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Coligny wrote:oh... and the "after" shot with so much light that you can barely see any details on how they turn a shithole into another shithole but for much more money...
Zeth3D wrote:Is there a particular store you'd recommend?
And I'd assume they'd provide some sort of service for transporting materials if need be, cuz I could take everything home on the train....
Zeth3D wrote:Is there a particular store you'd recommend?
And I'd assume they'd provide some sort of service for transporting materials if need be, cuz I could take everything home on the train....
American Oyaji wrote:I think they did a good job with the place. I think anyone (Japanese) going in there would trip because it's SO modern.
American Oyaji wrote:I think they did a good job with the place. I think anyone (Japanese) going in there would trip because it's SO modern.
Coligny wrote:Try to avoid Kahma, their wood is the shittiest evar (and overpriced) tool selection is quite limited too. Sellers... are... like totally retarded... I once asked for finishing plaster (enduit in french) The bloke told me it didn't exist for sale and I should call a professionnal to do the job. 30 minutes and a dictionnary later I left with 3 different kind (pre-mix, powder and tube for light scratches)
Cainz Home is usually much better. Before I also was going to a coutryside-ish chain called D2. For big pro stuff, nothing beats Odaka. (all these advice are unfortunately for Aichi/komaki/Nagoya/Toyohashi, YMMV)
Now for tools the best is rakuten as usual. Shops really don't carry the full lineups of the local brand. And make you pay a lot...
wuchan wrote:rakuten is good for most stuff but all the major tool makers have sales outlets here. All my tools are craftsman, STHL, snap-on, or other high end world known tool makers. Didn't cost too much more than the crap sold at the J-homecenter but are much better and are good for life...... I want to see a J-tool backed up with a world wide lifetime guarantee, it won't ever happen.
TennoChinko wrote:I'm curious to know how the apartment looks from the outside.
Also, did they provide any estimates on how much a similar renovation might cost?
Back in the US, if it's a home, at least there is a pretty clear recognizable formulae out there that provides an incentive to improve the equity in one's home. I am not so sure that the same holds in Japan - to me it is unclear.
wuchan wrote:rakuten is good for most stuff but all the major tool makers have sales outlets here. All my tools are craftsman, STHL, snap-on, or other high end world known tool makers. Didn't cost too much more than the crap sold at the J-homecenter but are much better and are good for life...... I want to see a J-tool backed up with a world wide lifetime guarantee, it won't ever happen.
Samurai_Jerk wrote:In Japan, homes don't go up in value, so the only incentive would be living in a nicer space.
TennoChinko wrote:If that particular apartment were for sale, I'd definitely think it could sell more than a neighboring unit in the same old previous condition.
Mulboyne wrote:I'm not sure that would be so. It might rent for more but the second hand apartment buyers market doesn't include many people who would place a value on fixtures and fittings. You want a discount if they are in poor condition but not a premium for good condition.
FG Lurker wrote:How long are you going to be in Osaka? Which school will you be attending?
Catoneinutica wrote:I'd be interested in knowing on what basis Mulboyne makes this assertion. We've sold two places, one mansion and one house, in Japan, and in both cases were told directly by the ultimate buyers (not via the real estate agent) that they were willing to pay a premium for the fixtures (lights, flooring, plumbing fixtures, etc).
This is only anecdotal, of course. Almost all housing in Japan is a depreciating asset]shift up[/I] the depreciation curve, however.
Mulboyne wrote:I was actually thinking specifically about this property but I would have made the case for apartment blocks in general so I'm interested to hear that one of your deals was for a mansion. I think you are right that stand alone houses can benefit from fixtures.
My views might be out-of-date or just wrong but I worked in distressed asset markets around ten years ago and part of what we did was to look at what factors affected prices. Broadly speaking, renovating a whole block enhanced the rental value of each unit and the outlay could pay for itself in a subsequent sale provided no new units went up nearby.
In some cases, we were looking at owning only some units within a block rather than the whole block itself. Here the calculations were different. We could renovate the interior but not touch the common areas and facilities without agreement with the other owners. That put a cap on both the rental and resale enhancement we could get from renovation. Provided there were no new blocks going up nearby, it was worth doing for the rent bump but not if the plan was to flip. We certainly found that the banks lending to potential second-hand apartment buyers were not inclined to lend more for a renovated unit against another in the same block.
To some degree, we might be playing with words. If I say people will look for a discount for a poor interior and facilities, I suppose that is another way of saying people will pay more for a decent interior.
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