JF3204: Pros and Cons of Value-Add vs. Ground-Up Development ft. Christopher Stout

<p>Christopher Stout is the principal at StoutCap, which acquires high-performing assets in growing Southern markets. In this episode, Christopher discusses how he leveraged his experience in construction to garner success in value-add multifamily investing. He also shares the biggest struggles he’s encountered operating in a landlord-unfriendly market as well as advice for investors looking to get into development or bring construction in-house.</p> <p> </p> <h2>Christopher Stout | Real Estate Background</h2> <ul> <li>Principal at StoutCap</li> <li>Portfolio: <ul> <li>479 units </li> </ul> </li> <li>Based in: New York, NY</li> <li>Say hi to him at:  <ul> <li><a href="https://stoutcap.com/" target="_blank" rel= "noopener">stoutcap.com</a></li> <li><a href="https://www.instagram.com/officialstout/" target= "_blank" rel="noopener">Instagram</a></li> <li><a href= "https://www.linkedin.com/in/christopher-stout-4a0964135" target= "_blank" rel="noopener">LinkedIn</a></li> </ul> </li> <li>Best Ever Book: <a style="font-style: italic;" href= "https://www.amazon.com/100M-Offers-People-Stupid-Saying-ebook/dp/B099QVG1H8" target="_blank" rel="noopener">$100M Offers</a> by Alex Hormozi</li> <li>Greatest Lesson: Keep your foot on the gas as if it’s the hottest real estate market ever. That way, when deals start to pop up, you’ll be in line for them.</li> </ul> <p> </p> <p><strong>Click here to learn more about our sponsors:</strong></p> <p><a title="CASKX" href="https://www.caskx.com/bestever/" target= "_blank" rel="noopener">CASKX</a></p> <p><a title="Techvestor" href="https://techvestor.com/" target= "_blank" rel="noopener">Techvestor</a></p> <p><a href="https://capital.thebamcompanies.com/" target="_blank" rel="noopener">BAM CAPITAL</a></p>