Prosper Management Group

What Prosper Management Group does

Prosper Management Group is a privately held, Charleston-headquartered residential property management firm that provides full-service single-family and multi-family rental management to individual and small-portfolio owners across South Carolina, with a second office in Greenville serving the Upstate market. As of 2024 the firm manages 180+ properties, reports a 98% owner retention rate and 96% average portfolio occupancy, and is licensed in South Carolina for property management and real estate activity. Its service offering spans marketing, tenant screening (Rentzap plus TransUnion), rent collection, maintenance coordination with 24/7 request intake, financial reporting, and eviction handling, all delivered through the RentVine cloud-based owner and tenant portal.

The technology stack is assembled from third-party SaaS rather than proprietary IP: RentVine powers the owner/tenant portal and ACH disbursements, Rentzap runs the screening workflow with TransUnion credit pulls and a structured Risk Mitigation Fee Program, Our Pet Policy handles pet screening, and rent.report provides the top-of-funnel rental-estimate lead capture. A custom Risk Mitigation workflow applies credit-score-based conditional approvals with elevated security deposits (1.5x–2x) and a $15/lessee/month surcharge for borderline applicants.

The revenue model is percentage-of-rent recurring plus transactional and pass-through components: a 10% monthly management fee (with a $175 minimum in Charleston) is the primary stream, supplemented by a 50%-of-first-month leasing fee, a 10% lease renewal fee, a $150 eviction filing fee, a $150 bi-annual evaluation fee, and 12–20% oversight markup on maintenance spend. Tenant-side monetization includes a $50/month Resident Benefits Package with $1M liability insurance, a $65 application fee, a $300 lease prep fee, and pet fees. GTM is direct-to-consumer via two physical offices, a website funnel, organic SEO across 20+ sub-market pages, Google AdSense/remarketing, SMS and email marketing, and a paid Realtor Referral Program that pays $500–$10,000 per closed owner referral.

Name

Prosper Management Group

Legal name

Prosper Management Group LLC

Website

https://prosperpm.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Prosper Management Group is a privately held South Carolina residential property management firm with offices in Charleston and Greenville, serving individual and small-portfolio rental property owners with full-service leasing, screening, rent collection, and maintenance across 180+ units.

Ownership category

akta.pro rank

Headquarters

HQ city

Charleston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Monthly Property Management Fee: Recurring percentage-of-rent management fee equal to 10% of monthly rent (with a $175 minimum in the Charleston market) charged on every managed unit — the company's primary recurring revenue stream.
2. Leasing / Tenant Placement Fee: One-time fee equal to 50% of the first month's rent charged each time a new tenant is placed, including a leasing guarantee covering the placement.
3. Lease Renewal Fee: Recurring fee equal to 10% of one month's rent charged each time an existing tenant's lease is renewed.
4. Eviction Filing Fee: Flat $150 fee charged to owners when an eviction filing becomes necessary, recouping filing costs and process handling.
5. Bi-Annual Property Evaluation Fee: $150 per visit for each bi-annual interior property evaluation performed in addition to routine exterior drive-by checks.
6. Maintenance Oversight Markup: Markup applied to vendor invoices on managed repairs — 12% on Capital Expenditures (both markets) and 12% (Greenville) or 20% (Charleston) on General Maintenance — generating margin on pass-through maintenance spend.
7. Resident Benefits Package & Tenant Fees: Tenant-paid fees including a mandatory $50/month Resident Benefits Package (with $1M tenant liability insurance), $65 non-refundable application fee per adult, $300 lease preparation fee, $250 first-pet / $50 each-subsequent non-refundable pet move-in fee, and $40/pet/month pet rent.
8. Realtor Referral Fees Paid Out (reverse channel): Prosper pays out — rather than collects — referral fees of $500 to $10,000 to Realtors who refer property management clients, and $250 for agent-to-agent partner referrals, framing real estate agents as a referral channel for owner acquisition.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Prosper Management Group provides full-service residential property management for single-family and multi-family rental property owners across two South Carolina markets (Charleston/Lowcountry and Greenville/Upstate). Services include property marketing across listing platforms, multi-factor tenant screening with credit and background checks, ACH rent collection, 24/7 maintenance coordination with vetted vendors, monthly and year-end financial statements via ACH owner disbursements, and compliance with South Carolina landlord-tenant law. The company charges a recurring 10% monthly management fee plus ancillary placement, renewal, evaluation, and maintenance-oversight fees.

Differentiator

Problem solved

Functional benefit

Products and services

• Charleston Full Service Property Management Full-service residential property management package for the Charleston/Lowcountry SC market. Includes 10% monthly management fee with a $175 minimum, 50% of first month's rent leasing fee with leasing guarantee, 10% lease renewal fee, $150 eviction filing fee, $150 bi-annual property evaluation, 12% CapEx oversight markup, 20% General Maintenance oversight markup, ACH owner disbursements on the 10th of each month, and 1099/year-end statements. Serves individual property owners with single-family and multi-family rentals across 10+ Charleston sub-markets.
• Greenville Full Service Property Management Full-service residential property management package for the Greenville/Upstate SC market. Includes 10% monthly management fee (no minimum stated), 50% of first month's rent leasing fee with leasing guarantee, 10% lease renewal fee, $150 eviction filing fee, $150 bi-annual property evaluation, 12% CapEx oversight markup, 12% General Maintenance oversight markup, ACH owner disbursements on the 10th of each month, and 1099/year-end statements. Serves individual property owners across 10+ Upstate sub-markets including Greenville, Spartanburg, Simpsonville, and Clemson.
• Tenant Placement & Leasing Service One-time leasing service that markets the rental property, screens applicants, and places a qualified tenant. Charges a placement fee equal to 50% of the first month's rent and includes a leasing guarantee. Available in both Charleston and Greenville markets.
• Tenant Screening & Risk Mitigation Program Multi-factor applicant screening using Rentzap and TransUnion that performs soft credit inquiries, rental/eviction history verification, criminal background checks with offense-specific lookbacks, bankruptcy review, and AEGMI income calculations (3x rent benchmark). Includes a Risk Mitigation Fee Program that offers conditional approval for borderline applicants (credit 550-649) with elevated security deposits (1.5x for 600-649, 2x for 550-599) and a $15/lessee/month add-on management fee.
• Bi-Annual Property Evaluation Service Scheduled on-site interior property condition reviews performed twice a year at $150 per visit, in addition to routine exterior drive-by checks. Produces photo-documented move-in/move-out and rent-ready condition reports for owners.
• Pet Screening Service Mandatory pet screening for all applicants with animals, run through the Our Pet Policy portal. Collects animal descriptions, vet records, vaccination history, photos, and ESA/service animal documentation, and supports breed/weight restrictions. Generates $250 first-pet and $50 each subsequent non-refundable pet move-in fees plus $40/pet/month pet rent.
• Maintenance Coordination & 24/7 Emergency Service Tenant-facing maintenance request portal and 24/7 emergency hotline with vendor dispatch. Applies oversight markup of 12% on Capital Expenditures (both markets) and 12% (Greenville) or 20% (Charleston) on General Maintenance. Maintenance invoices appear transparently in owner monthly statements.
• Eviction Management Service Eviction filing service charged as a flat $150 fee to owners when an eviction becomes necessary. Includes process handling and recouping filing costs, with filings typically initiated by the 7th-10th of the month when payment arrangements fail.

Quantifiable outcome

• 180+ properties managed across Charleston and Greenville/Upstate, SC
• +4 more outcomes

Named customers4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature7 records

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

• RentVinecoreTechnology or IntegrationRentVine is the backbone platform powering Prosper's Owner Portal and Tenant Portal (prospermanagementgroup.rentvine.com). It provides 24/7 owner access to statements, balances, and reports; tenant online rent payment; and maintenance request submission. Listed under Proprietary Features in the tech stack and cited in the privacy policy as one of the systems whose data feeds Risk Mitigation Program decisions.
• RentzapcoreTechnology or IntegrationRentzap is Prosper's web-based tenant screening partner. It runs credit pulls (via TransUnion), soft inquiries, rental/eviction history verification, criminal background review with offense-specific lookback periods, bankruptcy review, and AEGMI calculations. Prosper directs applicants to email [email protected] for post-application questions and references Rentzap as the data source for conditional approval decisions.
• TransUnioncoreTechnology or IntegrationTransUnion is the credit bureau used by Prosper's screening stack. Soft credit inquiries are processed on each applicant and the credit score benchmark is checked against household credit history (650+ for Charleston standard, 600+ for Greenville). Cited alongside Rentzap, Rentvine, and Prosper Management as a data source for Risk Mitigation Program decisions.
• Our Pet Policy / Pet ScreeningcoreTechnology or IntegrationProsper requires all applicants with pets to create a Pet Profile via Our Pet Policy (resident.ourpetpolicy.com/lease-packet/6YBHIT). The portal collects pet descriptions, vet records, vaccination history, photos, and ESA/service animal documentation, and supports the $250 first-pet / $50 subsequent non-refundable pet move-in fee plus $40/pet monthly pet rent.
• Licensed SC Realtors (Realtor Referral Program)flagshipGTM or Marketing PartnerProsper runs a formal Realtor Referral Program that pays SC real estate agents $500 to $10,000 (scaled by number of units) when a referred client signs a property management agreement and the unit is filled, plus a $250 'partner fee' when an agent refers another Realtor. The program is featured prominently on both the Charleston and Greenville Agents pages and is structured around a simple two-step submission form.
• Google (AdSense / Display Network / Analytics)minorGTM or Marketing PartnerGoogle is the advertising and analytics partner for prosperpm.com. The privacy policy discloses use of Google AdSense, remarketing, Google Display Network Impression Reporting, and Demographics & Interests reporting, with first-party (Google Analytics) and third-party (DoubleClick) cookies. Users can opt out via Google Ad Settings, the Network Advertising Initiative opt-out page, or the Google Analytics Opt-Out Browser add-on.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/prosper-management-group

Revenue estimate

Valuation estimate

Number of profiles

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 Prosper Management Group