Real Property Management Franchise FDD, Costs & Fees (2026)
Real Property Management offers professional property management services, assisting property owners with leasing, maintenance, and tenant management.
KEY FRANCHISE STATS
Franchisees
?
447
+
15%
15%
Franchise fee
?
$59,900
Investment
?
$92,000 - $234,000
Revenue (AUV)
?
Undisclosed
$226,000
+
-27.4%
-27.4%
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Real Property Management (RPM) stands as the largest residential property management franchise organization in North America, managing tens of thousands of properties for individuals, investors, and institutions across the country.
Founded in 1986 by entrepreneurs Kirk McGary and Doug Oler, RPM has grown from a single property management business into a vast network of independently owned and operated offices nationwide.
In 2005, McGary and Oler launched their first franchised office, marking the beginning of RPM's expansion across the United States and Canada. Today, RPM offers professional property management services, including tenant screening, leasing, maintenance, and evictions.
What sets Real Property Management apart is its commitment to delivering peace of mind to property owners by protecting their investments, minimizing costs, and maximizing income without interrupting daily life.
Initial investment
The initial investment required for a Real Property Management franchise is
$92,000 - $234,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$59,900
Marketing
$8,000 – $32,000
Real Estate/Rent
$2,250 – $9,000
Vehicle
$3,000 – $5,000
Insurance
$6,250 – $7,250
Equipment and Supplies
$2,500 – $5,000
Training, Travel, Lodging and Food
$1,000 – $3,000
Property Management Software
$1,028 – $3,500
System Technology Fee
$318 – $1,300
Task Management and Lead Management Software
$300 – $1,200
Licenses, Permits, Subscriptions
$750 – $2,000
Legal & Accounting
$1,500 – $5,000
Additional Funds (first 12 months)
$5,000 – $100,000
TOTAL
$91,796 – $234,150
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Type of Expenditure
Amount
Initial Franchise Fee
$59,900
Marketing
$8,000 – $32,000
Real Estate/Rent
$2,250 – $9,000
Vehicle
$3,000 – $5,000
Insurance
$6,250 – $7,250
Equipment and Supplies
$2,500 – $5,000
Training, Travel, Lodging and Food
$1,000 – $3,000
Property Management Software
$1,028 – $3,500
System Technology Fee
$318 – $1,300
Task Management and Lead Management Software
$300 – $1,200
Licenses, Permits, Subscriptions
$750 – $2,000
Legal & Accounting
$1,500 – $5,000
Additional Funds (first 12 months)
$5,000 – $100,000
TOTAL
$91,796 – $234,150
Franchise Disclosure Document
Below is Real Property Management's 2025 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Real Property Management had 447 total units in 2025, of which 447 were franchised-owned and 0 company-owned.
Real Property Management provides comprehensive training to its franchisees to ensure they deliver high-quality services. This training encompasses several key areas:
Property Management Fundamentals: Franchisees receive instruction on essential property management practices, including tenant relations, lease agreements, property maintenance, and legal compliance. This foundational knowledge is crucial for effective property management operations.
Marketing and Lead Generation: Training includes strategies for attracting property owners and tenants, utilizing both traditional marketing methods and digital platforms. This equips franchisees with the skills to effectively promote properties and services.
Technology Integration: Franchisees are trained to use proprietary software and other technological tools designed to streamline operations, manage client interactions, and maintain accurate financial records. Proficiency in these tools enhances efficiency and service quality.
Territory Protection
Real Property Management offers franchisees a designated territory with limited protection. Typically, this territory covers a population exceeding 100,000 people.
However, the franchisor reserves the right to establish or operate additional businesses in the same area, as long as there is no more than one additional location per 100,000 persons.
This arrangement provides franchisees with a substantial market while allowing strategic brand expansion. Prospective franchisees should carefully review the Franchise Agreement to fully understand the specifics of their territorial rights and any limitations. This ensures clarity and helps in planning business operations effectively.
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