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Keyrenter Property Management

Keyrenter is the best franchise solution to residential property management. Its proven business model generates recurring monthly revenue and helps retain clients for life. It's emphasis on technology and fully integrated personal website enables business owners the ability to work from virtual office.

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Keyrenter Property Management

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Keyrenter Property Management Franchise Cost and Requirements for 2023

Background

All of our systems are engineered to reduce time, effort and stress while you and your clients generate a recurring monthly income and build real equity toward retirement. If your personal goals include wealth accumulation and improved quality of life, Keyrenter Property Management Franchise may be right for you.

For entrepreneurs looking for the perfect franchise fit, a primary consideration should be the industry. Research should include market trends, economic indicators and how they can affect the potential success of your business. Many factors make property management the perfect choice. In fact, The Great Recession and financial market crisis have created a meteoric business trend in real estate, resulting in a prime opportunity for the residential property management sector.
  • The ratio of renters to buyers is on the rise.
  • Tightened lending restrictions and low household incomes discourage home ownership.
  • The need for professional property managers is growing.
  • People always need a place to live.
These factors have caused a "perfect storm effect" resulting in a $69 billion industry that will continue to grow. According to research published by The Joint Center For Housing Studies of Harvard University:
  • There are 43 million households renting in the United States
  • Renters constitute 37 percent of all households
  • The 2000s marked the strongest decade of renter growth averaging 500,000 annually
  • Over the past three years renter growth has averaged 1.25 million
  • Most rentals consist of single-family dwellings and 2-4 unit structures
  • 20 Percent of rentals are in high-income neighborhoods
  • There has never been a better time for a Keyrenter Franchise

Why Keyrenter?

  • Prime territory availability in most major metro markets;
  • Recurring revenue model in booming rental industry;
  • Validates very well with franchise owners;
  • Outstanding ongoing training and support witih access to leadership;
  • We handle online marketing, website, social media posts, PPC, lead generation, etc.
  • No employees at startup;
  • Outstanding support.We do all of the online marketing and provide accounting support.

Our business validates very well with existing zees.

Company Details

  • Founded in 2007
  • First Unit Franchised: 2014
  • Franchised Units: 60
  • Company Owned Units: 2
  • 7,850 Doors Under Management Today
  • States Registered In: All states except: Hawaii, Indiana, Minnesota, Rhode Island, South Dakota, Washington 
  • Canada Franchises: No
  • International Franchises: No
  • Owner operator: Yes
 

Support and Training Offered By Keyrenter Property Management

Financial Assistance Provided: Yes

Site Selection Assistance: Yes

Lease Negotiation Assistance: Yes

Recruiting Assistance: Yes

Co-Operative Advertising: Yes

Training: Initial training includes 4 days at KeyUniversity in Salt Lake City. Ongoing training library available online in form of operation manuals, documents, handbooks, checklists, videos, webinars, and conference calls. Weekly 1-hr kickstart call. Annual Keyrenter Summit.

Other Info: This is a relationship business that is dependent on great customer service and good reviews. Candidate must have a secondary source of income to survive 6-12 month ramp-up stage. 45 of 50 State require a real estate broker license but this should not be a deterrent. Brick & mortar office is typically required by law but paperless business model enables virtual supervision from almost anywhere with secure internet access.

2023 Franchise Requirements Needed to Own a Keyrenter Property Management Franchise.

What does a Keyrenter Property Management Franchise Cost?

Keyrenter Property Management franchise fees for 2023:

Cash Investment: $55,000; $60,000 E-2 Candidates

Total Investment: $101,000 - 178,000

Minimum Net Worth: 150,000

Franchise Fee: $40,000

E2 Visa Fee: $5,000 (if applicable)

Additional Fees due at closing:

$5,000 Training Fee

$10,000 Business Setup Package

Ad: 1%

Royalty: 7%

Average Number of Employees: 0

Item 19: Yes

Visa Candidates: Yes

Passive Ownership: No

Home Based: Yes, depending on state requirements

B2B: No

Master Franchise Opportunities: No

Veteran Discount: Yes, 20% off of the $40,000 franchise fee. ($8,000 off, bringing the veterans franchise fee to $32,000 with the discount).

Is Keyrenter Property Management a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Keyrenter Property Management is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Keyrenter Property Management a Home Based franchise?

Yes. Keyrenter Property Management is a home based franchise opportunity.

What Do Keyrenter Property Management Franchise Owners Make?

Click here to find out how much Keyrenter Property Management franchisees make. Keyrenter Property Management offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Keyrenter Property Management a Master Franchise Opportunity?

No. Keyrenter Property Management is not a master franchise opportunity.

Does Keyrenter Property Management Offer a Veteran Discount?

Yes. Keyrenter Property Management franchise does offer a veteran discount.

Does Keyrenter Property Management Work with E2 Visa and EB-5 Visa Candidates?

Yes. Keyrenter Property Management franchise does work with E2 Visa and EB-5 Visa candidates.

Is Keyrenter Property Management Looking for Franchisees in Canada?

No. Keyrenter Property Management franchise is not looking for Canada franchisees.

Is Keyrenter Property Management Looking for International franchisees?

No. Keyrenter Property Management franchise is not looking for International franchisees.

Additional Information

Additional Categories

Real Estate, Non Food Franchises

Number of Units Open

50-100 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Keyrenter Property Management Franchises for Sale

Click Here to inquire about existing Keyrenter Property Management franchises for sale. We may have Keyrenter Property Management franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

Franchises Similar to Keyrenter Property Management

COHATCH, Zones Landscaping, The HomeTeam Inspection Service, Caring Transitions, Majestic Residences, Valmis Property Renewal, Blue Moon Estate Sales, Century 21, RE/MAX, Berkshire Hathaway HomeServices, Keller Williams, NextHome, HomeSmart, City2Shore National Franchises, Avendelle Assisted Living, Vegan Fine Foods, Beauty Bungalows

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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