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28 Profitable Real Estate Business Ideas You Can Start In 2020

From becoming a landlord, to starting a realty busienss, we put together 28 potential business ideas you can build around the real estate industry!

Check out the list.

1. Residential real estate. ($350K/mo)

Grigory Pekarsky started Vesta Preferred Realty, a Residential real estate. business. They are now doing $350,000/month.

  • Location: Chicago, Illinois, USA
  • Revenue: $350,000/ month
  • Started: about 11 years ago
  • Founders: 2
  • Employees: 2

I stumbled into real estate. There is no personal history with real estate in my family or in anything I got into as a young kid trying to find my way.

I realized my real competitive edge was that I always picked up the phone, showed up every day and just did the work. Everyone always thinks there is some secret the most successful real estate agents keep to themselves.

My studies were actually centered in Veterinary Medicine at Michigan State University (Go Green!). By Junior year it became apparent to me that I love animals but not so much the idea of being a Vet. So I did a 180 degree turn and finished with a Finance Major.

how-i-became-a-real-estate-agent-and-started-my-own-firm

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Grigory Pekarsky, on starting Vesta Preferred Realty ($350,000/month) full story ➜

2. Airbnb concierge ($35K/mo)

Gary Fox started Host Butlers, a Airbnb concierge business. They are now doing $35,000/month.

  • Location: Dublin, Ireland
  • Revenue: $35,000/ month
  • Started: about 5 years ago
  • Founders: 1
  • Employees: 4

I’ve been starting businesses since I was 15. During school, I worked part-time in a mobile phone store and learned how to fix phones. During the weekends, I started my own market stall and advertised online to fix phones, replace screens, and started to earn cash that way. During college, I scaled up this business to a physical location at the University I was attending here in Ireland. I approached the college and rented an office space from them and opened my first store!

I was terrified of running out of money and for the first 18 months, I ran the company entirely on my own. I remember one particular day where I met 18 different guests at 18 different locations across the city.

Between classes, I would work in the store and when I was in class, I hired classmates and friends to work for me. Looking back now, it was an incredibly fun time but I wish I hadn’t reinvested so much money in the college bar!

how-i-bootstrapped-an-airbnb-management-service-to-35k-month

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Gary Fox, on starting Host Butlers ($35,000/month) full story ➜

3. Household moving ($115K/mo)

Max Maher started Skinny Wimp Moving, a Household moving business. They are now doing $115,000/month.

  • Location: Chandler, Arizona, USA
  • Revenue: $115,000/ month
  • Started: almost 5 years ago
  • Founders: 2
  • Employees: 40

I didn’t exactly come up with the initial idea for this company because this is a franchise which means for me that I license out the name “Skinny Wimp Moving”. However, because it was the first franchise location I was able to be in a prime decision-making seat and guinea pig for all ideas enabling me to test out theories on marketing and customer service which have no become standard across the brand.

Put yourself out there and ask for their business. Sure be conscious that you may get rejected but don’t be afraid to ask more than once. It won’t work every time but it will work 100% more than not trying at all.

We realized people simply don’t want a moving company that sucks. So we asked ourselves what can we do to make the stressful experience of moving suck a little less and the answers we came up with and stuck to were very common sense:

how-i-started-a-1m-year-moving-company-at-19-years-old

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Max Maher, on starting Skinny Wimp Moving ($115,000/month) full story ➜

4. Residential cleaning services ($600K/mo)

Ron Holt started Two Maids & A Mop, a Residential cleaning services business. They are now doing $600,000/month.

  • Location: Birmingham, Alabama, USA
  • Revenue: $600,000/ month
  • Started: over 17 years ago
  • Founders: 1
  • Employees: 500

I can still remember my first day on the job. I had just been hired as a Chemist for a particle analysis laboratory.

The job made a lot of sense at the time. I had recently graduated college with a Biology degree, and there’s only so many careers the degree can take you. So I took the first job offer that was presented to me and proudly bragged about my $22,500 annual salary. It seemed like so much money at the time, and I just knew that I was going to climb the corporate ladder quickly.

The true secret to my success has been to simply outwork and outpassion everyone in my path, every single day for nearly twenty-five years

how-warren-buffett-inspired-my-lifelong-journey-creating-a-25m-cleaning-empire

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Ron Holt, on starting Two Maids & A Mop ($600,000/month) full story ➜

5. Start an online courses business ($1.45M/year)

Examples of a successful online courses business:

Here are some great videos on how to get started with a online courses business:

For further info, check out these books and products:

Check out all of our online courses business case studies ➜

And for some real world inspiration, give Lidiya Kesarovska's story on creating Let's Reach Success a read:

I’m Lidiya, a full-time blogger, course creator, and the founder of Let’s Reach Success. With the content I publish on the blog and the courses I create, I help people start a side hustle and earn passive income so they can pay off debt, quit their job and live their best life.

My signature program - Financial Freedom Through Blogging - is the formula for starting a blog, growing it to 100K page views and $5,000/month, and living life on your terms. Inside it, you’ll find answers to all your questions about becoming a full-time blogger, behind-the-scenes content, real ways to make money and build blog traffic, a ton of video tutorials, how-to guides, and bonuses.

how-i-created-a-5k-month-online-course-about-blogging

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Lidiya Kesarovska, on starting Let's Reach Success ($5,000/month) full story ➜

6. Become a landlord

Examples of a successful landlord:

Here are some great videos on how to get started with a landlord:

For further info, check out these books and products:

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7. Start a property flipping business

Examples of a successful property flipping business:

Here are some great videos on how to get started with a property flipping business:

For further info, check out these books and products:

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8. Become a property manager

Examples of a successful property manager:

Here are some great videos on how to get started with a property manager:

For further info, check out these books and products:

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9. Become a real estate bird dog

Examples of a successful real estate bird dog:

Here are some great videos on how to get started with a real estate bird dog:

For further info, check out these books and products:

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10. Start a real estate appraisal service

Examples of a successful real estate appraisal service:

Here are some great videos on how to get started with a real estate appraisal service:

For further info, check out these books and products:

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11. Become a real estate photographer

Examples of a successful real estate photographer:

Here are some great videos on how to get started with a real estate photographer:

For further info, check out these books and products:

article

12. Start a construction company

Examples of a successful construction company:

Here are some great videos on how to get started with a construction company:

For further info, check out these books and products:

article

13. Become a real estate broker

Examples of a successful real estate broker:

Here are some great videos on how to get started with a real estate broker:

For further info, check out these books and products:

article

14. Become a real estate investor

Examples of a successful real estate investor:

Here are some great videos on how to get started with a real estate investor:

For further info, check out these books and products:

article

15. Start a real estate investment club ($7.2M/year)

Examples of a successful real estate investment club:

Here are some great videos on how to get started with a real estate investment club:

For further info, check out these books and products:

article

16. Start a real estate marketing agency

Examples of a successful real estate marketing agency:

Here are some great videos on how to get started with a real estate marketing agency:

For further info, check out these books and products:

article

17. Start a real estate blog

Examples of a successful real estate blog:

Here are some great videos on how to get started with a real estate blog:

For further info, check out these books and products:

article

18. Become an app developer ($607K/year)

Examples of a successful app developer:

For further info, check out these books and products:

Check out all of our app developer case studies ➜

And for some real world inspiration, give Andrew Askins's story on creating Krit a read:

Hi, I’m Andrew 👋I like to joke that I’m a jack of all trades and master of pun…

  • An attorney take her legal tech startup from $0 to $1M in Annual Run Rate.
  • A 71-year-old financial consultant build his first tech company and close customers like Yale, Brown, NYU, and Dartmouth.
  • A doctor in Texas launch the first HIPAA compliant text messaging service.
  • A photo booth startup build tools that are used by Amazon, Uber, Red Bull, NBC, the NFL and more.

how-i-started-a-69k-month-software-agency-after-a-failed-product-launch

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Andrew Askins, on starting Krit ($69,000/month) full story ➜

19. Become an airbnb host

Examples of a successful airbnb host:

Here are some great videos on how to get started with a airbnb host:

For further info, check out these books and products:

article

20. Start a real estate podcast

Examples of a successful real estate podcast:

Here are some great videos on how to get started with a real estate podcast:

For further info, check out these books and products:

article

21. Start a real estate inspections business

Examples of a successful real estate inspections business:

Here are some great videos on how to get started with a real estate inspections business:

For further info, check out these books and products:

article

22. Start a home staging service

Examples of a successful home staging service:

Here are some great videos on how to get started with a home staging service:

For further info, check out these books and products:

article

23. Start a home repair services business

Examples of a successful home repair services business:

Here are some great videos on how to get started with a home repair services business:

For further info, check out these books and products:

article

24. Start a landscaping business

Examples of a successful landscaping business:

Here are some great videos on how to get started with a landscaping business:

For further info, check out these books and products:

article

25. Become a real estate developer

Examples of a successful real estate developer:

Here are some great videos on how to get started with a real estate developer:

For further info, check out these books and products:

article

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Starter Story,   Founder of Starter Story

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