The DealMachine Real Estate Investing Podcast

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

Episode Summary

Edmond Bondoc reveals how one smart ADU strategy turned a fixer-upper into $700K in equity.

Episode Notes

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/