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Franchise Profile
- Total Investment: $87,000 - $113,000
- Cash Investment: $87,000
- Business Type: Franchise
- In Business Since : 1986
- Financing: No
- Training & Support: Yes
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 20% of those rentals are being managed by a professional. Therefore, the demand for quality property management companies is extensive and increasing. Millenials are often burdened with college loans and prefer the flexibility of renting over buying. Boomers who were affected most by the housing downturn have become the fastest growing segment of renters in the US as they considering downsizing for retirement. Couple that with higher credit lending standards and prices for properties on the rebound and fewer Americans in general can afford to buy, resulting in an increased number of investors and investor groups purchasing the homes that are available. Advances in technology have made it possible for those investors to acquire real estate outside of their local markets. All of this has enhanced the growth and profitability potential for property management companies substantially. In any economy, people need housing. The industry is stable and generates consistent monthly revenue in times of both recession and inflation.
Where Real Property Management separates themselves from the rest is in their proven systems and tools, world class training and leadership team, industry research and testing, marketing materials and planning, automation and technology, and national partnerships that offer discounts on daily operations and/or additional revenue streams. These differentiators allow Real Property Management franchise owners to manage accounts more efficiently and maximize the revenue generated per unit compared to their competition. Thus, allowing the business to scale. Scale doesn’t happen overnight, but once achieved can offer the franchise owner the luxury of stepping out of the day to day operation, reaping the rewards that this opportunity can offer from a more passive position over time.
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Where Real Property Management separates themselves from the rest is in their proven systems and tools, world class training and leadership team, industry research and testing, marketing materials and planning, automation and technology, and national partnerships that offer discounts on daily operations and/or additional revenue streams. These differentiators allow Real Property Management franchise owners to manage accounts more efficiently and maximize the revenue generated per unit compared to their competition. Thus, allowing the business to scale. Scale doesn’t happen overnight, but once achieved can offer the franchise owner the luxury of stepping out of the day to day operation, reaping the rewards that this opportunity can offer from a more passive position over time.