I interviewed Laurent Bernut who owns 7 apartment buildings and an akiya, totaling 97 units in Japan. So he has 96 long-term tenants paying him every month. Plus, he is in the process of converting the akiya into an Airbnb so he’ll be collecting income from that house once it’s open to the public this summer.
So in this video, Laurent is going to talk about his journey to Japan and how he built a real estate empire in Japan as a gaijin who didn’t come from money. If you want to grow your real estate business, you’re gonna want to watch this.
Disclaimer: I am not a financial advisor. This video and the ideas presented in it are for entertainment purposes only and should not be construed as financial or legal advice.
00:00 Intro 01:23 Tokyo American Club 01:39 Interview w/ Laurent Bernut 02:44 Story of Laurent 03:37 His Real Estate Investing Journey 05:03 His 1st Property 06:56 How Did He Prepare for His 1st Deal? 09:06 Why Did He Choose Sapporo? 11:18 How Many Units in Total? 12:57 How Often Does He Visit Sapporo? 13:19 How is He Financing Deals? 14:40 What Should Foreigners Start Doing to Have Good Relationship with Banks? 17:48 Downpayment When Buying Large Buildings 20:50 Deals Analysis 26:27 Most Important Criteria in Picking a Deal 29:15 Rental Checks Range 30:31 His Recently Purchased Akiya in Shimoda 31:38 Why in Shimoda? 36:39 How Much Did He Put Into It for Rehab? 39:15 Where Can People Visit His Airbnb? 40:20 What's Next for Laurent? 44:25 Biggest Piece of Advice for Those Who Wants to Start Investing? 46:13 Know What You Really Want 47:54 Laurent's Published Book 50:36 Where Can People Find More About Laurent? 50:52 Outro