Jim Manning
speaker
180 appearances
1 recordings
1 series
first heard Feb 2025
last heard Feb 2025
Jim Manning’s voice in public audio — every appearance, attributed to the second.
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Appearances
Hey, thanks for having me on the podcast.
I really appreciate it.
I grew up with a Jesuit education that the Jesuits pounded in your head, hey, be a man for others.
And my first job out of college was the exact opposite of that.
I was pushing paperwork for an insurance company, and there wasn't any sort of value behind what I was doing.
I wasn't really helping anyone.
I could do a great job pushing paperwork one month,
And my boss wouldn't notice.
I could do a terrible job the next month, and my boss wouldn't notice.
I was trying to figure out what the next chapter, and I fell in love with the idea of real estate investing.
Because if you take a property that needs work and you fix it up, well, you're improving that little piece of the world, right?
And there's a tangible value to creating a home for a family.
And so I kind of fell in love with that concept.
I like the financial upside too.
Being able to invest into something, maybe buy it at a discount.
And then when I sell it and make a nice profit on it, so it was kind of like, hey, I'd love to solve some problems, provide some value for the world and get paid while I do it.
So I started out doing that and built it up to about three projects.
And then the co-founder, Ryan Wessels and myself figured out that if we use other people's money,
to invest in real estate, we can scale and grow a whole lot quicker than if we're just using our own.
And so we had a core group of about six individuals that began lending us 100% of the purchase price and 100% of the repairs on properties.
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