Basically as the title describes – I inherited a property in Japan right outside of Hiyoshi Station. It’s borderline connected to the station itself so it’s in a fantastic location.
The property was built by hand, and in my opinion, will likely need to be torn down and rebuilt. Looking around at other buildings in the area it looks like their is a maximum height (4 stories), and the bottom floor can be commercial property.
My wife does not have a Japanese passport, but could get one if it makes sense.
I’m fairly savvy financially but quite frankly I don’t even know where to start with this. Me and my wife do not speak Japanese although there is a family member who has offered to help.
I get the feeling that rental properties don’t cash cow quite the way they do in the US (where we currently live), but I have to imagine the value of the land is insanely high.
Any suggestions/thoughts? As a final point – I’m a CPA in the US so I am not completely clueless. But yea – this is an entirely different beast.
by [deleted]