On this week’s episode, Jamison Manwaring, co-founder and CEO of Neighborhood Ventures, shares about building out his real estate investment firm and his own crowd funding platform. If you’re interested in raising from non-accredited investors or how crowdfunding could boost your business, there will be many valuable takeaways.
On this week’s episode, Jamison Manwaring, co-founder and CEO of Neighborhood Ventures, shares about building out his real estate investment firm and his own crowd funding platform. If you’re interested in raising from non-accredited investors or how crowdfunding could boost your business, there will be many valuable takeaways.
After years as a tech analyst, Jamison realized that everyone had the same information on Wall Street and it was just a matter of trying to outsmart each other. Whereas with real estate, he could gain an advantage. He also did not like the volatility of the stock market and preferred the stability of holding real estate long term.
In 2020 he was selected as Phoenix Business Journal’s 40 under 40. Before Neighborhood Ventures, he served as the Vice President of Investor Relations at LifeLock and assisted the company in its successful sale to Symantec in February of 2017. Before LifeLock, Jamison was a technology analyst at Goldman Sachs where he participated in over a dozen software IPOs including Tableau, Alarm.com, and LifeLock. Jamison graduated from the University of Utah with a BS in Finance.
He began his foray into real estate by purchasing a 10 family in Idaho with his father’s help, a residential broker in the area. He was hooked. He has gone on to acquire 15 properties in Arizona with his partner, with all of them being sourced off market. For their first deal together, as an experiment, they tried to raise the money all online without using any of their connections. Through a lot of Google ad words and follow up meetings, they have built a huge following.
One note is that if you do want to leverage crowdfunding, please consult with an attorney. As Jamison will share, this is a highly regulated space so proper filings and disclosures are essential.
What I really like about Jamison’s story is how he views his platform as a way for everyday investors to get access to direct real estate investing. You can find out more about Jamison at: https://neighborhood.ventures/ or listen to his podcast at: https://podcasts.apple.com/us/podcast/kiss-my-assets/id1477552013. You can connect with him at: https://www.linkedin.com/in/jamison-manwaring-a8188625/.
Thanks for Listening!