JWB Property Management Revenue and Competitors

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Location

N/A

Total Funding

Real Estate

Industry

Estimated Revenue & Valuation

  • JWB Property Management's estimated annual revenue is currently $8M per year.(i)
  • JWB Property Management's estimated revenue per employee is $135,000

Employee Data

  • JWB Property Management has 59 Employees.(i)
  • JWB Property Management grew their employee count by 11% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$2.4M23-8%N/AN/A
#2
$3M29-6%N/AN/A
#3
$3.8M32-9%N/AN/A
#4
$28.2M1710%N/AN/A
#5
$18.2M121N/AN/AN/A
#6
$32.7M198N/AN/AN/A
#7
$18.3M1220%N/AN/A
#8
$27.7M168-2%N/AN/A
#9
$78.2M4170%N/AN/A
#10
$492.9MN/AN/AN/A

Property Management Focused On Delivering Returns JWB Property Management delivers passive income for your northeast FL rental properties by signing 2-3 year leases. We currently manage over 2,200 rental properties and work with clients who come to us from over 40 states and 12 countries. They choose to put their trust, and their investments, in our hands and generally prefer to be completely passive. We deliver the passive income from rents collected on a monthly basis through direct deposit and handle all aspects of the rental properties for our clients. One of our company core values is under-promise and over-deliver. That's what we enjoy the most about our work. Many times landlords will come to us and are frustrated that they have had issues with maintenance and vacancy costs and a lack of customer service from their previous property management company. JWB is able to deliver consistent returns and turn this investment property into something that the owner is excited about again. Our pricing is based on the value we drive to our clients. JWB focuses on long-term tenant stays with our average resident staying over 3 years. Here are our 3 fees: Tenant placement fee = 1 month's rent Monthly mgmt fee = 10% of gross rents collected Lease renewal fee = $250 flat fee The best education that a property manager needs to have is owning rental properties themselves. They need to feel the pain of making mortgage payments if a property is vacant or the costs of maintenance items so that they can build systems and train the team on how to mitigate them in the future. JWB has been investing in northeast Florida for over a decade and our company owns over 500 rental properties in the same neighborhoods as our clients. We're investing right beside our clients and that ensures that our goals are aligned and we can see opportunities to drive better returns and overall exceptional client experience. Each year we sign over 800 leases with an average duration of lease signed of over 30 months. We only sign 2 and 3 year leases and focus on building a relationship with the resident so they will continue to renew their lease with us. Over 70% of residents that come up for renewals choose to resign with JWB. Our average duration of tenant stay is over 3 years. The first step is an introductory phone call to make sure goals and expectations are aligned. After a few conversations and some information gathering, clients typically will be officially on-boarded within 1-2 weeks.

keywords:Finance,Real Estate

N/A

Total Funding

59

Number of Employees

$8M

Revenue (est)

11%

Employee Growth %

N/A

Valuation

N/A

Accelerator

JWB Property Management News

17-Aug-19 - Town & Country Shopping Center in Arlington sold

Jacksonville-based JWB, led by Alex Sifakis, focuses on urban ... its property management and infill land development and construction, ...

15-Mar-19 - JWB acquires Ponte Vedra property management company

Jacksonville-based JWB Real Estate Capital has acquired a local property management company, giving JWB a big boost to the number of ...

07-Sep-19 - Wiley Reports First Quarter Fiscal 2020 Results

HOBOKEN, N.J.--(BUSINESS WIRE)--John Wiley & Sons, Inc. (NYSE:JWA)(NYSE:JWB), a global ... Management believes non-GAAP financial measures, which ... Capital expenditures, including Technology, Property, and ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$14.3M59-13%N/A
#2
N/A59-3%N/A
#3
N/A60140%N/A
#4
$13.5M600%N/A
#5
$14.8M6117%N/A