Japanese real estate investor Hayato Kavamura attracted public attention, earned 140 million yen (about 900,000 US dollars) on renting 200 dilapidated houses. His non -standard investment approach caused an active discussion on social networks. This is written by SCMP.

38-year-old entrepreneur from Osaka since childhood was fond of architecture. He often watched city houses from the observation deck at the top of the mountain. Already in his student years, Kavamura showed interest in real estate, making visiting objects part of his dates with a girl.

After graduating from the university, he worked in the company for renting housing, but saw the shortcomings of hired work, including the dependence of career growth on personal relations with the authorities. Realizing the need for financial independence, he began to save money for the purchase of real estate.

At the age of 23, Kavamura purchased an apartment at the auction for 1.7 million yen (10,800 US dollars), rented it out, and six years later sold for 4.3 million yen. Seeing the prospects in inexpensive abandoned houses, he began to buy objects worth less than 1 million yen, minimally repairing them and leasing them.

Some of the houses acquired by him were in terrible condition - they came across dead animals or a roof flowed. However, Kavamura saw this a chance to minimize costs and get maximum profit. The key to success was to establish strong relations with real estate agents, which allowed him to learn about the best offers the first.

In 2018, he founded his own Merryhome company, focusing on buying and renting old houses. Today, his business brings stably high income based on a combination of savings, loans and profit from lease. Over the past few years, a man, according to some reports, bought 200 dilapidated houses that bring more than 140 million yen (about $ 900,000).

Kavamura notes that his path to success was not quick.

" Real estate investments require patience and attentiveness, ”he said.

The history of the entrepreneur inspired social networks users.

“His reliable investments say that he will achieve even greater heights in the future,” one of them wrote.

Focus previously reported that residents are returning to an abandoned 300-year-old village. For many years, the settlement was desolate until the project was started in 2009 to revive it. Returning residents share their stories and difficulties that they face in the process of restoring the village.

It also became known that the usual house hides a centuries -old secret in the depths of the garden. Buyers at home get a rare opportunity to explore the cave cut in sandstone. Inside there are a small room and a round camera interconnected and equipped with electricity.