Why He Was Reluctant to Work with LP Investors with Christopher Stout, Ep. 530

Written by John Casmon

August 16, 2023

Christopher Stout is responsible for overseeing and leading all operations at StoutCap. Stout has been a multifamily real estate investor for over a decade and is a master operator. With over 20 years of experience in the residential construction industry, Stout has used his knowledge and expertise to transition his career from construction to real estate investing. This transition ultimately led to the creation of StoutCap.

In this episode we dive into Chris’ journey from being a homeowner to an investor, how you can build wealth by creating value for other people, partnering up with people, goal setting and your why.

LISTEN HERE:

Announcement: Join our Apartment Investing Mastermind

Goals & Building Wealth

00:00 Homeowner to investor;

06:46 Building wealth by creating value for other people;

12:26 How partnering up can help;

15:45 Developing a goal & saying “no”;

22:32 $300,000 Vs. $50,000,000

27:23 What is your why;

Announcement: Download Our Sample Deal and Join Our Mailing List

30:53 Round of Insights

Apparent Failure: Buying a rent stabilized building in NYC.

Digital Resource: Organization and cloud-based storage

Most Recommended Book: Rich Dad Poor Dad

Daily Habit: Managing his calendar

#1 Insight for Multifamily Investing: Realize that the time moves faster than you think.

Best Place to Grab a Bite to Eat in New York: Rocco Steakhouse

Contact Chris:

To learn more go to stoutcap.com. Find Chris with the @officialstout handle on Instagram.

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.