Professional Property Management

What Professional Property Management does

Professional Property Management, Inc. (PPM) is a privately held, founder/owner-operated property management firm founded in 1982 and headquartered at 607 SW Higgins Ave, Missoula, Montana. The company provides full-service management of residential, commercial, and industrial rental properties for individual property owners and real estate investors across Missoula and Ravalli counties, with an active portfolio of 52 rental units. PPM also operates an in-house real estate brokerage staffed by a licensed sales agent, enabling buy/sell services alongside its core management offering. The firm employs six licensed personnel, including a General Manager who is a Montana Licensed Broker and licensed property managers under the Montana Board of Realty Regulation.

PPM's service delivery is built on the AppFolio Property Manager platform, which powers the Online Resident Portal (rent payment, maintenance requests, document sharing, renters insurance verification) and the Online Owner Portal (financial statements, monthly summaries, year-end tax documents, online owner contributions). Mobile apps extend both portals to iOS and Android. The firm maintains a curated preferred-vendor network of 15+ local Missoula-area contractors spanning plumbing, HVAC, electrical, landscaping, locksmith, sewer, and cleaning services, with no markup applied to owner repair work. PPM advertises a 99%+ monthly rent collection rate and has passed a State of Montana trust account audit with exemplary bookkeeping.

Revenue is generated primarily through recurring monthly property management fees on managed units, supplemented by $40 rental application fees, security deposits typically equal to one month's rent, and pet-related charges ($500 additional deposit per pet plus $50 monthly pet rent per pet). The go-to-market motion is sales-led and locally distributed: company website, listings on 100+ rental search engines (apartments.com, Zillow, Trulia), physical For Rent signage at managed properties, and a meaningful referral channel from existing clients and tenants. PPM is a member of the National Association of Realtors and adheres to the NARPM Code of Ethics.

Name

Professional Property Management

Legal name

Professional Property Management, Inc.

Website

https://professionalproperty.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

1–10 employees

Short description

Professional Property Management is a privately held, family-owned property management firm founded in 1982 in Missoula, Montana. It manages 52 residential and commercial rental properties for individual owners across Missoula and Ravalli counties using the AppFolio platform.

Ownership category

akta.pro rank

Product category

Residential Property Management Services

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Nonresidential Property Managers (531312)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro industry

PRIMARYBPAJAMAA

Residential Real Estate Asset Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Asset & Portfolio Management

SECONDARYBPAJAGAA

Office Property Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Commercial Property Management

Keywords

• Residential property management
• Commercial property management
• Tenant screening services
• Rent collection services
• Real estate brokerage

Headquarters

HQ city

Missoula

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Fees: Competitive fee structure for property owners. No leasing fees, lease renewal fees, routine property evaluation fees, vendor markup for repairs, or postage/copy/mileage fees. Eviction Protection Program included.
2. Application Fees: Application fee of $40 per rental application
3. Security Deposits: Security deposits collected from tenants, typically equal to one month's rent
4. Pet Fees and Pet Rent: Additional pet deposits ($500 per pet) and monthly pet rent ($50 per pet per month) collected from pet-owning tenants

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Professional Property Management, Inc. provides full-service residential, commercial, and industrial property management in Missoula and Ravalli counties, Montana, including tenant screening, lease enforcement, rent collection, maintenance coordination, and financial reporting. The firm also offers real estate buying and selling services staffed by licensed Montana brokers, and operates tenant and owner self-service portals powered by AppFolio.

Product overview

Professional Property Management offers a unified property management service platform combining core property management for residential, commercial, and industrial rentals with integrated Online Resident Portal and Online Owner Portal modules. The company also provides real estate services and maintains a Rental Property Listings platform. All services are delivered through AppFolio property management software with mobile-accessible tenant and owner portals.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Over 99% monthly rent collection success rate
• +1 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

18 partnerships are on record, tiered minor and core.

• National Association of RealtorsminorOthersPPM is a member of the National Association of Realtors, displaying the association logo on their website and materials as part of their professional credibility and industry affiliation.
• AppFoliocoreTechnology or IntegrationAppFolio Property Manager powers PPM's tenant portal, owner portal, and property management software. Tenants access rent payment and maintenance requests through AppFolio's platform. The company is powered by AppFolio as shown on their website footer.
• Damage Control, LLCminorImplementation/ SI/ Consulting PartnerPreferred vendor for property damage services. Located at 2425 West Kent Street, Missoula, MT.
• Economy Excavating & LandscapingminorImplementation/ SI/ Consulting PartnerPreferred vendor for excavation and landscaping services. Located at 201 N Russell St, Missoula, MT 59801.
• First Class Pro-LawnminorImplementation/ SI/ Consulting PartnerPreferred lawn care vendor. Located in Lolo, MT 59847.
• Holland & Sons Electric, IncminorImplementation/ SI/ Consulting PartnerPreferred electrical services vendor. Located at 2435 Wyoming Street, Missoula, MT 59801.
• Lawn Works and Landscape SolutionsminorImplementation/ SI/ Consulting PartnerPreferred landscaping vendor. Located at P.O. Box 17063, Missoula, MT 59808.
• Mark's Resurface-AllminorImplementation/ SI/ Consulting PartnerPreferred surface restoration vendor. Located at 625 Coffee Lane, Hamilton, MT 59840.
• Montana Lock and SecurityminorImplementation/ SI/ Consulting PartnerPreferred locksmith and security services vendor. Located at 1604 Wyoming Street, Missoula, MT 59801.
• Montana Plumbing and Construction CompanyminorImplementation/ SI/ Consulting PartnerPreferred plumbing and construction vendor. Located at P.O. Box 3874, Missoula, MT 59806.
• Sentinel MechanicalminorImplementation/ SI/ Consulting PartnerPreferred HVAC and mechanical services vendor. Located at 1308 River St., Missoula, MT 59801.
• ServiceMasterminorImplementation/ SI/ Consulting PartnerPreferred cleaning and restoration services vendor. Located at 2825 Stockyard Road A-19, Missoula, MT 59808.
• Standard Drain CleaningminorImplementation/ SI/ Consulting PartnerPreferred drain cleaning services vendor. Located at 509 W. Alder St. #1.
• Sweet Pea SewerminorImplementation/ SI/ Consulting PartnerPreferred sewer services vendor. Located at 9424 Futurity Dr, Missoula, MT 59808.
• TemprightminorImplementation/ SI/ Consulting PartnerPreferred temperature control services vendor. Located at 101 N. Catlin, Missoula, MT 59801.
• Treasure State Tree ServiceminorImplementation/ SI/ Consulting PartnerPreferred tree services vendor. Located at 1916 S. 3rd St. W, Missoula, MT 59801.
• The Window WashersminorImplementation/ SI/ Consulting PartnerPreferred window cleaning services vendor. Located at PMB 107, 2120 S. Reserve St, Missoula, MT 59801.
• Missoula Maintenance Inc.minorImplementation/ SI/ Consulting PartnerPreferred vendor for day-to-day repairs and remodeling needs. No markup on maintenance performed.

Scale indicators5 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• HomeRiver Group: National residential property management company that aggregates local operators under a single brand. Directly comparable to PPM as a multi-property residential management business serving owners, though operating at greater scale and across multiple geographies.
• Mynd Property Management: Tech-enabled residential property management firm serving small and mid-market SFR investors. Comparable to PPM in target customer (individual/institutional rental property owners) and service mix (tenant screening, rent collection, maintenance), with a national footprint.
• Renters Warehouse: Single-family rental property management franchise serving residential investors. Comparable to PPM in target customer and full-service property management offering, with broader geographic reach via franchise model.
• Property Management Inc. Property management franchise company operating across multiple US markets. Comparable to PPM in service scope (residential and commercial management for owners) and franchise/aggregator model that could credibly absorb a small local operator.
• All County Premier Property Management: Franchise-based residential property management company serving property owners. Comparable to PPM in target customer (single-family and small multifamily owners) and full-service management offering.

Broad incumbents

• RPM Living: National multifamily property management firm with a large institutional portfolio. Comparable to PPM in core property management discipline (tenant screening, rent collection, maintenance) but at much larger scale and on the multifamily/institutional side.
• Greystar: Largest residential property management company globally, operating multifamily and student housing. Comparable to PPM in property management activities but at institutional scale across multiple property types and geographies.
• Cushman & Wakefield: Global real estate services firm offering property management alongside investment sales, valuation, and advisory. Comparable to PPM through its property management service line for owners, particularly in commercial and mixed-use assets.

Others

• AppFolio: Property management software platform that powers PPM's tenant and owner portals. Comparable as the underlying technology infrastructure enabling PPM's operations, and also a competitive threat as more owners adopt AppFolio directly.
• Buildium: Property management software platform for residential and association managers. Comparable to PPM as an alternative technology stack used by competing local property managers and as a DIY platform that can disintermediate traditional operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PPMMissoula
• Facebookfacebook.com/ProfessionalPM
• LinkedInlinkedin.com/company/professional-property-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Professional Property Management