Element Property Management

What Element Property Management does

Element Property Management is a privately held, full-service residential property management firm headquartered in Apex, North Carolina, serving property owners and landlords across the Triangle area (Raleigh, Durham, Chapel Hill). Founded around 2021 by AnnMarie Janni and Evan Wright, both long-time Triangle real estate professionals, the company acts as an intermediary between property owners, tenants, and vendors, offering three core service lines: Full Management (a recurring 10% fee on monthly rental income covering rent collection, bookkeeping, monthly reports, 24/7 tenant portal access, maintenance coordination, and end-of-year tax preparation), Marketing & New Tenant Placement (a one-time fee equal to half a month's rent covering photography, MLS and third-party listings, showings, screening, and lease prep), and an add-on Maintenance Package ($45 per month) for 90-day preventative inspections and seasonal servicing. The technology stack is built on third-party platforms rather than proprietary infrastructure: Showmojo powers the public property search and self-serve showings, ManageBuilding processes digital rental applications with integrated credit and background screening, and properties are distributed across MLS, Realtor.com, Zillow, and Trulia.

The business model is hybrid subscription plus transaction. The 10% monthly management fee is the primary recurring engine, while placement fees, a $79 per-adult application fee, and the $45 maintenance subscription provide incremental revenue per door. Go-to-market is sales-led and local: the firm acquires owners through direct outreach, its website (raleighdurhamrentals.com), and inbound inquiries, and acquires tenants through organic discovery on the major listing platforms. The company has 1-10 employees, no disclosed funding or institutional backing, no patents, no awards, and operates exclusively in a single domestic market. Its stated differentiation rests on local Triangle market expertise, founder relationships built over 20+ years, and hands-on personalized service rather than technology or scale advantages.

Name

Element Property Management

Legal name

Element Property Management

Website

https://raleighdurhamrentals.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Element Property Management is a privately held, full-service residential property management firm in Apex, North Carolina, serving landlords and tenants in the Triangle area (Raleigh, Durham, Chapel Hill) with 10% monthly management fees, tenant placement, and preventative maintenance services.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Real Estate Asset Management (BPAJAMAA)

akta.pro secondary industries

Residential Lease Administration & Tenant Services (BPAJAFAL), Residential Maintenance & Turnover Services (Make-Ready, Inspections) (BPAJAFAM)

Keywords

• Residential property management
• Rental property services
• Tenant placement services
• Landlord management
• Property maintenance coordination

Headquarters

HQ city

Apex

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. Full Management Fee: Monthly management fee charged as 10% of monthly rental income. Includes rent collection, bookkeeping, monthly reports, maintenance coordination, and end-of-year tax preparation.
2. Marketing & Tenant Placement Fee: One-time fee of half month's rent charged each time a property is listed and a tenant is placed. Includes professional photography, MLS listing, property showings, application screening, and lease preparation.
3. Maintenance Coordination Fee: 10% fee on maintenance work coordinated through the property management company.
4. Maintenance Package Subscription: Monthly subscription service at $45 per month covering preventative maintenance every 90 days, property inspections, air filter delivery and installation, seasonal maintenance, appliance service, and dryer vent cleanings.
5. Application Fee: Non-refundable application fee of $79 per adult applicant to cover background and credit screening costs.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Element Property Management provides full-service residential property management for landlords and property owners in the Triangle NC area (Raleigh, Durham, Chapel Hill). Services include tenant placement via professional marketing and screening, ongoing rent collection, maintenance coordination, bookkeeping and monthly reporting, end-of-year tax preparation, and a preventative maintenance subscription. The company operates as a hands-on, locally focused intermediary between property owners and residential tenants.

Product overview

Element Property Management is a full-service residential property management company serving the Triangle NC area (Raleigh, Durham, Chapel Hill). The company offers three interconnected service tiers: Marketing & New Tenant Screening (a standalone tenant placement service at ½ month's rent), Full Management (the core comprehensive property management service at 10% monthly rental income), and an optional Maintenance Package add-on ($45/month). Property owners can choose standalone services or combine them, with Full Management providing the complete hands-off ownership experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Full Management Comprehensive residential property management service for property owners in the Triangle NC area, charged at 10% of monthly rental income. Includes maintenance coordination (with an additional 10% fee on coordinated work), rent collection, 24/7 online tenant access via portal, bookkeeping, monthly property reports, and end-of-year tax preparation.
• Marketing & New Tenant Screening One-time property marketing and tenant placement service charged at half month's rent each time a property is listed and a tenant is placed. Includes professional real estate photography and staging, MLS and third-party listings (Realtor.com, Zillow, Trulia), property showings, rental application management, background and credit checks, and lease paperwork preparation.
• Maintenance Package Monthly preventative maintenance subscription priced at $45 per month, with service performed every 90 days. Covers general property inspections, major systems inspections, air filter delivery and installation, seasonal preventative maintenance and winterization, appliance and garbage disposal service, and dryer vent cleanings.

Quantifiable outcome

• Efficient tenant placement at satisfactory rental rates
• +1 more outcomes

Named customers2 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

Scale indicators1 record

Recent moves6 records

Broad incumbents

• RPM Living: National multifamily and single-family rental property manager. Comparable because it offers owner-facing property management services with similar fee structures, though at much larger scale and with stronger institutional relationships.
• Asset Living: Major national third-party property manager serving multifamily, single-family, and student housing. Direct functional overlap with Element PM's residential management offering but operating at institutional scale across multiple geographies.
• Greystar Real Estate Partners: Largest residential property manager in the US, managing 800k+ units across multifamily and single-family rentals. Comparable because it offers the same core service (managing rental properties on behalf of owners) but at vastly larger scale and geographic breadth.
• FirstService Residential: Large North American residential property management company serving homeowners associations and rental communities. Comparable in that it provides full-service residential management for owners, but with broader portfolio scope and brand recognition.

Emerging players

• DoorLoop: Modern cloud-based property management software serving small and mid-sized residential managers. Comparable to Element PM's tenant portal and online application stack; serves as both an enabling technology provider and a competitive threat if paired with consulting services.
• Mynd Management: Tech-enabled residential property manager serving individual investors with single-family rentals across multiple US markets. Comparable because it pursues the same small-portfolio landlord segment with a more technology-forward stack.

Others

• AppFolio: Property management software platform used by thousands of small-to-mid residential PM firms. Adjacent rather than competitive — Element PM could either adopt AppFolio or AppFolio's customers could be considered peers in the broader residential management ecosystem.
• Buildium: Cloud-based property management software for residential and association managers. Comparable ecosystem player — provides the operational backbone that many boutique PMs like Element PM use or could adopt.

Direct peers

• Keyrenter Property Management: Franchise network of local residential property managers offering tenant placement, full-service management, and maintenance coordination. Comparable in scale, service mix, and target customer (small-portfolio landlords) to Element PM.
• All County Property Management (Franchise): Franchise-based residential property management network serving local markets across the US. Closely comparable business model — local-market full-service PM targeting individual landlords and small portfolios with a similar percentage-based fee structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/elementpropertymanagement

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Element Property Management