Dropping Bombs

Distressed Properties: The Secret to Smart Real Estate Gains

Jan 8, 2026
Logan Fullmer, a Texas-based real estate entrepreneur, shares his inspiring journey from heroin addiction to building a $50M empire in distressed property acquisition. He reveals strategies for navigating legal challenges, skip tracing owners, and structuring creative deals that withstand market fluctuations. Logan emphasizes the importance of curative title work and offers insights on finding lucrative leads in tax delinquency. His DPA Summit trains aspiring investors to succeed, turning chaos into consistent profits in real estate.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

From RV Lots To $125K Sale

  • Logan bought $5k–$10k vacant lots while living in an RV and resold one after clearing title for $125k.
  • That first messy title fix convinced him the model could scale into bigger wins.
ADVICE

Master The Full DPA Playbook

  • Learn lead sourcing, skip tracing, seller scripts, and bespoke offer structures to close fast.
  • Use attorneys and retired investigators to handle state law and hard-to-find owners effectively.
INSIGHT

Simple Valuation, Big Margins

  • Valuing distressed property simply at tax value or Zillow and offering ~10% gives huge margin if you can cure title.
  • Buying low cushions legal and operational mistakes while enabling outsized returns.
Get the Snipd Podcast app to discover more snips from this episode
Get the app