Will the Real Estate Market Crash in 2023?

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Income Report – April 2024

Well, this wasn’t my best month. In fact, it was a big disappointment.

The revenue was much lower than we anticipated. Yes, $207,164 is a lot of money, but based on the trajectory and track record, I would like to see this much higher.

The gross profit for April was $67,131.47. This is a sizeable amount of profit, but not nearly what I need it to be at this level.

The big problem for April was that I only closed 2 deals.

March was a pretty good month! We didn’t top our record setting January, but we weren’t too far off with $674,265 in revenue for March. This is the exact amount of revenue that was wired to our bank account in March. If we multiplied that out fo the year, that would be $8,091,185. That’s good, but a little short of my $10 Million goal for 2023. I’ve got some work to do! The gross profit for March was $275,156 which I’m pretty happy with!

Income Report - February 2023

I had high hopes for February, but it fell a little short. But, can I really be upset about $464,159 of revenue? Not really. Although we didn’t top last month’s record figure, we still did pretty well. We had a couple of deals fall out of contract and also a couple of closings got delayed. That is the nature of this business and real estate in general. Plans always change and nothing ever goes exactly as planned. That’s ok, because I expect the unexpected at this point. Our gross profit for this month was pretty healthy as well.