Real Property Management
Provides third-party property management services for property owners, including tenant screening and placement, leasing, rent and fee collection, maintenance coordination, evictions, accounting, and marketing for residential, commercial, REO, vacation rental, and common interest community properties.
Your franchise match score
Real Estate
Brand super powers
40+ years of industry experience
Capitalize on booming RE investment market
Recurring revenue
Recession resistent
Scalability
Brand highlights
- CEOMichael Anthony Davis
- Headquarters1010 North University Parks Drive, Waco, TX, 76707
- Year founded2004
- Year started franchising2005
- IndustryReal Estate
- Locations open447 (+87 last three years)
Statistics & metrics
- Investment range$99,341 - $244,302
- Franchise fee$59,900
- RoyaltyThe greater of (i) 7% of Non-Maintenance Gross Sales plus 3% of Maintenance Revenues or (ii) the Minimum License Fee described below
- Brand fund2% MAP
- Required Liquid Capital$5,000
- Required Net Worth$250,000
Learn more about the Real Estate industry:
Real estate franchises include brokerage firms, property management, and inspection services. This industry is ideal for those with a strong network and an interest in the property market.
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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. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Real Property Management's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Real Property Management, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Real Property Management franchise, including startup costs and working capital estimates. | |
| 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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