Real Estate Business

Business Idea: Start A Real Estate Business in 2024

Updated: July 7th, 2024

Avg Monthly Revenue
$272K
Avg Startup Costs
$11.7K
Score
81
Market Size
Avg Revenue
Min Revenue
$1.5K/month
Max Revenue
$1.5M/month
Avg Days To Build
180 days

Are you a qualified architect with a broad range of knowledge in the real estate field? Starting a real estate business can be a profitable venture.

Real estate involves purchasing, selling, managing, or investing in land and buildings.

To become a successful real estate business owner, you must have finely honed visual awareness and a strong understanding of various building materials and structures.

Revenue & Profitability

How much do real estate businesses make?

Startup Costs

How much does it cost to start a real estate business?

  • It can cost as low as $16 to start a real estate business.
  • It can cost as high as $2,000,000 to start a real estate business.

Learn more about the costs of a real estate business.

Examples Of Successful Real Estate Businesses

Successful real estate business businesses and case studies

Entrepreneur Brandon Turner explains how he started a real estate investment company, Open Door Capital, which now manages over 5,000 rental units, bringing in $30,000,000 per year in revenue while only working a few hours a week, and aims to cross $1,000,000,000 in real estate by the end of the year.

$1.5M Monthly Revenue
$30K Startup Costs
Read by 6,078 founders

This case study is about T. C. Lewis & Co, a real estate investment and management firm that successfully diversified their approach to include sales, development, remodeling, and construction, with property management being the key to investor doors and organic growth.

$500K Monthly Revenue
Read by 11,841 founders

See full list of successful real estate businesses.