Property Managers
Property Managers, Inc. (PMI) is a privately held property management firm founded in 1986 in Davenport, Iowa. The firm provides residential and commercial property management services to property owners and tenants in the Quad Cities region using the Rent Manager software platform.
- Company typePrivate
- Founded1986
- HeadquartersDavenport, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Property Managers does
Property Managers, Inc. (PMI) is a privately held, locally owned property management company founded in 1986 and headquartered at 2828 W 73rd Street in Davenport, Iowa. The firm provides residential and commercial property management services across the Quad Cities region, covering Davenport, Bettendorf, Eldridge, and Le Claire in Iowa, as well as Moline, Rock Island, East Moline, and surrounding Illinois communities. Its client base consists of individual and small property owners seeking full-service management, alongside the tenants occupying the apartments, duplexes, and single-family homes in its portfolio.
PMI's technology stack is built on Rent Manager, an industry-standard third-party property management software platform that underpins online tenant applications, owner and resident web portals, and rent payment workflows. A mobile application (RMResident) extends tenant self-service to iOS and Android devices. The company operates from a single physical office and distributes services through its website (iowapmi.com), the Rent Manager portal, and the mobile app, supported by a staff of approximately 20 employees.
PMI generates revenue through recurring property management fees on managed units under a professional services model typical of the industry, with additional income from tenant placement and ancillary services. Its staff includes a licensed real estate broker, three licensed real estate agents, and a regional manager, and the company emphasizes regulatory compliance via mandatory continuing education for its agents. Listed unit rents span roughly $725/month for 1-bedroom apartments to $2,895/month for premium 3-bedroom/3-bath units, with move-in specials at selected properties. PMI is a traditional small business with no disclosed funding history, no parent company, no institutional ownership, and 38 years of continuous operation.
Property Managers firmographics
Firmographics- Name
- Property Managers
- Legal name
- Property Managers, Inc.
- Website
- https://iowapmi.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Property Managers, Inc. (PMI) is a privately held property management firm founded in 1986 in Davenport, Iowa. The firm provides residential and commercial property management services to property owners and tenants in the Quad Cities region using the Rent Manager software platform.
- Ownership category
- akta.pro rank
Property Managers industry classification
Industry- Product category
- Property Management Services
- NAICS
- Residential Property Managers (531311), Nonresidential Property Managers (531312)
- SIC
- Operators Of Apartment Buildings (6513), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Multifamily (Apartment) Property Management (BPAJAGAD)
Keywords
Where Property Managers is headquartered
LocationHeadquarters
- HQ city
- Davenport
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Property Managers business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Property Management Services: PMI generates revenue by providing comprehensive property management services to property owners, including tenant placement, rent collection, property maintenance coordination, and compliance management. The company serves both residential and commercial property owners in the Quad Cities area of Iowa and Illinois.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | 1-Bedroom Apartments |
| Unit Pricing | Monthly | 2-Bedroom Units |
| Unit Pricing | Monthly | 3-Bedroom Units |
| Unit Pricing | Monthly | 4-Bedroom Single Family Homes |
| Unit Pricing | Monthly | Premium/Luxury Units |
| Unit Pricing | Monthly | Pet-Friendly Units |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Property Managers product offering
Product offeringCore offering
Property Managers, Inc. (PMI) is a locally owned property management company that provides full-service residential and commercial property management for owners in the Quad Cities area of Iowa and Illinois. Services include tenant placement and screening, rent collection, property maintenance coordination, compliance with laws and regulations, and property marketing, delivered through the Rent Manager software platform with online resident and owner portals and a mobile app. PMI also markets rental properties (apartments, duplexes, single-family homes) directly to tenants.
Product overview
Property Managers (PM) operates as a locally-owned property management company serving the Quad Cities area since 1986. The company offers a unified property management service encompassing residential and commercial property management, with featured rental property listings across apartments, duplexes, and single-family homes in Iowa and Illinois communities. The service is delivered through the Rent Manager platform, providing online resident and owner portals for rent payments and property management, complemented by a mobile app for on-the-go access.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Management Services Full-service residential and commercial property management for property owners in the Quad Cities area of Iowa and Illinois, including tenant placement and screening, rent collection, property maintenance coordination, compliance with laws and regulations, and rental marketing. Delivered with unlimited services under a single management contract.
- Residential Rental Properties Managed rental housing inventory consisting of apartments, duplexes, and single-family homes across Quad Cities communities (Davenport, Bettendorf, Eldridge, Moline, Rock Island, Le Claire, East Moline). Available to prospective tenants through the company website with online applications, with observed rents ranging from $725/month for 1-bedroom units to $2,895/month for premium 3-bed/3-bath units.
Companies that use Property Managers
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Property Managers technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Property Managers partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Rent ManagercorePMI uses Rent Manager property management software platform to power their operations including tenant applications, rent collection, property management, and owner/tenant portals. This is a core technology partnership enabling their property management services.
Scale indicators3 records
Recent moves3 records
Expansion highlights2 records
Property Managers competitors and assessment
Company assessmentBroad incumbents
- Cushman & Wakefield: Global real estate services firm with a substantial property management division spanning commercial and multifamily assets. Overlaps PMI in commercial property management mandates.
- Lincoln Property Company: National residential property manager with extensive third-party management contracts. Comparable service offering (full-service property management for property owners) at significantly larger scale.
- FirstService Residential: Largest residential property manager in North America. Competes for the same SMB and institutional owner mandates with greater technology infrastructure and geographic reach.
- Asset Living: National multifamily property manager with significant third-party management contracts across the Midwest. Comparable full-service property management model to PMI.
- RPM Living: Full-service multifamily property management company rapidly expanding across the U.S. Competes directly with PMI for third-party management contracts from rental property owners.
- FPI Management: Multifamily property management firm managing conventional, affordable, and student housing. Comparable as a third-party property manager serving owner-investors in the Midwest region.
- Greystar Real Estate Partners: Largest multifamily property manager in the U.S., operating both owned and third-party-managed rental portfolios. Comparable as a multifamily management competitor to owners in the Quad Cities region.
- BH Management Services: National multifamily property manager focused on third-party management for institutional and individual owners. Comparable service model to PMI at significantly larger scale.
Direct peers
- Real Property Management: Franchise-based residential property management brand servicing SMB landlords across the U.S. Highly comparable as both are small-footprint residential/commercial property managers targeting individual property owners with full-service offerings.
- Property Management Inc. (PMI National Franchise): National franchise network providing residential and commercial property management to owners/investors. Closely comparable operating model to PMI's 'national benefits with local service' positioning.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Property Managers financial estimates
Financial estimateRevenue estimate
Valuation estimate
Property Managers leadership team
Management profileNumber of profiles
Property Managers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Property Managers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Property Managers
What does Property Managers do?
Property Managers, Inc. (PMI) is a locally owned property management company that provides full-service residential and commercial property management for owners in the Quad Cities area of Iowa and Illinois. Services include tenant placement and screening, rent collection, property maintenance coordination, compliance with laws and regulations, and property marketing, delivered through the Rent Manager software platform with online resident and owner portals and a mobile app. PMI also markets rental properties (apartments, duplexes, single-family homes) directly to tenants.
Is Property Managers a public or private company?
Property Managers is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Property Managers founded?
Property Managers was founded in 1986. It employs 11 to 50 people.
Where is Property Managers based?
Property Managers is headquartered in Davenport, United States, in the North America region.
How does Property Managers make money?
One revenue line is on record: property Management Services.
Who are Property Managers's main competitors?
Broad incumbents on record are Cushman & Wakefield, Lincoln Property Company, FirstService Residential, Asset Living, RPM Living, FPI Management, Greystar Real Estate Partners and BH Management Services. Direct peers are Real Property Management and Property Management Inc. (PMI National Franchise).
Does Property Managers have an API?
No public API is recorded for Property Managers.
What industry is Property Managers in?
Property Managers's product category is Property Management Services. Its primary akta.pro industry code is BPAJAGAD, Multifamily (Apartment) Property Management. Its NAICS code is 531311 and its SIC code is 6513.