Real Property Management Franchise FDD, Profits & Costs
Real Property Management (RPM) is a leading franchise in the property management industry, founded in 1986 and headquartered in Salt Lake City, Utah.
RPM has established itself as the largest single-family property management organization in North America, with a substantial presence across the continent. Real Property Management began franchising in 2005.
The franchise focuses on managing single-family homes, townhomes, condos, multiplexes, and small apartment buildings for rental property owners.
RPM differentiates itself through a comprehensive support system for franchisees, including integrated digital marketing, operations support, and the benefits of being part of the Neighborly® franchise system, known for its national reputation and extensive network.
Initial Investment
How much does it cost to start a Real Property Management franchise? It costs on average between $92,000 – $234,000 to start a Real Property Management franchised business.
This includes costs for office setup, technology, marketing materials, and initial operating expenses. The exact amount depends on various factors, including the location, the size of the territory, and whether the franchisee chooses to lease or purchase the office space.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $59,900 |
| Marketing | $8,000 to $32,000 |
| Real Estate/Rent | $2,250 to $9,000 |
| Vehicle | $3,000 to $5,000 |
| Insurance | $6,250 to $7,250 |
| Equipment and Supplies | $2,500 to $5,000 |
| Training, Travel, Lodging and Food | $1,000 to $3,000 |
| Property Management Software | $1,028 to $3,500 |
| System Technology Fee | $318 to $1,300 |
| Task Management and Lead Management Software | $300 to $1,200 |
| Licenses, Permits, Subscriptions | $750 to $2,000 |
| Legal & Accounting | $1,500 to $5,000 |
| Additional Funds (first 12 months) | $5,000 to $100,000 |
| TOTAL | $91,796 to $234,150 |
Real Property Management Franchise Disclosure Document
Frequently Asked Questions
What funding options are available for a Real Property Management franchise?
Most franchise buyers in Real Property Management’s investment range finance their unit through an SBA 7(a) loan, with some multi-unit operators using SBA 504 loans for real estate. Buyers with rollable retirement funds sometimes use a ROBS structure to reduce debt service. See SharpSheets’ financial model hub for funding guidance.
How long does it take to pay back a Real Property Management franchise investment?
Payback periods for franchises in Real Property Management’s category typically run 3-7 years, depending on investment level, location performance, and financing structure. Actual payback varies significantly by unit performance and debt service obligations.
Who owns Real Property Management?
Real Property Management is owned by Neighborly, a leading franchisor of home services brands. Neighborly, formerly known as Dwyer Group, is recognized for its extensive portfolio of service-based franchises that cater to homeowners and businesses, providing a wide range of professional services.
SharpSheets Editorial Team | sharpsheets.io | Last Updated: June 2026
Disclaimer
Disclaimer: This content has been made for informational and educational purposes only. SharpSheets is an independent educational resource and is not affiliated with, endorsed by, or representing any franchisor mentioned on this website. Where noted, figures are taken from the franchisor’s Franchise Disclosure Document (FDD). In some cases, we may provide independent calculations or estimates based on publicly available information. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.
