Courtesy of Dave Allred
- "Bootstrapping" real estate strategies like wholesaling have exploded in popularity in recent years.
- Although they've worked in the past, veteran investor Dave Allred says they're not viable in 2023.
- Instead, Allred says investors should focus on growing their active income to put more money down.
The old adage, credited to Roman playwright Plautus, goes something like this: You must spend money to make money.
Although the phrase was coined over 2,000 years ago, Dave Allred still believes that it holds just as true for investors today.