Real Property Management is the nationwide leader in residential property management. In any economy, people need housing. As homeownership continues to decline across the United States, the demand for professional managers has become increasingly heightened. Real Property Management helps its franchise owners to scale, manage accounts more efficiently, and maximize the revenue per unit compared to their competition.
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. 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.
To buy a franchise with Real Property Management you’ll need a minimum net worth of $250,000. Creative Colors International a franchise fee of $59,900. They also offer a discount for veterans.
$50,000
Liquid Capital Required
$91,718
Min Investment
$266,218
Max Investment
$250,000
Net Worth Required
Available
Financing
Yes
Vet Fran Discount
Franchise Name: | Real Property Management |
Total Units: | 400 |
Year Founded: | 1986 |
Franchising Since: | 2005 |
Home Office: | Waco Texas 76707 |
Training: | Available |
*Real Property Management is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming