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.
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
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