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Franchise Overview

Investment Range

$59,900 - $205,000

Net Worth Required

$150,000

Liquid Capital Required

$100,000

Franchise Fee

$59,900

Property Management Inc Franchise

Property Management Inc. (PMI) is a prominent franchise in the real estate management industry, offering a comprehensive program that includes technology, training, systems, and support for its franchisees. Founded in 2008, PMI has developed a robust franchise model, managing both commercial and residential real estate assets. With its headquarters in Lehi, Utah, PMI has grown significantly, operating over 380 franchise units. Franchisees at PMI are provided with a diverse range of services, including community association, commercial, residential, and vacation/short-term rental property management, as well as real estate services. They operate in specific geographic areas, using PMI's branding, materials, and systems. The franchise program covers various industry sectors, such as residential, commercial, association, short-term rental, and brokerage. PMI's training program for franchisees is comprehensive, spanning 90 to 180 days and delivered remotely. This includes weekly webinars, telephone training, web-based tools, and instructional videos. The training is tailored to the franchisee's business experience and real estate knowledge. Franchisees are also required to participate in workshops and continuing education programs for ongoing development.

Property Management Inc

About Property Management Inc

Property Management Inc. (PMI), since its inception, has been a formidable force in the property management industry. Founded by Steven Hart with a clear vision, PMI began offering expert property management services, focusing on a business model that caters to multiple industries within property management. Steven Hart's expertise and understanding of the real estate market's ups and downs played a pivotal role in establishing PMI. The company started with a strong foundation in residential property management before expanding its services to include commercial, association, and short-term rental management. This expansion transformed PMI into a comprehensive property management franchise, offering a unique blend of services. The franchise model was designed to provide franchise owners with a competitive edge, allowing them to manage a diverse range of properties, from county property management to short-term rentals. PMI's approach to franchise property management has consistently ranked it among the fastest-growing franchises in the industry, providing franchisees with robust support systems, ongoing training, and essential resources like property management software, which have been instrumental in helping property managers realize their dreams of successful business ownership.


The financial aspect of joining the PMI franchise network includes a detailed understanding of the franchise costs, initial investment, and franchise fees. The initial franchise fee is a crucial component that new franchise owners need to consider. In addition to this, PMI has developed a comprehensive support system for its franchisees, encompassing areas such as training in the four pillars (residential, commercial, association, and short-term rental), marketing, advertising, rent collection, and maintenance. This full-service approach ensures that franchise owners are equipped to handle all aspects of property management, from managing accounts receivable to dealing with late payments. PMI's business publications and resources offer insights into gross revenue, startup costs, and potential revenue streams, guiding franchisees in making informed decisions. The company's corporate headquarters serve as a hub for innovation and support, assisting PMI franchisees in areas like lead generation, property management solutions, and client acquisition. PMI's franchise model is designed to provide franchise owners with a strong record of success, enabling them to manage and grow their businesses effectively, capitalize on various property management services, and maintain a competitive position in the franchise industry.

Property Management Inc Training & Support

Property Management Inc. (PMI) offers an extensive training and support program to its franchisees, ensuring they are well-equipped to deliver expert property management services in the competitive property management industry. As part of the initial franchise fee, new franchise owners are introduced to the business model of PMI, which encompasses multiple industries, including residential property management, commercial real estate, association management, and short-term rental management. This comprehensive training covers the four pillars of PMI's successful business model: residential, commercial, association, and short-term rental management. The training is conducted at the corporate headquarters and through online resources, helping property managers realize the potential of their investment. The initial investment in a PMI franchise includes not only the franchise fee but also startup costs associated with obtaining the necessary tools and resources, such as property management software and marketing materials. This investment is designed to give franchisees a competitive edge in the franchise industry, offering a strong record of success and a consistently ranked position among the fastest growing franchises.


Support for PMI franchisees extends beyond initial training, encompassing ongoing training and development to ensure their success in the ever-evolving property management industry. PMI offers access to state-of-the-art property management software, ongoing marketing support, and tools for lead generation and rent collection. This support helps franchisees manage everything from accounts receivable to maintenance and repair, ensuring a comprehensive service offering for clients. PMI franchisees also benefit from the company's strong brand recognition and the wealth of experience from other franchisees within the network. This network allows franchise owners to share insights and strategies for dealing with common challenges, such as late payments or property maintenance issues. Additionally, PMI's leadership team, including CEO Steven Hart, brings a wealth of experience in the property management industry, ensuring that franchisees receive guidance from experts who understand the nuances of managing properties in various markets. This level of support and training ensures that PMI franchisees are well-equipped to operate successful businesses, offering full-service property management solutions to their clients.

Why Property Management Inc

Investing in a Property Management Inc. (PMI) franchise presents a unique opportunity for aspiring entrepreneurs in the robust property management industry. PMI, a leader in the field, offers expert property management services across multiple industries, including residential, commercial, association, and short-term rental management. This diversity allows franchisees to tap into various revenue streams, from county property management to managing short-term rentals, enhancing the potential for successful business ownership. With the property management industry consistently ranked among the fastest growing franchises, PMI franchisees benefit from a strong record of success and a competitive edge. The business model of PMI is designed to provide comprehensive support to property managers, encompassing ongoing training, advanced property management software, and effective marketing strategies.


The initial investment in a PMI franchise includes a franchise fee and other startup costs, but these are balanced by the value and support provided by the management company. From the moment you pay the initial franchise fee, PMI offers a structured training program and ongoing support in areas like lead generation, rent collection, and handling late payments. The robust business model covers four pillars—residential, commercial, association, and short-term rental—allowing franchise property management to adapt to various market needs. PMI franchisees manage a wide range of property types, gaining access to a large customer base and numerous business publications that recognize PMI's excellence. Additionally, franchise owners receive assistance in key areas such as accounting, maintenance, insurance, and legal support, ensuring they can effectively manage and grow their business. With PMI's proven track record in property management franchises and its commitment to excellence and innovation, investing in a PMI franchise could be a smart move for those seeking a stable and potentially lucrative career in property management.

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