Erik is back to share his recent success in acquiring a $69 house near Niigata, making it his third property in the area. The hosts dive into the details of the purchase, including the challenges of double commission fees and the overall costs associated with putting the house in his name. Erik and the team discuss potential renovations, the perks of the location, and future plans for the property. They also touch on topics like the local fish market, kite surfing, and potential issues such as tsunami risks and neighboring abandoned properties. Towards the end, the conversation shifts to other real estate ventures, including a possible surf house in Shikoku and the ongoing adventures in snowboarding and kite surfing.
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02:52 Understanding the $69 House Deal
03:55 Double Commission Fees Explained
06:19 Breakdown of Additional Costs
09:02 Property Details and Future Plans
11:59 Renovation and Legal Considerations
25:00 Estimating Renovation Costs
25:34 Discussing Property Condition
26:40 Siding and Structural Concerns
28:37 Tear Down Properties
29:03 Potential of the Miko Spot
30:40 Sauna Business Ideas
32:11 Mobile and Off-Grid Living
34:07 Snowboarding and Surfing Adventures
39:23 Exploring New Property Opportunities
43:28 Concluding Thoughts and Future Plans