Friday, March 12, 2004

Kickbutt Real Estate Investing in Japan3 years ago this company i met with started investing in the budget business travelers' hotel sector in Japan. At that time real estate, and the rest of the economy, was still in the doldrums. These folks bought in and turned things around, betting on the recovery and the attendant growth in budget travel. They have been rewarded handsomely, with over 25% IRR over the period on a relatively low risk portfolio. Rock and roll!

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