John Corey
Screen Name: JohnCorey
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Points: 18216
London,
United Kingdom
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My Details
Enabling the dreams of others
Pay it forward.
www.ChelseaPrivateEquity.com/blog
Other Interests
Buy To Let (BTL) investing in the UK
Travel to locations around the world
Fine dining
Borough Market, London
Wine
About Me
University degree in computer science with a number of years working for both manufactures of technology and end user companies (telcos, banks, insurance companies). Most recently my technology career has focused on the banking sector (retail and investment banks)
I stated investing after reading a book, taking a 2 day seminar and then buying a house 'Nothing Down' the following day. That was in CA and it was in 1983 so some time ago. I have been an active investor ever since.
I enjoy offering advice to others. It is a great way to give back and it helps me stay in touch with what is going on in the marketplace. Generally, RE investors are rather generous with their time. I have certainly benefited from friendly advice over the years. Call it pay back time for me and a fun way to meet new people who are making it happen.
Real Estate Experience
Multiple states in the US and multiple countries. Current portfolio is focused on US and the UK. The US being the better opportunity given present trends.
I started investing in 1983. My focus is residential, normally 1-4 unit stick built homes. I buy off-plan (pre-construction condos) and I buy older homes. Each deal needs to make sense but what that means varies based on the exit strategies planned per property.
I rarely directly manage any of my rentals as I have proven that I make more money finding good deals than I do managing the tenants or the property maintenance.
I will continue to grow the portfolio and to focus on value investing. By that I mean finding deals where there is real value at the time of purchase rather than buying with appreciation being the end game.
Check out my profile on Wanna Networks












10/19/2011
Hello John,
We wanted to stop by and introduce ourselves. We're REI Free Classifieds, a brand new online classifieds specifically for real estate investors, investor-friendly agents and REI-related services. We would love to have your participation and input.
Thanks,
The REI Team
Real Estate Investing Free Classifieds
08/06/2010
Hey John. Hope this message finds you well.
Just wanted to present you with something, you might be interested in.
We are selling cash-flowing properties in Orlando. Fully rehabbed and with tenants in place! So cheap, were practically giving them away lol. If you or anyone you know might be interested in an opportunity like this, just visit this site.
http://orlandoinvestmentproperties.us/
07/19/2010
Hello John I am Frank Lawson and I am contacting you because I need some advice or guidance on a funding issue I am haveing. I have a hotel project that I am working on it is a 2.95 milion dollar hotel. we have placed $410,000 into escrow and need another $50,000 to close. I have terrible credit and need to close quickly. I have done everything but sell my house (because I don't own one) Do you know anyone that does short term loans this small that would take either third position or make a personal loan for the deal. I am desperate what would you do and how can I get this done
Frank
07/08/2010
Dear John:
What type or kind of "Partnerships" are you looking to make?
07/05/2010
06/23/2010
Hey John,
Have 4 new multi-family deals under agreement. Looks like we are going to busy with some rehabs in 2 of the buildings. The other 2 of the buildings are actually in good shape without rehabs and have current lead certificates. Those are move in ready. Looking at a 6-unit doing seller financing on Friday. Busy, busy.
06/22/2010
Happy belated Birthday John. Hope it was a fun one for you! ttys.
06/12/2010
Hey Thanks for the contact request. I plan on crossing the pond one day and when I do I will look you up! Happy Investing Bro!
I place discounted single family residential properties under contract and then either assign/close with my end buyer
06/08/2010
Hi John, Thanks for the contact. I look foward to getting advice from you as I am a newbie and have not completed a deal yet but I am currently working on a short sale(ugggh!) I started this before I really knew what I was in for so I look forward to the advice! Erica
06/04/2010
I have a property that for sell in the Baltimore,MD. This is a 2bedroom 1bathroom townhouse. You can turned this property around and less then a month, I mean it's very little work needed on this property. It's an investor dream house with the condition it's in. The area is a home owners friendly neighborhood and have a school right across the street and one around the corner. The sale comps in this area are at $79,000 and the rental comps are at $650,00 to $750,00. The asking price is $55,000. If you like to see some picture just email me and I'll be more then happy to send them. Here is my email address kornegay1@verizon.net