The Real Estate Syndication Show WS1675 - A Millionaire at the Age of 26 | Dave Allred
Join us as we dive into the inspiring journey of Dave Allred, a self-made entrepreneur who went from growing up in a low-income family to building a multi-billion dollar company. Discover how Dave achieved financial freedom through real estate, his transition from syndication to managing a real estate fund, and his unique approach to balancing work, family, and a life of purpose.
Key Points:
- Overcoming relentless failure: Dave's experience as a door-to-door salesperson taught him the value of mental fortitude and being comfortable with discomfort.
- The financial freedom equation: Dave's simple equation for achieving financial freedom through real estate investing.
- Building a portfolio of rental doors: Dave's goal of owning 1,000 rental properties by age 40 and how he accomplished it.
- Shifting from syndication to a real estate fund: The advantages of the fund model, including risk mitigation, competitive advantage, and the ability to create value for more investors.
- Lifestyle design and teaching financial literacy: How Dave incorporates his children into investing and teaches them the importance of passive income and financial freedom.
Key Quotes:
- "If something scares you, it usually means you should do it."
- "The best thing I can do as a father is to help my children see the best version of themselves."
- "Real estate is the best way to create time freedom, financial freedom, and generational wealth."
- "You can have everything you want in life if you help enough other people get what they want."
- "The goal is always to do bigger deals than yesterday and continuously strive for personal and professional growth."
Links: https://www.daveallred.com/
About Dave Allred
Dave Allred is Managing Partner and CEO of Axia Partners, a public speaker and executive business consultant, and a prominent figure in the real estate world. Allred’s life reflects what a person can do when they live with intentionality and a willingness to…
"Do today what others won't, so tomorrow you can have what others can't."
Born into a destitute family and entirely on his own at age 17, Dave first reset the standards of his life by becoming a millionaire at age 26 during his 15 year leadership career with Vivint, the nation’s largest smart home security company. After eight years as Regional V.P
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