"Turn Ratio Utility Billing Into Revenue"

Nat KunesDirector, Product Management

Turn Ratio Utility Billing Into Revenue

• Web-based property management software

• Complete Solution Includes• Property Mgmt & Accounting• Online rent collection (free)• Prospect / Guest Card Tracking• Marketing • Website• Payment processing• Online applications• Resident Screening

AppFolio

So You Run a More Successful Business

Utility Billing Survey

Survey Results

Why Bill Utilities?

* Up To 30% Increase In Utility Prices *

Why Bill Utilities?

Not Easy To Raise Rents

History

1920’s

First Utility Billing Laws Recorded

History

1980’s

Property Managers Start Using RUBS

Laws & Regulations

Types

Flat Rate

Submetered

RUBS

What Is RUBS?

A calculation based on the master-meter utility bills, apartment square footage, apartment occupancy, number of beds, or some combination of factors.

Why RUBS?

Unable To Retrofit

Why RUBS?

No Capital Expenditures

Up To $400 Per Unit To Sub-Meter!

Why RUBS?

Be Green!

10-20% Drop In Usage

How To Roll Out RUBS

Update Your Leases, Including Renewals

How To Roll Out RUBS

Find A RUBS Vendor

How We Came To Build RUBS

Feature Feature Feature

RUBS In AppFolio

Free!!! Built-In Save Time

Entering a Bill

Statement

"Turn Ratio Utility Billing Into Revenue"

Real Estate

Transcript of "Turn Ratio Utility Billing Into Revenue"