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Own a house in Japan, want to rent it out

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Sherrod Segraves

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Sep 3, 2003, 11:30:16 PM9/3/03
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My wife and I live in America now, but we still own a house in Japan (in a
suburb of Kofu, in Yamanashi). We'd like to rent it out, but don't really
know where to start.

Anyone have any experience in the matter?

We're wondering if it's possible to offer a furnished house for rental, or
if we'd have to clear it out first.

My wife is also afraid that yakuza will somehow take advantage of us if we
open up the house for rental. I think she's afraid that yakuza would move in
then refuse to move out unless we pay them.

--Sherrod


Ryan Ginstrom

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Sep 4, 2003, 12:15:33 AM9/4/03
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"Sherrod Segraves" <sseg...@NoCannedPinkMeat.austin.rr.com> wrote in
message news:cly5b.716$g56...@twister.austin.rr.com...

> My wife and I live in America now, but we still own a house in Japan (in a
> suburb of Kofu, in Yamanashi). We'd like to rent it out, but don't really
> know where to start.
>
> Anyone have any experience in the matter?

Especially since you will be doing it from a distance, I'd get one of those
real estate companies to handle it for you. That seems to be the norm
anyway. We checked out a couple places, all will handle the signing/vetting
for you, some will handle maintenance for a fee.

> My wife is also afraid that yakuza will somehow take advantage of us if we
> open up the house for rental. I think she's afraid that yakuza would move
in
> then refuse to move out unless we pay them.

As long as they pay rent, what's your problem? Get a decent company to
manage the property and the standard "no bar girls, dogs or foreigners"
clause and you're bulletproof.

--
Regards,
Ryan Ginstrom

Dave Fossett

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Sep 4, 2003, 5:19:00 AM9/4/03
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Sherrod Segraves wrote:

> Anyone have any experience in the matter?
>
> We're wondering if it's possible to offer a furnished house for rental, or
> if we'd have to clear it out first.
>
> My wife is also afraid that yakuza will somehow take advantage of us if we
> open up the house for rental. I think she's afraid that yakuza would move
in
> then refuse to move out unless we pay them.

Basically just repeating what Ryan has already said, but contacting an
estate agent is definitely the way to go. We are also currently looking into
doing this. For a fee, the estate agent will do all the dirty work for you.
Your wife's fears about yakuza moving in seem rather bizarre, but that is
another reason for getting someone experienced to handle everything for you,
especially if you are not currently in the country.

--
Dave Fossett
Saitama, Japan

Sherrod Segraves

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Sep 4, 2003, 7:11:50 AM9/4/03
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> > We're wondering if it's possible to offer a furnished house for rental,
> > or if we'd have to clear it out first.

> We are also currently looking into doing this. For a fee,


> the estate agent will do all the dirty work for you.

I thought that might be best, but my wife is nervous. Hearing about others
doing this may make her more comfortable.

> Your wife's fears about yakuza moving in seem rather bizarre

The habit of backing into a parking space always seemed odd to me. (There's
even the new Honda Prius, with an option for automatic back-in parking.) You
generally lose more time backing in than you save when pulling out. My wife
claims that Japanese often back in when parking to avoid backing out of a
space because a Yakuza might be ready to suddenly drive behind you, then
demand money for the accident. That seems even more bizarre.

Ryan and Dave, thanks. I remember both of you from when I used to be a quiet
regular in this group. It's nice to get responses from some of the saner
members.

--Sherrod


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