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Your email address will not be published.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

COVID-19 in Real Estate Industry

The COVID-19 pandemic is becoming more severe in many parts of the world. Hope everyone is staying safe. Art Avenue is taking necessary measures to prevent further spreading of the virus. Under such situation, we have received voices of concern from our valued customers and business partners regarding the operation of our company and real estate industry. Impact on the Real Estate Industry As reported on news, hotels and private lodging are experiencing a major shock. In Osaka, private lodging management company established bankruptcy as a result of COVID-19. We have also received rent reduce negotiations from a few lessee …

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 …

2020’s Major Events and Real Estate Trend – Civil Law Amendment, digital innovation, etc…

Japan has entered a new era – Reiwa. Below are some of the major events that happened in the real estate industry.   Civil Law Amendment in Real Estate The civil law amendment in April this year is getting the spot light in the real estate industry. One of of the major changes that will take place is the regulation regarding lease guarantor.   ・An upper guarantee amount must be set for a personal lease guarantor ・In case the lessee or guarantor passed away during the lease period, the principal amount will stop during the time of death.   …the …

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 …