247. Building A Real Estate Empire with Jim Manning

Average Joe Finances

In the dynamic world of real estate investing, the journey of every investor has its unique twists and turns. However, evolving strategies and adapting to different situations have a key role in the recipe for success.
Join us on Average Joe Finances as our guest Jim Manning shares his early influences, including his pragmatic altruist approach to business and a transformative experience with a self-made billionaire that shaped his views on success and happiness.
What you’ll learn in this episode:

• Shift to buy and hold properties and long-term financial freedom
• Real Estate’s high return potential and opportunities for passive income
• Importance of careful consideration in investments
• Use of lease to own arrangements for community benefit
• And so much more!

Key Moments:

01:14 Jim's Early Career and Entrepreneurial Journey

01:53 Lessons from a Self-Made Billionaire

10:58 A Health Scare and a New Perspective

12:49 The Evolution of Jim's 'Why' in Real Estate

15:07 Shift to Lease Purchase Deals

19:13 Birth of a Real Estate Fund

20:11 Impact of Real Estate on Community and Investors

20:19 Future Plans and Expansion

24:15 The Power of Passive Income and Real Estate

24:47 Understanding Retirement and Cashflow

25:10 Risks and Rewards of the Stock Market

25:37 Impact of Social Media on Business

27:41 Stability of Real Estate Investments

28:15 Unpredictability of the Stock Market

29:30 Tangibility of Real Estate

30:01 Importance of Diversification in Investments

30:15 Strategy of Buy and Hold in Real Estate

30:41 Complexity of Real Estate Investment Strategies

31:59 Importance of Cashflow in Real Estate Investing
Find Jim Manning on:

Websites:

https://jimmanning.com.

https://pasivewealthshow.com/

Facebook: https://www.facebook.com/passivewealthshow

LinkedIn: https://www.linkedin.com/in/jimmmanning/

Youtube: https://www.youtube.com/@passivewealthshow

Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

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1. [Ad] Make More with Matt Heslin (00:25:38)

2. (Cont.) 247. Building A Real Estate Empire with Jim Manning (00:25:39)