10 Real Estate Business Success Stories [2022]

10 Real Estate Business Success Stories [2022]
Start A Real Estate Business

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.

Here are some real life success stories of starting a real estate business:

1. T. C. Lewis & Co. Real Estate ($6M/year)

T. Cory Lewis (from North Carolina, USA) started T. C. Lewis & Co. Real Estate about 17 years ago.

Revenue
$500K / month
Team
2 founders / 36 employees
Location
North Carolina, USA

Case Study

My name is Cory Lewis, and my company is called T. C. Lewis & Co. We are a real estate investment and management firm operating mainly in the Appalachian mountain region of the Southeastern United States. We are a licensed real estate brokerage in multiple states, and that allows us to identify, project, negotiate, and broker deals for our clients for commercial and investment properties. Following the acquisition, we manage the performance of the investment and/or the improvements to the investment through our Property Management and Construction Divisions. We now represent clients from all over the world investing in the Appalachians.

We now have a small corporate office in downtown Asheville, North Carolina supporting regional offices around the Appalachians. The firm has been named to Inc. magazine’s list of the Fastest Growing Privately Held Companies in America (no. 128), seventh fastest growing real estate company in America, named to the Financial Times inaugural 1000 Fastest Growing Businesses in the Americas list, named Best of Property Management for eight years running, named Community Supporter of the Year, been given the Tennessee Small Business Excellence Award, named Builder of the Year, named One of the 10 Best Brokers in Tennessee, and various other recognitions.

how-i-started-a-500k-month-real-estate-investment-business

2. Vesta Preferred Realty ($4.2M/year)

Grigory Pekarsky (from Chicago, Illinois, USA) started Vesta Preferred Realty about 13 years ago.

Revenue
$350K / month
Team
2 founders / 2 employees
Location
Chicago, Illinois, USA

Case Study

My name is Grigory Pekarsky and I own a residential real estate company called Vesta Preferred.

We consistently grow at a 20% pace and this year we are on pace to write 1000 new leases and sell over $120m in real estate.

3. The Rockville Real Estate Exchange ($180K/year)

Andrew Detweiler (from Rockville, Maryland, USA) started The Rockville Real Estate Exchange almost 7 years ago.

Revenue
$15K / month
Team
1 founders / 1 employees

Case Study

My name is Andy Detweiler and I’m the founder of The Rockville Real Estate Exchange in Rockville, Maryland.

I’ve built up to about $200K per year in revenue myself and am now starting to expand while turning my front-end into a completely proprietary technology product and platform.

how-i-started-a-200k-real-estate-brokerage-business

4. Stacked ($720K/year)

Druce (from Singapore) started Stacked almost 6 years ago.

Revenue
$60K / month
Team
5 founders / 10 employees

Case Study

Hi, I’m Druce and I’m one of the co-founders of Stacked. We are primarily a real estate media company with a focus on helping buyers and sellers in Singapore through our editorials, content, and videos.

Today, we have expanded into video content as well - more specifically, content on YouTube. We are quite excited by the progress so far. We’ve managed to grow the channel from 0 to 17k subscribers in 3 months. It definitely wasn’t easy at the beginning, as the growth was quite slow. But video is a very rewarding thing as well. From planning to shooting and seeing the whole thing come to life is fantastic. Of course, the best part about it is often seeing the comments and how receptive people have been to the content we’ve been putting out.

how-i-started-a-60k-month-media-company-focused-on-the-real-estate-market

5. The Farm Soho ($3.6M/year)

Lucas Seyhun (from New York, New York, USA) started The Farm Soho over 8 years ago.

Revenue
$300K / month
Team
1 founders / 15 employees

Case Study

I’m Lucas Seyhun. I’m the founder of one of the earliest New York City coworking spaces, The Farm Soho, established in 2014. Unlike most of our competitors (don’t want to give any names), we adopted the affordable workspace model which became our fuel both before and during the pandemic.

Now we cater to all these as well as established businesses discovering the agility and cost-effectiveness of flexible office space rental as opposed to conventional long leases; and also to event organizers in need of unique spaces backed up by expert support.

i-created-an-airbnb-for-startups-in-nyc-make-3-6m-year

6. Momentum Property Solutions ($60K/year)

Jordan Fulmer (from Huntsville, AL) started Momentum Property Solutions over 4 years ago.

Revenue
$5K / month
Team
2 founders / 1 employees

Case Study

My name is Jordan Fulmer, and my wife Melissa and I founded Momentum Property Solutions, a real estate investing company in Huntsville, AL. Our primary focus is on buying houses from homeowners in challenging situations.

We make about $2,000 per month in cash flow from our rental properties, but we also receive chunks of capital along the way from selling properties. Due to our increased marketing efforts, we are averaging a deal every month at this point, which is a considerable improvement from when we started!

from-mechanical-engineers-to-making-160k-year-flipping-houses

7. Adventures in Mobile Homes ($120K/year)

Rachel Hernandez (from San Antonio) started Adventures in Mobile Homes over 15 years ago.

Revenue
$10K / month
Team
1 founders / 1 employees

Case Study

My name is Rachel Hernandez and I’m the founder of Adventures in Mobile Homes. I started the website to share my stories and experiences in mobile home investing.

As a sub-niche within real estate investing, there’s less competition in mobile home investing as compared to other asset classes in real estate. Overall, it has been a very profitable and rewarding business.

from-burnt-out-landlord-to-real-estate-investor-how-i-sold-my-portfolio-and-invested-in-mobile-homes-120k-year

8. Master Passive Income ($5.16M/year)

$15,000 a month for 30 minutes of work? The passive income dream is real for Dustin Heiner. Dustin achieved this by following a systematic approach to buying homes and renting them out. He started with his first property back in 2006. Within 6 years he had 19 properties, and within 9 years he had…

Dustin Heiner (from Phoenix, Arizona, USA) started Master Passive Income over 8 years ago.

Revenue
$430K / month
Team
1 founders / 26 employees

Case Study
  • Dustin Heiner founded Master Passive Income, a blog, and podcast about investing in real estate rental properties.
  • Master Passive Income is dedicated to assisting you in building your business by providing tips on how to succeed in buying rental properties.
  • He began in 2006 with his first property. Within 6 years he had 19 properties, and within 9 years he had 26 properties. In addition, he retired from his day job at the age of 37.
  • Dustin assists many real estate investing students in creating an automated business by offering books, online courses, and one-on-one coaching. that generates monthly income so they can quit their jobs and live the life of their dreams.

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Read the full story on sidehustlenation.com ➜

9. Open Door Capital ($18M/year)

Brandon Turner (from Kihei, HI) started Open Door Capital almost 4 years ago.

Revenue
$1.5M / month
Team
1 founders / 23 employees

Case Study

I’ve been called many things in life - “window kid” (don’t ask…), Sasquatch (for obvious reasons), “the world’s most handsome man” (thanks Mom!), but “entrepreneur” was never on the list.

True, real estate might be a little boring. However, as I hope to convince you in the paragraphs that follow, this little investment firm is not what you might think, and more importantly, it’s something YOU can do as well.

how-i-bring-in-30m-year-investing-in-mobile-home-parks

10. Afford Anything ($126K/year)

Think you can’t invest in real estate because you love to travel? Think again. Here’s how one traveler renovates, manages and rents her investment property.

Paula Pant (from New York, NY, USA) started Afford Anything almost 12 years ago.

Revenue
$10.5K / month
Team
2 founders / 14 employees

Case Study
  • Paula quit her job in 2008 and went backpacking around Asia and Australia for the next two years.
  • When she returned to the US in 2010 she wanted to do something independently and chose a career as a self-employed writer which brought her a six-figure income.
  • She used this money to buy a three-unit house and put two of the units on rent.
  • Paula saved money and kept investing in real estate for the next few years.
  • Now, she lives her life, and travels the world while her real estate properties are earning money for her.

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Get the full podcast on thefishow.com ➜

Pat Walls,  Founder of Starter Story
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