Franklin Property Management
Property management for Franklin investors. A 98% occupancy rate, 97.2% placement rate, and a 88.76% lease renewal rate.
The Gap Between Rent Collected And Returns Earned
Franklin is one of Milwaukee County's youngest and fastest-growing suburbs, built up largely over the past 50 years with a thriving school district and newer housing stock. Newer single-family construction dominates the inventory, lots are larger, and family renters drive most of the demand. The trade-off for investors is that Franklin competes with Oak Creek and other south-suburban markets on amenities and price-per-square-foot, not on location premium.
Performance Asset Management (PAM) was founded in 2010 to manage rentals as long-term assets. Our residents renew at 88.76%, well above the industry average of 54%, which keeps your suburban single-family rental performing instead of cycling tenants every 12 months.
Rent Collection vs Asset Management
Most property managers collect rent. PAM runs your property as the asset it is, with numbers to show what that earns you.
8% of Collected Rent
Capped at $250 per month. Fees waived when the property is vacant. No trip charges, no setup fees, no termination fees.
See our fee structureResidents Who Stay
Industry average is around 54%. Top performers reach 70 to 80%. PAM hits 88.76% through our "humanation" approach to resident retention.
Franklin Asset Management Reporting
Every engagement starts with a free CapEx and IncomeEx inspection, so you see future cost exposure before it shows up on your statement.
Six Stackable Guarantees
Exit, Results, Leasing, Eviction, Pet, and Same-Day Service Guarantees. Cancel anytime with one day's notice and zero termination fees.
Walk through the IRR Calculator to see projected returns based on your property, hold period, and management costs.
Six Integrated Services — End To End
We don't hand you a menu of à la carte add-ons. We run all six end to end. Hover any service to read more.
Rental Marketing
Listings push to 50+ advertising platforms, with disciplined market-rent pricing set from a free CMA before listing.
Resident Screening
Applications reviewed against 24 months of rental payment history, net income, and bank balance — driving a sub-1% eviction rate for 17 years.
Rent Collection
ACH direct deposit through our resident portal — fast, traceable, automatic. PAM fees apply only to rent that actually arrives in your account.
Maintenance Coordination
24/7 response through our maintenance portal at $10 per work order, with vendor costs passed through at vendor rates. Same-day resident service.
Accounting & Reporting
Monthly investor statements plus CapEx forecasts, IncomeEx breakdowns, and full IRR calculations — every metric included in your management fee.
Eviction Protection
Coverage for the cost of a simple uncontested eviction (some restrictions apply). PAM's eviction rate has held under 1% for 17 straight years.
What The Market Looks Like Right Now
Franklin is a family-oriented suburb with a strong school district and competitive sports programs, and easy access south of Milwaukee draws working professionals too. Single-family homes are consistently the best-performing rental assets here; duplexes are less common and in high demand when available. Working farms still sit on the outer edges alongside newer subdivisions. Ballpark Commons anchors entertainment, Lions Legend and Fromming Park bring pickleball, and Ricky's Double Barrel Supper Club and Honey Butter Cafe are local favorites.
Inventory leans newer than most Milwaukee County cities — mostly subdivision single-family built from the 1990s on — with a renter base of families and relocating professionals who want space, schools, and I-94 access without a Brookfield or Mequon price tag. Newer buildings carry lower deferred CapEx early, but they compete directly with Oak Creek and Greendale on finishes, so listings priced aspirationally sit while market-priced units move.
Winter seasonality slows leasing across Milwaukee between November and February, which is why we price Franklin units to the market rather than to aspiration: the price is the problem when a unit sits empty through a Wisconsin January.
Want to see what your property is worth as an investment? Walk through it with PAM's IRR Calculator →
A Three-Step Engagement, Built To Last
Starts before a resident moves in. Continues through the full hold period.
Free Market Analysis
We pull a CMA for your address, set rent at market (not aspiration), and walk the property to scope rent-ready vs. move-in-ready work. No cost.
Resident Placement
Listings go live across 50+ platforms with 24-month screening, and the Leasing Guarantee covers any PAM-placed resident who leaves before 12 months.
Ongoing Asset Management
Monthly investor statements, CapEx and IncomeEx inspections twice a year, lease renewals at the 88.76% rate, and 24/7 maintenance through our resident portal.
Not Sure What Your Current Renewal Rate Is? Find Out
If your manager doesn't know the number, that itself is a signal worth a 15-minute conversation.
Six Fees Most Franklin Managers Stack — None Of Them On A PAM Invoice
Monthly management is 8% of collected rent, capped at $250/mo. Placement is 100% of first month, capped at $1,500. Lease renewal is $300 flat. Maintenance coordination is $10/work-order. That is the full list.
Full breakdown lives on our pricing and fees page.
Four-Point-Seven Stars — Seventeen Years Of Reviews
From investors and residents across Franklin and the greater Milwaukee area. Read our reviews.
The Questions Franklin Investors Ask Most
The average lease renewal rate in Franklin runs around 75% market-wide.
The vacancy rate in Franklin is under 2%.
The likelihood of eviction in Franklin is under 1% with proper resident screening.
Franklin draws a mix of young professionals and families, drawn to the school district and easy access south of Milwaukee.
Franklin is very walkable, with extensive green space and easy freeway access.
The quality of living in Franklin is extraordinarily high, attributed to low crime, ample green space, easy freeway access, and newer construction throughout the suburb.
Still have a question? Call (414) 368-0460 — fifteen minutes is enough to walk through your portfolio.
We manage every property like it's our own, because your success is our business. Your annual performance is our forever reputation.
Schedule A 15-Minute Call
With Jim Miller
Find out what an 88.76% renewal rate and fees-waived-when-vacant could mean for your Franklin property.