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.
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ADVICE

Search Public Records First

  • Use data: drive neighborhoods, check deed records, dockets and delinquent tax lists to find leads quickly.
  • Delinquent taxes and court dockets are high-quality red flags for title problems and equity.
INSIGHT

Recession-Proof By Low Basis

  • The distressed model performs well in downturns since inventory moves fast at low prices and you can lower listing price to adapt.
  • Flippers with high basis struggle; buying at far lower basis creates resilience across cycles.
ADVICE

Limit Downside With Low Entry

  • Start small: enter deals with low cash at risk so mistakes don't destroy you and margin can absorb hiccups.
  • Scale by reinvesting profits and partnering when you lack funding.
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