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Your email address will not be published.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

Hazard Map and Real Estate Investment

Japan is a hazard vulnerable zone. Every year, Japan gets hit by numerous natural disasters such as earthquakes, cyclones, typhoons, floods, and even volcanic eruptions. Depending on the area, the destruction of natural disasters can be more severe than that of other area. Hazard Map by Japan Government The Ministry of Land, Infrastructure and Transport has published a map showing area that are under the risk of floods, mudslides, and tsunami. This map also shows at what level the area is at risk of the above natural disasters. Below are maps showing areas near Tokyo that are under the risk …

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 …

Property For Sale【June’s Pick】- Condominium in Tokyo’s Prestigious Area

Today’s property for sale features single condominium units in Tokyo’s most prestigious areas! Imagine living in the heart of Ginza where it only takes you a 8-minutes-walk to Kabukiza Theatre. Or waking up with a gorgeous view of both Tokyo Tower and Skytree. Besides single family homes and low rise apartments, high rise condominium can also be found in Japan, especially in the most easiest accessible areas of Tokyo. Below are some pickups of condominiums for sale! While some of them are still under construction, some are occupied with tenants.  They can be purchased for self-use or investment. Click to download …

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. …

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 …