Start-Up Costs and Fees |
||
| Welcome Home Rents Home | Property Management Inc. | |
| Investment | 49900 - 87400 | 42550 - 166600 |
| Franchise Fee | ||
| Royalty Fee | Greater of $62.50 or 0.5% of Gross Revenues paid monthly | 7% |
| Advertising Fee | 1% | up to2% |
| Year Founded | 2010 | 2008 |
| Year Franchised | 2010 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Welcome Home Rents Home | Property Management Inc. | |
| Experience | Trustworthy Conscientious Ability to develop relationships quickly Personable and outgoing. | |
Financing Options |
||
| Welcome Home Rents Home | Property Management Inc. | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Welcome Home Rents Home | Property Management Inc. | |
| Training | Comprehensive training through Welcome Home University. | On-The-Job Training: 47-73 hours Classroom Training: 31 hours Additional Training: Online training |
| Support | Access to professionally designed forms, letters, and checklists. Training and support of our proprietary management software. Access to our local and national vendors to manage and promote your properties. | The goal of our system is to enable our franchise owners to focus on the things that work and avoid costly and time consuming mistakes. PMI has trained and experienced people who will train you in every aspect of the business. There are people to call for help. There are people who will come to your place of business to show you the way. When you are successful, Property Management Inc. is successful. Our comprehensive training and support package ensures our franchisees are fully equipped to launch and develop their PMI business. Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 | |
Expansion Plans |
||
| Welcome Home Rents Home | Property Management Inc. | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Worldwide, Afghanistan, Albania, Algeria, American Samoa, Andorra, Anguilla, Antigua & Barbuda, Argentina, Aruba, Australia, Austria, Azores, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bolivia, Bonaire, Bosnia, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Canary Islands, Cape Verde Islands, Cayman Islands, Central African Republic, Chad, Channel Islands, Chile, China, Colombia, Congo, Cook Islands, Costa Rica, Croatia, Curacao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, England, Equitorial Guinea, Eritrea, Estonia, Ethiopia, Faeroe Islands, Federated States of Micronesia, Fiji, Finland, France, French Guiana, French Polynesia, Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Holland, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Ivory Coast, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Kosrae, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Madeira, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mexico, Moldova, Monaco, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand, Nicaragua, Niger, Nigeria, Norfolk Island, Northern Ireland, Northern Mariana Islands, Norway, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Ponape, Portugal, Puerto Rico, Qatar, Republic of Yemen, Reunion, Romania, Rota, Russia, Rwanda, Saba, Saipan, Saudi Arabia, Scotland, Senegal, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Sri Lanka, St. Barthelemy, St. Christopher, St. Croix, St. Eustatius, St. John, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Martin, St. Thomas, St. Vincent & the Grenadines, Sudan, Suriname, Swaziland, Sweden, Switzerland, Syria, Tahiti, Taiwan, Tajikistan, Tanzania, Thailand, Tinian, Togo, Tonga, Tortola, Trinidad & Tobago, Truk, Tunisia, Turkey, Turks & Caicos Islands, Tuvalu, Uganda, Ukraine, Union Island, United Arab Emirates, United Kingdom, United States, Uruguay, US Virgin Islands, Uzbekistan, Vanuatu, Venezuela, Vietnam, Virgin Gorda, Wake Island, Wales, Wallis & Futuna Islands, Western Samoa, Yap, Yugoslavia, Zaire, Zambia, Zimbabwe |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Welcome Home Rents Home | |
| Property Management Inc. | |
| Franchise Fee | |
| Welcome Home Rents Home | |
| Property Management Inc. | |
| Royalty Fee | |
| Welcome Home Rents Home | Greater of $62.50 or 0.5% of Gross Revenues paid monthly |
| Property Management Inc. | 7% |
| Advertising Fee | |
| Welcome Home Rents Home | 1% |
| Property Management Inc. | up to2% |
| Year Founded | |
| Welcome Home Rents Home | 2010 |
| Property Management Inc. | 2008 |
| Year Franchised | |
| Welcome Home Rents Home | 2010 |
| Property Management Inc. | 2008 |
| Term Of Agreement | |
| Welcome Home Rents Home | 10 years |
| Property Management Inc. | |
| Renewal Fee | |
| Welcome Home Rents Home | |
| Property Management Inc. | |
Business Experience Requirements |
|
| Experience | |
| Welcome Home Rents Home | Trustworthy Conscientious Ability to develop relationships quickly Personable and outgoing. |
| Property Management Inc. | |
Financing Options |
|
| Franchise Fees | |
| Welcome Home Rents Home | |
| Property Management Inc. | |
| Start-up Costs | |
| Welcome Home Rents Home | |
| Property Management Inc. | |
| Equipment | |
| Welcome Home Rents Home} | |
| Property Management Inc. | |
| Inventory | |
| Welcome Home Rents Home | |
| Property Management Inc. | |
| Receivables | |
| Welcome Home Rents Home | |
| Property Management Inc. | |
| Payroll | |
| Welcome Home Rents Home | |
| Property Management Inc. | |
Training & Support |
|
| Training | |
| Welcome Home Rents Home | Comprehensive training through Welcome Home University. |
| Property Management Inc. | On-The-Job Training: 47-73 hours Classroom Training: 31 hours Additional Training: Online training |
| Support | |
| Welcome Home Rents Home | Access to professionally designed forms, letters, and checklists. Training and support of our proprietary management software. Access to our local and national vendors to manage and promote your properties. |
| Property Management Inc. | The goal of our system is to enable our franchise owners to focus on the things that work and avoid costly and time consuming mistakes. PMI has trained and experienced people who will train you in every aspect of the business. There are people to call for help. There are people who will come to your place of business to show you the way. When you are successful, Property Management Inc. is successful. Our comprehensive training and support package ensures our franchisees are fully equipped to launch and develop their PMI business. Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Welcome Home Rents Home | |
| Property Management Inc. | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Welcome Home Rents Home | |
| Property Management Inc. | Absentee Ownership Allowed Number of Employees Required to Run: 1 |
Expansion Plans |
|
| US Expansion | |
| Welcome Home Rents Home | |
| Property Management Inc. | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Welcome Home Rents Home | |
| Property Management Inc. | |
| International Expansion | |
| Welcome Home Rents Home | |
| Property Management Inc. | Worldwide, Afghanistan, Albania, Algeria, American Samoa, Andorra, Anguilla, Antigua & Barbuda, Argentina, Aruba, Australia, Austria, Azores, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bolivia, Bonaire, Bosnia, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Canary Islands, Cape Verde Islands, Cayman Islands, Central African Republic, Chad, Channel Islands, Chile, China, Colombia, Congo, Cook Islands, Costa Rica, Croatia, Curacao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, England, Equitorial Guinea, Eritrea, Estonia, Ethiopia, Faeroe Islands, Federated States of Micronesia, Fiji, Finland, France, French Guiana, French Polynesia, Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Holland, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Ivory Coast, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Kosrae, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Madeira, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mexico, Moldova, Monaco, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand, Nicaragua, Niger, Nigeria, Norfolk Island, Northern Ireland, Northern Mariana Islands, Norway, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Ponape, Portugal, Puerto Rico, Qatar, Republic of Yemen, Reunion, Romania, Rota, Russia, Rwanda, Saba, Saipan, Saudi Arabia, Scotland, Senegal, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Sri Lanka, St. Barthelemy, St. Christopher, St. Croix, St. Eustatius, St. John, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Martin, St. Thomas, St. Vincent & the Grenadines, Sudan, Suriname, Swaziland, Sweden, Switzerland, Syria, Tahiti, Taiwan, Tajikistan, Tanzania, Thailand, Tinian, Togo, Tonga, Tortola, Trinidad & Tobago, Truk, Tunisia, Turkey, Turks & Caicos Islands, Tuvalu, Uganda, Ukraine, Union Island, United Arab Emirates, United Kingdom, United States, Uruguay, US Virgin Islands, Uzbekistan, Vanuatu, Venezuela, Vietnam, Virgin Gorda, Wake Island, Wales, Wallis & Futuna Islands, Western Samoa, Yap, Yugoslavia, Zaire, Zambia, Zimbabwe |