Jim Manning: The Power of Investing in Real Estate

Net Profit Podcast- Accelerate Your Profits with Ryan Kimler

About Jim Manning: Jim Manning is the host of the “Passive Wealth Show” and CEO and co-founder of Three Doors, with over 15 years of experience in real estate investing. He has successfully closed more than 3,500 deals and founded five real estate companies. A conversation with a self-made millionaire friend who feared outliving his savings inspired Jim's mission to help others achieve financial freedom through passive income. Jim is passionate about empowering people to retire with their income fully replaced by real estate investments.

In this episode, Ryan and Jim Manning discuss:

• Real estate investment strategies and their benefits in today's economy
• The importance of financial independence through passive income
• The relationship between entrepreneurship, wealth-building, and personal growth
• Challenges and opportunities for business owners transitioning to real estate investing

Key Takeaways:

• Starting small in real estate investment, scaling up through partnerships with private lenders can allow investors to grow exponentially without being limited by their own financial resources.
• Transitioning from a profit-driven mindset to a mission-driven focus, particularly through models like homeownership for underserved families, can restore meaning and fulfillment to a business.
• In times of economic uncertainty, investing in tangible assets like real estate provides financial security and stability, unlike the volatility of paper assets such as stocks.
• When entering real estate investing, individuals should first assess whether they have the time to actively manage investments or the capital to fund them, then choose a strategy accordingly to maximize success.

"I fell in love with the idea of real estate investing because I thought, well, I can buy a property that needs work, fix it up, and create a home for a family." — Jim Manning

Connect with Jim Manning:

Website: www.passivewealthshow.com

Email: [email protected]

Show: Passive Wealth Show: https://podcasts.apple.com/us/podcast/passive-wealth-show/id1490179711

LinkedIn: www.linkedin.com/in/jimmmanning

Schedule your free 1:1 Profit Breakthrough Session with Ryan here: https://go.oncehub.com/profit

Connect with Ryan Kimler:

Net Profit CFO Home Page: www.netprofitcfo.com

Email: [email protected]

Facebook: www.facebook.com/rkimler

LinkedIn: www.linkedin.com/in/ryankfinancialclarityllc/

LinkedIn NPC Company: https://www.linkedin.com/company/netprofitcfo/

LinkedIn FC Company: https://www.linkedin.com/company/financial-clarity-llc/

Show notes by Podcastologist Andy Santiago

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.