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Your email address will not be published.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

Civil law amendment in 120 years! How does the new law affect rental in real estate?

Civil law in Japan was amended for the first time in 120 years and the new regulations have come to effect on April 1st 2020 (with exclusion). New regulations apply to all lease agreements ‘’signed’’ after the effective date. Keep in mind that ‘’signing date’’ and ‘’starting date’’ of a lease is different. Even if your lease starts after April 1st, if you sign your name on March 31st, the new regulations do not apply Let’s look at the changes that the amendments made in the rental market! Below are the most frequent asked questions. Will there be more or …

Tenant-Satisfaction and Apartment’s Appearance – 24 Hour Accessible Disposal

Customers check not only the room, but also the common area of an apartment. According to the latest edition of tenant-satisfaction survey conducted by Recruit Sumai Company, more than half of the participants stated that they look at the condition of the common area when renting an apartment. Among the above participants, 84% of them answered that they take into consideration of the disposal station in the process of renting. The condition of the common area reflects how well a property management company is doing their job. Regardless of how nice a room can be, an unhygienic and faul smelled …

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 …

OYO Life – New Style of Renting in Japan

Renting a room in Japan could be time-consuming and frustrating sometimes. The rental process of room-searching to actually moving-in could take as long as a month in most cases. To make the rental process more convenient, OYO Life has launched its business in Japan in 2019. Hassle-free Rental OYO Life provides furnished-rooms with a hassle-free rental process. As some of you may have already known, OYO Life was first established in India in 2013 and later in China in 2017. Up to date, OYO Life is operating 450,000 units around the world including Japan. While conditions might differ among countries, in …

Types of Fees Involved in Selling a Property in Japan

Many investors purchased properties in Japan with the anticipation of an optimistic growth in the real estate market driven by 2020 Olympics in Tokyo. With a few months left to 2020 Olympics, investors are curious about the value of their properties. Today, I am going to introduce the expenses that comes along with property selling in Japan. Brokerage Fee This is a fee paid to the broker who conducts the selling process on behalf of the owner. The maximum amount is stated by the real estate brokerage act. For transactions over 4,000,000JPY, the fee is as below. Final sale price …