8 Real Estate Investor Success Stories [2024]
Here are some real life success stories of starting a real estate investor:
1. Momentum Property Solutions ($60K/year)
Jordan Fulmer and his wife Melissa, both mechanical engineers, were inspired to start their real estate investing company, Momentum Property Solutions, after a coworker left his engineering job to pursue entrepreneurship. They learned about creative financing strategies and focused on buying distressed properties, renovating them, and either selling or renting them. They now make $2,000 per month in rental income and are averaging one deal per month, thanks to their increased marketing efforts.
How much they make: $60K/year
How much did it cost to start: $25K
Current team size: 1
Real estate investing company Momentum Property Solutions, founded by Jordan Fulmer and Melissa, makes about $2,000 per month in rental income with chunks of capital from selling properties and averages one deal per month due to increased marketing efforts.
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.
So... can you actually make money with a real estate investor?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
3. 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.
4. Coach Carson ($498K/year)
How much they make: $498K/year
Current team size:
Real estate investor and business coach Chad Carson has built a successful real estate business in South Carolina, offers online coaching to aspiring investors, and has authored a bestseller book on retiring early with real estate.
So... can you actually make money with a real estate investor?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
5. Jake & Gino ($2.4M/year)
Gino Barbaro and Jake Stenziano co-founded Jake & Gino, a multifamily real estate education company, after meeting while working in the restaurant and pharmaceutical industries, respectively. They started by selling a book and micro-courses, but realized the need for coaching and in-person events to provide a higher level of service. They have since grown their company to include a community of successful investors and have set ambitious goals for the future.
How much they make: $2.4M/year
How much did it cost to start: $30K
Current team size: 10
Jake & Gino, a multifamily real estate education company founded in 2015, teaches people how to invest in apartments and become multifamily entrepreneurs, with over 125,000 monthly downloads on their podcasts and $4 billion in asset value closed by their students.
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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
