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Below is an in-depth analysis and side-by-side comparison of HouseMAXX vs Renters Warehouse including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $5,000 - $50,000 | $14,819 - $50,405 |
Franchise Fee | $12,500 | $1,000 - $10,000 |
Royalty Fee | - | 4.5% |
Advertising Fee | - | - |
Year Founded | - | 2007 |
Year Franchised | - | 2011 |
Term Of Agreement | - | 7 years |
Term Of Agreement | - | 7 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Available at headquarters: 5 days. At franchisee's location: 2 days. |
Support | - | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
Marketing | - | Co-op advertising, National media, Regional advertising, |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | Yes | - |
HouseMAXX is looking for exceptional business-oriented people to become Exclusive Territory Licensee/s in expanding our International FSBO Advertising services throughout the world! Successful candidates must be entrepreneurial in approach and passionate about developing their own territory. They must have strong people skills in order to communicate the HouseMAXX message to sellers, home owners and the general public. Knowledge of the internet, real estate and an interest in photography coupled with the keen desire to help people save thousands in real estate commissions would be an asset!
The Renter's Warehouse franchise offers a complete business model based on technology, operating systems, marketing programs and proven property management business tools.Renters Warehouse was named the largest and fastest growing property management company in Minnesota by Inc. Magazine. In addition to Minnesota, they are ranked #3 in the nation. Renters Warehouse is also considered the largest Minneapolis Property Manager. Renters Warehouse was featured #132 in the Inc. 500 for fastest growing privately held companies in America!
Renters Warehouse is America’s full-service property management and investment services company for Single-Family Rental homes.
We believe our clients deserve a partner to help them execute on their real estate investment strategy with ease. Our real estate investment marketplace services and hassle-free property management will help you to take the next steps to financial freedom.