7 Real Estate Information Business Success Stories [2024]

Updated: November 19th, 2023
Start A Real Estate Information Business

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

1. PropertyData ($1.54M/year)

Michael Dent, founder of PropertyData, came up with the idea for his business when he realized the manual and error-prone process of analyzing property data for potential investments. He saw an opportunity to automate this analysis, making it faster and more accurate for property investors. Today, PropertyData generates $128,000 per month in recurring revenue.

How much they make: $1.54M/year
How much did it cost to start: $68K
Current team size: 1

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I Built $1.54M/Year Tool That Finds The Best Investment Properties [From UK]

Founder of PropertyData creates a subscription website for UK property investors and developers that is now making $128,000 per month in recurring revenue.

About
Michael started PropertyData almost 7 years ago
Revenue
Michael grew the business to $128K/month
Costs
It cost Michael $68000 to start the business
Read by 4,812 founders

2. Perch ($960K/year)

Alex Leduc, the Founder and CEO of Perch, came up with the idea for his real estate tech company after seeing how broken and inefficient the mortgage and real estate industry was during his time in the financial sector. He wanted to create a platform that would provide users with in-depth insights and personalized guidance throughout the homebuying process, allowing them to make more informed decisions. After testing and refining his MVP through feedback from friends, family, and strangers, Alex was able to launch Perch with a total startup cost of around $55,000 and has since raised $1 million in seed round funding.

How much they make: $960K/year
How much did it cost to start: $80K
Current team size: 20

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My Proptech Startup Makes $960K/Year Helping People Save Money On Their Mortgage

Toronto-based real estate tech company, Perch, offers a free analytics platform with personalized insights for homebuyers and homeowners, and has saved its users an average of $1,500 per year on their mortgage, with a 174% referral rate, and has raised $1m in seed round funding.

About
Alex started Perch almost 6 years ago
Revenue
Alex grew the business to $80K/month
Costs
It cost Alex $80000 to start the business
Read by 3,491 founders

So... can you actually make money with a real estate information business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

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

How much they make: $5.16M/year
Current team size: 26

article

Retiring Early with Real Estate: $15k a Month in Passive Cash Flow

Learn how Dustin Heiner retired at 37 by buying 26 rental properties within 9 years, and discover Master Passive Income's tips for building an automated business through real estate investing.

About
Dustin started Master Passive Income almost 10 years ago
Revenue
Dustin grew the business to $430K/month
Read by 543 founders

So... can you actually make money with a real estate information business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Radius Agent ($2.4M/year)

How much they make: $2.4M/year
Current team size:

article

The Next Redfin? Real Estate Broker SaaS hits $2.4m Revenue, $50m Valuation

Radius Agent secures $13.1 million in Series A funding to accelerate expansion plans and reach a 5X growth rate, helping real estate agents succeed through providing the appropriate tools to market and brand themselves with the use of technology.

About
Biju started Radius Agent about 9 years ago
Revenue
Biju grew the business to $200K/month
Read by 579 founders