Crowdfunding Real Estate in the European Union with John Corey

Published: Oct. 22, 2019, 7:03 a.m.

b"John Corey from Property Fortress joins us to teach us about crowdfunding in the UK and the European Union. They do crowdfunding very differently compared to how we do it in the United States. John has a background in technology and is now a location independent entrepreneur, who at one point worked directly with Steve Jobs. John is a technology pioneer who is bringing his skillset to real estate in the age of the internet!\\nQuotes:\\n\\u201cJust pay those puppies off and wait, let the tenants pay them off. The tenants will happily do that if you give them a clean, decent place to live. And when they want to move on, they move on and you get someone else.\\u201d\\n\\u201cSo if you're trying to raise money, and investors are interested, there's a bit of a dance that you and the investors would do to say, \\u201cOkay, you are credible as an investor? Are you credible as the developer?\\u201d\\n\\u201cSo when you buy real estate for investment purposes, it chews up a lot of capital and produces a small return. But you can enhance that with leverage or debt.\\u201d\\nGet in touch:\\nhttps://www.propertyfortress.com/\\nBiggerPockets\\nOther Similar Episodes:\\nHow Doctors Can Passively Invest in Real Estate with Vanessa Peters, MD\\nPassive vs. Active Investing for Financial Freedom with Hunter Thompson\\nGuest Bio:\\nJohn started working in Silicon Valley in 1982. Part of his day job included being online. Before anyone invented the term 'social media'. He co-authored HP's Unix standard (HP-UX) before moving on the NeXT. While there he spent about a year working for Steve Jobs. And a friend from my NeXT days later co-founded LinkedIn. He helped a bit by being a beta tester. He moved to London to work with Swiss Bank Corp. Today they are called UBS.\\nAfter John\\u2019s first year at HP, JOhn read a book, took a seminar and bought my first house, Nothing Down. Today you would call it a 'house hack'. John was doing it before there was a term for it. These days, John likes to say he has property from Hawaii to London, England. He spends most of his time in London with regular trips to the USA.\\nCombining his tech and real estate experience has turned into being a subject matter expert in crowdfunding for real estate."