After building his own impressive personal investment portfolio consisting of more than 1,000 residential units while a VP of Sales at Vivint Smart Home, Dave Allred has positioned himself over the past five years as one of Utah’s most prolific multi-family syndicators. Utilizing the value-add approach, Dave has consistently delivered above-market returns through diligence to research and underwriting that is practically unmatched among his peers.

 

[00:01 - 07:54] Opening Segment

Get to know Dave Allred

Dave’s journey to the professional world with a ‘live the comfortable life’ mindset“I wanted a ton of freedom.”

 

[07:55 - 18:50] Creating Freedom and Life Satisfaction through Real Estate

A trip back to Dave’s first real estate investment 

The Velocity of Money: Scale your portfolio quickly

Be intentional and have clarity

Get your emotions out of the equation

 

[18:51 - 32:30] Purpose and Intentionality 

Give up the Greed

Dave’s Power Hour and how brings balance to his life

Chunk Out Your Calendar

Taking the dive out of corporate

 

[32:31 - 43:44] Closing Segment

Quick break for our sponsorsThe first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at www.escapingwallstreet.com

What is the best investment you've ever made other than your education?An investment with Goldman Sachs

Bitcoin

Dave’s worst investmentFirst multifamily

What is the most important lesson that you've learned in business and investing?“Lifestyle design.”

Connect with Dave Allred through [email protected], Instagram, and LinkedIn.  Visit their website Axia Partners.

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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Resource Mentioned:

Real Estate Investing for Dummies

 

Tweetable Quotes:

“The key to really effective smart Investing is actually taking the emotion out of the equation.” - Dave Allred

“I chunk my calendar based on my priorities, not what's most urgent, but what is the most urgent to Dave, and what I believe is going to create a meaningful and purposeful life.” - Dave Allred

“Most people have more regret in life having not taken shots than having taken shots and failed at it.” - Dave Allred