factual
What is the current monthly fee for the Casiola Property Management System (PMS)?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
| account by ACH or other means we designate. | |||
| Property Management System (PMS) | Currently $40 per month, per active rental property and subject to increase | Monthly on the first Thursday of each month | Monthly license for property management system. Payable to us or supplier as we designate. |
Source: Item 6 — OTHER FEES (FDD pages 12–18)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, franchisees must pay a monthly fee for the Property Management System (PMS). The current fee is $40 per month for each active rental property. This fee is subject to increase over time.
The PMS fee is due on the first Thursday of each month. Casiola franchisees must pay this fee to Casiola or a designated supplier, as directed by Casiola.
This fee covers the monthly license for the property management system. It's important for prospective franchisees to factor this recurring cost into their financial projections, as it directly impacts their operating expenses for each rental property they manage under the Casiola franchise.
Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.