Japan Foreclosed Property 2015-2016 - Buy this 5th edition report!

Over the years, this ebook has been enhanced with additional research to offer a comprehensive appraisal of the Japanese foreclosed property market, as well as offering economic and industry analysis. The author travels to Japan regularly to keep abreast of the local market conditions, and has purchased several foreclosed properties, as well as bidding on others. Japan is one of the few markets offering high-yielding property investment opportunities. Contrary to the 'rural depopulation' scepticism, the urban centres are growing, and they have always been a magnet for expatriates in Asia. Japan is a place where expats, investors (big or small) can make highly profitable real estate investments. Japan is a large market, with a plethora of cheap properties up for tender by the courts. Few other Western nations offer such cheap property so close to major infrastructure. Japan is unique in this respect, and it offers such a different life experience, which also makes it special. There is a plethora of property is depopulating rural areas, however there are fortnightly tenders offering plenty of property in Japan's cities as well. I bought a dormitory 1hr from Tokyo for just $US30,000.
You can view foreclosed properties listed for as little as $US10,000 in Japan thanks to depopulation and a culture that is geared towards working for the state. I bought foreclosed properties in Japan and now I reveal all in our expanded 350+page report. The information you need to know, strategies to apply, where to get help, and the tools to use. We even help you avoid the tsunami and nuclear risks since I was a geologist/mining finance analyst in a past life. Check out the "feedback" in our blog for stories of success by customers of our previous reports.

Download Table of Contents here.

Monday, August 18, 2014

Update on the Philippines - liveability

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My annual pilgrimage to the Philippines is over. In conclusion, I found the experience a lot less pleasant this time than previous occasions. The problem remains the under-spending on capital works. Of course this comes down to business confidence in public administration, planning and corruption. The Philippines is poorly administered, and this is particularly a problem in rural areas, where technical expertise is pretty low. The paradox is that the English language skills that makes the Philippines a nice place to invest, actually conspires to make the Philippines a great place to recruit technical skills. This of course leaves the Philippines bereft of technical expertise....until of course - these technicians return home - if they ever do. They are surely a rich source of repatriated earnings. 

I was mainly working in the Philippines on this occasion. The biggest trials were attempting to work in the Calabarzon (Batangas) region after it was struck by a typhoon. It turns out that my host family's neighbour altered the plumbing so the water from their roof went onto ours. This meant at 2AM in the morning, we had a river of water coming through a window. We spent an hour bailing water into buckets before we were able to construct a tarpaulin to drain the water direct into a nearby sink. Clever thinking that saved the furniture. 
I was off however to Manila city the next day. The reason being that the next week left Lipa City without power and therefore running water. I knew that if we lacked power because of a storm, the entire region was the same. That meant crowded coffee shops, where I spend most of my working time. It meant that I'd be competing for power and tables at a coffee shop, and literally would not be able to think because of the noise from 100 youths. 
By going to the family apartment in the city, I was close to a mall, but at the same time able to escape to a quiet Coffee Bean or Starbucks, where I was able to peacefully able to work. My tranquillity was restored. That is not to say that Manila is better in this regard. It really depends on the region being hit and the nature of the natural threat. Manila is subject to inundation along the bay, thanks to big wave action and the poor drainage infrastructure. An added problem is the blocking of the drains with 'crap', i.e. paper waste. Filipinos live by they have a life expectancy of 2 years. They throw rubbish on the streets which gets washed into drains, which blocks drains, and inevitably floods them. The other threat is the lowlands which are vulnerable to rising rivers draining from the north, and from Lake Laguna. Lake Laguna is a large, shallow lake that drains through Manila City to Manila Bay. For this reason, it poses another threat of flooding for low-lying areas. 
On this trip to Manila, I experienced some of the worst traffic I have experienced in years. That is whilst escaping once again to Subic for a birthday party. Subic is moving slowly. This is a large economic zone, and I must say progress inside the economic zone has been slow. Why? Its hard to know. There is talk of the US returning, but I can't see that happening just because the Chinese are now threatening the Philippines sovereignty. The problem with this zone is simply that its degrading faster than they are rebuilding it. The charm of the area is lost on dilapidated buildings. It was never a terribly desirable place to live. Its selling point 20 years ago was the 'quality' US infrastructure. But today, its degraded, and so where is the value proposition? It is solely the opportunity to have infrastructure development controlled by an authority - but there is no reason to expect better from this authority, accountable to a 'public' authority, as opposed to local politicians elected by the local public. I don't see much difference. The good news however is that they are planning with a relatively 'empty' canvass. At the moment its a pretty open canvass. 

Returning to Manila, I had the opportunity to drop into San Fernando City, the capital of Pampanga. This is a rather hot place to live, but its also one of the more prosperous areas, and of course it is benefiting from the far better access of a commercial port, fully-utilised US infrastructure, and the Los Angeles precinct, which has preserved all the sordid porn life that was constructed under the US administration. Ayala has constructed a lovely mall in this area, as well as one in Subic zone. 

Having returned to Lipa, I had the opportunity to go to Tagaytay, on the edge of the Taal Volcano. This city, in Cavite is indeed growing relatively strongly. The appeal of Tagaytay is the elevation on the edge of the volcano. It raises the rainfall and cools the city. The problem is that access is poor; thanks largely to the ridges that hinder road development; along with the tedency to allow housing development along the road, so widening roads becomes impossible. Even when you arrive in Tagaytay, you realise that as the place develops, it will be a nightmare to move around, unless of course you live in the centre of it. There are some lovely restaurants in Tagaytay - my favorite being Antonios. Mind you - the presentation of the food was better than the taste on this occasion. The setting however is worth it. Another favorite venue is Vikings in MOA Zone, Manila. This place offers a smortgasboard of foods from many cultures. Best to go on weekdays for a discount. You might need to book. 

Overall, I was not terribly satisfied by my trip to the Philippines. The place is simply failing to improve at a rate that would give me comfort, whilst other places like Malayia, are starting to liberalise their treatment of foreigners. Of course each will get better, but am I prepared to wait for the Philippines to get its act together. I look forward instead to Malaysia improving its act. 

Author Andrew SheldonApplied Critical Thinking | www.SheldonThinks.com

Tuesday, July 1, 2014

The appeal of Philippines property

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I have been writing about the appeal of Philippines property for about 7 years now. The Philippines is in the midst of a property rally that will last for another debate. Now, we are seeing signs of serious support for the boom from Asia, and you can expect more interest still from outside the region for several reasons:
1. Rapid population growth - the country's population is growing 2% per annum
2. High urbanisation rate - the nation's population is rapidly descending upon the cities - as is always the case in industrialising economies.
3. Rising incomes - The Philippines holds a unique position in the business outsourcing market. Its people are 'uniquely' friendly, English speakers, and well-placed to serve in various customer service, call centre, sales roles in the future. These skills of course have to develop; but its less of a leap for them than other cultures; which is a 'value distinction'.
4. Visa restrictions - This is plausibly only a short term value, but the Philippines offers the most relaxed visa restrictions in the world. You can stay in the country 18 months before requiring a visa, and there are steps to make it even more liberal. 
5. Safer place - There is reason to think the Philippines is safer. The south has been constrained 'investment wise' by Muslim terrorism and militancy that saw some foreigners subject to extortion, or killed. A truce between the Muslims and the Philippines government is giving people confidence in peace. In any respect, the associated violence has largely been confined to the southern island of Mindanao. Investors might see this as an opportunity in the south, or a tentative reason to stay in the north/central archipelago. 
6. Familiar legal system - People will appreciate the Western legal system, the centrality of the Philippines in Asia. The place has a number of discount airlines servicing it, i.e. Cebu Pacific, Air Asia, Tiger Airways, Scoot and others. Corruption remains a problem, but there have been strides at the top to tackle that problem. The chief justice of the country has been impeached, numerous senators implicated, and the plot thickens. None of this really reflects the small investor. 
7. Happy, friendly people - The Filipino is of course a source of joy and a friendly face. They are always a pleasure to be around. 
8. The place - Not the prettiest place in the world - but then expect future development to hold more on offer. Most appealing places these days are products of people's imagination. This imagination is in short supply in the Philippines; and scarcer still outside of Metro Manila. This inevitably means 'the life' sought by foreigners is either in a restricted number of resort centres like Boracay, Bohol, Cebu and Davao, or in the city centres like Ortigas, Makati, the Fort and Trinoma (in Manila), or pplausibly places like Vigan City and Baguio in the north. These developments are invariably controlled by a few very powerful local business people. 
I have said a lot about the Philippines; so feel free to read more. Its early days still given that yields are very attractive, and most of the investment to date has been driven by expats rather than foreigners. Yields remain around 7%, so these countries are cheap - particularly in comparison to other Western nations. Moreover the incomes are rising as fast as the property prices, so yields are largely preserved. We are destined to see more Western money flowing into these countries. A direct investment in property is one of the few effective ways; as well as offering a lifestyle benefit. Being an Australian, living in NZ, I come to the Philippines annually to shop and basically to escape the winter. 

Author Andrew SheldonApplied Critical Thinking | www.SheldonThinks.com