1851

<a href="https://propertymanagementincfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=property-management-inc-ends-2021-with-record-75-signings-plans-to-sign-100-more-in-2022-2717911" target="_blank" rel="nofollow">Property Management Inc.</a>, the property management franchise with locations coast to coast, reported more than 75 franchise signings in 2021, making way for the opening of 93 new franchise territories. The brand now holds $30 billion in assets under management and manages over 100,000 properties.&nbsp;“This past year was a record year for our company in many ways,” said <a href="https://www.linkedin.com/in/steve-hart-30aa2a5/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=property-management-inc-ends-2021-with-record-75-signings-plans-to-sign-100-more-in-2022-2717911" target="_blank" rel="nofollow">Steve Hart</a>, chief executive officer at Property Management Inc. “In what should have been a slower year as we still navigated the pandemic, a lot of franchise candidates expressed interest in our recession-resistant, COVID-resistant business model. People need places to live, and property owners need us to manage those rental properties.”&nbsp;To expand its portfolio even further, Property Management Inc. launched what is called PMI Realty, a program that trains franchisees in property brokerage. “A lot of our franchisees already hold real estate licenses and are involved in a lot of real estate transactions, so it only made sense to roll out a program that allows our franchisees to become real estate agents and further expand their opportunity to secure clients,” said Hart.&nbsp;This program is included in the franchise agreement and comes at no additional cost to the franchisee.&nbsp;Following its success in 2021, Property Management Inc. continues to be one of the fastest-growing top 100 franchises in the U.S.“We want to be a leader in the property management industry and become a household name,” said Hart. “We have close to 400 franchisees now, and although we are still considered a small brand, we are starting to make an impact in the property management industry with locations in 47 of 50 states and franchisees in every major city — we can be found coast to coast.”He continued, “The goal is to exceed what we accomplished last year. We offer a recession-resistant business model that allows new franchisees to work out of their homes as they get their footing while keeping overhead and initial investment costs low.”&nbsp;As Property Management Inc. looks forward to the state of the property management industry in 2022, Hart said that he is looking for a bit of a slow down in the real estate market.&nbsp;“Even in a year where home sales were chart-topping, we still had a record-breaking year for signing properties,” he said. “We’re expecting home sales to mellow out in 2022 and for fewer property owners to want to liquidate their assets in a hot real estate market.”<h4>How Property Management Inc. is Preparing for Continued Domestic Growth and Aims for International Expansion</h4>Hart said Property Management Inc. has set some big goals for the coming year and will be looking to expand not just domestically but also internationally, including in Canada and other popular destinations.“We’re planning for international expansion in 2022,” said Hart. “We’re already in places like the Dominican Republic, Puerto Rico, Malta and Costa Rica, but we want to secure more popular international destinations with master franchisees who are qualified and experienced property management and real estate professionals.”&nbsp;As Property Management Inc. continues to grow domestically as well, Hart said that the key to this expansion will be securing national partnerships with investors and property owners who have a national footprint.“We are the largest property management company in the country and currently manage more properties than any other brand,” said Hart. “We would like to build partnerships with other companies and investors who own properties and offer them boots-on-the-ground management solutions. As the only brand who can offer that kind of solution, we’re ready to start making an impact on the property management industry in 2022.”There isn’t one specific market that Property Management Inc. is targeting for the new year, as there is opportunity in all markets. Destination states like those in the Sun Belt are always a hot spot for property management, as residents tend to be seasonal and rent the properties out when they aren’t there. Property Management Inc. isn’t just looking for expansion opportunities in popular vacation states for short-term rentals; the brand is also looking to grow in areas that aren’t hugely popular with tourists as well as places that offer commercial property rentals and association management.“Franchisees don’t need to focus only on residential property management,” said Hart. “We offer four pillars of property management including residential, commercial, association and short-term rentals. Franchises have the ability to do commercial property management and even association management if they prefer.”Hart said that many new franchisees may want to seize the opportunity to specialize in management properties that are part of a homeowners association, which often lack quality management.“It’s an up-and-coming sector — there are several communities that are now going to associations, and it’s a large market offering opportunities for franchisees,” said Hart.&nbsp;Whether it’s a major metropolitan area or a small town, Hart said there is a need for quality property managers everywhere. In fact, some of the brand’s most successful franchisees are those who live in less populated areas. “These franchisees are able to come into these communities and roll out our services, allowing them to dominate the management market in smaller areas pretty quickly,” he said.Property Management Inc.’s vast experience in property management as well as real estate makes it a prime opportunity for those who may already own a mom-and-pop rental company in a small town.&nbsp;“We want to show property managers in smaller areas that there is a better and easier way to handle their responsibilities when they partner with us,” said Hart. “Co-branding opportunities are available that will allow them to grow their business with better marketing, branding and better systems, coaches and trainers.”Property Management Inc. plans to continue helping property owners lease out their spaces with the help of management by a nationwide network of franchisees.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 <a href="https://propertymanagementincfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=property-management-inc-ends-2021-with-record-75-signings-plans-to-sign-100-more-in-2022-2717911" target="_blank" rel="nofollow">https://propertymanagementincfranchise.com/</a>.&nbsp;&nbsp;

Property Management Inc. Ends 2021 with Record 75+ Signings, Plans to Sign 100 More in 2022

1851 Franchise

The national property management franchise signed a record-breaking number of franchisees in 2021 and is planning for even more growth in 2022. 

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

property-management-inc-ends-2021-with-record-75-signings-plans-to-sign-100-more-in-2022

Keke's Breakfast Cafe

Restaurant Business: Keke’s Breakfast Cafe Expands Nationally With Denny’s Backing

restaurant-business-kekes-breakfast-cafe-expands-nationally-with-dennys-backing

Biscuit Belly Franchising

Biscuit Belly Named to Nation’s Restaurant News’ “100 Under 100” After Seeing 40% Growth in 2024

biscuit-belly-named-to-nations-restaurant-news-100-under-100-after-seeing-40-growth-in-2024

Sola Salons

FourCornersSun: Sola Salons Opens in Lakeside Village

fourcornerssun-sola-salons-opens-in-lakeside-village

KidStrong Franchising, LLC

Why This UPS Store Franchisee is Developing KidStrong

why-this-ups-store-franchisee-is-developing-kidstrong

Biscuit Belly Builds for the Future as Franchise Momentum Sets Stage for Record-Breaking 2026

biscuit-belly-franchise-midyear-growth-2025

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 Development Website Builder

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

Friendly’s Parent Company Acquired by Multi-Unit Franchisee as More Owners Take the Lead in Brand Acquisitions 

friendlys-parent-company-acquired-by-multi-unit-franchisee-as-more-owners-take-the-lead-in-brand-acquisitions

Subway - John Fitzpatrick Named CEO - Breaking News - 1851 Franchise

Subway Names Jonathan Fitzpatrick as New CEO, Effective July 28

jonathan-fitzpatrick-subway-ceo-leadership-change

AI Is Reshaping Franchising: $100 Billion Valuations and Hyper-Localized Advertising

ai-is-reshaping-franchising-100-billion-valuations-and-hyper-localized-advertising

Mega Franchisee Sizzling Platter Acquired by Bain Capital

mega-franchisee-sizzling-platter-acquired-by-bain-capital

Wendy's CEO Kirk Tanner Steps Down - Breaking News - 1851 Franchise

Wendy’s CEO Kirk Tanner Steps Down Amid Challenges, Leaving Franchisees Facing Uncertainty

wendys-ceo-transition-kirk-tanner-franchisee-uncertainty

Unlocking Superpowers: How KidStrong Is Building the Next Generation of Confident Kids — and Thriving Franchise Owners

kidstrong-franchise-confident-kids

Jollibee -Launch-Story-Brand-Page-Deep-Dive-2025

Jollibee Franchise Costs, Fees, Profit and Data for 2025

jollibee-franchise-costs-fees-profit-and-data-for-2025

How Food Franchises Are Innovating To Win Over Health-Conscious Consumers

food-franchises-winning-over-health-conscious-consumers

image of a happiness business franchise logo on a wood wall on location

Happinest Brands Powers Through 2025 With Strong Franchise Growth Across Multiple Brands in the Portfolio

happinest-brands-q2-2025-growth

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores - Agg - 1851 Franchise

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores

hooters-franchise-model-company-owned-closures

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Navy Veteran and Professional Artist Couple Open Caring Transitions in Texas

Navy Veteran and Professional Artist Couple Set Out to Build a Purpose-Driven Business With Caring Transitions in Texas

navy-veteran-and-professional-artist-couple-set-out-to-build-a-purpose-driven-business-with-caring-transitions-in-texas

Why This Real Estate Broker Decided To Bring Caring Transitions to Central Texas

caring-transitions-san-marcos-kyle-chad-hardin

Sola Salons Franchisee Grows Salon Freedom Into a Multi-State Powerhouse 

Property Management Inc. Ends 2021 with Record 75+ Signings, Plans to Sign 100 More in 2022

MORE STORIES LIKE THIS