5 Real Estate Investment Firm Success Stories [2024]
Here are some real life success stories of starting a real estate investment firm:
1. Open Door Capital ($18M/year)
Brandon Turner, founder of Open Door Capital, came up with the idea of starting a real estate investment company after experiencing financial freedom through renting out properties at a young age. Inspired by the potential for passive income and property appreciation, he decided to focus on real estate instead of pursuing law school or selling kites online. Now, Open Door Capital has over 5,000 rental units and aims to make a billion-dollar profit from selling properties in the future.
How much they make: $18M/year
How much did it cost to start: $30K
Current team size: 23
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.
2. Adventures in Mobile Homes ($120K/year)
Rachel Hernandez, founder of Adventures in Mobile Homes, came up with the idea for her business after becoming burnt-out as a landlord and deciding to sell her real estate portfolio. She read a book on mobile home investing and was drawn to the idea of being the bank rather than a landlord. Her first sale was a 2 bedroom, 1 bath mobile home that she bought for $3,600 and sold for $10,000, receiving her initial investment back within the first year. Since then, Rachel has built a successful business with a steady stream of passive income and plans to expand by buying land and moving mobile homes onto it.
How much they make: $120K/year
How much did it cost to start: $3.6K
Current team size: 1
Adventures in Mobile Homes founder, Rachel Hernandez, shares her experience of mobile home investing which has led to around $500 cash flow per month for every deal she does and has allowed her to achieve $10,000 per month from the business.
Learn more about starting a real estate investment firm:
Where to start?
-> How much does it cost to start a real estate investment firm?
-> Pros and cons of a real estate investment firm
Need inspiration?
-> Examples of established real estate investment firm
-> Marketing ideas for a real estate investment firm
Other resources
3. Highline Real Estate Advisors ($300K/year)
Wayne Steinberg, founder of Highline Real Estate Advisors, came up with the idea for his business after merging his film distribution company into another firm. Leveraging his financial analysis skills, he transitioned into the entrepreneurial field of real estate. By providing tenant representation and utilizing new marketing techniques, he aims to become a name-brand commercial brokerage on Long Island, NY.
How much they make: $300K/year
How much did it cost to start: $0
Current team size: 1
Highline Real Estate Advisors is a startup commercial real estate brokerage firm making between $300,000 and $400,000 of revenue each year that uses new marketing techniques other brokers haven't adopted yet, and manages its business out of a private office suite with the founder taking home nearly 100% net income from his services.
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings