Edmond Bondoc breaks down how he created over $700K in equity from a single property in Seattle—by adding both an attached and detached ADU. David and Edmond unpack every step, from finding the off-market deal to structuring the financing and turning one house into three income-producing units. KEY TALKING POINTS:0:00 - Intro0:56 - An Overview of Edmond Bondoc’s Business4:23 - Breaking Down His Property With 2 ADUs9:21 - How They Figured Out Financing For The ADUs13:30 - The Specs Of The ADUs15:37 - Why He Went With One Attached And One Detached17:19 - What He Wants To Do Next19:10 - What He Was Doing Before Real Estate22:57 - Pulling Equity Out Of The Deal & Using HELOCs25:01 - What He Likes To Do For Fun25:34 - What He’s Hoping To Get From The Springboard Event26:23 - How To Get In Touch With Edmond26:46 - Outro LINKS:Instagram: Edmond Bondochttps://www.instagram.com/edmondfromedmonds/ Links: Edmond Bondochttps://linktr.ee/edmondfromedmondsre Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Edmond Bondoc breaks down how he created over $700K in equity from a single property in Seattle—by adding both an attached and detached ADU. David and Edmond unpack every step, from finding the off-market deal to structuring the financing and turning one house into three income-producing units. KEY TALKING POINTS: 0:00 - Intro 0:56 - An Overview of Edmond Bondoc’s Business 4:23 - Breaking Down His Property With 2 ADUs 9:21 - How They Figured Out Financing For The ADUs 13:30 - The Specs Of The ADUs 15:37 - Why He Went With One Attached And One Detached 17:19 - What He Wants To Do Next 19:10 - What He Was Doing Before Real Estate 22:57 - Pulling Equity Out Of The Deal & Using HELOCs 25:01 - What He Likes To Do For Fun 25:34 - What He’s Hoping To Get From The Springboard Event 26:23 - How To Get In Touch With Edmond 26:46 - Outro LINKS: Instagram: Edmond Bondoc https://www.instagram.com/edmondfromedmonds/ Links: Edmond Bondoc https://linktr.ee/edmondfromedmondsre Instagram: David Lecko https://www.instagram.com/dlecko Website: DealMachine https://www.dealmachine.com/pod Instagram: Ryan Haywood https://www.instagram.com/heritage_home_investments Website: Heritage Home Investments https://www.heritagehomeinvestments.com/

Edmond Bondoc breaks down how he created over $700K in equity from a single property in Seattle—by adding both an attached and detached ADU. David and Edmond unpack every step, from finding the off-market deal to structuring the financing and turning one house into three income-producing units.&nbsp;KEY TALKING POINTS:0:00 - Intro0:56 - An Overview of Edmond Bondoc’s Business4:23 - Breaking Down His Property With 2 ADUs9:21 - How They Figured Out Financing For The ADUs13:30 - The Specs Of The ADUs15:37 - Why He Went With One Attached And One Detached17:19 - What He Wants To Do Next19:10 - What He Was Doing Before Real Estate22:57 - Pulling Equity Out Of The Deal &amp; Using HELOCs25:01 - What He Likes To Do For Fun25:34 - What He’s Hoping To Get From The Springboard Event26:23 - How To Get In Touch With Edmond26:46 - Outro&nbsp;LINKS:Instagram: Edmond Bondochttps://www.instagram.com/edmondfromedmonds/&nbsp;Links: Edmond Bondochttps://linktr.ee/edmondfromedmondsre&nbsp;Instagram: David Leckohttps://www.instagram.com/dlecko&nbsp;Website: DealMachinehttps://www.dealmachine.com/pod&nbsp;Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments&nbsp;Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

432: He Built $700K Equity In ONE Real Estate Deal With ADUs

It is a tragedy that 95% of the country is brainwashed into believing that you have to work 50 hours per week for 50 years just to retire. By that point, you might not even enjoy your time off!

This podcast helps you escape the traditional 9-5 and embark on a fulfilling, financially rewarding journey.

We will show you how it is possible to make your annual salary, monthly through a proven business model called wholesaling real estate.

Why wholesaling real estate? This perfect strategy doesn't require significant capital to actually purchase the property yourself, it allows you time freedom without being at someone’s beck and call, and you can make 15% of each deal. You simply find distressed properties and connect them with investors. It's a flexible and scalable way to enter the world of real estate without many of the traditional barriers and offers 5 figure paydays.

If you're a newcomer to this world, this podcast is specifically designed for you. Here's what you can look forward to:

Wholesaling 101: We break down the ABCs of wholesaling. And no, 'B' doesn't stand for 'Boring.'

Beginner’s Bootcamp: Think of this as your training wheels in real estate, only a lot less embarrassing than the ones on your childhood bike.

Action Steps: Get ready to jot down exactly what to do next.

Support Squad: Dive into a community of fellow newbies with experts we bring in to help. You will achieve success much faster when you have access to people who have achieved what you want to achieve, and the support from those on the same path.

Ready to get started? Let's get you listening all the way to the bank.

Subscribe and leave us a review!

Sign up for a free trial of DealMachine : https://www.dealmachine.com/pod

Business

Entrepreneurship

Education

Investing

How To

It is a tragedy that 95% of the country is brainwashed into believing that you have to work 50 hours per week for 50 years just to retire. By that point, you might not even enjoy your time off! This podcast helps you escape the traditional 9-5 and embark on a fulfilling, financially rewarding journey. We will show you how it is possible to make your annual salary, monthly through a proven business model called wholesaling real estate. Why wholesaling real estate? This perfect strategy doesn't require significant capital to actually purchase the property yourself, it allows you time freedom without being at someone’s beck and call, and you can make 15% of each deal. You simply find distressed properties and connect them with investors. It's a flexible and scalable way to enter the world of real estate without many of the traditional barriers and offers 5 figure paydays. If you're a newcomer to this world, this podcast is specifically designed for you. Here's what you can look forward to: Wholesaling 101: We break down the ABCs of wholesaling. And no, 'B' doesn't stand for 'Boring.' Beginner’s Bootcamp: Think of this as your training wheels in real estate, only a lot less embarrassing than the ones on your childhood bike. Action Steps: Get ready to jot down exactly what to do next. Support Squad: Dive into a community of fellow newbies with experts we bring in to help. You will achieve success much faster when you have access to people who have achieved what you want to achieve, and the support from those on the same path. Ready to get started? Let's get you listening all the way to the bank. Subscribe and leave us a review! Sign up for a free trial of DealMachine : https://www.dealmachine.com/pod

Share 432: He Built $700K Equity In ONE Real Estate Deal With ADUs

Sign up to save your podcasts

432: He Built $700K Equity In ONE Real Estate Deal With ADUs

432: He Built $700K Equity In ONE Real Estate Deal With ADUs

More shows like The DealMachine Real Estate Investing Podcast

BiggerPockets Real Estate Podcast

The Best Ever CRE Show

Passive Real Estate Investing

Lifetime Cash Flow Through Real Estate Investing

The Martell Method w/ Dan Martell

Real Estate Investing with Coach Carson

One Rental At A Time

Ken McElroy Show

Real Estate Rookie

BiggerPockets Daily

Wealthy Way

On The Market

The Rich Somers Report

The BetterLife Podcast

The David Greene Show