• Real Property Management Slider-1

Real Property Management - Franchise


Quick Summary

Ranked #1 Property Management franchise by Entrepreneur Franchise 500® for the last 3 years.

$99,341 - $244,302 initial investment range—refer to 2026 Real Property Management FDD for details. $250K net worth required.

Request free info and one of our franchise experts will be in touch!

*Please contact "Real Property Management" to confirm the accuracy of any information provided on this page.

Real Property Management Business Cost, Fees & Facts for 2026

Minimum Cash Required $50,000
Year Founded 1986
# of Existing Units 460
Training & Support Yes
Military/Veteran Promotion Yes
View More Quick Facts

Available In These States:

We are currently accepting inquiries in these states:
  • AK
  • AL
  • AR
  • AZ
  • DC
  • DE
  • HI
  • IA
  • ID
  • IN
  • KS
  • KY
  • LA
  • ME
  • MI
  • MN
  • MO
  • MS
  • MT
  • ND
  • NE
  • NH
  • NJ
  • NM
  • NV
  • OH
  • OK
  • OR
  • PA
  • RI
  • SC
  • SD
  • VT
  • WA
  • WI
  • WV
  • WY

International Availability:

Accepting In These Countries:
  • United States and Canada
  • Overview
  • Military & Veteran
  • Video
  • Press Releases

Real Property Management - Franchise

Since 1986, Real Property Management has provided a variety of property management services as a nationally recognized industry leader. Franchise owners in more than 450 locations experience the benefits of Real Property Management’s proven business model, including:

Recurring Revenue: With a service offering that includes fees from leasing, management, and maintenance, your cash flow stream is steadier and more predictable than most franchises. As members of the National Association of Residential Property Managers, customers can rely on the professional expertise of our franchise owners.

No Industry Experience Required: By utilizing an executive ownership model where you make the decisions and manage your own business, you'll be able to take advantage of the largest single-family residential property management franchise in North America.

Award-Winning Recognition: With more than 40 years of success, Real Property Management has been recognized by leading organizations within the franchising space, such as Entrepreneur Franchise 500®, Franchise Business Review Top 200, and Franchise Times Top 400®.

Why Choose Real Property Management?

Real Property Management is proud to be a part of Neighborly®, the world’s leading home services franchisor with 19 brands and more than 5,500 locations focused on repairing, maintaining, and enhancing properties. Utilizing decades of experience and scale from this multi-brand portfolio, our franchise owners enjoy distinct advantages like:

Prime Territories: With available territories in some of the fastest-growing markets, there’s ample space and demand to establish your franchise. Better yet, thanks to designated territories, you’ll be able to collaborate and share best practices with other Real Property Management locations instead of compete for the same customers.

ProTradeNet® Buying Power: Exclusively available to Neighborly brand franchise owners, you’ll have access to discounts and rebates from over 250 preferred vendors. In 2025, Neighborly brand franchise owners earned a collective $8.3M in rebates.

15% Veteran Discount**: We are proud to partner with VetFran and offer franchise fee discounts for qualified veterans. With more than 425 current Veteran owners across Neighborly brands, we’re committed to helping transitioning and current Veterans achieve their business goals.

Training & Support

Real Property Management franchise owners benefit from specialized training, operations, and support systems, including:

Training Program & Business Coach: In-depth marketing and sales training as you get started, plus a consultant to answer questions and provide guidance as you grow.

Local & National Marketing Expertise: SEO & PPC guidance set the stage for integrated plans and tactics in your market that focus on customer acquisition, retention, and reactivation.

Ongoing Education & Owner Collaboration: Comprehensive opportunities such as regional training events and national conferences to ensure you have the knowledge to function at the top of your game.

Digital Integration: In an increasingly tech-focused world, local landing pages, social media presence, and custom sales support software make it easier to provide the best experience for customers.

Ideal Candidate

Our franchise owners come from all walks of life. Some have held positions in corporate environments and are looking for a career change, while others have worked in the industry and are looking to lead their own business. No matter their background, our franchise owners embody characteristics such as:

  • Entrepreneurial spirit driven to set and achieve goals
  • Desire to build genuine relationships with customers, employees, and other franchisees
  • Commitment to delivering consistent, high-quality service
  • Accountable to financial responsibilities and requirements

The culture across the entire family of brands is embodied by the Neighborly Code of Values, which emphasizes the importance of fostering a set of ideals that guide the organization. These elements, while small to some, set Neighborly and Real Property Management franchise owners apart from the competition.


* Refer to Item 19 of the 2026 Real Property Management SPV LLC Franchise Disclosure Document (FDD) for complete details.

** Refer to Item 5 of the 2026 Real Property Management SPV LLC Franchise Disclosure Document (FDD) for complete details.

Real Property Management offers 15% off initial franchise fee for qualified veterans.

14 Jan, 2025 - All 19 Neighborly® North American Brands Named Among the Top Franchises in Entrepreneur Magazine’s Franchise 500® Ranking
Details
12 Jan, 2023 - 16 NEIGHBORLY® BRANDS RANKED AMONG TOP FRANCHISES IN ENTREPRENEUR’S HIGHLY COMPETITIVE FRANCHISE 500®
Details
3 Dec, 2015 - Real Property Management Finds DIY Landlords Spend Too Much Time and Money Managing Rentals
Details
18 Dec, 2020 - Neighborly Named to Inc.'s Inaugural Best in Business List in Enduring Impact
Details
15 Feb, 2021 - Neighborly Experiences Unprecedented Network Growth in 2020, Plans for Continued Expansion in 2021
Details
24 Mar, 2021 - Neighborly® Helps Homeowners Prepare for Spring with Annual Maintenance Checklist
Details
17 Jan, 2023 - Eight Neighborly® Brands Named by Franchise Business Review as Top Franchises of 2023
Details

Thank You for Your Interest in this Franchise Opportunity!

Great news! Real Property Management has reached its current goals thanks to high demand. More franchise and business opportunities are coming soon, sign up here for updates and be the first to know! Below are a few other suggestions to start with.

Add Franchises To Basket
For Free Information

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.