First ever property purchase while working full-time in Japan

First ever property purchase while working full-time in Japan

Japan · Member since 2018 · 4 posts · 4 votes

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $123,700
Cash invested: $25,600

Single-family buy & hold turnkey purchased while stationed overseas in Japan

What made you interested in investing in this type of deal?

Turnkey allowed me to invest with less cash to start out with (no startup reno budget) and the least amount of time involvement on my end to get the first deal under my belt. Both were key factors necessary for me to pull the trigger given the 15-hour time difference and working full-time.

How did you finance this deal?

Conventional

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Agent / PM brought the deal to me already reno'd and rented

1Reply
21 views

5 Replies

Jump to latestLatest
  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    5y

    @Jenn Brenton congratulations on this investment!

  • Member since 2020 · 32 posts · 18 votes
    5y

    congrats! Be careful of the bug! once you get your first property, its hard to stop! I just closed on my first turnkey rental this January, I am hoping to close on another one next week.

    What market did you purchase in?

  • Torrance, CA · Member since 2018 · 16 posts · 2 votes
    5y
    Originally posted by @Jenn Brenton:

    Investment Info:

    Single-family residence buy & hold investment.

    Purchase price: $123,700
    Cash invested: $25,600

    Single-family buy & hold turnkey purchased while stationed overseas in Japan

    What made you interested in investing in this type of deal?

    Turnkey allowed me to invest with less cash to start out with (no startup reno budget) and the least amount of time involvement on my end to get the first deal under my belt. Both were key factors necessary for me to pull the trigger given the 15-hour time difference and working full-time.

    How did you finance this deal?

    Conventional

    Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

    Agent / PM brought the deal to me already reno'd and rented

    Congrats, Jenn! I'm purchasing my first one too! Let's gooooo!! 

  • Attorney · Tokyo, Japan · Member since 2016 · 184 posts · 145 votes
    5y

    @Jenn Brenton - Congrats!  I'm also a Japan-based investor, and I too started with turnkey when I was based in Tokyo.

    I love to connect with other Japan-based investors, so if you're interested let's try to chat sometime in the next few weeks.

    Congrats again, that first one is a big step.

    Best,

    David

  • Rental Property Investor · Centreville, VA · Member since 2019 · 1k+ posts · 799 votes
    5y

    This is amazing!! Just goes to show what is possible with Real Estate. Out of county investing at its best. Congratulations!! 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.