436: $1M From One Deal Using This Hidden Strategy

Eric Escobar breaks down how he built $1 million in equity from a single deal in Los Angeles using a hidden strategy that lets homeowners split lots and build new units on their land. He explains how he bought a $585K home, added three new units, and created a $2.5M property — all while running his own construction company and navigating city zoning hurdles. This episode shows how one overlooked opportunity can turn a single property into a million-dollar play. KEY TALKING POINTS: 0:00 - Intro 0:23 - Eric Escobar’s Business & SB9 Deals 4:02 - Other Senate Bills & Why You Should Actually Read Them 5:41 - What SB9 Applies To & Numbers From A Deal 8:53 - Working With The City 11:33 - What It Costs For A New Build In His Market 13:29 - When He Started His Construction Company 17:08 - His Real Estate Content & What He Wants To Do Next 19:52 - His Recommendations For David & Driving For Dollars 23:40 - Outro LINKS: Instagram: Eric Escobar https://www.instagram.com/ericpaulescobar/ Facebook: Esco Builders Inc. https://escobuildersinc.com/ 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/