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

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    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.