Real Property Management FDD – Franchise Information, Costs and Fees
Type of Business
A Real Property Management franchise permits you to operate a business providing property management services including the management of maintenance and repair services and rent collection. A Real Property Management franchise is generally granted within a metropolitan area that has a population of more than 100,000 people and more than 10,000 single family rentals. However, at the franchisor’s discretion, they may grant a franchise within an isolated metropolitan area that has a population of fewer than 100,000 people, and for existing franchisees, they may grant additional franchises within an area that has a population of less than 60,000.
Corporate Information
Real Property Management SPV LLC is a Delaware limited liability company organized on November 13, 2020. Their principal business address is 1010 North University Parks Drive, Waco, Texas 76707. Their predecessor and affiliate is Property Management Business Solutions, LLC, which is a Utah limited liability company that was formed on April 21, 2004. Predecessor was acquired by Dwyer Franchising, LLC d/b/a Neighborly on February 26, 2018.
Investment
The total investment necessary to begin the operation of a franchise ranges from $91,796 – $234,150. This includes $59,900 that must be paid to the Franchisor or an affiliate.