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by tristanj
4 days ago
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5 million yen is the company capital requirement. They would form a company, invest 5 million yen into it, then the company would lease an apartment and rent it out on Airbnb. Rent would cost ¥60,000–120,000/month, they would list it on Airbnb for ¥20,000/night, then assuming 50% occupancy the return is ~¥200,000/month. It was very profitable. The payback period for the ¥5 million was 1.5 - 2 years. |
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