The DealMachine Real Estate Investing Podcast

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

Episode Summary

David interviews Edmond Bondoc to reveal how he turned one property into $700K in equity using Seattle’s new ADU rules.

Episode Notes

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/