Affordable franchise that can be home-based and can also be great for an absentee owner. Residual income, stability, and multiple revenue streams make us a top franchise. PMI is one of the nation’s leading franchisors of property management and real estate services.
Who is Property Management Inc.?
PMI is the nation’s leading franchisors of property management and real estate services. We have been operating since 2008, and have 400+ (independently owned) national offices with more than $50 billion of assets under management.
Who is PMI’s Competition?
When you think of a national sandwich shop, it’s Subway; plumber, it’s Roto‐Rooter; oil change, it’s Jiffy Lube; property management, it’s Property Management Inc.
Hard to believe, but with more than 280,000+ property management companies, no recognized national property management brand has a dominant market presence. And, the residential and HOA property management business is made up of predominately small, one office, poorly capitalized businesses. PMI has franchises in more than 48 states, and our objective is to use this national footprint to consolidate the massively fragmented property management industry.
And guess what? Even if we expand our existing franchise network of 400+ franchises to only 1,000+ franchises, PMI will still only make up half‐of‐one‐percent of the nation’s property management offices…yep that’s .005. THIS IS A BIG MARKET!
WE ARE DIFFERENT! From Property Management Inc.’s inception (our name says it all), we have uniquely targeted the property management services industry; because it allows us, whether the real estate industry is strong or weak, to generate recurring, residual revenue that keeps “rolling in month after month”.
PMI’s business model recognizes that property management fees are just the “tip of the iceberg” when it comes to residual revenue streams. The larger (and far more significant) value is created from monetizing the dozens of value‐added services that our franchise network offers to tenants and owners.
Many of these value‐added services are derived from an “asymmetric information flow” that results from a property manager being “the middle‐man” between a property owner and a tenant……..
Question: “How often do you personally talk with your mortgage broker, real estate agent or title company?” Answer: “Only when you are buying or selling a house.”
Question: “How often does a property manager communicate (email, text, phone call, etc.) with its property owners and tenants?” Answer: “Every day, week and month.”
Simply put, a property manager knows before any real estate agent, mortgage broker, or title company that a tenant is looking to buy a home; or that an owner is considering selling its investment property; etc. This “asymmetric” information is very valuable. And, while an average property management company has less than 10 service fees, a PMI office has 50+ revenue streams that can monetize this information.
PMI’s Business Model…..
Why it’s BETTER THAN ALL the rest!
According to Zillow, in 2020, the cumulative value of all of the nation’s residential properties exceeded $27.5 trillion dollars. And in 2020, Prudential Real Estate Investors estimated that the value of all investment‐grade commercial real estate was approximately $11 trillion dollars. Many of our Franchisee’s competitors (lacking the necessary resources/skills/technology/support/systems) neglect, in whole or in part, these market segments worth tens of trillions of dollars in assets.
So, unlike virtually all of the nation’s other real estate services companies, our network of franchise offices builds businesses upon a foundation of residual, recurring revenues generated from the entire real estate industry (e.g. residential, commercial, retail, HOA, vacation rental, etc.).
Why Property Management Inc.?
Having been through the Great Recession, we know that the real estate market, in its entirety, is cyclical and is prone to erratic market variations. However, there is one real estate sector that doesn’t seem to experience this volatility — Property Management. Why? Because regardless of whether or not the real estate market is booming or busting, more than 33.0% of the nation’s population (100+ million) rent, and many of the owners of these rental properties need knowledgeable and expert property management services.
Top 10 Reasons To Join Property Management Inc.
Cost and Startup – Become successful quicker and at lower costs than most business startups
Target Markets – Service both the residential markets as well as the lucrative commercial markets
In-Demand Services – Provide services, high in-demand, to the booming multi-trillion dollar real estate industry
Industry Expertise – Benefit from over 30 years of experience and expertise in the industry
Diversified Revenue Streams – Provide a wide range of sought-after services to diversify your revenue streams
No Experience Necessary – Experience in real estate or property management is not required to be successful
Residual Base – Enjoy consistently growing, recurring revenue as you grow month over month
Franchise Model – Enjoy the freedom and growth of being in business for yourself, but not by yourself
Mapped Success – Enter the industry armed with a map for success to avoid pitfalls most startups face
Training and Support – Comprehensive training and unparalleled support to help you every step of the way