Japan Real Estate

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00:00:04: That that anecdote about how it all started is like I love that one Just sitting in corona on top of a mountain and you go out not knowing what to do And then having just started an Akiya business, and they heard them talking About oh my god.

00:00:17: What does this Akia stuff?

00:00:18: And i just but he used To Like raise your hand i think Is when He did On clubhouse.

00:00:22: is that How You got?

00:00:23: yeah, and i was like hey guys we've Got something to say.

00:00:28: See i'm matt catch him.

00:00:29: uh thats me and gunma There we go.

00:00:36: I think

00:00:36: the other man wants you to stay on that side,

00:00:39: oh right on I tend a wander and meander.

00:00:43: Yeah so i'm Matt Ketchum I run Akiyaz.io And number of other things.

00:00:49: Akia it's a weird one.

00:00:51: As Ziv mentioned tonight was just kind of riffing on a little bit started basically Right before corona?

00:00:58: Uh...and I had for years been Kind of long story, but make it real short.

00:01:05: So I also am a musician and do a lot of databaseing stuff And so I had actually made a methodology for understanding and analyzing the data behind Japanese underground heavy metal and when they first When that went be first Akia stories Started coming out?

00:01:25: It was like twenty sixteen or so.

00:01:27: i was looking at these stories thinking geez Like, none of these numbers make any sense.

00:01:32: What's going on here?

00:01:33: I can't read into any of it and it clicked in my head that oh my god the same way that i've analyzed underground heavy metal in Japan seems to be a...the way to analyze Akiya.

00:01:44: this is very interesting!

00:01:46: And thats kinda how he started getting into it.

00:01:48: then coronavirus happened as luck Frequently does, I was in the right position at the right time that a lot of people living in Tokyo said oh my god get me out of this city.

00:01:58: I don't know what to do.

00:01:59: and i said hey sixty thousand bucks maybe we can get you to Saitama or Gunma.

00:02:05: So yeah thats how it started.

00:02:07: I also did a lot digital infrastructure consulting mostly for small medium-sized businesses in Japan but over in the states as well.

00:02:17: that's web design with development date basing payment structure blah blah blah the things that you want to run a business.

00:02:24: But I also do a lot of adventuring and stuff, actually it's always.

00:02:30: my point is we've got a lot speakers who have really good numbers data experience its very good but also very analytical.

00:02:38: i kinda try to come in say hey here this cool thing with all that data they just gave ya.

00:02:43: so yeah thats what were gonna talk about today and little bit more let get.

00:02:53: So for me, the appeal and promise even or at least the attractiveness of not just Akia but like where they exist what they represent.

00:03:08: What's fascinating I kind can't stop thinking about it.

00:03:12: It is not that you've got.

00:03:17: property tends to be very strictly defined in your mind as an average person.

00:03:22: So like a house is a house.

00:03:23: What does the house?

00:03:24: Well, it's probably got two floors that may be between an apartment for family as like eight in-between eighty and one hundred twenty square meters.

00:03:34: what's a family?

00:03:34: well usually its'like four person unit or something like That.

00:03:37: so you've Got Like The Tendency to Pretty Strictly Defined of What A Given Type Of Property Is.

00:03:45: so You know House Is This And Restaurant Is That.

00:03:50: whatever is, it doesn't tend to change very much.

00:03:53: And those are some of the things that I pursue pretty actively.

00:03:57: and actually this t-shirt has a story behind which was really relevant but we'll get into in a moment.

00:04:03: So thats'the thing i work with.

00:04:05: its not necessarily like financial investment.

00:04:08: It's usually what you call lifestyle investments.

00:04:12: there's huge difference between them.

00:04:14: both are viable certainly But you have to understand what it is that your doing.

00:04:20: You're going into something and expecting X but get Y, then understandably probably not gonna be happy with the result?

00:04:27: And so I support a lifestyle side of things which are much more kind like frontier approach to investment in property as well again life style on Japan.

00:04:36: This is kinda typical stuff when you look at investing usually its financial investment right.

00:04:43: So you expect returns the banks and loans, liquidity in all of these things that you should definitely be thinking about especially if it's a financial investment.

00:04:56: You want returns?

00:04:57: That is kind of name-of-the-game.

00:04:58: If you don't do that then not doing very good job which again I touch but thats my forte.

00:05:11: this more what i do And its definitely has a cheehole so to say or rejuvenation.

00:05:18: Rural rejuvenation is a term that Ziv through my way.

00:05:22: A few weeks ago, I think but i still Think it's absolutely the best way to refer To It and so That's its a lot of things though right?

00:05:30: Its relatively complex And Relatively like nebulous.

00:05:33: also there's Like for lack Of a better word a good deal of emotion.

00:05:36: You know you're like.

00:05:37: what do you like?

00:05:38: you Know if you don't like something your not going to invest in it.

00:05:42: So What I did with all My clients.

00:05:45: big part Is Figuring out outside of the whole finance What realm like what do you want?

00:05:53: Like why are you doing this, but if If you go down to his path.

00:05:57: What is the ideal result for kind of your life that You want?

00:06:02: and it's surprisingly Difficult more so than one would imagine myself included Of which he was?

00:06:13: you know you're going into this.

00:06:14: I figured you already knew what you were looking for And most of the time It's, I don't know.

00:06:21: They haven't really... it kind of been a daydream.

00:06:23: so its not particularly well fleshed out or is actually completely misaligned with reality.

00:06:29: and that part my job.

00:06:30: because again if we're not thinking about the finance side things but think about like lifestyle result If you go do something then You buy your dream house when surrounded by jerks than didn't very good job Actually understanding environment just property but kind of the ecosystem that you want to live in.

00:06:50: So being able identify what that is, especially from like a social point-of view.

00:06:54: it's very difficult because as we all know Japan has not progressed I guess... As much as one would hope in terms of digitization and so being able figure out.

00:07:07: oh!

00:07:07: You said you wanted X Y & Z. Ah where is that?

00:07:10: How do we find it?

00:07:11: Because there are whole bunch data triangulation stuff that have to happen cause lotstuff either does NOT digitized.

00:07:17: So that means I have to go hunt it down, actually prove whether or not the thing we're looking for exists.

00:07:22: But even if is digitized tends be really dirty and so like.

00:07:25: that needs clean structure then further analyzed?

00:07:29: That's a large part of where my fees come in.

00:07:36: Yeah Pathfinder!

00:07:38: Now i feel this maybe over worded not like sheeple but with financial investments.

00:07:49: Yeah, you should probably be looking at what works and then do that in iterate on it.

00:07:53: In order to get the best returns like again.

00:07:55: That's the name of the game.

00:07:58: But The Pathfinder is What I think there was absolutely that type Of You know standard practice or Best Practice even Financial investment Absolutely necessary.

00:08:08: not saying At all let's Get rid of that Or anything.

00:08:10: but in addition To that what i tried to support Is Kind of, you know those people with a twinkle in their eye and extra buck in their pocket that are saying oh man I love mountain climbing like let's explore what i can do via property.

00:08:22: With my favorite hobby?

00:08:24: And I think how to break new markets which number one provided your successful at breaking open the market admittedly is very difficult thing but if u r the market share or stand to inherit is far superior and greater than what you would in more traditional markets.

00:08:47: From a more humanitarian point of view, Tokyo's doing pretty good everywhere else not so much.

00:08:56: And if we're going to bother throwing money at any type of investment I always think it's relatively interesting to consider Okay here the Tokyo Standard Model that could be very viable.

00:09:08: But What If We Did That Other Thing Out In Gunma?

00:09:12: And so being able to like determine what your different avenues are depending on What your needs and desires?

00:09:19: Are is yeah again, Like something I try to encourage in people.

00:09:28: So that Is why i do a whole lot of traveling around japan very rural areas This is over in fukui On the sea of Japan Because you can't pursue.

00:09:41: What You don't know Exists and often times it's very difficult to pursue or even think its a good idea, uh...to go out and discover.

00:09:52: And again that's like I think there is pretty normal honestly good thing.

00:09:58: but if everybody does then nobody knows what they don't know right?

00:10:02: So part of my job in traveling Japan with clients doing visitations as well understand the geography cultures opportunities both business lifestyle Really, the things that exist but we don't know because nobody's ever bothered telling us.

00:10:19: Which is a pretty kind of tautological statement.

00:10:25: Yeah and so... We're gonna talk about few spots I think are neat Not yet Whatever.

00:10:35: There we go The goat Greatest Of All Time.

00:10:40: This is a fun project, so those of you who know me probably are aware that I have kind of like long-standing relationship with the city.

00:10:48: I'm sorry town of Yugawara The goats has been part of my story for Probably seven years now something like but this isn't neat one and That just came last week Kind of made a hole.

00:11:03: we're doing promotional videos And stuff right Now But in addition to Akiya which tend To be houses there's also And a lot, often enough people ask me and probably all of us in the industry about farmland.

00:11:18: Well if I buy it can i do anything with that?

00:11:21: If I could do something to sell this produce?

00:11:24: It gets pretty nebulous quickly honestly speaking.

00:11:27: I kinda cant recommend for purchase however!

00:11:32: You go out of what we've been doing there for, yeah like seven years or so now.

00:11:36: In fact you can rent goats to eat the grass on your overgrown land.

00:11:40: That's a business that started down there But what?

00:11:43: We have been doing is basically putting together groups Of people who are interested in learning about agriculture and rural businesses.

00:11:51: And just like roll overnight weekend-ish experiences as well as wellness and health and exercise Sounds kind of crazy, but for a fee you can go work on the farm.

00:12:03: And if you sell it as hey I need your hard labor Can You pay me to give?

00:12:11: Your heart Labor that one doesn't sell very well But If You do frame It in A Get Some Exercise get Your Hands Dirty There's Fresh Air or You Get To Learn.

00:12:20: We know Meet New People from all over The World and You're Outside Of Tokyo and it's Relaxing.

00:12:24: Well That Stuff Actually Ends Up Becoming Kind of like a Wellness Retreat.

00:12:28: So we're on our fifth farm down there.

00:12:32: We've got, currently only have two goats, something like forty chickens and that's about it.

00:12:38: but the what?

00:12:40: It is a thousand by two-thousand square meters The plot of land were working in which just started tilling last weekend.

00:12:48: so thats neat again.

00:12:50: its at best financial.

00:12:52: I mean you don't want to lose money right.

00:12:54: But so long as you can find, and this is about leveraging existing assets which are owned by not-you.

00:13:02: There's no purchase involved here but a lot of those owners especially in rural Japan are eighty plus years old single They don't have family, they own nine hectares of land or something that is a farm but there's one person and the dog.

00:13:17: And it can get very much done.

00:13:18: so overgrows you know becomes basically an eyesore.

00:13:22: once that happens then the land value goes down because we've got to do some thing about all this overgrown stuff.

00:13:29: The city does worse off in its really kind of vicious cycle.

00:13:32: So being able actually monetize people to get out leave the City Get some exercise fresh air while also beautifying You know, rural areas in this case.

00:13:42: Anybody can do wherever they want.

00:13:45: It's kind of like a novel and neat thing And I've certainly gained quite a bit from it Recently...I have client down in the... Does anybody know where the Goto Islands are?

00:13:59: Okay so their west of Nagasaki- I didn't know that existed either.

00:14:03: In fact i saw Ziv recently because he had to travel here.

00:14:07: This was very extreme.

00:14:09: No lie no joke To get there.

00:14:11: so the owner Has property.

00:14:14: it's about I think point eight nine seven Acres of land with a property like.

00:14:21: I'm sorry building on it.

00:14:22: The building is i mean if you want to keep It okay, whatever but my honest recommendation would be just demolish it.

00:14:31: But yeah, so yet they're.

00:14:33: Let's see we had to fly down to fukuoka from Fukuoka took a seven and a half hour overnight ferry directly to this island, which is the third in the chain.

00:14:44: We did our...the whole thing media production documentation blah blah blah.

00:14:50: then on the way back had take The first ferry one and a half hours to Fukuaishima transfered another ferry that was three-hour ferry over to Nagasaki And then from Nagasaki Airport travelback Tokyo.

00:15:04: That's of major pain in the butt to get there, right?

00:15:07: This one definitely is not for like your average person.

00:15:11: That being said this isn't islanded by the way of seventeen hundred people.

00:15:15: They killed buses three years ago.

00:15:18: There's no public transport whatsoever.

00:15:21: Might as the fairies.

00:15:23: And despite that I got really excited when client first came to me just saying hey it needs some help you know how can we work together?

00:15:29: and i was like oh my god theres a place where ive never heard about it didnt even know what existed.

00:15:33: are their dinosaurs there?

00:15:34: or whats this?

00:15:36: But then I saw, straight up this was like a really deep and emotional meaningful experience for me.

00:15:43: Because actually not seen that level of commitment to an area before And still kind can't put it in words but make no mistake very much left the mark somewhere on my body.

00:16:01: But interestingly enough, despite the fact that there's no public transportation.

00:16:04: There is only seventeen hundred people I imagine the median age was probably somewhere around eighty-two.

00:16:11: You would think like okay not much happening here.

00:16:14: They were fully three other people who are opening up guest houses in Ming Kong there Coming from mainland Nagasaki and if you remember that trip That i took it's like Not The Easiest Place to Get To.

00:16:26: And Despite that theres Three Other People Who Are already have purchased Akiya there, are in the process of renovating it and creating business.

00:16:34: Of course one thing that I'm a little bit concerned about is the digital infrastructure aspect of it not necessarily electricity or connectivity because actually what does it docomo?

00:16:45: What has like an access point right next to it?

00:16:48: so... There's water, there's electricity, internet stuff like that.

00:16:53: but as i mentioned at this presentation, I do a lot of digital infrastructure advisory.

00:17:00: So it's one thing to purchase something renovated make it all nice and attractive.

00:17:03: It is another if you are not visible right?

00:17:05: And so the only things that really encourage anybody using these kind as an example Is Make sure your online well Because If You're Not All That Effort All That Money All That Sweat Blood And Tears Can Go To Waste If You Get To The Starting Line But Then You Don't Go Past It.

00:17:25: And so this is a really encouraging area to me.

00:17:28: Again, I do consider it very extreme example.

00:17:31: So not for everybody but even in this place which straight up as kind of like the edge-of-the-earth To Me Even In This Place There's More.

00:17:41: there's Three People Younger Two and Their Twenties Who Have Purchased this Lander Doing These renovations.

00:17:47: Japanese Folks?

00:17:49: That was Kind Of A Pleasant Surprise to me and i thought It Was Like A Really Good an example of, well I don't know doing wacky stuff.

00:17:59: Oh there's that's the house and this is a helicopter.

00:18:03: actually it was a helicopter pad back in the day.

00:18:06: um yeah so That's The House And then the mountain side is all the land.

00:18:12: uh Then There's This Other One!

00:18:13: This Is A Two Hundred and Fifty Room.

00:18:14: Fourteen...I'm Sorry Sixteen Story Hotel In Upper Yuzu Which crazily enough has is being maintained, it's operational.

00:18:30: The electricity works the on-stand works have been in the elevator.

00:18:33: there was a rooftop restaurant up there that still has like stocked bar from thirteen years ago because for thirteen years this thing had not be used even though...it could be.

00:18:48: I've met the owner.

00:18:49: they took me around.

00:18:50: its pretty clean.

00:18:51: well literally theres what custodians and groundskeepers who are employed and getting paid to do the job of cleaning, keeping this thing clean despite the fact that it generates nothing but loss.

00:19:05: So that one's a little bit curious.

00:19:07: I'm speaking what since last year?

00:19:11: I met the owner of this as well.

00:19:12: is the representative agent in The Seller's Agent Grant again?

00:19:17: This another extreme example That i've been kind of trying point out not...this Is What?

00:19:23: I can give that price.

00:19:27: The other one is a little bit different, again very extreme example.

00:19:30: your average person's not going to say oh boy gimme that two hundred and fifty rooms like.

00:19:34: i really want that but it's an available thing.

00:19:38: honestly the discussions they were having right now let us make hotel operational its you know what.

00:19:43: on the sixteenth floor we've got that restaurant.

00:19:45: then down in the fifteenth there are four or so rooms where might be able just rent out as teller work spaces Things like that.

00:19:53: So it's not just a hotel is the hotel, there's a hotel as a hotel.

00:19:56: It's...that space That happens to look..it has been called a Hotel previously but There are other kind of uses for it.

00:20:04: Also its got two separate restaurants in bottom with three mini kitchens In it as well.

00:20:12: That Is Just Yeah I'm kinda curious.

00:20:18: More Apparently there was pool here.

00:20:21: That tree grew, so that was many years ago.

00:20:24: There is a pool.

00:20:25: I don't know why they told me then.

00:20:31: and So yeah those are two like mega extreme examples of Island that nobody has ever heard of And takes an airplane in the ferry basically a full day to get too or A gigantic hotel but there's everything between.

00:20:46: And so I think those are good examples for kind of stoking the imagination.

00:20:50: But the fact is, you don't need to do either of these things.

00:20:53: actually get not just a good property on your hands but also start thinking and imagining and sketching out what unique use case or whatever it is that you're going after.

00:21:08: Another one.

00:21:08: my favorite stories.

00:21:10: we were talking last night about wild game meat.

00:21:14: There's three sisters in the Atami area that they bought an Akiya.

00:21:21: That was a real junker.

00:21:23: didn't need to live there though because their butchers and They discovered that local area of ata mi yugowata every year while all the time really pays Local hunters to you know shoot The past which tends to be wild boar and deer.

00:21:36: But all I would do it wasn't incentivizing the kill.

00:21:39: So, they had a bunch of carcasses that presumably were just like rotting or something.

00:21:43: And so the Butcher sisters figured that basically there's free meat, a free product for them to receive from local government.

00:21:49: That is already being paid for but they can just process into actual steaks and spare ribs things like that.

00:21:57: So I think five years ago within two... I believe it was about two years of opening They got acquired by a major company.

00:22:07: It has a vessel down here.

00:22:11: That was like a really great success story.

00:22:12: I can't imagine they spent more than maybe two million on the thing that they bought, but they don't need to live in it and just needed processing facility right?

00:22:21: Actually this same area too somebody bought... This is tough one.

00:22:24: Somebody bought an abandoned fish-processing facility Yeah!

00:22:31: But They made a brewery with it And are now actually pretty successful too.

00:22:36: So thats' an excellent example of oh Boy, there's a stinky used fish processing facility.

00:22:43: Mm-hmm give me that one to live in hell.

00:22:46: no Right but if you just need put some brewing machinery and stuff in there then it works pretty well.

00:22:56: Yeah.

00:22:57: so imagination everybody think outside of the box be creative blah blah blah yeah.

00:23:07: But I mean okay.

00:23:08: So there's the beer thing And whatnot?

00:23:09: But like really being able to think about Like oh what can i even do In this place?

00:23:14: I mean it totally depends, but you know there's hiking and waterfalls.

00:23:18: And i'm kind of rambling now...and sort-of..I think that might be done?

00:23:23: But yeah here are some nice pictures in nature!

00:23:28: Where am I going with

00:23:29: this?!

00:23:31: Yeah so this is where I'm goin'.

00:23:33: Actually I didn't even mean to take this great picture....but like really this is out in Yamanashi right near Fujino area Ueno Haru.

00:23:43: That's what that is.

00:23:45: Oh, but I didn't tell you about the t-shirt.

00:23:46: So also there in Nagano There's a A rock and roll Buddhist temple And it turns out that The head priest of that Temple is good friends with a band That my band plays With.

00:23:58: long story short we ended up inviting over this Band Earthless From San Diego to go play on top Of a mountain In rural Mountain in Nagono.

00:24:09: We had like all these Like torches.

00:24:11: It was awesome.

00:24:12: That's super cool.

00:24:13: But I mean, that was another thing too like what is this temple doing here?

00:24:18: Oh really already!

00:24:19: What did i say?

00:24:22: Um but yeah.

00:24:23: so This basically the end of presentation and if you want to go discuss doing cool stuff definitely talk me.

00:24:30: And two since do.

00:24:31: a lot of fermentation also brought not only kombucha and ginger, non-alcoholic ginger beer that I ferment made with local produce.

00:24:40: but i also collect sea salt from around various cities in towns of Japan.

00:24:46: And make lacto fermented pickles for those too!

00:24:49: So because it's about to be lunchtime if you want try the flavors of fermented japan.

00:24:54: come over me and give a taste.

00:24:56: The hot sauce senior swag bags

00:24:58: is awesome.

00:24:58: yeah all

00:25:00: right.

00:25:01: thank very much.

00:25:01: We will open for questions.

00:25:07: Raise your hands if you have any questions from Matt, but yes he's also going to be in the breakout room and all of the chill-out spaces throughout the day.

00:25:15: so do we have any question?

00:25:17: Any hands on the rune going once...

00:25:21: Oh sorry!

00:25:24: Have ever come across an environment where maybe out in rural Japan Folks who don't fit what so well in societies folks.

00:25:34: Who maybe have mental health diseases and so forth where they can live together?

00:25:39: Maybe do we some farming, may be do some.

00:25:41: yeah Have a collaborative community.

00:25:43: that's actually really excellent question.

00:25:44: That's super deep And I deal with or work with it in various forms quite so busy talking about like communities.

00:25:51: Right then there's various different types.

00:25:54: One i know a bunch of them A lot of i feel Like thats what, a concept that is still kind of in the midst of finding out what it is.

00:26:05: Specifically this actually one reason... Actually this was THE reason I'm really really bullish on Diokon Is these communities tend to buy or usually its one large house.

00:26:18: So it's got multi-bedroom multiple bedrooms and things like That but they're still very close quarters living.

00:26:24: It's kinda like have you ever watched reality TV?

00:26:28: And you know how when get a bunch of people living together in close quarters, it eventually devolves into terribleness?

00:26:34: That happens pretty frequently.

00:26:37: So the communities that I've seen there... In fact this is one them out in Ueno Haro are more far-me.

00:26:46: There's property over here and property over there.

00:26:49: The Diohocon thing is nice because its relatively well condensed but still has separate units.

00:26:57: So I've seen that.

00:26:58: but like the, emotional politics of just having a lot people live together is something very much needs to be explored further in order to determine probably community by community depending on the needs said community how it works.

00:27:14: But its definite work with number those thats very much top-of-mind kind conversation happening right now.

00:27:21: so i'd be glad connect you or give more anecdotes.

00:27:24: That actually is.

00:27:32: it's not a mental hospital, but yeah there was Yeah.

00:27:35: There were.

00:27:35: there was a conversation about that.

00:27:38: Further questions streaming.

00:27:41: okay

00:27:43: Okay we've got to double potter.

00:27:44: so Firstly how easy is it?

00:27:47: To create a ryokan like maybe cost wise or logistically?

00:27:51: And then secondly regarding the goat weeding idea.

00:27:55: Okay, who

00:27:56: or what would use the goats for weed abatement in California?

00:28:00: We'll use it for fire breaks.

00:28:02: Nice great question.

00:28:05: You're going to be surprisingly affordable.

00:28:08: I've worked with them and between usually like sixty two like three hundred million yen Or so.

00:28:14: but Like everything you realize that like if depends.

00:28:19: So some of them are kind of like M&A plays.

00:28:22: Others, you know there's just a family that can't handle it anymore.

00:28:26: so...

00:28:27: And they take a lot work if their cheap probably right?

00:28:29: Yeah yeah!

00:28:31: But again its kinda what I was speaking earlier Like.

00:28:34: okay If thats your concept we need to figure out.

00:28:36: Don't just buy and then figure it out.

00:28:38: Know That What You're Doing Is Actually A Smart Idea Instead Of Just Assuming What Was The Goat Question Again?

00:28:50: because in California they use it for fire breaks.

00:28:53: Right, right.

00:28:54: so its just that there's any number of overgrown farm lands That the single owner is probably too big to be honest.

00:29:05: They've got too much land But their not using and overtime gets extremely wild.

00:29:11: So straight up throw the goats on a year And let them eat it.

00:29:16: Now you have clean farmland that you can start using like the projects started this presentation off with.

00:29:28: Not yet, but yes!

00:29:30: That is definitely on my mind... Exactly they're already there!

00:29:38: Any other questions in the room?

00:29:45: So again about the Ryokans, how can they be licensed?

00:29:49: As I heard it's hard to follow the regulations To qualify as a ryokan.

00:29:53: Well if its an M&A then you're just going to inherit that.

00:29:55: so thats one of The advantages of it.

00:29:57: like If You want to start at new deal con Then yeah your gonna have go through all That stuff.

00:30:02: but depending on the negotiations It fits in existing business.

00:30:05: But you are requiring license Of.

00:30:07: that ought to Be A relatively cut and dry kind of process.

00:30:13: M&a question mark.

00:30:15: Sorry, we're doing acquisition.

00:30:16: Yeah so like acquiring the company okay?

00:30:21: Right further questions in the

00:30:22: room

00:30:23: for the question's industry.

00:30:26: yes I just bought a property mountain land In Itoshima.

00:30:33: all right it's near a waterfall.

00:30:36: Okay Good good eye.

00:30:39: i got some ideas but i do want to brainstorm this.

00:30:42: probably better for one-on-one.

00:30:45: Yep, I agree!

00:30:46: Biggest question is can goats eat bamboo roots?

00:30:51: You know that's not a bad question because goats will like you will be surprised if you have not seen a goat eat anything it'll eat it.

00:31:01: but bamboo is also one heck of a root.

00:31:05: so yeah like bamboo versus goat Who would win?

00:31:11: That being said, I'd be

00:31:12: streamed.

00:31:21: But yeah if you have the waterfall over in Itoshima a great area i'd be happy to discuss.

00:31:26: All right.

00:31:27: last call for questions.

00:31:31: Uh it's on my bag.

00:31:35: Okay, wait check this out.

00:31:36: Ok ok maybe the last comment.

00:31:38: So there's a lot of different sea salt production processes.

00:31:41: It is really crazy thing but everybody just thinks it's salt so they don't use it.

00:31:44: But if you put on vegetables and some water then to make pickles And its fun.

00:31:47: in all that stuff There are lots of producers.

00:31:51: obviously They have their brand stories.

00:31:53: Most of them aren't interesting but theres one Out on Izu Oshima and i brought this salt today as well as the pickles That im made with it.

00:32:00: They only harvest by light.

00:32:06: Supposedly, I haven't seen them do this.

00:32:16: Oh really?

00:32:18: Okay yeah exactly that's it!

00:32:19: This is the real deal.

00:32:24: Just comes up.

00:32:26: Yeah all right great.

00:32:28: i brought actual just the raw salt but also the pickles.

00:32:31: That too.

00:32:39: Thank you very much Matt,

00:32:40: he'll

00:32:41: be here all day as they say.

00:32:44: Don't be shy to hit him up!