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Nat KunesDirector, Product Management
Turn Ratio Utility Billing Into Revenue
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• 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
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Utility Billing Survey
Survey Results
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Why Bill Utilities?
* Up To 30% Increase In Utility Prices *
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Why Bill Utilities?
Not Easy To Raise Rents
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History
1920’s
First Utility Billing Laws Recorded
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History
1980’s
Property Managers Start Using RUBS
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Laws & Regulations
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Types
Flat Rate
Submetered
RUBS
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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.
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Why RUBS?
Unable To Retrofit
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Why RUBS?
No Capital Expenditures
Up To $400 Per Unit To Sub-Meter!
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Why RUBS?
Be Green!
10-20% Drop In Usage
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How To Roll Out RUBS
Update Your Leases, Including Renewals
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How To Roll Out RUBS
Find A RUBS Vendor
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How We Came To Build RUBS
Feature Feature Feature
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RUBS In AppFolio
Free!!! Built-In Save Time