Evernest

What Evernest does

Evernest is a national full-service residential property management and real estate brokerage firm headquartered in Birmingham, Alabama, founded in 2008. The company manages over 16,000 rental properties across 30+ U.S. markets, serving individual property owners, landlords, and real estate investors who own single-family homes, condominiums, and small multifamily buildings. Evernest combines a national brand with localized boots-on-the-ground operations in each market, targeting passive and out-of-state investors who want professional management of rental portfolios, brokerage representation for acquisitions and dispositions, and specialized services such as Section 8 housing compliance.

The company's core technology stack is built on AppFolio's property management platform, augmented by proprietary tools including an in-house three-step resident underwriting process, an internal project management system for maintenance tracking, and an all-digital leasing workflow that allows prospects to tour, apply, sign, and move in without face-to-face interaction. Evernest uses AI-enhanced photography for listing presentation and syndicates rental listings to Zillow, Trulia, and HotPads, driving 20,000+ unique monthly website visitors. Investor education is delivered through The Nest blog, a YouTube channel ("The Evernest Property Management Show"), a LinkedIn presence, and an online community platform.

Evernest monetizes through a diversified revenue model: quote-based monthly management fees on managed properties, real estate brokerage commissions on acquisitions and dispositions, lease-only fees for DIY landlords, and hourly in-house maintenance charges. The company has scaled primarily through an aggressive acquisition strategy, completing at least 20 property management firm acquisitions in 2022 alone — expanding from approximately 6,000 to over 14,000 properties that year — and continuing with subsequent acquisitions including ParkSide Realty (2023) and Poplar Homes (2025). A January 2025 $15 million funding round from LL Funds signals continued capital-backed expansion. Evernest holds NARPM and NAR membership, BBB accreditation with 100% status, and was recognized on the 2024 Inc. 5000 list.

Name

Evernest

Legal name

Evernest, LLC

Website

https://evernest.co

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

Evernest is a national full-service residential property management and real estate brokerage firm managing over 16,000 rental properties across 30+ U.S. markets. The Birmingham, Alabama-based company serves individual landlords and real estate investors through AppFolio-powered technology, in-house maintenance, and acquisition-driven geographic expansion.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Single-Family Rental (SFR) Property Management (BPAJAFAB)

akta.pro secondary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Residential property management
• Real estate brokerage
• Rental property services
• Leasing and maintenance
• Tenant screening services

Headquarters

HQ city

Birmingham

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Property Management Services: Full-service property management for single-family homes, condos, and small multifamily buildings. Services include leasing, rent collection, maintenance, accounting, and eviction handling.
2. Real Estate Brokerage: Buy and sell services for rental or investment properties. Investor-friendly real estate agents assist with acquisitions and dispositions.
3. Lease-Only Services: Professional lease-only product for DIY landlords who want to handle day-to-day management themselves but need help with marketing, screening, and lease execution.
4. Maintenance Services: In-house maintenance team providing repairs, 24/7 emergency response, and preventative maintenance. Charges based on hourly rate plus materials.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

Evernest provides full-service residential property management for single-family, condominium, and small multifamily rental properties owned by individual landlords and real estate investors. The offering bundles leasing and tenant placement, in-house maintenance, rent collection, accounting, eviction support, and brokerage services into a recurring managed-service engagement.

Product overview

Evernest operates as a national real estate and property management company offering an integrated platform of services for rental property investors. The core offering combines full-service property management (residential and multifamily), real estate brokerage, leasing services, and maintenance coordination. Supporting modules include rent collection, accounting, eviction services, and Section 8 housing management. The company also provides investor tools including a Cashflow Calculator, Free Rental Analysis, and educational content through The Nest blog. Evernest uses AppFolio as its technology platform for owner and resident portals, and syndicates listings to Zillow, Trulia, and HotPads. The company has grown through multiple acquisitions of property management firms and manages over 16,000 rentals nationwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Full-Service Property Management Full-service residential property management for single-family, condominium, and small multifamily rental properties, covering tenant placement, rent collection, maintenance coordination, accounting, and compliance for individual and SMB landlords.
• Multifamily Property Management Property management services tailored to small multifamily rental buildings owned by individual investors and small operators.
• Evernest Brokerage Real estate brokerage services for residential investment property buyers and sellers, supporting investor acquisitions and portfolio dispositions.
• Leasing Services Tenant placement and leasing services including property marketing, tenant screening, and lease execution for landlords.
• Maintenance Services In-house maintenance and repair services for managed residential rental properties, coordinated through Evernest's internal operations.
• Section 8 / Housing Choice Voucher Services Specialized property management services for landlords participating in the Housing Choice Voucher (Section 8) program, including compliance and inspections support.
• Lease-Only Services A la carte leasing-only service for landlords who self-manage but want professional tenant placement and lease execution.

Quantifiable outcome

• Over 15,000 5-star reviews from clients
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature4 records

Partnerships

One partnership is on record.

• Second NatureminorStrategic or Co-development Partner · 1 February 2026Evernest partnered with Second Nature to expand Group Rate Internet service nationwide, starting in April 2025. The service is offered in 15 states and has contributed to faster leasing times due to high resident demand for high-speed internet. This partnership provides residents with discounted internet services while enhancing Evernest's value proposition to property owners.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Real Property Management: Franchise-based residential property management network managing single-family and small multifamily rentals across the U.S. Highly comparable to Evernest in service scope (leasing, tenant screening, maintenance, eviction) and target customer (individual investors and small landlords).
• RPM Living: Full-service property management company focused on multifamily and single-family rentals across multiple U.S. markets. Similar to Evernest in offering integrated leasing, maintenance, and asset management services to property owners and investors.

Broad incumbents

• Progress Residential: One of the largest institutional single-family rental operators and managers in the U.S., managing tens of thousands of SFR homes. Comparable to Evernest in SFR focus and resident-facing service model, though Progress owns the assets rather than serving third-party landlords.
• Invitation Homes: Largest U.S. single-family rental REIT with ~80,000+ homes. Comparable as an SFR-focused operator providing leasing, maintenance, and resident services, but operates at institutional scale and owns its portfolio rather than serving third-party owners like Evernest does.
• Greystar Real Estate Partners: Global leader in residential property management, primarily multifamily but expanding into SFR and build-to-rent. Comparable in the property management service layer, though Greystar is much larger and primarily focused on multifamily institutional owners.
• FirstService Residential: North America's largest residential property manager, primarily serving HOA and condominium communities but with growing single-family rental exposure. Comparable in delivering outsourced property management services at scale across many markets.
• Asset Living: Large third-party multifamily and student housing property manager expanding into single-family. Comparable in offering full-service property management to owners and investors with national geographic reach similar to Evernest's roll-up strategy.

Emerging players

• Belong: Tech-enabled residential property management company serving individual homeowners and investors with a digital-first platform. Comparable to Evernest in targeting SMB landlords seeking modern, self-serve property management rather than traditional local shops.
• Hemlane: Software-enabled property management platform offering tenant placement, rent collection, and maintenance coordination to small landlords. Comparable in targeting individual and small-portfolio landlords with digital tools, though more software-light than Evernest's full-service model.
• Doorvest: Tech-enabled SFR investment and management platform that helps individual investors buy, renovate, and manage single-family rentals. Comparable to Evernest in serving passive SMB landlords with full-service single-family rental management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/Evernest1
• LinkedInlinkedin.com/company/evernestpm
• Xx.com/Evernest3

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A13 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evernest