Distressed Properties: The Secret to Smart Real Estate Gains

Dropping Bombs

Brad Lea

Business, Entrepreneurship

4.8 • 2.3K Ratings

🗓️ 8 January 2026

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode was sponsored by ARP

LightSpeed VT: https://www.lightspeedvt.com/

Dropping Bombs Podcast: https://www.droppingbombs.com/

In this explosive Dropping Bombs episode, Texas-based real estate entrepreneur Logan Fullmer reveals the distressed property acquisition strategy minting millionaires—while traditional flippers go broke. He shares his raw journey from heroin addiction and burning seven figures to building a $50M+ empire tackling the deals others run from.

Logan breaks down skip tracing owners, negotiating massive liens down, and using creative legal plays to close fast. He explains why this model thrives in any market, turning chaos into consistent wins—and how his DPA Summit delivers hands-on training to get you started.

Whether you're a struggling flipper, realtor, or ambitious entrepreneur, this conversation is your golden ticket to recession-proof wealth.

🔗 Connect with Logan Fullmer

Event Link: https://event.dpasummit.com/2026-322395?am_id=BL

Instagram: https://www.instagram.com/logan_fullmer

YouTube: https://www.youtube.com/@loganfullmer

TikTok: https://www.tiktok.com/@loganfullmer_

Website: https://www.loganfullmer.com

Watch the full-length video version of any Dropping Bombs episode here on YouTube.

Brad Lea is a self-made entrepreneur who turned small-town grit into a multi-million-dollar empire. With over 25 years dominating sales and leadership, he's mentored thousands to outsmart, outwork, and out win their competition. His top-rated podcast, Dropping Bombs, brings raw, game-changing insights from the biggest names in business.

LightSpeed VT is Brad's brainchild—the world's leading interactive training platform. It's built to make your team sharper, faster, and more effective, without wasting time or money. Whether you're a startup or a Fortune 500, LightSpeed VT is how you scale success and dominate your industry. Curious? Check it out:

https://www.lightspeedvt.com/

Brad's also behind Closer School, the go-to program for mastering sales and closing deals like a pro. Want to 10x your income? This is where you start. His book, The Hard Way, lays out the brutal, honest lessons he learned building his empire—your blueprint to winning the game. Get it here: https://bradlea.com/product/the-hard-way/

This isn't just a video. It's a wake-up call. Watch it. Share it. Act on it.

Closer School: https://www.closerschool.com/cs

Transcript

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0:00.0	I burned through nearly seven figures, getting high, doing dumb stuff.
0:03.3	So I find these five, $10,000 vacant lots, and then went and resold it for $125.
0:06.8	I'll take the tax value or Zillow, and I'll offer a tenth of that maybe.
0:09.8	90% of the time, they just say, sure, I'll take it.
0:12.3	People take it.
0:13.3	You can't, yeah, you can't buy land at 10 cents on the dollar and screw up.
0:16.8	People come in and bam, make himself a quick half meal. In one year or less.
0:21.2	We got a housewife that came through. She's making $400,000 after about six months. Another guy, within his first nine months, did $1.6 million. My program manager at my office never bought a house except for her own. She offered him 60. He took it, cleaned the place out, haul the trash out, no remodeling, and resold it for $170,000. These people are getting rich.
0:37.2	They're making a ton of money.
0:38.1	And is there, like, unlimited?
0:39.8	Like, there's enough for everybody.
0:41.3	Yeah. out, no remodeling, and resold it for $170,000. These people are getting rich. They're making a ton of money.
0:38.1	And is there, like, unlimited? Like, there's enough for everybody. Yeah. I was doing this for my RV. I was living in an RV in the oil field tracking down these properties. I was working 60, 70 hours a week. If I could do it on the nights and weekends, I don't know what the excuses. A couple years ago, we did 40 in revenue.
0:52.6	40 mill.
0:53.2	House flippers, wholesalers, land flippers,
0:55.5	everybody that's in those part,
0:56.8	that mid-cap real estate stuff, 95% of them are struggling so bad. And our business is growing, like no one's done this before. Like this. Before I did this, this was not a thing. I got success stories that you can't deny. Dude, I gotta get on this quick. What's the most you made in one year?
1:16.2	What it is, Brad Lee back again with another episode of dropping bombs today in the studio, folks.
1:21.5	I got a real treat for you. If you're driving your car walking on a treadmill, stop and pay attention,
1:26.9	especially if you like to make money if
1:28.3	you've been looking for your break if you've been looking for a way to get what i would say rich
1:33.2	is logan fulmer in the house what's up logan brad's good to be here today hey and let me just mention
	...

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