In this episode, David Lecko sits down with Edmond Bondoc to uncover how he built nearly $700,000 in equity on a single property by leveraging Seattle’s ADU laws. Edmond reveals the exact financing, design, and condo-ization strategy he used to add both an attached and detached ADU to one lot—turning a half-finished fixer into a wealth-building machine. KEY TALKING POINTS:00:00 - Intro00:58 - Overview of Edmond’s Business04:00 - Breaking Down His Property With 2 ADUs08:47 - Financing for the ADUs12:42 - The Specs of the ADUs14:48 - Why One Detached and One Attached16:25 - Next Steps18:15 - Pre Real Estate21:56 - Pulling Equity Out & Using HELOCs23:56 - What Edmond Does For Fun24:28 - The Springboard Event25:15 - How to Contact Edmond25:32 - 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/

In this episode, David Lecko sits down with Edmond Bondoc to uncover how he built nearly $700,000 in equity on a single property by leveraging Seattle’s ADU laws. Edmond reveals the exact financing, design, and condo-ization strategy he used to add both an attached and detached ADU to one lot—turning a half-finished fixer into a wealth-building machine. KEY TALKING POINTS: 00:00 - Intro 00:58 - Overview of Edmond’s Business 04:00 - Breaking Down His Property With 2 ADUs 08:47 - Financing for the ADUs 12:42 - The Specs of the ADUs 14:48 - Why One Detached and One Attached 16:25 - Next Steps 18:15 - Pre Real Estate 21:56 - Pulling Equity Out & Using HELOCs 23:56 - What Edmond Does For Fun 24:28 - The Springboard Event 25:15 - How to Contact Edmond 25:32 - 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/

In this episode, David Lecko sits down with Edmond Bondoc to uncover how he built nearly $700,000 in equity on a single property by leveraging Seattle’s ADU laws. Edmond reveals the exact financing, design, and condo-ization strategy he used to add both an attached and detached ADU to one lot—turning a half-finished fixer into a wealth-building machine.&nbsp;KEY TALKING POINTS:00:00 - Intro00:58 - Overview of Edmond’s Business04:00 - Breaking Down His Property With 2 ADUs08:47 - Financing for the ADUs12:42 - The Specs of the ADUs14:48 - Why One Detached and One Attached16:25 - Next Steps18:15 - Pre Real Estate21:56 - Pulling Equity Out &amp; Using HELOCs23:56 - What Edmond Does For Fun24:28 - The Springboard Event25:15 - How to Contact Edmond25:32 - 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/

443: How He Leveraged ADUs to Build $700K Equity in ONE DEAL

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

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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

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443: How He Leveraged ADUs to Build $700K Equity in ONE DEAL

443: How He Leveraged ADUs to Build $700K Equity in ONE DEAL

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