Transcript
Speaker: Welcome back to the buying a house in Japan podcast. My name is Taka joined by my co -host Joseph. How you doing, Joey? Pretty good. Pretty good. I was just thinking back to remember we recorded podcast in JLUX in Beppu and there's like too much. We were in the same room and then we had to go to separate rooms and the I was on the blue Yeti mic. That was tough because we were both like dialing in from our computers and we didn't have the road cast yet.
Speaker: And there's just the echo is bad and it sucks after recording and you listen to it and you're like, God damn it. Right. We didn't have the road caster. Yeah. There was like a delay. I could hear you from the other room. And then I would hear it in the headphones and I was like, yeah, we could, it didn't work. Hey, we've come some way. And if any of our listeners are podcast producers, are actually my friend scooter is helping us right now, but also always open to more podcast feedback. I think we at least have a hundred true fans now, Joey. Yay. hu <unk> bam ba ba but but bow So if you're a hundred true fan, thank you. Shoot us an email, just so we know we have a fan.
Speaker: Maybe we'll send you a t -shirt. We've been printing. who Actually, Jerry, what's the update on our new t -shirt design? Oh, yes. Designer reached out. Do you remember the name of his company? He goes by Hins. Probably if anybody looks up Hins Designs or he does branding for companies. HinsandKoons .com. HinsandKoons .com based out of the UK. He reached out about ah branding just as ah for the entire website, for everything, right the kind of holistic brand for a company.
Speaker: And, uh, first sort of, you know, a little bit strapped for cash. So we decided to do a smaller project first and we're getting some new t -shirts designed. So Hins did a great job. but Like we got on a call with him and he was just asking about the company, about, you know, very high level, what we're trying to do, what our goals are, like kind of personal goals, like history of why we started this, why Japan, all that kind of stuff.
Speaker: he took in to come up with a brand, you know an idea for our branding and how that translates down to imagery, both on the website and t -shirts. So first project with Hins is just a t -shirt. So that's we're getting something. We're meeting with him this week. I think he has some updates. but We have not heard the updates yet, though. He put a lot of thought into that. We are originally just like, ah let's just do omakase. You figure it out, but he was like, no, no, no. We we got to chat through this word cloud.
Speaker: Yeah, it was interesting for anyone else, maybe going down a similar path. Yeah, it starts with a word cloud and you just like stream of consciousness, say everything you think about your your company and and yourself and what you're trying to do.
Speaker: Also we'll add that hint has designed a shirt for uni -clo. So are we have a same designer as uni -clo designing our shirts? Is that too far of a stretch? Yeah, he designed a shirt for uni -clo. So we've got uni -clo design, quality, Akiemara t -shirts coming out soon. Oh my gosh. but Yeah, if you actually want a t -shirt, we'll probably print some print them in my backyard, me and my fiance. Literally have a little t -shirt press and we'll send them out to you guys. We're going to print a couple for an upcoming event. We'll be in Tokyo for, when is it? October 6th and 7th for the J -Rep conference. Oh, are those the dates? Cool. Yeah, Japan real estate conference. So if anyone's going to be in Tokyo, Ziv, the crew, Tracy, Emil, Blanca, I don't know who else is there. There's going to be a conference in early October.
Speaker: I've missed the past two and Joey's held down the fort. Joey, hopefully I'll be there this time. We'll be good to have you there. It's fun. It's a lot of fun. And there's a, like a small after party afterwards too.
Speaker: A lot of fun. Okay. Let's go. So if you want a t -shirt there, we'll be handing us them out, but yeah, we'll keep you guys posted. Hopefully if anyone's going to get there in October, this is a pre advertisement. Yeah. Free uniqlo shirt. Free uniqlo shirt. All right, Jerry, we got some exciting stuff. I know we did a little pre recording. It's not released yet, but let's go ahead and just talk about.
Speaker: Operation Kita Kyushu. We still do not have a name for it, but give the folks a context. You're going P 20 as a code name. Not sure I love that, but I still just think it ah as Kita Kyushu anyways.
Speaker: Long story short, we made an offer on a third property in Kitakyushu Fukuoka Prefecture. So I know what everybody's thinking. You guys just bought a house in Tokyo. What are you doing buying a third house? Rich bastards.
Speaker: but yeah have Yeah. And even JLUX isn't even completed yet. oh my god So ah definitely we were not thinking of making moves this quick, but a few things just happened all at once. One, the price was right. It was $3 ,000. This is by far the cheapest property we've purchased. $3 ,000. Like what? $3 ,000 property.
Speaker: What I installed a outdoor shower that cost more than this, unfortunately in Santa Cruz, but it although it is a a dope shower, but so that was the first part of it price and easy price. Right. And we have more or less been on the lookout for something in this kind of sub $5 ,000 price range, just in case we're able to make some content off of it or or whatever. $3 ,000 houses is crazy. So it would be fun to and and make a video or talk about it.
Speaker: Yeah. We're not advising. If you're listening to this, please don't buy a $3 ,000 house and we are going to go through that pain and document it and let you know if it's a good idea. Just saying what Joey said, $3 ,000 for a house that is built, I think 19, what did we say? 19, like 60, 1969 or something. I'd have to go check the details. I don't even think I looked at the details like that closely, but while you're found on while you' okay while you're pulling those up, let me just say the second reason.
Speaker: Why we just had to go for this property is it came to us through a friend, someone that I met at the J rep conferences. So talking mentioned, there's another one coming up in October, someone that I met, he goes by the codename Keaton, a Japanese man.
Speaker: Keaton is a veteran in the space. So he runs a business where he flips achias and then rents them out at sub market rates around the country. So a little bit of a philanthropist there, but he believes that he can also be profitable doing this. So he believes his secret sauce is being able to negotiate really well, get the price down and then negotiate on a renovations as well. Get the price down there. So he believes that's the way. that then he can offer these at sub market rates so that you know an elderly Japanese person can live in a nice and safe house for an affordable amount. So it was Keaton that brought this house to our attention. What a hero. like That really does connect a good circle, right? If you buy some if you buy an and abandoned property, you renovate it and then you rent it sub
Speaker: whatever market rates to needing like someone who needs that housing that's ah warm and fuzzies from that. Yeah, he's a good dude and he believes that profitability is not counter to that either. So he claims.
Speaker: that he's done this to, or no, I can't remember how I asked him. I think I asked him, how many properties have you bought in your life? And he said over a thousand. What I call bullshit on that. But if he has done a thousand transactions, he's a God. How do you think that's a lot of houses seen old dude? I didn't haven't seen him in person forties. I would say, okay. Also, I guess he's like 45 plug on the Japan real estate conference. That's where you met him, right?
Speaker: Yep, exactly. Okay. So come and hang out with us. There's a lot of connections to be made, hopefully. Um, but okay. Keaton, damn, he's the man $3 ,000 for this house. I'm going to read off some of the listing details. That's all right. Jerry. Meanwhile, do you mind pulling up some of the numbers Keaton proposed? Yeah, let me find, I gotta go through the the WhatsApp chat.
Speaker: Okay, here we go. 100 fans who are listening to us. We are looking at this house in Kita Kyushu, which is in southern Japan and on Fukuoka, so southernmost island. pretty I've never been there. We've heard a lot of people interested in the space though. It's about an hour, ah two hours away from central Fukuoka, so truly suburbs. I'll link the house in our Spotify description, but on Akimart,
Speaker: It is listed at $40 ,000. How did he even get this? $40 ,000. How did he offer what? Yeah. So 6 million yen, which is that what we pay for that but G Soji Lux. Yeah.
Speaker: and And actually the floors look better in this house. In all honesty, the stove is new. if this this has have ah okay wonder we got ripped ah I don't think we got ripped off with JLux, but anyways, we're talking about Keith Akushi's spot. Anyone listening? No, we do not think this is a scam. We did a little bit of background check and got a couple of con, you know, a couple of connections, opinions on this guy. And we think it's.
Speaker: He's legit. We asked a few people we know about Keaton. Is this person trustworthy? And everybody said overwhelmingly, yes, you can trust this guy. Okay. Joey, I know the listener's top question. How did he negotiate this down from $4 ,000 to $3 ,000? I mean, I'm not exactly sure. So that's it's it's crazy discount.
Speaker: I remember him saying something that he never pays more than 50 % of asking for a property. So if he's you know that confident, it so apparently he is regularly able to find prop maybe maybe like slightly distressed properties. I'm not sure exactly the situation, but. He seems to have a ah good read on which properties you can negotiate down. I remember in one of my conversations with him, he was like, he's the first person that was like, oh, if there's not a lot of pictures of the inside, like very good sign, like those type of things. I think he notices cues in certain properties and then focuses on those ones.
Speaker: that he thinks he can get a good discount on. So I think that's another part of his skillset is that identification of those properties. And he also claims to be a skilled negotiator. So when he is, you know, talking to the seller and when he is talking to the contractors. I'm just going to only call him sensei now, if we can learn keyton sensei, K sensei, sensei K I'm gonna call him.
Speaker: Sensei K. and So yeah, yeah so a few of the numbers you asked me to pull up. So yeah, so he got the price down from about 6 million. What's the exact price? 6 million. No, that was exactly 6 million yen. 6 million yen down to 500 ,000 yen is what He got it for, so he negotiated, he pre -negotiated this. He might, I do feel like he slightly does this for the love of the game. So he pre -negotiated this with the seller and then approached us was like, Hey guys, I was able to get this really steep discount on this property. Are you guys interested? I think he's slightly, dead and maybe it's not fully for the, I think it's partly for the level of the game, but also I think he does this. And then he approached us and said, Hey, I'll handle all the negotiations with the seller. I'll figure out getting a contractor in there for you. I'll handle the negotiation. and then I will find you a long -term tenant. Do you guys want my services or not? And he charges another five hundred ah about another 500 ,000 yen for that. So another 3 ,000 for his services. But those are great services. Those are two things that you know are difficult for us to provide for our own clients. Absolutely. Wow. that It does sound too good to be true. I'm just calling that out right now. just You've never met this guy. I've actually met this guy.
Speaker: Okay, so clarification. So 500 ,000 yen that actually translates to like closer to 3 .5, if we're getting technically correct with people listening, 3 .5 thousand US dollars. We're at 3 .5. Also there's a this service fee he's charging us for, I don't know, all these services, which is another $3 ,500, right? So we're at $7 ,000 to acquire the property. I believe it's another $4 ,000, right Joey?
Speaker: Enclosing costs. Enclosing costs. So 450 ,000 yen he's estimating. So yeah, you could say 3 .5. 3 .5. Okay. So 3 .5 times three. All right. So we're at what? 10 ,500. Is that right? And then renovation costs. Okay. So here I'll just lay it out. He's got it on the list. You're right with the numbers. I'm just going to lay it out one more time. So property price, 500 ,000 yen.
Speaker: 3 .5 ,000 US estimated renovation cost 300 ,000 yen. So $2 ,000, $2 ,000 for renovation. Hold up. What? Yeah. I mean, hold but okay yeah ah let's come back to the point in a second. Yep. Keaton's fee, 550 ,000 yen. So 3 .5 and then purchase related fee, 450 ,000 yen. So ah roughly 3 .5 again. So 3 .5 times three, okay which is,
Speaker: What 10 .5 plus 2012 .5 US. Okay. Okay. So $12 ,500 plus or minus with exchange rate at what? One to one 48. I have a feeling Keaton wants to scale a little bit. Absolutely. And if he does, yeah we can put yeah clients in touch with him too, or some figure out some kind of way. Cause I think this is a great service. If it works for us, I think this is something we should pursue. Okay. Some more details. So again, $12 ,500 list price is 3 ,500, but
Speaker: As you can see, closing costs here in this situation are like 300 % of the list price or our negotiated price. Specifics on the house, again, located in Kitakyushu, built in 1974. So same era as our Jisouji Lux or Beppu house. ah Also in our Tokyo house, we're becoming a 1970s construction experts, Joey.
Speaker: A little bit. I see those, the same bathtub. It's the same same place properties. Yeah. Yeah. The house itself is 103 meters squared. I don't know what happened at meters right now. A hundred land wise, 120 meters squared. So comparable size to honestly, both our other properties. It looks like it's four bedrooms. I don't know. It's a weird layout. Basically two floors, two, two full bedrooms upstairs with a balcony.
Speaker: I'm not sure. It's a weird layout. How stoked were you when you saw the parking spot? Oh geez. No, man. So all our properties have shitty parking spots. No exception. This one's like terrible, but anyways, TLDR, the house looks really good. We'll post the our AccuMart listing. Please don't try to swoop this from under us. Actually too late. We're in contract. So suck us. The only biggest concern is the cracks in the concrete for me. What do you think, Jerry?
Speaker: Yeah, that one's interesting. So there's like this cantilevered, like an overhanging balcony with no supports underneath. so Looks kind of sketchy. Yeah, I believe the technical term is a cantilevered balcony. Excuse me. And it's cement with some cracks in it. so And it's on a hill. So there's a lot of things that could go wrong.
Speaker: But again, we're doing this for we're taking one for the team. We're going to see if this is a legit process. Because it this is a true. Nobody tried to snipe us because we want to figure out if there's a process we can offer all of y 'all. You snipe us here. I don't know. and well We'll figure it out. Even if you do snipe us, we'll figure it out. But I don't think anyone would want, looking at this property and its location, like it's not a highly desirable property. So this is really.
Speaker: I agree. with test yeah It's a test for you know this kind of aspect of investing. like a lot I know a lot of Ziv's customers, they're the long -term investor types that are not looking to do Airbnb in Japan. They want to get a long -term tenant. And so we're with this property, we're figuring that out as well a little bit for ourselves. How does that business that type of business work?
Speaker: I don't think when either of us want to really spend time in this place. ah Yeah. It's just not anywhere that I would have thought of before. Yeah. And we're going to try our best. We've been trying to document these things better. I think like this is our third rep. We're going to try to document this one the best. We might have someone come down and shoot a video with us or something. And so we can get it. Let's try to document this one. Well, I think it'll be fun. Okay.
Speaker: Joe, I just sent you a photo of the outside. I'm looking at it. Do you want to paint? Do you think you want to paint a mural? Have you painted a mural before? No, I've never painted a mural. Do you have any interest in trying to paint a mural? Let's think about it. like i say On the green part or the yellow part? It'd be awesome if you looked at it at a certain direction, it'll connect it. You know what I'm saying?
Speaker: All right. Let's brainstorm on it. Any mural painters out there? Any mural? Oh, that's actually cool. Any artists that want to paint a mural that are listening to this. We're going to put this as our podcast. I'll make it hero image. I think it could be a good wave. It looks like a wave already. It's like the house itself, you know, like the Hokusai. We just talked to a VC. Yeah, there we go. Interesting.
Speaker: All right, we're going to go visit this hopefully in October. We're going to drive down from Tokyo. If anyone's also in Kitakushu, give us a holler. I'd love to get to know the area. i don't Are you excited about anything in this area, Jarek? I'm curious about Kitakushu. I think that... Kitakushu, curious.
Speaker: and Well, I think, okay. So I do know Keaton spends a lot of time in Kita Kyushu scoping properties. I think that he believes there it's undervalued. So, you know, if anybody else check out Kita Kyushu, if you're looking for value, but.
Speaker: Can we serve anywhere here? No, right. We're like, so it's still a little too far from Fukuoka. I do feel like an hour from Hakata is still too far.
Speaker: Okay, wait, there's a, I'm looking at the fairy game. I'm bullish on the fairy games here. It's Yokohama to Kitakushu. That's actually interesting. Oh, really? The fairy is Yokohama Kitakushu. Yeah. Actually interesting. Oh, should we take the fairy down from, so anyone listening? We're in Tama. We got a minivan. By the way, we got the 777 license plate backlit on our white minivan. Tama City 777.
Speaker: top seven seven seven So you see us on the road, hawa midvan but interesting. We said there's a direct ferry from Yokohama down to Kitakyushu. So we don't need to drive. Yeah. Actually, I just found a YouTube video of a Japanese guy.
Speaker: who rides all the fairies in Japan and then takes, you know, high quality videos of it. I'll send it to you afterwards. Maybe we'll put it in the show notes, but I want to see what this, I think he's gone on every ferry. So I want to see what the ferry looks like on the inside. Okay. So my, o this is interesting, Jerry. Now it keeps it connects a little bit where we can drive from Tokyo yeah to Osaka. I never even thought of that. And I was even looking at the fairies the other day. That is an interesting,
Speaker: route for, to connect at least Tama Tokyo to Kita Kyushu to Beppu. Okay. So the move, I think would be bring a car, which makes it even better. Tokyo. We drive to Osaka. Osaka, you take the ferry to Beppu. Then we drive to Kita Kyushu and then we take the ferry back from Kita Kyushu back to Tokyo thoughts. This is under the assumption that we buy an Osaka property or why Osaka?
Speaker: I think it's good. we have I think we want to visit Dio. We have a couple of folks in Osaka. i think it's Part of the fun is drive I think the drive to Osaka is really nice. And we're going to stop in Nagoya to meet try to recruit some agents. All right, cool. I mean, you go right by where I went to high school. So I always like stopping at that rest stop there. OK. All right, bro. Well, we ended up talking about this property. we Any good names? There are just a couple of names here. I say 20 P because Keaton believes we can get a 20 % return on this place. Hmm. For me, it's comes down kind of like the area, like Tama base camp. She's so G Lux. I feel like it's got to have the area name and it can't just be 20 P. ahra it's I yeah ah really there's a,
Speaker: I really hope there's a temple around there. Cause we've got G so G which means temple. We got Ren code G in Tokyo. I wonder what we got a, so the closest station is Ed, uh, he caught it. I don't know. I like he caught it. He caught. He's good. Yeah. I don't know. Let's think on it. How did we get TBC right away? No, I don't think it's C Lux. Remember C Lux. It's good that we document this. I'm going to listen to these podcasts like 10 years from now and be like, sweet.
Speaker: All right, Jerry, how bullish, how excited are you feeling about this property? One to 10. How bullish. I'm not bullish on the property itself. I'm bullish on the experience we're going to get doing this. I think the property itself is just going to rent at kind of regular, you know, regular for Japan, but pretty low.
Speaker: returns everywhere else in the world. I think it's just interesting to diversify into this long -term long-term renter. I think it's really cool to work a little closer with Keaton and also see if there's any partnerships we can build with him going forward. So that's what I'm most excited about. I'm not excited about tax implications on this, Joey. like it's We're going to be purchasing this property under our personal names.
Speaker: so We had the same issue with JLux. Yeah. and We're figuring that out. It's such a, it's a little messy, but we're a little all over the place on where our prop like titles on our property, but we're cleaning it up and hopefully you guys can learn from our mistakes in the future. But by the end of this year, Joey, I want one of these properties to make some money for us. Please. We need it. Hey, like if Beppu gets fixed up soon, I do think.
Speaker: January, February seemed to be peak. I think that's what I, I think that I got that from air DNA. I think it was like, when is peak traffic in Beppu? I think January, February. So I think we'll be ready for a peak tour season. Okay. Let's call it. Let's call it timing timeline on key to Kyusha here. When do you think we'll get, when will settlement happen?
Speaker: We're at contract phase right now. So. Sucker's trying to snipe us. Sorry buddies. We've, this just fell on her lap a week ago, maybe five days ago. So we're at contract right now or they're getting the contract ready. Yep. So I think very shortly we'll have to get, we'll have to, we'll have to get on that phone call about explanation of important matters and then.
Speaker: We're going to have to do some wet signatures, right? Notarization. We should think about that. So for anyone listening, we skipped some steps here and we almost are going straight to contract because the identification and all that stuff. So from here on out. Price is pre -haggled for our convenience. Price is pre -haggled. There's like a store by me in Nova Scotia here. It says, price is pre -haggled for your convenience. it's like a So pre -haggled price, next steps on our end is we do need to basically get, I think they need to get power of attorney from us. So the difficult thing with a lot of these foreign transactions are the sellers are very fickle and also the Shiho Shoshi or judicial scrivener that comes with the seller is fickle and they all have their own varying levels of conservative views on verification of identity. Does that sound right? Yeah, sucks that the seller gets to pick the Shiho Shoshi.
Speaker: Yeah. So if you're going, if you're listening to this and you're going through like our Akiyama direct program, it's really a toss up with every seller. We wish we could standardize and just be like, Oh, this is exactly what you need. You need this power attorney, but sometimes they require additional verification because you're foreigners and this is all out of, I think it stems from, they just want to make sure that like you are you and the person they're selling it to is a real person. Yeah.
Speaker: So every, the issue, right, for some reason that I don't understand yet, the seller gets to dictate the terms and the contract stuff. So they pick their own Shiho Shoshi and every Shiho Shoshi has their own documents they would feel safe with. And then, so it's not like a one standard document that we have, you got to sign it and we can do it in advance. We have to wait for the Shiho Shoshi to actually come up with their document.
Speaker: Okay. So contract, I think we get settlement in like a two to three weeks from now would be my bets. And I wanted to close on this before October 1st. I think that's possible. I think that's possible. Things seem to be because we basically skipped half the process.
Speaker: Yeah. I think this next step, this next half is the hard part though, where it's just like a a lot of back and forth with the sellers and our agents. And so it's it'll be, I'm not optimistic about this part being smooth.
Speaker: Hopefully, hopefully it is smooth, but I do think one thing that helps in these situations is just being on it. Like when you get the contract documented and it requires a wet signature, maybe a public notary, do it right away, scan it, send it back as fast, honestly, like as fast as you possibly can. yeah And things will just go much smoother. Yeah. It shows seriousness too. I think like when I'm sure the Japanese agents like seeing that, Hey, if they ask you, they need something, you say you do it, you do it. That's a ah sign of.
Speaker: I'm Majime. I really want to buy this house. Yeah. Yep. So, okay. October 1st, I'm calling it. We're going to get P 20 until we find better name keys in our hand. And Joey, what's, what are the updates? One last thing about P 20. If the fairy does go there, is this worth considering meme Pakku?
Speaker: Oh, dude, I don't know. We have too many plates spinning at this point that i just i don't we can't. I cannot handle the thought of another setting up three short term rentals at once.
Speaker: It's true. I don't even know what one is like. It's going to be my first short term rental. So you're like, you're going from zero to three in a foreign country. Welcome to, welcome to masterclass. Okay. Okay. Okay. So we're going to keep this long -term rental because we want to learn the long -term rental game in my opinion, Tama base camp or Tokyo property. I think that's going to be closer to a midterm rental. If I were to like,
Speaker: Optimally pick. Yeah, I think that's a great, our Tomahouse is really great for remote workers who want to be decently close to central Tokyo, but far enough away. I agree. And then that boo that's like a pure vacation spot in my, that's like a, I do put in the same category as like Waikiki and stuff. What do you mean? Oh, be bo yeah. That was a touristy town. What do you think? ah Yeah.
Speaker: Yeah. ah Interesting tourists though. Everybody that loves like and everybody loves hot Springs. Those are the people I want to be hanging out. That was great. I actually really liked Beppu. I thought I would want to spend more time in Tokyo. I want to spend more time in Beppu. Okay. There you have it. So, Oh, all right. Let's do one last update on G so G Lux, our Beppu house. Where do you think it is progress wise? I think it's done. Question mark.
Speaker: I think it's done. Although last time we spoke, or we didn't speak, but food last time someone asked Sato -san when he's going to be done, it was end of July. And now we're here end of August. No word yet. so Well, welcome to the construction process, Jerry. I thought it was going to be different in Japan. Unfortunately, we're, hopefully this is a one -off and hopefully our next contractors will be better or a more timeline accurate.
Speaker: I think like doing a big renovation, it's difficult to go with a single man team just because it's, it ends up being a lot of work. I think if, had we gone with the first contract, the, the, the team, the bigger companies, I do you think they can just pull in more labor. If they need more labor to get stuff done, maybe that's a reflection on less better quality, but you know, trade offs.
Speaker: I, we're going custom that I think that's, I'm attributing a lot of that to the idea we went to custom in retrospect. If we just wanted this done, we should have gone prefab, but I'm still stoked for what we did decide. We got to sync upstairs. No, that was like one thing I made it clear to Sato son. It may be it's a moody, but if there's even like.
Speaker: a small chance you think you can pull it off somewhere to brush our teeth upstairs. I think oh yeah he did it. We got a sink. So that was going to feel so comfortable, insulated design. It's going to be really good. We have regular toilets where I have no idea what the shower is going to look like. Joey, I hope we, he doesn't let you down on this. Joey wanted a really custom concrete shower box. I think it's going to be fine. He's way back, maybe April issue sending me a bunch of like hardware.
Speaker: Like, Hey, do you like this hardware or that hardware for the the actual shower? So I think I remember he said, Oh, some of them are going to be difficult to get. Like some of our top choices. But I remember I thought we came to like pretty good middle ground that it looks good. So I'm optimistic.
Speaker: Okay. And then the very last piece is we bought for any long time listeners a year ago, we bought this big slab of monkey pod. It's like a three you forget meter long monkey. Yeah. We're making a forty tau look forward to him. That hasn't been delivered. So our house can't be done. He, so he hasn't made the Horikotatsu is my feeling. I think Fumi is going to be back soon and hopefully stuff gets moving again. Okay. So.
Speaker: Uncertain, but very close to finishing. Joey, we've said it a hundred times, but I think we're going to visit Bapu in October. Let's plan to stay there longer than Tokyo, I'd say this time. All right. I mean, both are good. Tokyo is fun too. It's, there's just a lot of people. Yeah. And it was, and in July is hot. October, I think October is the best time for Bapu too. I think we'll have more fun in Bapu. Although I think I mentioned this one other time on the podcast.
Speaker: Like if the week I left, like this is three days before I left Tokyo, I discovered work from onsen. Wow. I would do that once or twice a week. Actually, it was really good. They've got everything you need. We can do that show 10 too. I bet show 10's got wife for sure. We could definitely, we should just make an onsen co -working spot. That's kind of weird. It's like that maybe a little bit weird, but they have the, like the cold water or cold plunge pitches. We could do the onsen pitch.
Speaker: Onsen pitch could be good, but okay. Cool, man. Well, hey, exciting, exciting times. Anyone please do not snipe this property from us, please. We will hopefully have this in, I think it's in contract now and stay tuned. I do think this is something that could turn into something here. Please don't go for these cheap properties though, until we have done gone through the process. We'll let you know if it was a bad idea. Yep. We're making the mistakes for you.
Speaker: Okay. See you later. See you.
