How PMI Built a 475-Location Property Management Franchise with CEO/Co-founder, Steve Hart

Peter Lohmann's Podcast · Mar 5, 2026 · 1h 2m

What does it take to build a national property management franchise?

In this episode, I sit down with Steve Hart, CEO and co-founder of PMI, a franchise network with nearly 500 locations and 35,000+ doors under management.

We unpack how PMI grew from a startup during the 2008 financial crisis into one of the largest property management platforms in the country.

We discuss:

(00:00:00) - Intro

(00:01:25) - Meet Steve Hart

(00:05:09) - Building a franchise platform

(00:07:22) - Five pillars explained

(00:13:21) - HOA margins and revenue

(00:16:00) - Sponsor - appgentic.ai

(00:17:48) - Who should…