1851

Larry Krieg had a long career serving in the U.S. military, where he was able to travel to many parts of the country and the world before owning his own <a href="https://www.propertymanagementinc.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=veteran-larry-krieg-uses-the-skills-he-learned-serving-in-the-military-to-boost-his-career-with-property-management-inc-2711959" target="_blank" rel="nofollow">Property Management Inc. (PMI)</a> franchise.&nbsp;Founded in 2008, <a href="https://1851franchise.com/propertymanagementinc/info">PMI</a> provides expert property management services and solutions across four pillars: residential, commercial, association and vacation rental. Focusing on these four pillars allows the company to provide unmatched service, building value and helping hundreds of property managers realize their dreams of successful business ownership. Those who convert their existing business to a <a href="https://1851franchise.com/propertymanagementinc/info">PMI franchise</a> gain access to unparalleled training and support from the top line. PMI provides the resources, systems and <a href="https://1851franchise.com/propertymanagementinc/property-management-inc-earns-coveted-spot-on-entrepreneurs-franchise-500-ranking-2709185#franbuzz">national recognition of an established brand</a> to create new revenue streams, ultimately allowing franchises to expand their portfolios.&nbsp;New to the property management industry? No problem. The PMI business model provides newcomers all of the necessary tools to succeed.&nbsp;Larry Krieg signed on as a newcomer with the business (and the industry as a whole) in 2014 and has since been building his property management expertise in the Clarksville, Tennessee community. Thanks to PMI’s proven model and industry-leading franchisee support, Larry Krieg has enjoyed considerable success.When Larry Krieg was nearing the end of his military career, he decided he needed to find an additional path that would supplement his income beyond his time in the service; something that would set him up for success for the remainder of his work life.&nbsp;After looking into several different opportunities, Larry Krieg ultimately decided to purchase a rental property in Clarksville. About a year or so later, he needed to find a property manager to hold down the fort, as he was about to head out on one last deployment. “Trying to find a property manager that I could trust to run my business while I was away was pretty tough,” said Larry Krieg. “This was something that was definitely lacking in my community.”&nbsp;The lackluster market for property managers in his community led Larry Krieg to take matters into his own hands and he began searching for local property management franchises. He came across PMI and the brand’s business model fit seamlessly with what Larry Krieg was looking for, in terms of both finding someone to manage his property while he was away and finding a <a href="https://1851franchise.com/propertymanagementinc/why-franchisee-patti-robertson-converted-her-business-to-property-management-inc-2710205#brand-latest-stories">new career path that would set him up for success</a>—and across multiple revenue streams at that.&nbsp;Before fully committing to buying a PMI location, Larry Krieg conducted an extensive amount of research on the brand, its training processes and its growth potential. “I did as much research as possible in my initial discovery stages,” he said. “I contacted people that were current franchise owners to gather their viewpoints and to hear any advice they could share for getting started. Each person I talked to was very helpful and it definitely helped in terms of making the decision easier.”In May of 2014, Larry Krieg opened his very own PMI location in Clarksville.Running his own property management business felt right in line with the skills he learned while serving in the military, helping him better run his business, Larry Krieg noted. “I started to realize that my military background provided the structure and discipline that would be helpful in the franchise world,” he said. “I also had years of leadership experience to help me better understand people, which has been beneficial as I’ve grown my team.”As Larry Krieg’s PMI location became more and more established, he knew <a href="https://1851franchise.com/propertymanagementinc/on-the-path-to-becoming-a-household-name-property-management-inc-continues-to-build-buzz-across-the-us-2709881#brand-latest-stories">investing in the company </a>was the right decision. “My business provides a service that I did not feel was being met successfully when I was looking for a property manager,” said Larry Krieg.&nbsp;Larry Krieg has&nbsp; experienced enough growth that he is now able to provide employment opportunities to people in his community as well as donate to different charities.&nbsp;To continue his upward trajectory, Larry Krieg plans on continuing to expand his PMI business’ reach within the community to add homeowners associations (HOAs) and short-term rental management to his service offering.&nbsp;Because Larry Krieg was a new-comer in his industry, he has a few pieces of advice to give other new-comers who are looking at getting into franchising. “Take your time and gather as much data as possible,” he noted. “Also, try and talk to people that have been doing what you are interested in, but are at different levels of the process. Find someone who has recently joined a franchise, someone who has been doing it for a year or two, then someone who has been doing it for three to five years. Talk to them all; you will definitely learn something.”The initial start-up investment for a Property Management Inc. franchise ranges from $21,250 to $106,800 and has a franchise fee ranging from $15,000 to $62,900. To learn more about franchise opportunities with Property Management Inc., visit <a href="https://propertymanagementincfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=veteran-larry-krieg-uses-the-skills-he-learned-serving-in-the-military-to-boost-his-career-with-property-management-inc-2711959" target="_blank" rel="nofollow">https://propertymanagementincfranchise.com/</a>.

Veteran Larry Krieg Uses the Skills He Learned Serving in the Military to Boost His Career With Property Management Inc. 

1851 Franchise

The PMI franchisee took matters into his own hands after purchasing a rental property and realizing his community had a gap in the market for accessible and knowledgeable property managers.

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

veteran-larry-krieg-uses-the-skills-he-learned-serving-in-the-military-to-boost-his-career-with-property-management-inc

Griswold

Griswold - Journal Record Agg - Dec 2025 - 1851 Franchise

Sisters Bring Global Humanitarian Experience Home to Oklahoma City With New Griswold Franchise

sisters-bring-global-experience-to-okc-home-care

SweatHouz

Helping Others ‘Step Into Wellness’ Drives Carrie Ratz’s Journey From Finance to SweatHouz Franchise Ownership

carrie-ratz-sweathouz-franchise-journey

Pigtails & Crewcuts

Pigtails & Crewcuts kids salon, St. Louis, Missouri expansion

Pigtails & Crewcuts Targets St. Louis for Growth, Seeking Family-Focused Entrepreneurs To Lead Expansion

pigtails-crewcuts-st-louis-franchise-expansion

Griswold Franchise - Agg - Lakewood Colorado - 1851 Franchise

Griswold Expands to Lakewood, Colorado, Bringing Nonmedical Home Care to Local Seniors

griswold-home-care-lakewood-golden-expansion

Jollibee

Jollibee Franchise - Texas Market Growth - 1851 Franchise

Why Jollibee Is Targeting Texas for Franchise Growth

jollibee-franchise-expansion-texas

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

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

Domino's Franchise - North Pole - Dec 2025 - 1851 Franchise

Domino’s Pizza Brings Delivery Cheer to North Pole, Alaska

dominos-pizza-franchise-north-pole-alaska

California Pizza Kitchen’s Sale Is the Latest in the Era of PE-Backed Turnarounds in Franchising

california-pizza-kitchens-sale-is-the-latest-in-the-era-of-pe-backed-turnarounds-in-franchising

Buying a fitness franchise, people exercising

Boutique vs. Big Box Gym Franchises: Which Offers Best ROI in the $7 Billion Fitness Market?

buy-fitness-franchise-boutique-big-box-comparison

Pieology Pizza Enters Chapter 11 Following Costly Bid To Save Struggling Stores

pieology-pizza-files-chapter-11-bankruptcy

CNBC: McDonald’s Will Assess if Franchisees Are Offering Value for Customers Under New Standards

mcdonalds-franchise-standards-value-metric

1851 Franchisee Spotlight graphic with photo of Eli Cohen, Layne's Chicken Fingers logo

C5 Restaurants Grows its Texas Footprint with 40 Layne’s Chicken Fingers Locations Planned Statewide

eli-cohen-laynes-chicken-fingers-texas

image of michael panos and michel panos, owners of mellow mushroom in Atlanta

What Makes Mellow Mushroom a Strong Franchise Investment? Insights From the Panos Family’s Metro Atlanta Portfolio

mellow-mushroom-franchise-panos-restaurant-group-metro-atlanta

image of jerome hanway from right at home Las Cruces, New Mexico 1851 franchise franchisee spotlight

Jerome Hanway Is Building His Right at Home Franchise Around His Mission To Serve

right-at-home-franchise-las-cruces-jerome-hanway

image of stephen westerman and matthew westerman, owners Fort Walton Beach Two men and a junk truck

Twin Brothers Move From Managers to Owners with New TWO MEN AND A JUNK TRUCK Franchise on the Gulf Coast

twin-brothers-two-men-and-a-junk-truck-fort-walton-beach

Photo of group of dogs standing together in day care facility

Top Pet Boarding and Day Care Franchise Opportunities for 2025

top-pet-boarding-daycare-franchises

Do You Qualify? A Look at the Chick-fil-A Franchise Requirements

do-you-qualify-a-look-at-the-chick-fil-a-franchise-requirements

Scenthound Franchise Costs, Fees, Profit and Data for 2025

scenthound-franchise-costs-fees-profit-and-data

The Top 15 Pet Supplies and Retail Franchises for 2025

the-top-15-pet-supplies-and-retail-franchises

Christmas Decor Franchise Costs, Fees, Profit and Data for 2025

christmas-decor-franchise-costs-fees-profit-and-data

Men In Kilts Franchise Costs, Fees, Profit and Data for 2025

Veteran Larry Krieg Uses the Skills He Learned Serving in the Military to Boost His Career With Property Management Inc.

MORE STORIES LIKE THIS