Q&A

• The building is old (former earthquake-resistant property), but is it okay?

→ Even if the building is old (even if it is an old earthquake-resistant property), it is basically okay as long as there are no defects (tilting, rain leaks, etc.) in the structure and frame of the building. Ultimately, we will make a decision after seeing the exterior and interior.

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• Are properties that cannot be rebuilt okay?

→ There is no problem even if the property cannot be rebuilt because it will be a renovation of exterior wall painting and interior work.

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• Do you have leftover items such as household goods?

→ After separating the necessary items from the unnecessary items, we will dispose of the unnecessary items.

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• How long does it take to remodel?

→ Although it depends on the condition of the building, we basically assume 1 to 2 months.

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• Can I request/consult a renovation?

→ Before the renovation, we will have a meeting and talk about the image of the completion. If there is a request, we will accept it at that time and confirm the details of the reform in writing.

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• How will the building be used after renovation?

→ Usually, it is rented out as a rental property, but depending on the location and size of the property, other ways of use can be considered (private lodging, office, group home, etc.). In that case, we will consult with you before making a decision.

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• Are there any costs to be borne by the owner?

→ We will cover the cost of the renovation. We ask the owner to pay the fire insurance premium for the building (the insurance premium for household goods is borne by the tenant) and the property tax.

In addition, in principle, the owner is responsible for renovation costs related to the structure and frame of the building (construction to prevent rain leaks, jacking up tilts, etc.).

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• If there are vacancies, can I receive the rent as well?

→ Even if the room is vacant and our rent income is 0, we will pay the owner 10% of the advertised rent every month during the contract period.

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• How long is the fixed-term building lease contract?

→ Since the cost of remodeling will change depending on the condition of the building, we will contact you after we have provided an estimate, but basically we assume that it will take 6 to 8 years.

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• What happens after the fixed-term building lease contract ends?

→ It will be delivered in its current state.

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• What happens if there are tenants when the fixed-term building lease contract ends?

→ It will be an owner change. Tenants will continue to live in the house, and rental income will be transferred from our company to the owner.

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• Can I ask for rental management after the end of the fixed-term building lease contract?

→ If you leave it to us, it is also possible to undertake rental management.

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• After the end of the fixed-term building lease contract, would you like to use or dispose of the building yourself?

→ It is also possible to have the tenants sign a fixed-term building lease contract as well. In that case, it is necessary to consult with the owner about changing the conditions of the rent.