Why Now Is the Time to Invest in a Property Management Inc. Franchise

Property Management Inc (PMI), a rapidly growing real estate franchise with 400-plus locations, is becoming increasingly popular as the brand grows in scope and size. With a powerful property management network and a presence all over the nation, PMI ownership is a hot commodity with attractive benefits. 

Between the multiple service offerings of Property Management Inc. and many interesting happenings in the housing market, there has never been a better time to become a franchisee.

Rental Market Is in High Demand 

With the real estate economy for buyers and selling being as tumultuous as it is, the rental market is reaping the rewards. Demand is higher than ever as more people turn to rentals because they can't afford home ownership or don't think buying right now is a wise decision. 

“We've never really seen a hotter rental market in our country's history in terms of very low vacancies. That's great for property managers to have properties filled up,” says Steve Hart, President, CEO, and co-founder of PMI.

Additional Streams of Revenue

PMI’s business model is designed to maximize profitability across four pillars—residential, commercial, association, and short-term rentals. 

Vacationing is starting to take off again post-pandemic, so rental units are seeing high demand and high prices — and are selling out fast. “More Americans are choosing to stay in Airbnb places and VRBOs over hotels, and our franchise network is benefiting from that unprecedented transformation of this travel stay experience. We're positioning our franchisees to be in a great spot as that market grows,” Hart explains. 

And PMI’s second most popular service is HOA and association management, which is growing fast. Most new communities require HOAs, and many property managers get inquiries for management opportunities. 

Conversion and Consolidation Opportunities

Many real estate agents are experiencing a cap with the state of the current market. That can be worrisome in terms of the future, but by converting to a PMI franchise, a whole new world of opportunities will be available to them. 

PMI also focuses on consolidation deals with smaller property management groups and their management portfolios. The brand helped franchisees acquire over 60 property management businesses last year and is on track to exceed that in 2022. 

“With 400 locations, the franchise has a competitive advantage to acquire businesses anywhere in the nation. These numbers make us the largest buyer of property management businesses in the country,” Hart says.