Capital & Structure

The minimum is C$110,000 in cash, which is structured as a Money Partner position — 40% equity in a single property. That capital base is what funds an acquisition like the Kagawa unit shown elsewhere on this site.

Not on its own. The $110,000 Money Partner position at 40% equity sits at a lower return tier on its own. The 36–41% figure reflects an investor holding both the Money Partner position and the Credit Partner role — an additional 20% equity — bringing total equity to 60% of the property.

The Credit Partner role isn't an additional cash outlay in the same sense as the Money Partner capital — it's a separate commitment with its own terms. If you're only interested in the $110,000 Money Partner position, we'll walk you through what that return tier actually looks like before you commit to anything.

The Money Partner contributes the cash capital used to acquire and furnish the property, in exchange for an equity stake and a share of operating income. The Credit Partner takes on a different role tied to the property's financing structure, in exchange for additional equity.

An investor can hold either role independently, or both — holding both is what produces the combined 60% equity position and the higher blended return shown on this site. We go through the specifics of each role on a call before any commitment is made.

The remaining 40% is held by the working/sponsor partner — the team responsible for sourcing, acquiring, furnishing, and operating the property day to day. This keeps the operator's incentives directly tied to the property's actual performance, not just to closing the deal.

Returns, Risk & Liquidity

We plan around a 5-year horizon, aligned to the loan term. That's a deliberate choice: our return projections are based entirely on rental income generated by the property, not on assumed appreciation. A 5-year horizon gives the income model room to play out without leaning on a future sale price to make the numbers work.

No — like virtually all private real estate investments of this type, this is an illiquid commitment. You should plan to hold for the full term. We don't currently offer a structured secondary sale or buyout mechanism, so capital should only be committed if you're comfortable not accessing it for the duration.

This is exactly why our acquisition criteria target the medium-to-premium segment, not budget properties. Premium positioning carries higher margins, which gives the property room to absorb a sub-average occupancy stretch and still cover operating costs and staffing — rather than depending on a best-case scenario to stay viable. That said, all real estate income is subject to market risk, and no return is guaranteed.

No. Every return figure on this site is a pro forma projection based on PriceLabs market data and sponsor assumptions. Actual results may vary, and past performance of comparable assets does not guarantee future results. This site does not constitute an offer to sell securities, and any offering is made only to accredited investors pursuant to definitive offering documents.

Operations & Logistics

Operations are handled by the Obika team. On the ground in Kagawa, Takahide Obika oversees setup, furnishing, guest communication, and the community relationships that come with operating in a residential neighborhood. Investors aren't expected to manage anything directly — this is a passive position.

Every acquisition runs through the same staged filter: a hard gate (new or turnkey condition, walking distance to transit and a convenience store), a weighted factor (proximity to a real tourist draw), and a final market-validation step based on what comparable properties are actually generating. The full breakdown is on our How It Works page.

Our projections assume properties operate as short-term rentals year-round, under the relevant local licensing framework. This assumption underpins the occupancy and revenue figures shown across the site — it's one of the specific items we walk through during the vault review process.

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