Summary: Property Management Inc is an affordable franchise to establish, operate and market a property management and real estate services company. The business has the opportunity for residual income, stability and multiple revenue streams from sectors in real estate including residential, commercial, association and short-term rental. Their proprietary property management software gives franchisees a turn key opportunity to grow. Operating since 2008, PMI is one of the nation’s leading franchisors of property management and real estate services. Providing the competitive advantage required to succeed in the property management industry including back office system support, client lead & marketing systems and all of the tools needed on the path to success.
Why we love it: Property Management Inc is headquartered in Lehi, Utah and provides their comprehensive 5-day franchisee training workshop in Salt Lake City, Utah. The franchise is known for state of the art software and back office support. Their aggressive online and conventional marketing strategies allowing franchisees the ability to succeed and grow their business quickly.
Ideal for: This franchise concept requires no prior real estate or property management experience. You will be required to secure all necessary business permits and real estate licenses to operate per state and federal law. People with excellent social skills do great in the property management industry as you are always working with tenants. Any prior experience where it was necessary to earn the trust and build a relationship with your customers will lend itself to property management. Sales experience is not necessary, but helpful, as you articulate the reasons a prospect should hire you.