Renters Warehouse
Renters Warehouse provides property management, tenant placement, and residential real estate services for owners and others responsible for single-family homes, condominiums, townhomes, and apartments. We help clients lease, maintain, buy, and sell rental properties, with services built around day-to-day property oversight and finding qualified tenants. Our business operates as a real estate services platform supported by approved tools and related products such as online listing advertising, rental property search data, and tenant background and credit reports. We serve property owners and leasing professionals who need help managing rental housing and handling transactions in the residential market.
Your franchise match score
Real Estate
Brand highlights
- CEOKevin Ortner
- Headquarters13200 Pioneer Trail, Eden Prairie, MN, 55347
- Year founded2010
- Year started franchising2011
- IndustryReal Estate
- Locations open25 (-2 last three years)
Statistics & metrics
- Investment range$14,819 - $50,405
- Franchise fee$0
- RoyaltyThe greater of $1,000 per month or 5% of Monthly Gross Revenues (Notes 3, 4)
- Brand fundUp to 2% of Gross Revenues (currently, 1% of Gross Revenues)
- Required Liquid CapitalN/A
- Required Net WorthN/A
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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: 2019-10-17
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Renters Warehouse, 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 Renters Warehouse franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Renters Warehouse franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Renters Warehouse 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 Renters Warehouse. | |
| Financial Performance Representations | Review any financial performance information Renters Warehouse provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 25 |
| Franchise locations | 15 |
| Corporate locations | 10 |
System growth over time
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