Real Property Management

About Real Property Management

In 1983, Kirk McGary and two friends began offering residential property management services in order to make money while attending college. Shortly after McGary graduated, his father was laid off, and McGary suggested that they start a property management company together. The company, which began franchising in 2004, offers residential and commercial property management services including marketing, leasing, maintenance, collections, evictions, accounting, inspections and legal compliance.

Franchise Units

YEARU.S.CANADIANINTERNATIONALCOMPANY OWNED
2015266600
2014255500
2013230501
2012217501
2011154501
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $56,550 - $99,900
Franchise Fee: $20,000 - $40,000
Ongoing Royalty Fee: 7%+
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
FINANCING TYPEIN-HOUSETHIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 days. Online training, 7 weeks; ongoing advanced training
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Online
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