoJoe replied to the topic foreclosures??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378434-foreclosures-7/#post-4504738 Thu, 03 Feb 2005 17:01:49 +0000 I have been to a State Trustee auction in Melbourne and it wasn’t much different than buying from an ordinary seller. Unfortunately, not much cheaper than a usual auction, and people where more interested because they thought it might be cheaper.

If anyone knows a site of upcoming auctions, please let us all know.

My online investing diary:…[Read more]

]]> a9ac423de2b436ad5f4cc216370170a0 TokyoJoe replied to the topic Taking my first step... in the forum Help Needed! https://www.propertyinvesting.com/topic/4378402-taking-my-first-step/#post-4504575 Mon, 31 Jan 2005 16:03:58 +0000 Sorry, but I don’t want to offer any advice as I really think you need some good professinal advice from someone who knows your situation better.

At least now you are starting to research and read more. Don’t worry, we have all been in this situation before.

Question everything, assume nothing.

My online investing diary:…[Read more]

]]> e91fb7f23774da417dcffda369c52d52 TokyoJoe replied to the topic Inner city appartments in Melbourne. in the forum Help Needed! https://www.propertyinvesting.com/topic/4378399-inner-city-appartments-in-melbourne/#post-4504560 Mon, 31 Jan 2005 15:56:36 +0000 My bank won’t loan money for inner-city apartments. They say there is too much fluctuation in value. Personally, I think you can’t go wrong investing in the established inner-city suburbs of Richmond and South Yarra.

My online investing diary: http://retireyoungandwealthy.blogspot.com/

]]> dc56faa14ee5a8aa412f1758a204f93b TokyoJoe replied to the topic Borrowing to live?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378342-borrowing-to-live/#post-4504279 Sun, 30 Jan 2005 14:46:52 +0000 It’s a position I want to be in a couple of years. So many Australians wouldn’t even dream of renting as they see this as throwing money down the drain, or paying of someone else’s mortgage. I see this a little different now. If you rent a nice place in Sydney you don’t have to worry about paying rates, stamp duty etc. Keep investing in NZ for…[Read more]

]]> d6dc58aa14f962f49aeb33f188a7c2c1 TokyoJoe replied to the topic Am I too Young? in the forum Help Needed! https://www.propertyinvesting.com/topic/4378335-am-i-too-young/#post-4504250 Sun, 30 Jan 2005 14:35:54 +0000 Investing in real-estate takes some money to get started. It is a good way to invest if you are time-poor but money rich. If you are still studying you are probably in the time-rich, money-poor bracket. Consider ways to to build up a sizeable deposit so the banks can’t knock you back. Building web-sites is a good way to generate cash-flow to…[Read more]

]]> a8849e35db3d6aa9bd9ae43f18aa9786 TokyoJoe replied to the topic Melbourne investing in the forum Help Needed! https://www.propertyinvesting.com/topic/4378365-melbourne-investing/#post-4504385 Sun, 30 Jan 2005 14:19:38 +0000 You should consider commercial property if you are looking strictly for cash flow +ve properties in Melbourne. Commercial properties can be good, but your success will depend on the success of the business which operates in your property and you have to pay GST on the purchase. However, outgoings are paid by the tenant. A shop with an apartment…[Read more]

]]> 7b008834b99d9c1ec31e03d293e845a9 TokyoJoe replied to the topic NZPI tax/accounting structure advice - EXPERIENCED in the forum Overseas Deals https://www.propertyinvesting.com/topic/4378073-nzpi-taxaccounting-structure-advice-experienced/#post-4502620 Wed, 26 Jan 2005 15:52:54 +0000 Sorry, I am not an accountant or an expert in this but since no-one else has replied, I thought I would add my own 2 cents. From the research I have done, it is better to have a trust in NZ to buy properties through, otherwise you will be liable for CG tax in Australia. Currently there is no CG tax payable in NZ. NZ accountants are probably…[Read more]

]]> 949fd0c0afcdb57da4375dfa2b12e7b0 TokyoJoe replied to the topic Building a good NZ team in the forum Overseas Deals https://www.propertyinvesting.com/topic/4378155-building-a-good-nz-team/#post-4503200 Tue, 25 Jan 2005 15:12:32 +0000 ggumpshots,

Thanks for the advice. I met with NAB and Lloyds last year. I want to get a couple of lower priced properties under my belt first using Ozzie finance before I look into a bigger purchase using a yen loan. If I take out a yen loan I would be looking for the biggest capital gains possible rather than positive cash flow and make the…[Read more]

]]> b78d936ef80e53c6043f83902c85e9bf TokyoJoe replied to the topic Proactive, not reactive:NZTip of the Day in the forum Overseas Deals https://www.propertyinvesting.com/topic/4378181-proactive-not-reactivenztip-of-the-day/#post-4503319 Tue, 25 Jan 2005 15:06:11 +0000 Here’s an on-line listing of local newspapers which I found on propertytalk:

http://www.stuff.co.nz/nz_newspapers.html

My online investing diary: http://retireyoungandwealthy.blogspot.com/

]]> cac094d41c9515a779a727b290e1cd49 TokyoJoe replied to the topic Building a good NZ team in the forum Overseas Deals https://www.propertyinvesting.com/topic/4378155-building-a-good-nz-team/#post-4503198 Sun, 23 Jan 2005 05:57:11 +0000 I am planning to use Lloyds, NAB or ANZ. They all offer loans for overseas properties. I have contacted MasterAccountants and so far they have been helpful. I just need to find a good property!

My online investing diary: http://retireyoungandwealthy.blogspot.com/

]]> ab990d1ec7bd2ffaead24aa9327d7235 TokyoJoe replied to the topic Building a good NZ team in the forum Overseas Deals https://www.propertyinvesting.com/topic/4378155-building-a-good-nz-team/#post-4503195 Sat, 22 Jan 2005 07:32:31 +0000 Thanks for your comments. I have been doing more research in the last couple of weeks and slowly building up more information and gathering more contacts. I will apply for finance so at least when I come across a good deal I will have this ready.

If I get any good increase in equity I will probably sell and pay back the loan. A yen loan of…[Read more]

]]> becef3c9ae74427e9a018b6a9c831af4 TokyoJoe replied to the topic studio apartment in the forum Help Needed! https://www.propertyinvesting.com/topic/4378034-studio-apartment/#post-4502383 Mon, 17 Jan 2005 13:00:36 +0000 Are you factoring in the body corp and rates to make this cash flow +ve? In some areas I have seen the rates are not much lower than a house. You could also increase rent if you put in some furniture to make it attractive to students.

My online investing diary: http://retireyoungandwealthy.blogspot.com/

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