Disruptors How to Buy Properties Penny to the Dollar
Logan Fullmer of Asset Resolution Partners reveals how to buy properties penny to the dollar. Tune in for expert tips on maximizing your real estate investments and uncovering hidden opportunities in the market.
How to Buy Properties Penny to the Dollar | Video Replay
How to Buy Properties Penny to the Dollar
How to Buy Properties Penny to the Dollar
Logan Fullmer | Asset Resolution Partners
Over the last ten years, Logan Fullmer has run a successful real estate business that began with buying foreclosures and flipping single-family homes. During his real estate career, he’s built houses, refurbished commercial buildings, entitled, and subdivided development land, and became a self-taught curative title / distressed acquisition expert while annually participating in several hundred real estate transactions. Today he runs an office of 20 that flips and rents commercial real estate, flips and develops ranch land, and wholesale property, and invests in various non-real estate-related businesses ripe for turnarounds. Logan is forty-two years old, a husband and father of four who lives and offices out of San Antonio, Texas.
As the real estate market shifts in 2024, his company has doubled down on its core competency of both buying curative title project assets at about twenty to fifty cents on the dollar and trading and leasing commercial cashflow property. The distressed acquisition / curative title projects are likely one of the most overlooked and interesting in the business as they are the deals with zero competition because few people understand how to make the work, but they are worth the effort because they cost as little as twenty cents on the dollar. “Making money when you buy” has been the cornerstone of Logan’s investing thesis.
Logan began in 2013 as a solo house flipper and foreclosure buyer netting $250k annually, and after being laid off from the oil and gas business in 2015 he went full-time real estate. From 2015 the business has changed considerably, his current day office includes 20 headcounts, an in-house attorney, and transactions that collectively gross $40M of revenue on $5-8M of EBIDTA. This year EBIDTA will change radically because of two land development deals that should exit as that business line develops.
Logan believes that business lines don’t have to be complicated or overstaffed. They do need to be led and staffed with very high quality and big work ethics. For example, one business line is a purely distressed property acquisition line that employs three people, does sixty annual transactions, and nets $3-4M alone. A second example is a newer land development business line including ownership of just a few partners, a single lead generation role, a single fee-based land developer, and its pipeline has three deals under development that should all exit in 2024 -2025 for $60-70M of revenue and possibly $25-30M of net profit.
April 6, 2024 | Full-day workshop in Dallas Texas on Distressed Property Acquisition.
https://www.facebook.com/logan.b.fullmer
@logan_fullmer
How to Buy Properties Penny to the Dollar
Get 10% OFF on InvestorLift.
Use promo code DISRUPTORS.
Earn MORE in wholesaling—FAST! https://get.investorlift.com/disruptors/
Subscribe to Our YouTube Channel
Share this with someone who would value this information.
👉 for more excellent free content!
Schedule a free call with our Millionaire Advocates to discuss your situation and receive personalized advice.
Get Connected https://tap.bio/@stevetrang
Follow Us on
iTunes/Apple Podcast and Leave a ⭐️⭐️⭐️⭐️⭐️ Review
Real Estate Disruptors https://podcasts.apple.com/ph/podcast/real-estate-disruptors/id1386400008
Spotify
https://open.spotify.com/show/7G54paZF7C28VF6l2hLCvl?si=cxHATrYLQ6Ws7kgtWonuXQ
https://open.spotify.com/show/7G54paZF7C28VF6l2hLCvl?si=MS-x88vlRNiidB8NpV_2cw
Take Your Sales Team To The Next Level! Learn more about our Sales Training, Workshop, and Mentorship!
Text LEADERS to 33777
Disruptors Sales Leadership Training 2.0 + Culture + Leadership + Processes
Disruptors Sales Masterclass
Create a Recession-Proof Business That Thrives in any Market Condition
https://www.disruptors.com/salesdisruptors☎️
Join our Sales Community NOW!
https://www.salesdisruptors.com/
Struggling? We’re here to help. Schedule a call with us!
Want to Work with Us? We’re looking for people who want to invest in real estate. If this is you, go to www.teamwithsteve.com.
LOOKING FOR A NEW CAREER? DISRUPTORS IS HIRING!
Want to work with us? https://www.disruptorsjobs.com/
Get 10% OFF on InvestorLift.
Use promo code DISRUPTORS.
Earn MORE in wholesaling—FAST! https://get.investorlift.com/disruptors/
Helpful Links
Buy our Perfect Seller Appointment Checklist. https://www.disruptors.com/checklist
Want to close more deals without spending any more money? Go to 👉https://www.disruptors.com.
Please give us a follow on
Instagram: https://www.instagram.com/steve.trang
TikTok: https://www.tiktok.com/@stevetrang
Facebook: https://www.facebook.com/stevetrang
Twitter: https://www.twitter.com/stevetrang
Visit: https://web.disruptors.com/erc
steve@closemoresales.com
Text me at 480-637-2313
Real Estate Resources
Please find out more about wholesaling by joining our movement at https://l9aljqz8k7.wpdns.site.
Join Our Private FB Group. https://www.facebook.com/groups/realestatedisruptors/
Real Estate Resources: https://www.disruptors.com/tools
About Steve Trang
Steve Trang (https://www.stevetrang.com) is the founder of Real Estate Disruptors. He started his podcast in the middle of 2018 to inspire wholesalers and real estate agents to double their incomes by adding a 2nd leg to their business. The podcast has grown to tens of thousands of followers, with new community members sharing their success stories every week.
Steve’s legacy will be to create 100 Millionaires. One of his favorite quotes is from the great Zig Ziglar: “You can have everything in life you want if you will just help enough other people get what they want.” He heard this quote when he first got into real estate, and it has stuck with him throughout his entire career. It’s essentially one of the core values Steve lives by.
How to Buy Properties Penny to the Dollar
The post How to Buy Properties Penny to the Dollar appeared first on Real Estate Disruptors.