
Real Property Management
Real Property Management (RPM) is the national leader in residential property management, with more than 40 years of industry experience and over 465 offices across the United States. Ranked the #1 property management franchise in its category in the Entrepreneur Franchise 500® for the past three years, RPM sets the standard for operational excellence, technology, compliance, and customer service. The U.S. rental market continues to grow, with more than one-third of the population renting and roughly 45 million residential rental properties nationwide. RPM franchise owners are well positioned to capitalize on this demand by helping real estate investors protect, manage, and grow their property portfolios. RPM franchisees generate multiple recurring revenue streams through leasing, property management, and maintenance services, with management agreements often lasting up to five years. Investors typically own portfolios of 2–20 properties, creating strong retention and predictable income. While the core model focuses on single-family and small multi-family property management, many owners also manage student housing, larger multi-family communities, and HOAs. Because a real estate license is required, franchise owners may also buy and sell investment properties, and many invest in real estate themselves. With some franchisees managing portfolios of 6,000+ doors and more than 25% operating multiple territories, RPM offers a scalable, recession-resistant model within one of the world’s largest asset classes—supported by a nationally recognized brand and proven systems.
Your franchise match score
Real Estate
Brand highlights
- CEOMichael Anthony Davis
- Headquarters1010 North University Parks Drive, Waco, TX, 76707
- Year founded1986
- Year started franchising2006
- IndustryReal Estate
- Locations open447 (+87 last three years)
Statistics & metrics
- Investment range$99,341 - $244,302
- Franchise fee$69,900
- Royalty8%
- Brand fund2% MAP
- Required Liquid Capital$50,000
- Required Net Worth$250,000
- Average Revenue per residential customer$4552
- Annual Revenue per Property Unit$4743 per door
Brand superpowers
40+ years of industry experience
Capitalize on booming RE investment market
Recurring revenue
Recession resistent
Scalability
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Ideal candidate profile
Owner Operator Preferred
Relationship Builder
Passion to Help People
No Industry Experience Required
Values Outstanding Customer Service
Strong Sales Ability
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2025-04-01
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Real Property Management, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Real Property Management franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Real Property Management franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Real Property Management franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Real Property Management. | |
| Financial Performance Representations | Review any financial performance information Real Property Management provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 447 |
| Franchise locations | 447 |
| Corporate locations | 0 |
System growth over time
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