Eric Escobar breaks down how he built $1 million in equity from a single deal in Los Angeles using a hidden strategy that lets homeowners split lots and build new units on their land. He explains how he bought a $585K home, added three new units, and created a $2.5M property — all while running his own construction company and navigating city zoning hurdles. This episode shows how one overlooked opportunity can turn a single property into a million-dollar play. KEY TALKING POINTS:0:00 - Intro0:23 - Eric Escobar’s Business & SB9 Deals4:02 - Other Senate Bills & Why You Should Actually Read Them5:41 - What SB9 Applies To & Numbers From A Deal8:53 - Working With The City11:33 - What It Costs For A New Build In His Market13:29 - When He Started His Construction Company17:08 - His Real Estate Content & What He Wants To Do Next19:52 - His Recommendations For David & Driving For Dollars23:40 - Outro LINKS:Instagram: Eric Escobarhttps://www.instagram.com/ericpaulescobar/ Facebook: Esco Builders Inc.https://escobuildersinc.com/ 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/

Eric Escobar breaks down how he built $1 million in equity from a single deal in Los Angeles using a hidden strategy that lets homeowners split lots and build new units on their land. He explains how he bought a $585K home, added three new units, and created a $2.5M property — all while running his own construction company and navigating city zoning hurdles. This episode shows how one overlooked opportunity can turn a single property into a million-dollar play. KEY TALKING POINTS: 0:00 - Intro 0:23 - Eric Escobar’s Business & SB9 Deals 4:02 - Other Senate Bills & Why You Should Actually Read Them 5:41 - What SB9 Applies To & Numbers From A Deal 8:53 - Working With The City 11:33 - What It Costs For A New Build In His Market 13:29 - When He Started His Construction Company 17:08 - His Real Estate Content & What He Wants To Do Next 19:52 - His Recommendations For David & Driving For Dollars 23:40 - Outro LINKS: Instagram: Eric Escobar https://www.instagram.com/ericpaulescobar/ Facebook: Esco Builders Inc. https://escobuildersinc.com/ 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/

Eric Escobar breaks down how he built $1 million in equity from a single deal in Los Angeles using a hidden strategy that lets homeowners split lots and build new units on their land. He explains how he bought a $585K home, added three new units, and created a $2.5M property — all while running his own construction company and navigating city zoning hurdles. This episode shows how one overlooked opportunity can turn a single property into a million-dollar play.&nbsp;KEY TALKING POINTS:0:00 - Intro0:23 - Eric Escobar’s Business &amp; SB9 Deals4:02 - Other Senate Bills &amp; Why You Should Actually Read Them5:41 - What SB9 Applies To &amp; Numbers From A Deal8:53 - Working With The City11:33 - What It Costs For A New Build In His Market13:29 - When He Started His Construction Company17:08 - His Real Estate Content &amp; What He Wants To Do Next19:52 - His Recommendations For David &amp; Driving For Dollars23:40 - Outro&nbsp;LINKS:Instagram: Eric Escobarhttps://www.instagram.com/ericpaulescobar/&nbsp;Facebook: Esco Builders Inc.https://escobuildersinc.com/&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/

436: $1M From One Deal Using This Hidden Strategy

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 436: $1M From One Deal Using This Hidden Strategy

Sign up to save your podcasts

436: $1M From One Deal Using This Hidden Strategy

436: $1M From One Deal Using This Hidden Strategy

More shows like The DealMachine Real Estate Investing Podcast

BiggerPockets Real Estate Podcast

The Best Ever CRE Show

Rental Income Podcast With Dan Lane

Passive Real Estate Investing

Lifetime Cash Flow Through Real Estate Investing

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