Making Over $300K in Profit from JUST 2 Deals

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 23 June 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you lost your job today, what’s your plan B? Just eight months ago, today’s guest was laid off from his W2—newly married and with a baby on the way! Thankfully, he was able to quickly pivot to real estate investing and turn a passion into a career. Whether you’re looking to escape the nine-to-five grind or create a better safety net, we’ve got the perfect game plan for you! Welcome back to the Real Estate Rookie podcast! For years, Jason Manion had dreamed of buying, fixing, and flipping his own properties, and fortunately, he got a taste of real estate early on rather than sitting on the sidelines. His first real estate deal, a live-in flip that he also house hacked, netted him over $200,000 in profit. That early win gave Jason the confidence to pick right up with real estate after being let go from his nine-to-five job. His very next deal pulled in another $100,000! Want to learn the secrets behind Jason’s six-figure margins? He hunted down discounted properties on the multiple listing service (MLS), took his time with real estate analysis, and even found ways to save money with DIY renovations. Tune in as he walks you through his entire method, step by step! In This Episode We Cover How Jason made over $300,000 in profit on his first two real estate deals The secret to finding discounted properties on the multiple listing service (MLS) How to save thousands with DIY renovations and savvy material hacks The many benefits of using the live-in flip investing strategy How to turn your primary residence into a profitable investment property And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-578 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	What would you do if you were laid off from your job with a baby on the way?
0:05.7	Today's guest actually turned that low point into a six-figure win and a new full-time career.
0:13.0	Today we're talking to Jason Mannion, who used a data-driven mindset from tech to go from
0:17.5	anxious beginner to confident flipper, turning one house hack and one scary decision
0:22.9	into full-time real estate freedom.
0:30.1	This is the Real Estate Rookie Podcast. I'm Ashley Care.
0:33.6	And I'm Tony J. Robinson. And let's give a big warm welcome to Jason. Jason, welcome to the show, brother.
0:38.4	Thank you so much. Thank you, Tony. Thank you, Ashley. I am truly so grateful for the opportunity.
0:45.2	I've been a long-time listener to the Bigger Pockets podcast. I'm going on, I think, around five years now,
0:51.8	and just excited to be here. So thank you.
0:55.7	Well, you know you've made it when you're a guest on the rookie podcast.
1:00.3	So Jason, give us a little insight on what was your day to day like before you got started in real estate investing?
1:08.1	I was working in the tech sector as an online community manager, and I was actually pretty
1:16.4	content there.
1:17.6	I enjoyed my job.
1:19.8	I had worked my way up the corporate ladder.
1:23.0	At the time, I was making over six figures, which to me was the pinnacle of my, you know, professional
1:29.4	and work career. And so I was happy there, but it wasn't my dream job. I had always had this
1:37.5	deep underlying passion for real estate. Even when I go on my morning walks and I walk past houses
1:44.1	and I go through a neighborhood,
1:46.4	I can't help but think about how I would remodel houses.
1:49.4	I love looking at how they could be their best, their brightest.
	...

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