1 week Ago By Moneycontrol
Hayato Kawamura, a 38-year-old from Osaka, Japan, has garnered widespread attention for his innovative approach to real estate investment, amassing a fortune of 140 million yen (Rs 8.2 crore) by renting out 200 old and neglected homes. From an early age, Kawamura was fascinated by architecture.
He would often climb to a mountaintop deck to observe the diverse homes in his city. This childhood curiosity matured during his student years, evolving into a deep interest in real estate. Even on dates with his girlfriend, Kawamura would visit properties, despite not having the means to purchase them.
His resolve to break free from traditional employment was cemented after witnessing his boss being demoted due to a disagreement with senior management. “I realised promotions were not about ability, but whether your superior liked you,” Kawamura said. Feeling undervalued and overwhelmed by work pressure, he decided to pursue financial independence.
“I wanted an income that would allow me to live without relying on my pay cheque,” he shared. At the age of 23, Kawamura began his journey in real estate by purchasing a flat at an auction for 1.7 million yen (Rs 10.
1 lakh). The property yielded an annual rental income of 340,000 yen (Rs 2 lakh). After six years, he sold it for 4.
3 million yen (Rs 25.6 lakh), marking his first profitable venture. Identifying a niche in neglected, remote houses priced under 1 million yen (Rs 6 lakh), Kawamura started investing in run-down properties.
By keeping renovation costs minimal and focusing on quick profitability, he transformed these houses into rental opportunities. Some properties were in extreme disrepair, including homes with leaking roofs or those infested with stray animal carcasses, but Kawamura's resourcefulness turned them into assets. Building strong relationships with real estate agents was another cornerstone of Kawamura’s success.
These connections provided him with valuable property insights ahead of competitors. In 2018, he took the leap of leaving his corporate job to establish his own real estate firm, Merryhome. Over the years, Kawamura acquired 200 dilapidated homes, generating a rental income exceeding 140 million yen.
His investments were financed through a mix of savings, loans, and profits from his properties. Reflecting on his journey, Kawamura remarked, “I never expected to get rich overnight. Real estate investment is a long-term game that requires patience and careful attention.
” His story has resonated widely, with many inspired by his determination and unique approach. One commenter praised his vision, saying, “Although he is young, his solid investments show he is likely to achieve great results in the future. He is so amazing!” Another acknowledged the complexity of his journey: “Unique investment insight, precise financial control, strong connections, and the right luck are all essential.
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