Property Management Inc.
Who are we
What to know about Property Management Inc. franchise? The Property Management Incorporated Franchise, LLC (“PMI”) business model offers a broad spectrum of community association, commercial, residential, and vacation/short-term rental property management and real estate services. As a franchisee, you will operate a PMI business, in a specific geographic area, using PMI’s name, logo and other trademarked and copyrighted materials, procedures, software solutions, property management software, processes and systems. Property Management Inc. is based in Lehi, UT. Scroll down to learn more!How much does a Property Management Inc. franchise cost?Are you wondering how much is a Property Management Inc. franchise? Before starting a Property Management Inc. 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 Property Management Inc. franchise is $53,225 and can go all the way up to $205,050. Keep in mind, you should also allocate additional funds to live off of while the Property Management Inc. 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 Property Management Inc. franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Property Management Inc. business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Property Management Inc. franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
This page is for informational purposes only and does not constitute an offer or solicitation to buy a franchise.
Reviews
Learn more about Wefranch Verified Reviews
PMI has a great concept, but corporate changes have had a negative franchise impact.
I enjoy the relationships I've been able to develop with the Franchisee community. Corporate does offer a large amount of resources that makes standing up your business easy.
I feel corporate has changed. I don't feel the same level of relationships with the corporate staff I did when I started. I don't like the costs to add new pillars to your franchise, if corporate is going to make money off of revenue you shouldn't need to pay large amounts of money to add. Corporate I feel doesn't understand the amount needed just to start a new pillar on top of what they want for a new pillar. I don't like that business coaches seem to keep changing so often, this absolutely be avoided. You build a relationship with your coach and they know your business, the knowledge is lost every time you change. The push for a BDM is too overwhelming. If your small, you can't afford it. Required software systems are expensive and not much of a vendor discount is given for something PMI is requiring nation-wide.
YesNeutralNeutralSpare yourself the franchisee fee and do it yourself
It’s got potential
Their systems are not cutting edge. Their tech stack is useless.
NoNegativeDisapprovesPMI is a good franchise that can offer great opportunity depending on your market. They will help you along the way and are great partners. Opening a new franchise is starting a business so it takes effort and dedication but the reward is there.
PMI provides resources, training and expertise. They're not going to run your business for you, but they will provide all the support you need and have a culture that cares for the franchisees
Regulations can vary widely by city/state, as a franchisee you need to do your own research on your local requirements. PMI could also standardize financial setup and reporting for new franchisees better.
YesPositiveApprovesNice people, but don't follow through well.
software is good
they sell the world and don't offer much; national advertising is supposed to start. I haven't seen it. Pay alot for not alot.
NoNeutralNeutralGood concept, a lot of work for fair profit. Future could be impacted by agentic AI.
Let us do mostly what we want with little oversight
Lack of support when there is a question. One is better off to find out an answer by themselves as it takes corporate too long to get back or sometimes doesn't get back at all.
YesPositiveApproves
Franchise Disclosure Documents
Showing 9 of 9 FDDsFrequently Asked Questions
What is the average franchisee rating for Property Management Inc.?
The average franchisee rating for Property Management Inc. is 3.2 stars.