Real Property Management
Residential property management has become one of the fastest growing industries in the country. More than one third of all residential households in the U.S. are rentals and, on average, only 28% of those rentals are being managed by a professional. Therefore, the demand for quality property management companies is extensive and increasing.
In any economy, people need housing. The industry is stable and generates consistent monthly revenue in times of both recession and inflation. A property manager’s role is multi-faceted: to find and screen tenants, process rent payments, provide property inspections, maintenance & repairs, and process evictions when necessary. As the owner of the business, your candidate would be selling their services to property owners and investors, working with real estate agents and others to gain business referrals, and managing their business and staff. Where Real Property Management separates themselves from the rest is in managing property more efficiently and maximizing the revenue made per unit.
WHY the Property Management Industry?
-The industry is growing and stable, and both recession and inflation proof.
-The revenue is predictable and recurring. The customer does not need to be resold daily or monthly
-The business is scalable. The limiting factor is the franchisee’s willingness to continue to hire staff.
Franchise Fee
$59,900
Royalty
7% of fee based revenue, 3% of maintenance revenue
Total Investment
$99,392 – $146,542
Can Be Home Based
No
Founded
1986
Franchised
2006
VetFran Member
Yes
Request Info
Let us get you more information and a few other opportunities we think you might like
Your content has been submitted