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Your email address will not be published.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

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 …

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 …

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 …

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. …

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 …