Property Management

Real Property Management

Waco, TX · Founded 2005 · RPML

2026 Franchise 500
#73
450
units (2025)
0.7%
year over year

Units by Year

360
2021
389
2022
422
2023
447
2024
450
2025

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment
$99,341 – $244,302
FDD Item 7
Franchise fee
$69,900
FDD Item 5
Ad fund
5%
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty

flat $25/month

Leadership

  • Jeffrey Pepperney

    President

  • Timothy Sedgwick

    Vice President of Operations

  • Michael Anthony Davis

    Chief Executive Officer for Neighborly and Manager

  • Malia Gelfo

    SVP, Corporate Controller

  • Heather Shipley

    VP of Finance

  • Stacy Lynn Bourgeois

    Chief Marketing Officer

  • Grayson Brown

    Secretary of Manager and Franchisor, and EVP, General Counsel and Secretary of Neighborly

  • Kent Frogley

    Vice President of Marketing

  • Matthew Crowley

    Group President

  • Gagan Sinha

    Chief Information Officer for Neighborly

On File

FDD years
Select a year to open the FDD
Franchisee records
418
Current roster rows
Signed, not open
11
FDD Item 20, Table 5
Franchising for
20 yrs

Franchise Disclosure Documents

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Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.