Property Managers - Franchise or Independent?

[Drew Carpetner]

Hi all,

I'm in the market to acquire a property management company/portfolio and was wondering if anyone could speak to the reality of going the franchise route. 

I've spoken with PMI and their offering looks solid but I'm really wondering if it's worth the royalty fee. I'm happy to pay for systems to save time and guidance but the fee seems ambitious and I don't love the idea of forking over large percentage of profits to be told what I can and can't do with the company.

Does anyone here own a property management franchise (any) that would be willing to speak to their experience and if they think it was worth it, or not?

I'm hoping to find an existing independent PM or franchise to acquire in the next 18 months in the Denver area.   

Would also love to speak over phone/zoom if anyone is willing. 

Thanks in advance!

-Drew Carpenter