How Property Managers Are Increasing Revenue by Converting Their Business to Join the Property Management Inc. Franchise System

Emerging franchise Property Management Inc. (PMI) has made a name for itself by providing full-service management solutions across four pillars: residential, commercial, short-term rental and association. For new franchisee Brad Mistina, a previously independent property manager, PMI’s franchise model is opening doors to a wealth of new business opportunities.

Since joining PMI in 2021, Mistina says he is on pace to triple the number of doors he manages.

PMI has recently focused its development efforts on attracting independent operators into its franchise system, and Mistina’s success demonstrates the value of that approach.

And Mistina says the benefits of franchising with PMI go beyond the increased doors.

“Partnering with PMI allowed us to not only secure more deals than before but also significantly expand our network,” he said. “With the added support, we’re doing higher-level work for more clients and growing at a record pace.”

PMI franchisees follow a refined protocol for property selection, which ensures each franchisee achieves target profit margins while providing a uniform service across the franchise system. That uniformity has also helped the brand market itself to more properties quickly.

“I’ve been in the business long enough to develop a good reputation, and I had some built-up demand, but people would ask me to help manage properties and I had to turn them down because they were too small,” Mistina said. “Now we have the resources to service just about anyone.”

“We're thrilled to partner with franchisees like Brad who are looking to take their property management businesses to the next level,” said Danessa Itaya, PMI’s president. “Our business model provides property managers with the tools, technology and support needed to expand their businesses, and we’re finding that just about any property manager can achieve their goals more easily with our assistance.”

Mistina says PMI’s franchise model has “filled in a lot of these blanks” for his business. “The growth has just been unbelievable, and putting it all under a consistent brand has been very powerful.”

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 https://propertymanagementincfranchise.com/.