Annual Revenue: $2,371,950
Net Cash Flow: $394,752
Location: Harrisburg Area, Pennsylvania
This all-remote company operates in what Redfin predicts will be one of the hottest real estate markets of 2022. They have been in business for over 20 years buying, selling, and renting homes. With extremely low overhead and 2 full-time contractor positions (no employees), the company has been able to maximize profit margins and limit overhead to create an exciting and profitable business.
Since most of the team is remote, the owners are semi-absentee owners.
Their unique and automated business model allows them to buy off-market homes at a deep discount and resell them in as little as 2 weeks. 95% of the homes are never even seen by the Sellers. For over 20 years, they have learned to navigate and profit during ever-changing markets– even the real estate crash of 2008 and the Pandemic. The Pandemic allowed them to hone their skills and begin to buy and sell in other states.
One final noteworthy piece of information is you do not need a Realtor License to operate this business.