Nexus Property Management™ Expands To Destin Florida!
On behalf of Nexus Property Management™ we would like to congratulate our next and newest franchisee MJ! MJ has just completed his training here at Nexus’ corporate headquarters in Pawtucket, Rhode Island. During training MJ was able to learn and experience (first hand) how successful our business model is when executed properly. In addition to his office training, MJ had the ability to do a great deal of in the field, hands-on education as well. To top it off, MJ paid a visit to Nexus’ 1st ever franchised location in Fall River, Massachusetts to witness how successful the Pachon’s have become! Within just 1 week MJ was able to head back home to Florida 100% ready to go on his own!
MJ will be opening his office in the Florida panhandle near Panama City Beach. We had the official ribbon cutting ceremony for him at our headquarters just last week!
Perfected Business Model
The beauty of the Nexus Property Management™ franchise model is that no matter where you are in the world there is a way that our processes can be utilized and optimized to their potential. MJ will not only handle traditional rental properties, but also offer his services to vacationers to boot. MJ will be enjoying a protected territory of which only HE can operate in. The beauty of it is that Nexus’ franchise model is so new that there are only a few locations nationwide. So, once he gets his office up and running he plans to expand into Louisiana and Alabama. When this occurs franchisees pay a reduced franchise fee too!
Recession Proof Industry
There are two attractive sides to the current real estate story and both point toward its being an optimal arena for profit and a worthwhile experience. On the one hand, more and more professionals are getting into real estate. Many successful people see property ownership as an attractive second or third career. Many Americans have been affected by the recent economic downturn and may be exploring real estate as they may have been laid off, retired early, or are simply looking for more flexibility and earning potential. Combine historically low mortgage rates with the reliability of the housing market and it’s obvious why so many Americans are buying up property.
The second piece of this puzzle revolves around many of the same variables, but instead we focus on the increased demand for tenancy as home ownership becomes harder and harder for younger people buried with college debt or those who look to urban areas to capitalize on high tech industries and financial and medical services. As millennials come of age, home ownership rates have dropped to about 63% and unemployment and underemployment have decreased the stability that would typically be needed for a mortgage. Luckily there are more and more rental opportunities thanks to the growth in ownership mentioned above. In both cases, on the ownership side and the tenancy side, the rental property market is exploding!
Efficient Operations Provide Value To Owners, Tenants, & Franchisees.
For these reasons, effective property management has never been in higher demand and has never had a larger platform for success. At Nexus™, we pride ourselves on finding solutions to obstacles so that all parties involved benefit. We are excited to expand our expertise to a region near you! By purchasing a Nexus Property Management™ franchise you can take advantage of this booming market by joining us as we redefine property management. You will receive guidance and support throughout the franchising process, including on location training and our online educational platform. You will have access to our personnel for questions, ongoing training and support by phone, intranet portal, and email during regular business hours. We will continually consult with and advise franchisees regarding operations, supplies and products, marketing and advertising, and we will provide a dedicated phone line to all franchisees to answer any questions that should arise.
Modern Technology Improves An Old Business.
Property management is not a new vocation, but the Nexus Property Management™ model approaches management in a revolutionary way. Where property management is commonly seen as a supplemental service for those who choose to take advantage of it, it is our goal to create an atmosphere where management becomes the norm for all rental property. Instead of simply focusing on collecting rents, fixing railings and toilets, or placing tenants, at Nexus™ our mission is to create value for all parties, owners and tenants alike. We treat all properties like an investment and we strive to turn an over-burdened holder of a rental property into an empowered real estate investor.
Before showing a tenant a rental unit, we ensure that they view our virtual tour and photos, make a list of questions they may have, and that they go see the area adjacent to the property. We want them to get to know the neighborhood; to make sure they’re aware that they may be near a school, or possibly a 24 hour gas station. In essence, we want them to do their “homework” before they make a major life decision. In much the same way, we encourage you to read through the remainder of our site by following the links to the right or at the bottom of each page. If at the end of your “homework” you have interest or further questions, please fill out the Franchise Consultant form in the bottom right corner of any page. It is an exciting time to work in real estate and we at Nexus™ appreciate the opportunity to bring our Nexus Property Management™ franchise to other regions so we can continue to revolutionize the management of rental properties across the U.S.
Gregory Rice is the Vice President of franchise sales for Nexus Property Management™.
Nexus Property Management™ is a National Property Management Franchise that manages all types of rental property from single family homes or condos to large apartment buildings and complexes.
Your Property, MANAGED®
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You Could Own A Nexus Property Management™ For Less Than You Think!