1851

<a href="https://propertymanagementincfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-partnering-with-pmi-made-this-franchisee-excited-about-his-business-again-2722374" target="_blank" rel="nofollow">Property Management Inc. (PMI)</a>, the nation’s fastest-growing property management franchise, is a great opportunity for independent property managers to scale their businesses through franchising. With nearly 400 Franchisees managing over 100,000 properties in 47 states and international territories like the Dominican Republic, Puerto Rico, Malta and Costa Rica,&nbsp;<a href="https://1851franchise.com/propertymanagementinc">PMI</a> provides entrepreneurs with tools and resources they wouldn’t be able to come by on their own.&nbsp;Houston-based Franchisee&nbsp;<a href="https://www.linkedin.com/in/kodi-maxey-7266a2121/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-partnering-with-pmi-made-this-franchisee-excited-about-his-business-again-2722374" target="_blank" rel="nofollow">Kodi Maxey</a>, for example, was working in industrial sales when he and his wife Mallory decided to get into the real estate wholesale business. Eventually, a door opened up for the couple to start moving into short term rentals. Quickly, their small business began to expand. The pair found that people were constantly asking them about property management services.&nbsp;“We never really took on other owners because we built our own systems that we became very comfortable with,” says Maxey. “But when 2022 came along, we started to look for other opportunities and wanted to diversify. The first thing that came to mind was full property management. And that’s when I discovered PMI.”&nbsp;Once he started learning more about the brand, Maxey was drawn to the simple process that he was able to take at his own pace. “Everybody felt like they were on the same page,” he recalls. “Everyone was excited for what they were doing and bought into the bigger picture. I feel like everyone at PMI are visionaries to some capacity.”&nbsp;That resonated with Maxey as someone who wants to work on something bigger than himself. He also liked the idea of being able to be more behind the scenes. Up until this point, Maxey and his wife were the face of the business. This began to get exhausting and started to take away the excitement of owning a business, Maxey says. Partnering with PMI allowed them to take a step back, but have a proven system continue to run the business.&nbsp;“Up until this point, I was doing all the trial and error,” he says. “I really wanted to be a part of a brand that was bigger than us and be able to keep a consistent quality of product.”&nbsp;The Franchisee added that he was blown away by the support he received from PMI. He noted that the team was detailed, patient and had a wealth of resources to share. At PMI, there is a very detailed onboarding process for new Franchisees. New owners are assigned an onboarding coordinator to help them get their business open and, after their business opens, they're assigned a franchise business coach, who is their single point of support for all things PMI. This includes operational and marketing support, as well as various online resources that connect Franchisees to one another.&nbsp;With the support of PMI, Maxey says he is looking forward to taking advantage of the brand’s&nbsp;<a href="https://1851franchise.com/propertymanagementinc/how-property-management-incs-4-pillars-set-up-franchisees-for-multiple-revenue-streams-2719578#latest_stories">four pillars of property management</a>, specifically the residential pillar. The business provides owners solutions across residential, commercial, association and short-term rental. This revenue-generating model is designed to bring in multiple streams of income for owners, a perk that the hundreds of existing Franchisees realize every day.&nbsp;Looking back, Maxey says he has learned so much by partnering with PMI and has a greater appreciation for the systems in place. He noted that, if he were to start another business, he would definitely go down the franchising route sooner.&nbsp;“I like to use an analogy that it was like my wife and I were rowing our own boat in the middle of the ocean going at our own pace, but we were just tired,” he says. “And all of a sudden we see a PMI cruise ship where everyone is working together and enjoying themselves. We had the opportunity to get on that cruise ship, and I feel like I’m a part of something that is growing and I can enjoy it again.”&nbsp;The startup costs for a Property Management Inc. franchise range from $53,225 to $190,050. The franchise fee ranges from $45,000 to $190,050. To learn more about franchising with Property Management Inc., visit&nbsp;<a href="http://propertymanagementincfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-partnering-with-pmi-made-this-franchisee-excited-about-his-business-again-2722374" target="_blank" rel="nofollow">propertymanagementincfranchise.com</a>.

How Partnering with PMI Made This Franchisee Excited about His Business Again 

1851 Franchise

Kodi Maxey and his wife Mallory had their own short term rental business in Houston. After they quickly began to expand, the couple turned to PMI to grow their business without burning out. 

how-partnering-with-pmi-made-this-franchisee-excited-about-his-business-again

Children's Lighthouse

Children’s Lighthouse Wraps Up Q1 With Two New Openings and Continued Industry Recognition

childrens-lighthouse-wraps-up-q1-with-two-new-openings-and-continued-industry-recognition

Happy Joe’s Franchising

Why Texas Is the Perfect State To Open a Happy Joe’s Franchise

why-texas-is-the-perfect-state-to-open-a-happy-joes-franchise

Seniors Helping Seniors®

Photo of two people, with white hair, sitting on couch, smiling at each other

Seniors Helping Seniors® In-Home Care Services Expands in Manassas and Fredericksburg, Virginia

seniors-helping-seniors-in-home-care-services-expands-in-manassas-and-fredericksburg-virginia

BooXkeeping

Tech-Driven Bookkeeping: How BooXkeeping Franchisees Are Embracing the Future

tech-driven-bookkeeping-how-booxkeeping-franchisees-are-embracing-the-future

Fitness Premier

Fitness Premier's State-of-the-Art Facilities and Multi-Discipline Approach Fuels Franchise Owner Success

fitness-premiers-state-of-the-art-facilities-and-multi-discipline-approach-fuels-franchise-owner-success

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Layoffs Surge to Pandemic-Era Highs, Opening Doors for Franchise Growth

layoffs-surge-to-pandemic-era-highs-opening-doors-for-franchise-growth

FAT Brands Becomes First Restaurant Franchise To Accept Bitcoin for Royalty Payments

fat-brands-becomes-first-restaurant-franchise-to-accept-bitcoin-for-royalty-payments

Yum! Brands CEO David Gibbs To Retire in 2026 After 36 Years With the Company

yum-brands-ceo-david-gibbs-to-retire-in-2026-after-36-years-with-the-company

Hooters Bankruptcy - Chapter 11 - April 2025 - 1851 Franchise

Hooters Files for Bankruptcy, Sells Restaurants to Franchisee Group

hooters-bankruptcy-chapter-11-april-2025

Fly Dance Fitness Expands With First Franchise Location in Georgia

fly-dance-fitness-franchise-expansion

Florida Franchisee Reflects on Success and Growth with Sylvan Learning

florida-franchisee-reflects-on-success-and-growth-with-sylvan-learning

Military Veteran and Craft Beer Enthusiast to Bring Voodoo Brewing Co. to Toledo, Ohio

military-veteran-and-craft-beer-enthusiast-to-bring-voodoo-brewing-co-to-toledo-ohio

Franchisee spotlight featuring Ian and Dick Rydholm with gradient blue background and Sylvan logo

Ian and Dick Rydholm Celebrate 30 Years of Transforming Lives Through Sylvan Learning in El Paso, Texas

ian-and-dick-rydholm-celebrate-30-years-of-transforming-lives-through-sylvan

Franchisee spotlight image with Randy and Sandy Craft, Children's Lighthouse logo on blue background

The Crafts’ Successful Journey from New Parents to Children’s Lighthouse Franchisees

the-crafts-successful-journey-from-new-parents-to-childrens-lighthouse-franchisees

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025 - 1851 Franchise

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025

paris-baguette-ranks-among-top-franchises-on-entrepreneurs-franchise-500-for-2025

How Partnering with PMI Made This Franchisee Excited about His Business Again

MORE STORIES LIKE THIS