Japanese entrepreneur turns neglected homes into a real estate empire

Osaka-based entrepreneur Hayato Kawamura, 38, has earned widespread recognition for his unconventional approach to real estate investment, amassing a fortune of 140 million yen (approximately Rs 8.2 crore) by renting out 200 old, neglected homes.

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Kawamura’s fascination with architecture began in his childhood when he often observed the diverse homes of his city. This curiosity evolved into a passion for real estate during his student years, and even during dates, he would visit properties. His decision to leave traditional employment came after witnessing the demotion of his boss, which led him to realize that promotions often had little to do with ability and more to do with personal connections. Determined to achieve financial independence, he set his sights on real estate investment.

At 23, Kawamura took his first step in real estate by purchasing an auctioned flat for 1.7 million yen (Rs 10.1 lakh), yielding a rental income of 340,000 yen (Rs 2 lakh) annually. Over the next few years, he sold the property for a profit, marking his first successful venture.

Recognizing a niche in neglected, remote houses priced under 1 million yen (Rs 6 lakh), Kawamura focused on acquiring dilapidated homes, transforming them into rental properties with minimal renovation costs. His resourcefulness and quick profitability have allowed him to build an impressive real estate portfolio, making him a notable figure in Japan’s property market.