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
If I can replace it as a 40-year-old, well,
i have income coming in from investments well you know you could live another 60 70 years and and be retired the whole time because your investments are out there producing you a value that's outpacing the expenses that you're making on a monthly basis so to me because of the diversification and because of the value of having income come in from the investments i i absolutely love it i am
95 plus percent of my net worth is in real estate.
You have to find what works for you.
That's what works for me.
Yeah, I mean, I would say evaluating like how much money you have to invest and depending on what you have or don't have, like there's different options available for you.
I have a course on my podcast, PassiveWealthShow.com.
And basically teaches if you want to start investing into real estate funds, it's a free course that will break down what are different requirements, what are different things to look for and different risk factors to be aware of.
And to me, if you do want to go the passive route, there's a skill set and there's some knowledge there to be able to identify and be a successful passive investor.
But the leverage of investing through other people and through other companies is so powerful.
And there's an evolution of cash flow and an evolution of investors.
And it always tends to end with someone that's really good at investing into other companies and to other assets like real estate.
That's going to be the biggest upside that anyone has to earn financial returns.
Yeah, so it was a couple week journey as an intern for the individual.
And the internship was different in that we went to his personal residence and we labeled his wine collection.
And this guy's wine collection was so large that I don't know how many millions it was, but it took two guys 60 plus hours a week for two full weeks to just take a bottle out of his wine collection, print out a label, stick the label on and put the wine bottle back in.
At one point, I had $50,000 in my hands.
So this guy had unbelievable wealth.
And the first week I really started to idolize him because I met his gorgeous inner 20s girlfriend and being fresh out of college.
I remember thinking, wow, this girl's like really good looking and this guy's wider than he is tall.
Showing 121–140 of 180 · page 7 of 9
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