Keyrenter Property Management Expands Northeast Presence
National Franchise Adds New Location in New England
May 01, 2020 // Franchising.com // MIDVALE, Utah - Keyrenter Property Management, a nationwide leader in residential property management, is growing its presence in the Northeast. The company is proud to announce the addition of a new franchise location, Keyrenter New England.
Business entrepreneurs Megan O’Leary and Chapin Hemphill are partners in Keyrenter New England. The office is based outside of Manchester, New Hampshire, and serves all of southern New Hampshire. The partners are capitalizing on the skill set they developed while building the brand’s first California location, Keyrenter Silicon Valley. Hemphill opened that office in 2015 and reached out to O’Leary, who was already a successful property manager.
Megan lives in New Hampshire and will run the day-to-day operations at the New England location. Hemphill remains in California but stays connected thanks to Keyrenter’s website and online tools. This system allows tenants to view properties, submit applications, sign documents, request maintenance, and communicate online 24/7.
“Keyrenter’s innovative business model allows us to do almost everything online, even when we’re on opposite coasts,” said Hemphill. “Before we discovered ownership opportunities available through Keyrenter, Megan and I worked together managing large residential communities with hundreds of units. We developed a great working relationship, friendship, and now business partnership.”
“The professional processes we’ve developed combines our previous property management experience with a strong franchisor like Keyrenter,” said O’Leary. “That allows us to give property owners and tenants the highest level of service and support. Chapin and I each have our own individual strengths. We’re a great team, and I’m looking forward to our success with Keyrenter New England.”
The new Keyrenter franchise is part of an aggressive three-year national franchise growth plan. The thriving franchise system anticipates growing to 130 franchise partners through 2022, representing more than a 200 percent increase in franchise partners over the next three years. Keyrenter expects to achieve $50 million in systemwide revenue by 2022.
Keyrenter’s CEO and Co-Founder, Aaron Marshall, says O’Leary and Hemphill are incredible examples of the growth potential of the Keyrenter brand.
“Megan and Chapin are the perfect fit for Keyrenter,” said Marshall. “They have the integrity, strong work ethic, and knowledge of the real estate property management industry to succeed in a second Keyrenter location. I’m excited to see what the future holds for this incredible business partnership.”
The Keyrenter franchise offers a low-overhead, high-profit, technology-based business model that is proven to generate passive recurring monthly income in the residential property management industry.
About Keyrenter Property Management
Keyrenter Property Management, based in Midvale, Utah, is the nation’s leading residential property management franchise. Founded in 2007, Keyrenter began franchising in 2014 to help aspiring business owners and real estate brokers capitalize on the more than 43 million households occupied by renters throughout the United States.
Keyrenter has quickly grown to 42 territories across 19 states. Thousands of client investors work with Keyrenter franchise partners from coast to coast to manage tens of thousands of properties in their portfolios. As the ratio of renters to buyers continues to rise, Keyrenter plans to expand to 68 or more locations by December 31, 2020.
Defined by its core values, Keyrenter is a household name known for its outstanding reputation and ongoing community service efforts powered by Keyrenter Cares. Frequently recognized as one of the “Best Places to Work,” Keyrenter attracts top talent at the national and local levels to make sure all customers receive elite customer service.
SOURCE Keyrenter Property Management
Comments:comments powered by Disqus
- Expansions & Growth
- Financial & Earnings Claims
- Mergers & Acquisitions
- Personnel Changes
- General Announcements
- Conferences & Events
- Product Announcements
- Media Coverage
- Strategic Alliances