Building Winning Investments with Chris Wooten (Pt. 2)
Welcome back to Tactical Friday. Today we’re speaking again with fellow veteran and real estate investing expert, Chris Wooten of Wooten Capital.I want us to dive right in and pick Chris’ brain about the steps to take in order to make the best investments with a possible downturn coming into the market. Things you will learn in this episode:[00:01 - 01:17] Opening SegmentI welcome back Chris Wooten to Tactical Friday Building investments in a possible down turn[01:18 - 09:09] Steps to Take to Make Winning InvestmentsChris talks about his start in stocks and gives advice for those startingBuilding your knowledge base firstFocus in on one thingAlways doing a market study before moving into a new areaDon’t get stuck in analysis paralysisChris realized flipping a property would yield a better return than wholesaleBuilt a team In any buy and hold process, you need to learn team building[09:10 - 12:19] Building Your Knowledge Base Building your knowledge with resourcesWithin Real Estate, Bigger Pockets to StartCovers a wide range of fields AudibleWork on the mindset first, The Miracle Morning[12:20 - 16:17] Closing SegmentChris gives advice around decisiveness Study! Then do something with itGet a mentor, coach or partnerI remind us not to get stuck in analysis paralysisDo your homeworkFinal words Tweetable Quotes: “With anything that involves more of a buy and hold process that’s not in your backyard, you need to learn team building. You need to learn how to talk with people and draw out their strengths and weaknesses so you can make sure they fit in your team.” - Chris Wooten“You gotta build your knowledge base so you don’t get stuck in analysis paralysis.” - Chris WootenResources mentioned in the episode:Growth ConThe Miracle MorningAudibleBigger Pockets to StartYou can connect with Chris personally on Twitter, LinkedIn, Instagram, Facebook and email firstname.lastname@example.org.You can also visit his website https://www.wootencapital.com/ to learn more about investment strategies.Did you love the value that we are putting out in the show? LEAVE A REVIEW and tell us what you think about the episode so we can continue on putting out great content just for you! Share this episode and help someone who wants to expand their leadership capacity or click here to listen to our previous episodes.Tactical Leadership is brought to you by Knight Protection Services. A veteran-owned and operated company, with extensive experience in risk assessment and crime prevention. Find out more by visiting https://knightprotectionllc.com/If you want to learn how to build a better business check out my website at Beatacticalleade.com. You can connect with us on LinkedIn, Instagram, or join Our BATL Space and become part of the community.
Ep #467 - Chris Wooten - Former Marine on Multifamily Leadership
Lifetime Cash Flow Through Real Estate Investing
Chris is in Rod’s Warrior Program and they discuss the two types of leaders Trust and verify The value of networking Putting a team together Double down on your strengths - understand your weaknesses Strategies for Asset Management CPI and CANI Loss Control Mitigation To find out more about our guest:wootencapital.com To find out more about partnering or investing in a multifamily deal: Text Partner to 41411 or email Partner@RodKhleif.com Please Review and Subscribe
Today I had the opportunity to speak with fellow veteran and real estate investing expert, Chris Wooten. Chris retired from the Marine Corps after 20 yrs where he was promoted 10 times with 3 combat tours. He then operated four house flipping teams, remotely while on active duty, and now operates an apartment investing asset management company Wooten Capital with a heavy focus on servant leadership. Let’s dive right into this episode and learn from Chris about knowing what kind of leader you want to be to build a winning culture within your team. Things you will learn in this episode:[00:01 - 06:36] Opening SegmentI welcome Chris to the showFellow veteran I talk about Chris’ accomplishmentsWooten CapitalChrist gives us a bit of his backgroundExperience getting into the marines Became interested in seeing people succeed Decided to go into Real Estate investing full time[06:37 - 17:24] Military Leadership CultureChris talks about his process through the militaryHaving influential leaders, listening, and doingFocusing on being above averageI give a bit more context to Chris’ storyChris shares his leadership experience Always ensured his team was fully equipped to get the job doneChris talks about his leadership styleRealised he needed to become an entrepreneur Sought out mentorshipChris built an avatar of his ideal leaderMind Mapping your ideal leaderWhat kind of leader do you want to beMaking a timelineChris talks about applying what he learned to investingFinding potentials Your network is your net worthI talk about adding to your network[17:25 - 32:51] Improving Leadership Blindspots Chris talks about micro-managementThe leader needs to make sure they are able to fully equip their teamChris gives advice on what a leader needs to be more effectiveDecisiveness and courageArticulate your deliverables Chris shares his thoughts on leadership failuresFailing ForwardYou don’t have failings you have seminarsChris talks about focussing on your strength by feeding your “why”Strengthen your strengths and partner out your weaknessChris’ morning routineDeep focus workTrying to get up early and working out to get in a meditative stateChris shares about his first experience in leadershipLearning more about the people on the team and learning how to serve them[32:52 - 42:42] Closing SegmentWhat advice would you give your younger self?Chris talks about how he was able to build a strong avatar from the get-goWhat are you learning about right now?Chris talks about understanding the economy and finance worldUsing servant leadership to structure ways to get bills paidThe One ThingWhat’s the legacy you want to leave?Evolving into a happy place with properties and teamsBuilding a servant leader training environmentHow to connect with you?See links belowTune back this Friday to hear from Chris againFinal words Tweetable Quotes: “What I had been doing as muscle memory was having influential leaders, listening to them and just doing.” - Chris Wooten“When I’m looking at investment opportunities and I find potentials, what I do is I say ‘okay, I’m really good at doing THIS, what things do I need help with?” - Chris Wooten“You can stand up and fall any which direction you want to fall, but if you are goal driven, you’re gonna fall forward.” - Christ WootenResources mentioned in the episode:Failing Forward - John MaxwellThe One Thing - Gary KellerYou can connect with Chris personally on Twitter, LinkedIn, Instagram, Facebook and email email@example.com.You can also visit his website https://www.wootencapital.com/ to learn more about investment strategies.Did you love the value that we are putting out in the show? LEAVE A REVIEW and tell us what you think about the episode so we can continue on putting out great content just for you! Share this episode and help someone who wants to expand their leadership capacity or click here to listen to our previous episodes.Tactical Leadership is brought to you by Knight Protection Services. A veteran-owned and operated company, with extensive experience in risk assessment and crime prevention. Find out more by visiting https://knightprotectionllc.com/If you want to learn how to build a better business check out my website at Beatacticalleade.com. You can connect with us on LinkedIn, Instagram, or join Our BATL Space and become part of the community.
Today I had the pleasure of speaking with Chris Wooten, a retired marine turned successful real estate investor with a portfolio of 534 units. In this episode I want us to absorb everything we can from Chris who took his military experience and incorporated it into his real estate empire.Let’s dive right into Chris’ story and pick his brain about becoming an above average performer in every area of your space.Things you will learn in this episode:[00:01 - 09:17] Opening SegmentI introduce Marine veteran, Chris WootenCurrently manages a portfolio of 534 unitsReminder to send a review - Link at the bottom of the show notes Chris talks about his storyJunior ROTC Major teaches Chris how to keep hitting above averageLearning how to get promoted by hitting above average in all areasI weigh in with my wife’s experience in fitnessYou don’t have to be the best in just one thingChris talks about his Marine Corps experience[09:17 - 22:43] Hitting Above Average in your SystemsChris realized he needed to make and sell his own productSurrounded himself with knowledge first As he moved around with the military he would research real estate in the areas he was placed in How Chris started flipping houses as a side-hustle You need to put the right systems in placeChris talks about how to make an effective systemRelying on the team How to be a good leaderThe Dichotomy of Leadership - Jocko Willink Chris talks about building yourself up firstI talk about my experience in building systemsChris’s final thoughts on system building[22:43 - 35:00] Hitting Above Average in Your Deals and Strategies Chris shares his journey from flipping on active duty to scaling up to Multi FamilyGetting the right culture into your spaceChris sold all his single family units and re-invested itI ask about what Chris is looking for in a deal nowChris breaks down his strategy and goalsFinal words on pursuing Above Average performanceSetting down a narrow path rather than setting a bunch of goals[35:00 - 40:23] The FOCUS FIVE SegmentWhat book have you gifted most often? The One ThingIf you can get an hour of somebody's time and ask questions, who would that be and why?Steve JobsWhat is one thing you believe that most people would disagree with you onChris talks about understanding the “granular pieces”Morning routine; How do you start your day?Have green juice, work out focusing on fat burn, get the kids to school, learn with audio books while working outWhat is the best place we can connect with you online?See below for social links.Final words from meTweetable Quotes: “To be a good leader you have to start with the foundation of yourself.” - Chris Wooten“Consistent above average performance will overtake excellence in individual events.” - Chris WootenResources mentioned in the episode:The Dichotomy of Leadership - Jocko Willink The One Thing You can connect with Chris personally on Twitter, LinkedIn and Instagram. You can visit his website https://www.wootencapital.com/ to learn more about investment strategies..LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.Are you working HARD but not really moving the needle on anything? You should check out my POWER LIST and find out how you can get more done to move your business, project, or relationship closer to where you want it to be. Let’s go!To know more about me and all the real estate opportunities you can find, check out my website at Hansstruzyna.com. Get the chance to talk with me for FREE. Set up a call using this link https://calendly.com/h-struzyna/15min See acast.com/privacy for privacy and opt-out information.
Ep 094: Retired military vet builds a real estate empire | Chris Wooten
The Fearless Investor
Have you ever thought about investing in real estate, but don't have the knowledge, education, or blueprint to get started? Fearless Flipping is your answer! Learn powerful tips, tricks, and practices from expert investors on how to get started and create financial freedom with real estate investing. Our weekly shows will empower you to conquer real estate investing!
WS538: Granular-Level Property Management and Its Moving Parts with Chris Wooten
The Real Estate Syndication Show
As we know, real estate is a great investment. But sometimes, it takes up so much time that the time-money relationship is very skewed. Chris Wooten, our guest today has firsthand experience of this. After retiring from the Marine Corps, he tried his hand at single-family and single-family wholesaling. However, he soon realized these niches didn’t align with his objectives, which were to have more control over his schedule and room for greater creativity. Instead, he chose to pursue multifamily and his asset management superpower. In this episode, Chris shares his self-education journey with us. Through constant consumption of podcasts and educational materials, along with attending networking events, Chris was able to build a granular understanding of every facet of the deal.---Our Gracious Sponsor: Gene Trowbridge and Jillian Sidoti, founding partners of the top syndication law firm Trowbridge Sidoti, have a legal team with over 88 years of combined legal experience. That team, along with their amazing support staff, has helped clients raise over 3.7 billion dollars in offerings by being dedicated to empowering entrepreneurs to raise capital legally, while allowing them time for other important things in their life. To learn more, visit the Crowdfunding Lawyers YouTube channel or website. ---
Remote Real Estate Investing and Scaling with Chris Wooten
Passive Wealth Strategies for Busy Professionals
Chris Wooten from Wooten Capital joins us today to discuss remote real estate investing! Chris is a veteran who began his real estate investing career while actively serving in the military. He has since retired and continued to scale his real estate portfolio. Today we discuss how busy professionals can start as remote real estate investors, and some of the upsides to getting into multifamily real estate.Quotes:“I would probably say would be my first apartment complex. I say that just because I still have it. it is returning an infinite return at this point. I doubled my money on it and some and I'm still getting cash flow from it.” “I would just digest as many podcasts as I could learn about podcast, you can set the speed on that two times. I could listen to two 30 minute podcasts in my 30 minute drive at 2x speed..”Get in touch:Wooten CapitalOther Similar Episodes:Wealth Strategies of the Ultra Wealthy with Richard Wilson Self Directed IRA Myths! What are UDFI and UBIT? with Bernard ReiszGuest Bio:Chris Wooten is a successful single family and multifamily real estate investor, who began investing in real estate while actively serving in the military. He remotely built a single family portfolio before moving into multifamily real estate. Today we discuss his experience getting into remote real estate investing, and how you can do it too!