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Real Property Management franchise financing options

Compare costs, fees and where to get financing for a Real Property Management.

Overall costs for Real Property Management run anywhere from $101,924 to $157,974. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Real Property Management franchise may result in higher or lower fees.

Franchise fees

Real Property Management franchise fees total around $55,000, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Franchise fee $55,000 to $55,000
Estimated total $55,000 to $55,000

Equipment fees

Equipment fees total $22,100 for Real Property Management. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Vehicle $3,000 to $30,000
Equipment and supplies $2,500 to $5,000
Signage $200 to $1,000
Furniture, fixtures and equipment $500 to $2,000
Estimated total $6,200 to $38,000

Real estate fees

Real estate will set you back $2,750 for Real Property Management, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Real estate and rent $500 to $5,000
Estimated total $500 to $5,000

Training fees

Real Property Management initial training costs total $1,500, which comes in under the nationwide average of $9,788.
Training Cost
Training, travel, lodging and food $1,000 to $2,000
Estimated total $1,000 to $2,000

Marketing costs

Advertisement and marketing costs total up to $5,000 for Real Property Management, beating out the nationwide average of $9,938.
Marketing Cost
Three months' of marketing $5,000 to $5,000
Estimated total $5,000 to $5,000

Licenses and permits costs

Real Property Management initial licenses and permits will set you back $750. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Licenses, permits and subscriptions $500 to $1,000
License fee The greater of (i) 7% of Gross Sales plus 3% of Maintenance Revenues and (ii) $250, except for roll-in sales.
Estimated total $500 to $1,000

Insurance costs

Initial insurance costs for Real Property Management run $3,750. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance $2,000 to $5,500
Estimated total $2,000 to $5,500

Administrative fees

Real Property Management administrative fees total up to $4,099 — which comes in under the overall nationwide average of $6,761.
Admin Cost
One-time setup fee and three months' subscription fee for property management software $1,024 to $1,024
Three months' software system fee $384 to $384
Three months' task management software, per user $66 to $66
Legal and accounting $250 to $5,000
Audit Cost of audit plus expenses, plus any amount owed as shown by the audit, plus interest and late fees.
Estimated total $1,724 to $6,474

Other expenses

Miscellaneous expenses for Real Property Management total $35,000 — less than the nationwide average of $69,970.
Other Cost
Three months' additional funds $30,000 to $40,000
Estimated total $30,000 to $40,000
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for Real Property Management is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Real Property Management franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Real Property Management about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $129,949 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

You have several options when it comes to financing a Real Property Management — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
  • Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
  • Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Real Property Management opening costs.
  • SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if Real Property Management franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $101,924. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
OnDeck small business loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
LendingClub personal loans for business
$1,000
$40,000
US citizen or permanent resident, verifiable bank account, steady source of income, ages 18+.
Get prequalified for a personal loan up to $40,000 to help you grow your business. Great for new business owners with at least fair credit.
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How Real Property Management stacks up

Compare how Real Property Management holds up against two similarly sized franchises.
American Poolplayers Association Real Property Management Fit4Mom
Average Franchise fees NA $55,000 $9,445
Average Equipment fees $3,690 $22,100 $1,425
Average Real estate fees NA $2,750 NA
Average Training fees $3,147 $1,500 $1,000
Average Inventory fees NA NA $500
Average Marketing fees NA $5,000 $250
Average Licenses and permits fees NA $750 $1,975
Average Insurance fees $479 $3,750 $430
Average Admin fees $2,060 $4,099 NA
Average Personnel fees NA NA NA
Average Other fees NA $35,000 $1,620

Bottom line

Real Property Management franchise costs run a total of $129,949. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

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