Average Joe Finances

247. Building A Real Estate Empire with Jim Manning


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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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Average Joe FinancesBy Mike Cavaggioni

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