{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fwealthjuice.simplecast.com%2Fepisodes%2F053026-derek-and-nick-audio-sb9vc3z2","width":444,"version":"1.0","type":"rich","title":"You Can Buy A Short Term Rental Here for $40K - Most Americans Have Never Heard Of It | Nick McLoota and Derek Cirillo E392 ","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/d4f2c345-6b24-4b20-a228-bc356dc862f7/f617ce94-ac56-47a6-b1e2-a52d8a890b8a/wealth-20juice-20podcast-20-20new-20album-20art-202025.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/ef7b5b89-e52e-428d-8e28-fd7fbc5ff513\" height=\"200\" width=\"100%\" title=\"You Can Buy A Short Term Rental Here for $40K - Most Americans Have Never Heard Of It | Nick McLoota and Derek Cirillo E392 \" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"What if you could buy a cash-flowing short-term rental for $40,000? Not in a random flyover market, not with a ton of risk, but in one of the most visited tourist destinations on the planet.\n\nThat's exactly what Nick and Derek of Yuki Homes discovered after following their passion for skiing to Japan and spotting an opportunity most Western investors have completely overlooked. In this episode, Cory sits down with the duo to unpack how a shared love of powder days turned into a full-blown real estate operation, and how they built the team, systems, and infrastructure to allow investors from the United States and beyond to own and operate profitable short-term rentals in Japan, completely remotely.\n\nWe get into how Nick and Derek met, what drove them to build Yuki Homes together, and why Japan stands out as one of the most underrated STR markets in the world. Think affordable entry points, strong year-round demand, and a tourism market that keeps growing.\n\nIf you have ever felt priced out of short-term rental investing in the U.S., or you are simply looking for a creative way to diversify your real estate portfolio internationally, this episode is going to open your eyes to a market you probably never had on your radar.\n\nCheck out: https://www.yukihomes.com/ and their search tool www.nipponhomes.com\n"}