Real Estate Developer

Business Idea: Become A Real Estate Developer in 2024

Updated: October 2nd, 2024

Monthly Revenue
$1.5M
Market Size
$2.69T
Market Size

A real estate developer is responsible for overseeing all the people involved in building or renovating homes, offices, retail centers, or industrial sites. Real estate developers are the people who turn empty land or neglected buildings into new properties.

To become a real estate developer, you need some initial capital and also be able to convince other people that your project is worth investing in. What kind of development you want to undertake should be clear to you, and you should be able to persuade others and make them see this venture will be financially successful.

Startup Costs

How much does it cost to become a real estate developer?

  • It can cost as low as $30,000 to become a real estate developer.
  • It can cost as high as $100,000 to become a real estate developer.

Learn more about the costs of a real estate developer.

Examples Of Successful Real Estate Developers

Successful real estate developer businesses and case studies

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.

$1.5M Monthly Revenue
$30K Startup Costs
Read by 6,318 founders

See full list of successful real estate developers.