Hello everyone, this is Shiji from Huno. So, we're at episode 73 of the Goku Prefecture Golem. Yes, it's Oguchi and Katsu. I've already said it twice because it's important. So, today's topic is about Gucci's purchased property in China, which is struggling to fill vacancies. It's been quite tough, isn't it? How many rooms are there in total? Well, out of 23 rooms, 17 are vacant. That's quite a lot, isn't it? There are 6 rooms available. Was it like that when you bought it? Yes, yes, it was around that number. We did a significant renovation, but there hasn't been any movement at all. Seriously. We had some tenants move in, but there were also some move-outs. Initially, we had about 6 or 7 rooms occupied, and then about 2 rooms got filled, but then 2 more rooms became vacant. In this situation, it's tough to fill them up. By the way, how much is the rent for each room? It's around 200,000 yen, right? That's quite cheap. Is the wallpaper inexpensive? It should be around that.

いや、壁紙もそうだし、エアコンも変わってるし、あまり安くないんだよね。どんなレベルのリフォームかによるけど、ま、ま、ま、まえだって、ちまだシネの件、え、20番ぐらい変わってるよ。うん、あのリノベーションとかじゃないから。うんうん、マジか。クロス交換とエアコン交換と、あと何かな、その洗面台も変えたし、ラン系も全部変わってるよ。いや、自分でやったってことね。ああ、まあそれも入ってるね。旅団とかも全部変えたというか、つけたし、普通に不動産に頼んだら50万コースだぞ。うん、ま、50万まで関係して倍くらいかもしれないね。30何万ぐらい、多分いくと思う。エアコン10万、壁紙15万、洗面台8万の最近。そう、エアコン壊れるのも多かったけどさ、パに10万ね。うん、そうそう。しかも在庫持ってなくて、今すぐ客とか急ぎだったから、もう値引きとかも出ず、それもいいで言うしかないからね

新品のエアコンがあるから、片落ちのものもあるね。片落ちのエアコンは、コロナじゃなかった。コロナの製品は安いから、だいたい安いと思っている。コロナが良いとか言って、冷房が効くから、そうそう。だから、それの一つでもノウハウじゃん。その20万円で抑える方法は、グッチやっぱりYahooショッピングかな。そうやね、それを駆使して、アフショッピングでバーっと部材を買って。いや、もうエアコン業者さんに聞いても、もうあより安いものはないっていうもんね。ネットで買った方が全然安いから。だって、俺の知ってるエアコン屋さんも、「エアコンどれにしますか？」って言ったら、「今、楽天調べますね」って言って、そっちから先に見たそう。結局、そこにはもう勝てませんって言うから。しかも、グッチの前ポイカとかもするから、それでちょっとね、駆使してカードとかね。それはそれでいいんやけど、問題は決まらないってことね。そうだね、まぁ小切にしたって感じやな。

So, in the Umma district, even after 14 years, I can still fight without any problems. My home situation is about the same. It’s totally normal for me. What does it mean to say I can’t decide? It makes me a bit less confident. I’m in the same area, and since I’m in a full RC (Residential Community), I had a harder time. It was definitely tough to settle down. 

The area isn't particularly strong, but it's close to the station. There’s a new station nearby, and it's about 50 square meters for around 400,000 yen. I don’t think that’s bad at all, considering I used to live there. I believe that’s a reasonable price. However, the issue is that there aren’t many customers coming in. This is a problem that Paul always talks about, and it seems to be quite evident. It feels like there are only either very enthusiastic people or those who are very serious about it.

It seems that the middle class has become more relaxed. I mean, prices are rising, and it's becoming difficult to build houses. The number of new housing starts is decreasing, especially for general residential properties. So, I think people from that demographic might be flowing into the second-hand market. Recently, I've been looking at used properties, but it feels a bit different from what I expected. It's not that the properties themselves are bad, but I suddenly thought that I own various types, from extremely cheap one-room apartments to nice new constructions, and I also have some in the middle range, like around 50,000 yen. I do think the locations I chose are good, but the properties that are somewhat in between—like those with mediocre age, layout, location, and rent—are the worst. This is really the worst part; it just doesn't seem to work out. For instance, a 35-year-old property that has been somewhat renovated in a mediocre location...

The rent of 55,000 yen is somewhat of an ambiguous amount. It's the lowest for those who can afford it, yet it feels high for others. This halfway point really makes it difficult to find tenants. Even Ace Real Estate mentioned this. He’s not a player in the market, but he believes that a 1K apartment for around 30,000 yen is the easiest to rent out. Yes, yes, that’s right. Even an old wooden structure from 35 years ago can work if it’s a neat little 1K for 30,000 yen; those get rented out quickly. I bought that rundown RC property in a prime location, and it’s fully rented now, even at 30,000 yen. 

Moreover, when it comes to apartments, single-person units are particularly in demand, especially in Toyama. It seems that family units are often considered stronger or more desirable, but that’s not entirely true. In places like Sapporo, families tend to gravitate toward more expensive areas.

Well, you know, in Toyama, it's like, after all, I'm single and I go to that place, but Kureha is kind of filled up. It's quite packed. Oh, I'm also packed in there. It's such a place. It's my weapon, you know? It's a half-hearted thing, a half-hearted place with half-hearted years. Yeah, that's right. So, it’s difficult, surprisingly, and I don't really have confidence in my skills. If I manage to do it well, it’s not going well for me. But there might have been determination, too. Still, after about 10 or 20 years, I thought it would fill up if I kept fixing it. The location isn't bad, and I don't think I was broadcasting incorrectly. Plus, I still don’t think I was wrong. So, I’d like someone to point out what went wrong. I want someone to tell me the bad parts, even if it’s a company.

I think I went to a temple, but it’s not my fault. Well, I do have a strong management company handling it, right? I’ve entrusted it to the strongest management company in that area. However, if you go to other companies, they might not be handling it, right? They haven’t been asking for business, like please, please, have they? I recommend a management company called Jimoty. They definitely raise the rent. Oh, really? Yes, because in the past, they used to provide appliances or allow pets, but now they don’t do that. I was thinking of stopping the pet policy. I see, there are rooms that allow pets, so it’s not a problem to reopen that option. But isn’t it strange to make it pet-free for people who already have pets? I’m considering making it pet-free. Yes, for new tenants, I’ll make it pet-free.

So, I'm thinking about stopping. You know, I have this new house, and I had a pet that was really popular. Plus, it was really clean after the match. But then, on Facebook and Twitter, I found out that my acquaintances are in a terrible situation. You know, Master Yokawa said something like he received a bill of around a million yen. And it seems like they don't have the ability to pay it back, which is really tough. I mean, Mr. Yoshikawa is a professional in insurance, right? I thought about using fire insurance, but they said it can't be used, and he got angry. I wonder if it can actually be used or if there are some complications. Well, anyway, I thought about getting a pet, but since the place is pretty spacious, the repair costs can be quite high. If it were a 1K, I might think it's okay, but...

The number of repairs for the heroine is increasing, right? So I thought it might not be worth it. Well, I guess I just have to get a special contract and a lot of funds. But, considering it’s a room worth 40,000 yen, that’s still a lot. If it’s not managed well, it could become a problem. If pets are allowed, they might cause damage. If a pet scratches everything, then you would have nothing left. All the walls in the 3LDK might need to be re-papered. Also, there’s a difference in how people with cheap rent and those with expensive rent take care of their pets. People with small dogs might be more careful, while others might not be. It’s true that the number of pets is increasing. Speaking of which, there’s the former boros, right? Yes, the full boros. There are definitely cat ladies and people who love pets. It’s really strange how those without money tend to cause damage.

If they're cute, I wonder if I'll make them my child. They seem like they'd want to be around me. But honestly, I think cats are worse than dogs. They can be quite troublesome with their spraying. Once they start, you can't really stop them. So, in that regard, cats are definitely worse. I currently have two cats, but surprisingly, it's not that bad. It's because you come from a wealthy family, right? If you keep things in order, it shouldn't be a big deal. I know people who have cats, and there's no smell or anything. I keep everything clean, so there's no problem. The wooden flooring is a bit scratched up, though. It’s a bit rough and uneven, but I was surprised that it didn't get as messed up as I thought it would. I expected more scratches and marks, but it’s not that bad. They do use the scratching post, at least.

It looks like a toy, and if you set up a lot of them, it should be fine. If you properly replace the toilet, there shouldn't be any problems. I was thinking about getting a pet since I'm moving into a new place near the station. Seriously, because it's near the station, I thought about getting a kitten. But who would take care of a kitten at night? That's not the kind of kitten I want. If I buy a kitten, it should be a nice one that women would like. This place is designed to appeal to women, right? Yes, that's right. Since a designer was involved, it has a stylish feel. It could make you feel like a city girl. Exactly, a city boy or a city girl. But there's no parking, right? Well, there's a parking lot right in front, but how much is it? I think it's around 10,000 yen. I don't really know; I think it costs about that much.

I feel like it might be around 10,000 or so. Maybe it will be 12,000 or something like that. Yeah, around 12,000 seems possible. Well, since it's a specific location, that's how it is. So, regarding Gucci's current issue, what are we going to do moving forward? Well, now that we've significantly lowered the rent, it should be okay for a single person to move in. We should aim for that demographic since we need to target that segment. There's no choice but to adjust the returns accordingly. If we still have six or seven rooms vacant, even if we lower the rent to 50,000 or 40,000, it feels like we're just adding 300,000 each month. I really resonate with the current sentiment that we have no choice but to lower the rent. In extreme terms, we have to lower it. I know it sounds harsh, but if we can lower it and still be competitive, then there’s really nothing stronger than that. As long as we can manage the repayments, even though it sounds bad to say it that way, that’s the worst-case scenario. We have other options, and that’s where we stand.

It may improve, and the price might go up again. But if it drops, when selling, the future price will likely decrease as well. That's a bit concerning. I mean, if you're looking to sell in the short term, it might not be feasible. However, I think it's fine to hold onto it for a while. I've already waited for about six months, and there's nothing I can do about it. If I miss this second half, there's still until March. 

Currently, I'm involved with two Ls and one L in trading. I see, there are two Ls, but they tend to stabilize when the gap closes. I understand. The rent is about 50,000 yen, right? I think it's around that, including everything. It's cheap, isn't it? But even so, if it's not getting decided, it shows that the market is tough. I think it really is tough out there.

The losses are just so ordinary, right? Salaries haven't changed, and yet food and gasoline prices are all rising. Nowadays, rice costs around 6,000 yen for 10 kilograms. It's surprising. I don't know much about farming, but I’m getting rice from my wife's family. I buy about 10 kilograms every week, but if I could get it for 5,000 yen, I would consider it. 

The rice issue is gradually becoming a problem. With a take-home pay of about 180,000 to 200,000 yen, paying a rent of 50,000 yen is a topic of discussion. In the past, it was manageable even with rent prices around 40,000 or 35,000 yen. But now, rent is around 200,000 yen, or even 80,000 yen for some places. 

I thought things would flow more easily, but it seems the opposite is happening. Oh, I see, so you’re looking for cheaper places. Is that right? I guess it’s about 30,000 yen for a family unit, but I think it’s probably for a single room. I understand, so that’s the situation.

There are parts that seem to be off or have a different flavor, but this is an interesting case. Ultimately, we can't just stop and ignore it. That's right. In this rapidly changing era, we must adapt to changes ourselves. We can't rely solely on the successful formulas of the past; we need to be more serious about the market. It might not be easy. So, for now, let's hope things improve by spring. Yes, we still have a long way to go; it’s not even a year yet, and winter hasn’t really arrived. 

So, today, we discussed Gucci and the recent market situation in Toyama Prefecture, where some harsh conditions are emerging. Everyone should conduct thorough research. Gucci has a lot of products, which is good, but if this is just the first investment, it might feel a bit risky. The current situation has dropped by about 20% compared to before.

It seems that the rate is going down by 2%. So, the repayment freeze might not be strange at all, right? Indeed. So, everyone, let's be careful when in Shibuya. With that said, I think we should wrap up today's broadcast here. Thank you very much, Mr. Guchi and Mr. Pol. I appreciate it. I don't know if the results will be filled in or not. Thank you very much.

ふんどしトーク#73～ぐっちーの中古物件空室苦戦中～／不動産投資の健美家／不動産投資の健美家

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