Property Management Inc.’s Item 19 Shows How a Winning Model Translates to Industry-Leading Financials

Since its founding in 2008, Property Management Inc. (PMI) has been providing expert property management services and solutions to over 270 markets across the United States, Puerto Rico, Costa Rica and Malta. Backed by its four unique pillars of service—residential, commercial, association and short term—the PMI team is at the forefront of the property management industry. These four pillars allow the company to provide exceptional services while building value and helping hundreds of property managers realize their dreams of owning a successful business.

In 2019 alone, PMI opened 51 new offices, increasing the brand’s total locations to more than 270. “Sustained growth is the goal of any franchise, so opening 51 additional offices in one year is an exceptional win for the brand,” said Steve Hart, co-founder and CEO of PMI. “Based on the success the owners of those locations have enjoyed, the franchise is poised to see even more growth in 2020.”

PMI recently released its 2020 Franchise Disclosure Document (FDD), which outlines the entire franchise proposition for owners and details some of this success. An FDD provides franchise investors with key metrics, terms and obligations that may not be disclosed elsewhere. For well-positioned franchisors, it can also be an invaluable sales tool, specifically the document’s Item 19, which outlines the previous year’s financial performance.

This year, amid COVID-19, PMI prioritized exceptional support and communication to help franchisees navigate through uncharted waters. Whether it be empowering its Franchise Advisory Council, providing financial relief or helping expand portfolios, the leading property management franchise is working closely with its local owners to ensure that they emerge stronger on the other side of the current economic downturn.

According to Danessa Itaya, President of PMI, those factors offer insight into why so many investors are turning to PMI as a uniquely profitable opportunity within the property management industry.

“When a prospective franchisee looks at our system and business model, they see very quickly that we offer something special,” Itaya said. “We create loyal customers through custom solutions to fit any and all specific requirements and budgets. PMI streamlines the property management process and generates consistent, reliable income for clients across the nation. Our franchisees handle the day-to-day operations of client assets, its services covering property marketing, brokerage services, tenant screening, rent collection, property maintenance, financial reporting and more. Item 19 shows our prospects that this is a winning model and that PMI offers franchisees an opportunity to expand their portfolios in ways they otherwise couldn’t.

According to Hart, PMI has carved out that lucrative positioning by bringing a level of professionalism and innovation to property management unmatched elsewhere in the industry.

“PMI has come a long way since our inception, but we’ve never lost sight of the fact that we are a solutions-driven company,” Hart said. “PMI has really proven itself as a top contender in the property management industry and we are only going up from here. Because we provide a wide variety of flexible and professional solutions, we are confident that our franchisees are set up for success in any market, even brand new ones.”

Rental property owners looking for property management companies expect more than ever before, so the level of service required is huge. “We’re able to provide that boutique style of property management where each owner is getting top-level service at the local level, but with the expertise and resources of a national company,” said Itaya. “PMI’s presence and industry-leading technology give us the ability to market to all available platforms to really generate results, improving service and generating real results for our clients. PMI franchisees can focus strongly on residential and commercial properties while simultaneously growing their business and establishing recurring and transactional revenue streams.”

In addition to delivering best-in-class solutions to customers, PMI recognizes that it is imperative that the leadership team provides franchisees with the tools they need to succeed. The Property Management Inc. team is at the forefront of property management due to exceptional, instant educational resources and management systems for franchisees and the brand’s unique four-pillar structure, which allows managers to diversify and manage properties of each pillar.

“We are proud to say that we offer strong corporate support to our entire franchise system, and we are eager to add more members to our franchisee family,” said Itaya. “PMI provides the resources, systems and national recognition of an established brand to consistently create prosperous franchisees.”

The brand’s growth offers further validation that the support infrastructure and proven business model has been paying off for PMI franchise owners. As the franchise continues to seek qualified new franchisees in markets across the U.S., the time has never been better to invest in PMI.

The startup costs for a Property Management Inc. franchise range from $22,750 to $175,100. The franchise fee ranges from $16,200 to $128,600. To learn more about franchising with Property Management Inc., visit https://propertymanagementincfranchise.com/.