"turn ratio utility billing into revenue"
TRANSCRIPT
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
Q & A