active investor

Want to enjoy the passive investing rewards without the daily grind? Then tune in to this episode with our guest, Jim Manning, and learn the two real estate fund structures that will unlock your way to freedom. 

Jim explains why investors should invest in a fund deal and what it means to be an active and passive investor. In addition, the conversation highlights the enormous benefits of real estate that stocks can’t offer. Be sure to hit the subscribe button and start discovering rare gems in real estate from this show!

Key Points & Relevant Topics

• Jim’s journey from active investing as a house flipper
• Active vs. passive investing
• How investors can start building passive income in real estate
• Real estate fund: Its advantages, how to invest in it, and what investors need to know 
• Jim’s real estate fund types and how they work
• What makes real estate a better investment than the stock market
• Differences between a debt and lease purchase fund
• Benefits of investing in a lease purchase deal
• Maximizing and managing time in a busy entrepreneurial and family life 
• The purpose of the Passive Wealth Show podcast and courses and their value for investors
• Real estate market insights in the next coming years

Resources & Links

• https://passivewealthshow.com/courses/ 
• https://passivewealthshow.com/category/episodes/ 
• Amazon
• Apartment Syndication Due Diligence Checklist for Passive Investor

About Jim Manning

Jim's first job out of school was working for a self-made billionaire. He had the private jets and every material thing you could ever want. Unfortunately, the billionaire was absolutely miserable.  So 15 years ago, Jim set out to find a way to become financially free without sacrificing his personal life.  

The passive income that real estate has provided has allowed Jim to own 3 multi-million dollar real estate companies, work a balanced schedule, parent 4 kids under 9 and even coach multiple teams, and invest in over $250 million in properties.  

Along the way, Jim discovered that he also had a knack for creating financial freedom for others. He's now on a mission to show others how to generate passive income from real estate without doing any of the work.  

Get in Touch with Jim

• Website: Passive Wealth Show
• LinkedIn: Jim Manning

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

If you enjoyed this episode, or are enjoying the Scalable REI show overall, show your support by buying the Scalable REI team a cup of coffee: https://www.buymeacoffee.com/scalablerei

Jazmin is a Serial Entrepreneur at heart, she founded her first start-up and hired her first employee when she was 15, with a broad range of experience working with businesses of all sizes in multiple industries and expertise in customer service and sales, backed up by a couple of business degrees nationally and internationally.

3+ years as an Active Investor in land.

Co-Sponsor for 880+Units in 2022 and LP for 170+ units.

Co-author of Powerful Female Immigrant and founder of SHE.

Best Way to Contact Jazmin:

https://massive.capital/jazmin/

Helpful Links:

Instagram: @investwithjazmin

Facebook: https://www.facebook.com/jazmin.salinas.12979

Linkedin: https://www.linkedin.com/in/jazmin-salinas-1448021a3/ 

https://linktr.ee/investwithjazmin

https://massive.capital/coaching/

BEST CRM THAT WE USE: Looking for the best all-in-one CRM to scale your real estate investing business? Use the link below to sign up today: https://www.gohighlevel.com/main-page?fp_ref=scalable-rei

BEST PHONE SYSTEM THAT WE USE: Looking for an optimal online phone system that can forward to your cell phone, directly integrate to your CRM, and be leveraged for your remote virtual assistant team? If so, use this link to save $20 today when you open a new account: https://openph.one/referral/NpnZPxX 

COFFEE!!! If you feel this episode provided a ton of value, show your support by buying us a cup of coffee: https://www.buymeacoffee.com/scalablerei

LET’S DO SOME DEALS!!! Contact Mason to JV/partner on deals or passively invest by either emailing him at mason@scalablerei.com

Schedule a call with Mason by using this link here: https://calendly.com/mason-klement/30min

Follow Mason on Instagram to learn additional real estate investing tips and tricks: https://www.instagram.com/mason_klement_scalablerei/

NOTE: This description might contain affiliate links, which may pay our podcast a commission at absolutely zero cost to you.  Any commissions go toward the cost of producing each episode so we really appreciate your support.  In addition, depending on the vendor, you actually might even save money by using these links that you wouldn’t have access to if you went directly to the vendor’s website. 

In today's episode (#34) We interview Jonathan Hayek. Jonathan was a former educator in the non-profit realm and made the jump into commercial real estate investing. Jonathan breaks down whether or not commercial real estate is truly a passive form of income or if it’s all a farce. Is multi-family overrated? Are there other types of commercial real estate that are better? Join us on this episode to get answers to all of these questions!

Connect with Jonathan at:

Jonathan’s LinkedIn
Check out his podcast: The Source of Commercial Real Estate Podcast
Free gift: www.thesourcecre.com/reinvest

Jonathan’s favorite podcasts:
Marketplace with NPR (economics)
Best Ever Commercial Real Estate Podcast

Jonathan’s Li’l Nugget:

Know yourself and be honest with yourself! Be realistic with your real estate investing goals versus the season of life you are in.

Connect with your Hosts:

Garrett Gatton
LinkedIn
Facebook
Garrett.gatton@gmail.com

Seth Ciminillo
LinkedIn
Facebook
Seth.ciminillo@gmail.com

Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.

Founder of Cordell Capital, Charlie has also founded and managed several successful companies in the Charleston SC area.  He has been involved in Multifamily / Commercial Real Estate in one aspect or another since 2006. Active investor since 2016, he set up Cordell Capital to bring private equity to investment opportunities.   Currently, Cordell Capital is partnered  on 786 doors of multifamily properties worth a total of $73,025,000 .
Main Points:

• Partnering with excellent sponsors and other capital partners to get deals done.
• Creating successful partnership
• Finding your next 1031 Exchange property investment 
• How volatile the stock market is and how our investments are more safe with a proven track record like ours.

Connect with Charlie Wessel:

• Book: What Would the Rockefellers Do?: How the wealth get and stay that way and you can too.  by Garrett Gunderson
• http://bit.ly/cordellcapital_investor_group
• charlie@cordellcapital.com, info@cordellcapital.com
• 8432009552
• https://www.facebook.com/CordellCapital/
• https://www.instagram.com/cordellcapital/
• https://www.linkedin.com/in/charlie-wessel-a50b1a15a/
• https://www.youtube.com/channel/UCRc0jCA0BgdH6jtJz8kROAQ
• https://www.cordellcapital.com/

• H.U.S.T.L.E culture: What it is and its advantages to a team 
• How does the Fund That Flip help businesses grow?
• Difference between a passive and an active investor’s risk-return profile
• Effects of the economic crisis on housing market demand
• 3 core benefits of investing in private money lending

The Life & Money Show Spotlight:

• Your Life & Money: What is one thing you're doing to live a meaningful and intentional life by design?
• Other's Life and Money: What is one life or money hack that you can share that will make an impact in others' lives right now? 
• Life & Money in the World: What's the one thing you're doing right now to make the world a better place?

RESOURCES/LINKS MENTIONED

• Best Ever Conference
• Prosper
• Lending Club
• Flipper Force

ABOUT MATT RODAK

Matt is the founder and CEO of Fund That Flip, a venture-backed real estate investment marketplace specializing in short-term loans for residential real estate rehabbers. As an active real estate investor, he became frustrated with the inefficiencies and lack of transparency offered by traditional rehab lenders. Fund That Flip’s technology provides ease of use, speed, and transparency to professional real estate rehabbers. The platform automates sourcing, underwriting, and loan origination for accredited and institutional investors, providing unprecedented access to this desirable asset class.

CONNECT WITH MATT

• Website: FundThatFlip
• Twitter: @FundThatFlip
• Instagram: @fund_that_flip
• Tiktok: @fundthatflip

CONNECT WITH US

To connect with Annie and Julie, as well as with other Investing For Good listeners, and to get the latest scoop on new and upcoming episodes, join Life and Money Show Podcast Community on Facebook.

To learn more about real estate syndication investment opportunities, join the Goodegg Investor Club.

Be sure to also grab your free copy of the Investing For Good book (just pay S&H)--

Thanks for listening, and until next time, keep investing for good!

Michael Blakey is the Managing Partner and co-founder of Singapore-based venture capital firm Cocoon Capital. Set-up alongside Will Klippgen in 2016, Cocoon adopts a hands-on, founder-first approach to early-stage investing. Before this Michael was an entrepreneur and since 2000 was a full-time angel investor who was named ‘UK Angel Investor of the Year 2015’, selected as one of the Maserati 100, and classified as a ’Business Angel you should know.

Key Takeaways

• Challenges of growing up with dyslexia and how that prepared Michael to be a better entrepreneur
• The hideous shoe story - Unique approach by a founder to stand out and get Michael’s attention while pitching to him
• How to make a good first impression and mistakes to avoid while pitching to a VC 
• Most important slides on a pitch deck that founders tend to overlook
• Why some entrepreneurs can raise millions of dollars pre-revenue while some other entrepreneurs struggle to raise funding even after making significant growth
• How founders can organise the fundraising process efficiently
• How founders can answer 'what if Google tries to build this' effectively
• Difference between Seed and Series A round investment
• Realities of raising a bridge round or down round investment
• Ways founders can create urgency to close the funding round quickly

• The story of Chris's first house hack
• How he sold all his single family properties and rolled it all into Multifamily 
• How to be a passive investor?
• What's the difference between passive and active investor?
• What are the things you'll learn as a passive investor?
• What is infinite banking?
• How to use life insurance in real estate investing
• What is the investment optimizer?
• Can we use an insurance policy in lieu of a 529 plan?
• How to pay college without a 529 plan?

RESOURCES FROM THIS EPISODE

• To get your free Ebook, click here.
• Email: chris@nextlevelincome.com

GUEST BIO

Chris Larsen is the founder and Managing Partner of Next-Level Income, through which he helps investors become financially independent through education and investment opportunities. Chris has been investing in and managing real estate for over 20 years. While completing his degree in Biomechanical Engineering and M.B.A. in Finance at Virginia Tech, he bought his first single-family rental at age 21. During his subsequent career in the medical device industry, Chris expanded into development, private-lending, buying distressed debt as well as commercial offices, and ultimately syndicating multifamily properties. He began syndicating deals in 2016, has raised more than $15 million and been actively involved in over $150 million of real estate acquisitions.

In addition to real estate, Chris has invested in equities, oil & gas, and small business lending, as well as being active in Venture South, one of the nation’s Top 10 Angel Investing groups. Chris lives with his wife and two boys in Asheville, NC where he loves spending time with them in the outdoors and enjoying the food and culture that the region has to offer.

CONNECT WITH US

To connect with Annie and Julie, as well as with other Investing For Good listeners, and to get the latest scoop on new and upcoming episodes, join the Investing For Good Podcast Community on Facebook.

To learn more about real estate syndication investment opportunities, join the Goodegg Investor Club.

Be sure to also grab your free copy of the Investing For Good book (just pay S&H).

--

Thanks for listening, and until next time, keep investing for good!