Property Management Hints and Tips from Japan

Delivering Japanese Real Estate Information and More!

Real Estate Investment

Problem Prevention & Profit Boosting Management Techniques – Organizing Bicycle-Parking

投稿日:2019-09-07 更新日:

Is the Bicycle-Parking in Everyone’s Property Organized?

Bicycle-parking is often located in the front of the apartment near the entrance. Abandoned bicycles can affect the image of the property in a negative way. Moreover, disorganized bicycles fall easily and can cause damage to bicycles nearby leading to neighbor disputes.

Problem Prevention and Profit from Parking Fee

There are two benefits in organizing bicycle parking – one is to prevent neighbor disputes.

In case bicycles fall and damage nearby bicycles, not only does this lead to arguments between tenants, owner and property management company are also at fault as the responsibility to maintain a safe living environment goes to them.

Second benefit in parking are organization is to boost owners’ profit by collecting parking fees.

Parking fee of around 300JPY per month can be earned from each user with the installation of bicycle racks.

Illegal Parking of Bicycle Lowers Tenant Satisfaction

For apartments that are not equipped with parking area, there are always a few tenants who leave their bicycles at the hallway or common area. This is unfair to other tenants who follow the rules and can again, become the reason of disputes.

Before the situation gets worse, it is always a good idea to consider utilizing the dead space and equipping your apartment with a parking area.

It is possible to equip three U-shaped racks in a narrow space of 0.5m x 5m. Moreover, the use of wall-mounted rack can save up to 2 times space needed for one bicycle.

 

If your property is located 10 minutes or more away from its nearest public transportation station, it might be a good idea to consider the above.

For more informtaion, visit our home page at

-Real Estate Investment
-,

執筆者:


comment

Your email address will not be published. Required fields are marked *

CAPTCHA


関連記事

Miyako Island – the Next Up-and-Coming City for Real Estate Investment

Miyako Island is part of Okinawa Prefecture that is located Southwest of Okinawa and East of Taiwan. It has an area of 158.87  km2  and a population of approximately 51,000 people. In Miyako Island, you can find stunning coastal line and extraordinary ocean view. With that being said, inbound tourism has been increasing in the past few years and the demand of hotels and housing has also increased correspondingly. Airport In Miyako Island In 2017, Mitsubishi Real Estate Services Co., Ltd. (refer to Mitsubishi below) started a renovation project on Shimoji Airtport in Miyako Island to stimulate the tourism industry. Shimoji …

Is a Written Contract Necessary?

In a lease contract, both parties agree on the written terms and conditions and both pledges to follow these written rules. However, is a ”written contract” indeed necessary? A lease contract is effective upon mutual consent even without any written instrument Property management company A is about to sign a sublease contract on a parking lot of 10 spaces with one of their customers. It turns out that the landlord only holds the written agreement of 9 of the spaces. One of the parking spaces was passed to the landlord with an oral contract. This is referred to consensual agreement. …

6 Ways to Lower Vacancy Rate

How is everyone dealing with high vacancy rate? Today, I will introduce some effective ways to shorten vacancy. Things to take in account when considering room vacancy measures When deciding which measure to make, take the below three points into account: Take advantage of search engine First impression during room viewing Fast-acting aid Most people use online search engines to look for apartments during the room searching process. In order to get your property appeared during the search, it is important to have qualities and equipment that match tenants’ needs.   6 Measures to Shorten Vacancy Time After getting picked …

Solution to Limited Storage

Storage is one of the most important factors being considered when looking for housing. Renovating a Japanese-styled wardrobe into modern closet, installing shelves and organizers to make storage more useful are ways to improve apartments’ value. However, for rooms that are too small or with unique shapes preventing them from installing storage space can consider placing storage ”outside”. Japanese Style Closet Modern Closet   Rental Storage at Common Area Following the rules of land-to-building ratio, it is possible to utilize the empty space in your property to install ”rental storage”. For instance, it costs 500,000JPY to install five 1 m2 storage. …

Property for Sale 【April’s Pick】

Art Avenue will be delivering information of properties for sale regularly! Below is our recommendations in April. Click to download full size ⇒ 20200404_property for sale As many of you have already known, besides property management, Art Avenue also helps our valued customers in selling properties. At the same time, we also help our customers look for properties that meet their investment plan. Don’t worry if you do not know how buying and selling works! Our sales department is here to assist you throughout the process. We have various teams that specialize in buying and selling, assessing property’s value and potential rent, …