Real Property Management

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What to know about Real Property Management franchise? A Real Property Management franchise permits you to operate a business providing property management services, including the management of maintenance and repair services and rent collection. A Real Property Management franchise is generally granted within a metropolitan area that has a population of more than 100,000 people. A Real Property Management franchise offers an opportunity to earn a substantial income while enjoying the satisfaction of helping people with their real estate needs. Real Property Management franchisees provide services that are essential to the smooth operation of residential and commercial properties. These services include rental property management, maintenance, and repair services, and rent collection. Real Property Management franchisees benefit from the company's years of experience in the property management industry, as well as its extensive network of relationships with landlords, tenants, service providers, and others. In addition, franchisees have access to the company's cutting-edge software system, which simplifies and streamlines the property management process. Real Property Management is based in Waco, TX. Scroll down to learn more!How much does a Real Property Management franchise cost?Are you wondering how much is a Real Property Management franchise? Before starting a Real Property Management franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Real Property Management franchise is $99,392 and can go all the way up to $146,542. Keep in mind, you should also allocate additional funds to live off of while the Real Property Management business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Real Property Management franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Real Property Management business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Real Property Management franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.