28 Real Estate Business Ideas You Can Start In 2022
From becoming a landlord to becoming a realtor, we put together 28 potential real estate and property business ideas you can start in 2022.
In this list you'll find tons of different types of real estate businesses, some you might never have thought of.
1. Start a real estate investment club ($7.2M/year)
Real estate investment clubs are a non-profit organization where investors join together to buy real estate properties and make joint investments. Real Investment clubs are created by individuals to bring investors, real estate industry experts, and real estate professionals together to network, learn, and do business. Many clubs focus on real estate crowdfunding, bringing people together for the sole purpose of pooling their money to buy a property.
There is no set number of people required to start a real estate investment club, groups can range from private partnerships to nationally accredited real estate investment associations called REIAs. These groups could include commercial or rental properties, crowdfunded real estate or single-family homes.
Real Estate Investment clubs can work on 2 models: free to join for all or charge an annual fee which would be less than few hundred dollars. Every Real Estate Investment clubs should offer knowledge about different investment practices, how to advertise a service or a business, networking with fellow professionals in the real estate industry etc.
To start a real estate club, you should consider the below points:
- Conduct market research and reach out to people who already have expertise in this field
- Attend meetings and find out how other clubs operate.
- Get familiarized with real estate laws and current market conditions.
- Once you decide your mission, start recruiting people and promoting your club
Investing in real estate can be a big step, hence it is always beneficial to form a partnership and find the best deal. Ideally, a club may charge between $50 to $150 per year. "
2. Become a real estate agent ($4.2M/year)
Real estate agents are professionals who assist clients in marketing and selling their properties. They also assist the buyers in purchasing properties. Their services include meeting clients, advising them about market conditions, providing guidance through the process of buying or selling properties.
The real estate industry has grown rapidly in the past few years and is likely to grow in the coming years as well. To become a real estate agent, you will need the below skills to perform the task efficiently:
- Administrative work: scheduling appointments, managing the property listing, creating legal documents and contracts
- Research: perform market analysis, search for properties
- Marketing: manage social media presence, run advertising campaigns
An average salary of a real estate agent is $50,000 in the US. Every state’s real estate licensing requirements are different. Based on the state's requirement, a real estate agent will need to pass the real estate license examination.
A real estate career can be financially rewarding. However, the work requires good management skills, organization skills, customer service, handling complex paperwork and socially promoting yourself.
The pros of becoming a real estate agent include earning extra commission from clients and also setting your own working hours.
3. Start an airbnb management company ($420K/year)
An Airbnb management company manages every aspect on behalf of an owner and manages a complete day-to-day running of a rental property.
The services offered by the AirBnB management company includes: marketing a property, optimize financing, meet and greet guests, repairs, maintenance and cleaning.
An Airbnb management company fee structure is generally based on commission, flat rate and guaranteed income.
AirBnB management companies can easily increase the Rental Income by a minimum 30% to 50% without compromising on the guest experiences.
To become an Airbnb property manager, one should be able to find homeowners who will be interested in the services offered by you. Airbnb property managers can make an average annual salary of $55,000 or $27 per hour."
4. Start a landscaping business ($13.2M/year)
A landscaping business is engaged in maintaining the lawns and gardens, trimming the trees and shrubs, and providing landscape maintenance and beautification services. Landscaping costs vary depending on the size and location.
An increased public interest in well-maintained outdoor spaces has increased the demand and value of landscaping businesses in the US.
For small jobs such as taking care of the lawn and trees, the cost can vary from $50 to $100 per hour. The average wage of a landscape designer is $70,000 to $90,000, and a landscape architect makes around $50,000 to $100,000 per year.
For basic maintenance and mowing services, a single person who runs a landscaping business can get started with as little as $5,000 or less. However, a proper landscaping business will require a large investment. The average start-up cost is between $15,000 to $20,000.
There are 2 types of landscaping business :
- Residential Landscaping Services
- Commercial Landscaping Services
Based on the niche, the types of services also vary. Once the type of service is decided, the list of tools and equipment can be purchased. The best way to succeed in a landscaping business is to provide quality service and deliver long-lasting beautiful landscapes, this will not only retain existing clients but also promote and attract new customers.
5. Start a home staging service
6. Start a property flipping business
Are you thinking about getting into the property flipping business?
Flipping houses (or homes) involves buyers purchasing distressed properties, fixing them up, and then reselling them for a good profit. The trick is to find a house that you can buy below market value and then turn around, sell it, and make money on it.
7. Start a real estate podcast
8. Start a moving company ($60K/month)
Max Maher started Skinny Wimp Moving, a moving company, over 6 years ago:
My name is Max Maher I am a serial entrepreneur, lifelong learner, and a founder of Skinny Wimp Moving!
I am now 23 years old and my locations average $115,000 a month in revenue with record monthly sales of $158,000.
Photo of me at 19 in my first moving truck.
9. Start a cleaning service ($302K/month)
A housecleaning side business is a beautiful idea for people who have free time on weekends or even weekdays. The side hustle idea requires little capital to start. During the launch, you can choose to offer the service to your neighbors and scale as you gain the experience. The average salary for a house cleaner is $17.32 per hour.
Sal Polit-Moran started A+ Enterprises Junk Removal & Demolition, a junk removal business, almost 5 years ago:
My name is Sal Polit-Moran. I am 25 years old and am the founder & owner of A+ Enterprises Junk Removal & Demolition. We are a junk hauling & demolition service that specializes in cleaning out homes and demolishing small structures. We’re located in West Pittston, Pennsylvania and have been in business since August of 2017.
Primarily, our main customers are people who have recently purchased or inherited a home and need it fully cleaned out. We average approximately 90 jobs and $41,000 in revenue each month.
10. Become a landlord
11. Start a real estate blog
12. Start an online courses business ($122K/month)
Online course businesses are one of the fastest-growing online business models. Creating an online course is an awesome way to generate extra income because it allows you to monetize the knowledge you already have. More people are taking online courses every day, and the COVID pandemic has accelerated that, with some online learning platforms having seen 15-folds growth in the number of users.
Another advantage is that these new platforms are so easy to use for instructors that you don't have to worry at all about the tech side of the business. You just need to focus on creating exciting content that is informational & engaging at the same time.
Rasmus & Christian Mikkelsen (or Mikkelsen Twins) started Mikkelsen Twins, a online courses business, about 4 years ago:
We are Christian and Rasmus Mikkelsen, also known as the Mikkelsen Twins online. We run an online education company where we help people to build an online book publishing business. The reason why we teach what seems like a random/kinda weird online business model is because it’s what changed our lives almost 3 years ago and freed us from the life path we were heading down (were in the middle of a business degree in community college and there was absolutely no hope for a truly happy and fulfilled life if we had continued to take that path in life).
Fast forward to today, our company is making over 6-figures in profit every month which is almost unbelievable for two 24-year-old (ambitious) idiots with just a laptop, wifi connection and a small team.
13. Start a real estate appraisal service
14. Become a real estate photographer
15. Become a real estate bird dog
16. Become a property manager
Eugenio Ferrante started Casa Mia Coliving, a property manager, over 2 years ago:
We are Eugenio Ferrante and Ahmed Nizar, co-founders of Casa Mia Coliving.
Today, we have 150 bedrooms in central Singapore across popular neighborhoods such as River Valley, Tiong Bahru, and Orchard. We have reached an annualized revenue of $2.5M, and we’re growing fast!
17. Become a freelance app developer ($1.09M/year)
A freelance app developer is a programmer who creates apps for mobiles for both Android and iOS devices. Freelance app development business targets in creating a variety of apps that give a user-friendly experience.
Freelance app developers are majorly hired by firms which are small-scale in budget. A freelancer can offer a better professional product when compared to an app builder at a lesser cost of a professional development firm.
The demand of a quality app developer is increasing rapidly. Once you get a solid amount of projects in your resume, you will have ample opportunities to work as an app developer. A mobile app developer can earn up to $100,000 annually. On an average, a freelancer can charge from $60 - $90 an hour based on the requirement of the app.
To become a freelance app developer, you will first need to touch up on your skills. There are several courses available online. Once you obtain the certification, choose your niche and focus on your skillset.
Then the best way to showcase your work is to build a portfolio website where you will display your skills, projects and testimonials. Another way to promote yourself is create your own brand and start a blog. This will in turn build a network and you will be able to connect with people and attract more clients.
18. Start a real estate marketing agency
Haley Ingram started Coffee and Contracts, a digital subscription business, 8 months ago:
My name is Haley Ingram and I created Coffee and Contracts, the go-to marketing toolkit for real estate professionals.
I’m originally from Ocala, Florida; a small town in Central Florida. In 2018, I graduated from the University of Central Florida in Orlando with a degree in communications and conflict, a broad-enough field of study that I could apply to many career options. At the time, I was considering going into education or fundraising.
As a child, I loved art and selling things! I held art shows in my bedroom and made my family purchase my work (only for their pocket change). I once sold a painted rock to a passerby at a yard sale. In high school, I sold graphic design t-shirts as a fundraiser. They weren’t good, but my friends showed their support anyway!
19. Start a construction company ($350K/month)
Running a construction company can be very rewarding and require hard work, attention to detail, and a hustle mentality.
Construction companies are responsible for building/designing a variety of apartments, buildings, properties, housing, infrastructure, facilities & developments, motorways, roads, paths, pavement, and more.
Michael J Parnell started MPC Builders, a home building company, about 10 years ago:
My name is Michael Parnell, and I am the founder of MPC Builders. We provide general contracting services for custom home construction along the Jersey Shore, as well as commercial projects throughout NJ and the Philadelphia metro area.
We’re busier than ever because of this open book-building process, it’s unlike any of our competitors and our clients take notice, and become raving fans… and in turn, refer to their friends, and so forth…
20. 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:
Learn more about starting a real estate broker ➜
21. 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:
- How To Become A Millionaire Through Real Estate Investing (Newbies!)
- How To Get Started In Real Estate Investing: First Steps To Becoming A Real Estate Investor
For further info, check out these books and products:
- How To Invest In Real Estate: The Ultimate Beginner's Guide To Getting Started: Brandon Turner
- How To Be A Real Estate Investor: Phil Pustejovsky
Andy Zhao started Ark7, a real estate investor, almost 4 years ago:
Hello, I’m Andy Zhao, Ark7’s Founder & CEO. I have previously worked for Google, Uber, LinkedIn, and Twitter, with more than 10 years in the tech industry.
Currently, Ark7 has 7 properties located in Berkeley, Austin, and Seattle. Users can visit our website and sign up for free to see full disclosures of our property information and start their real estate investment today. The total value of Ark7 is $8.74 million and the total investment value is $5.5 million.
https://www.youtube.com/watch?v=zV2S8aPPolY&t=3s
22. 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:
Learn more about starting an airbnb host ➜
Gary Fox started Host Butlers, a airbnb management company, over 6 years ago:
My name is Gary Fox, and I run HostButlers, an Airbnb concierge service in Dublin, Ireland.
Since we started nearly four years ago, we have hosted over 200,000 people and have been profitable from month 5.
23. 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:
- Home Inspection Class: "How To Become Certified"
- Home Inspection Marketing How To Get More Home Inspections
For further info, check out these books and products:
- Real Estate Home Inspection
- How To Start A Foreclosure Cleanup Business: Property Preservation Industry: Cassandra Black
Learn more about starting a real estate inspections business ➜
24. Start a home repair business
Examples of a successful home repair business:
Here are some great videos on how to get started with a home repair business:
- How To Start A Property Maintenance Company – Doing It Successfully
- How To Start A Profitable Handyman Business
For further info, check out these books and products:
- How to Start a Home-Based Handyman Business: *Turn Your Skills Into Cash *Schedule Your Jobs *Build Word-Of-Mouth Referrals *Manage Insurance Issues ... Smart And Safe (Home-Based Business Series): Terry Meany
- The Ultimate Guide to Starting A Credit Repair Business: Launch your own profitable recurring-revenue business with just a computer and a phone
Learn more about starting a home repair business ➜
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:
- How To Become A Real Estate Developer
- How To Become A Real Estate Developer [Everything You Need To Know]
For further info, check out these books and products:
- Making It In Real Estate: Starting Out As A Developer: John McNellis
- How Real Estate Developers Think: Design, Profits, And Community (The City in the Twenty-First Century): Peter Hendee Brown
Learn more about starting a real estate developer ➜
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