cover of episode 445: When to Quit Your Job and Pursue Your Dreams with Rapper Manafest

445: When to Quit Your Job and Pursue Your Dreams with Rapper Manafest

Publish Date: 2021/2/21
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BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>The BiggerPockets podcast has quite a diverse group of guests that come on the show. We’ve had writers, speakers, businesspeople, and actors, but this may be the <strong>first rapper we’ve had</strong> with us. <strong>Chris Greenwood AKA Manafest </strong>is in the studio, and instead of recording beats, he’s recording the best lessons he’s learned through his <strong>music career, real estate investing</strong>, and online business.</p><p>Chris started out like many of us, working a stable job for a large corporation. After years of doing music on the side while working <strong>his full time job</strong>, he decided to<strong> take the jump and make rapping and rocking his career</strong>. Chris is the first to admit that this may not have been the best <strong>financial decision</strong>, and staying on the job for a little while longer could have relieved him of a lot of headaches. That being said, Chris didn’t just survive, he actually thrived in the music scene.</p><p>When Chris and his wife decided to move out of their condo to upgrade to a larger home, they brought up the idea of <strong>renting out the condo instead of selling</strong>. This opened Chris up to the world of<strong> real estate investing</strong>, and as he saw the checks start to come in, he realized that this was a money maker that could help bring in <strong>stable income, passively </strong>while he worked on his music.</p><p>Now Chris owns various properties and mainly buys from<strong> turnkey companies</strong>. Brandon, David, and Chris all have their own opinions on <a href="https://www.biggerpockets.com/blog/mastering-turkey-real-estate-build-passive-portfolio"><strong>turnkey real estate investing</strong></a>, but they all agree on one thing: for those that don’t have much time to be an active investor, it’s a great way to start or stack up rental properties.</p><p>Aside from rentals and rapping, Chris developed his own <strong>online course</strong> to teach other musicians how to successfully market their music in an industry that has such a high barrier to entry. Chris talks through how he separated himself from all the other “<strong>course gurus</strong>” and how you too can serve as an authoritative figure in your own community with <strong>knowledge, experience, and perseverance</strong>.</p><p>In This Episode We Cover:</p><ul>
  • How Manafest got his start in music (and why he made the jump to full time)
  • The struggles and benefits of working a full-time job and pursuing your dreams
  • Renting your primary residence instead of selling when you move out
  • Not getting sucked into the “you’ll have to fix toilets” fear of real estate investing 
  • Turnkey rentals and why they may (or may not) work for your investing strategy
  • Having the drive to help people before you ask for money or a sale
  • Chris’s book From Red to Black
  • And So Much More!
  • Links from the Show

    Click here to check the full show notes: https://www.biggerpockets.com/show445

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