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2017 © AppFolio, Inc. Confidential.
2017 © AppFolio, Inc. Confidential.
The Situation RoomHow Property Managers Can Prepare for an Unpredictable Future
Nat Kunes, VP ProductAppFolio Inc.
2017 © AppFolio, Inc. Confidential.
Join Us Online - #AppFolioChat
facebook.com/AppFolio
Follow Us @AppFolio
Follow Us – AppFolio
2017 © AppFolio, Inc. Confidential.
• Property management and accounting• Online rent collection (free)• Prospect / guest card tracking• Vacancy Marketing• Websites• Online applications & leases• Resident Screening• Mobile Inspections
… So You Run A More Successful Business
Web-Based Property Management Software
@AppFolio #AppFolioChat
AppFolio
2017 © AppFolio, Inc. Confidential.
The Situation RoomHow Property Managers Can Prepare for an Unpredictable Future
Nat Kunes, VP ProductAppFolio Inc.
2017 © AppFolio, Inc. Confidential.#iheartappfolio
2017 Predictions
2017 © AppFolio, Inc. Confidential.#iheartappfolio
Mixed Portfolios
2017 © AppFolio, Inc. Confidential.#iheartappfolio
Leasing
2017 © AppFolio, Inc. Confidential.#iheartappfolioMobile
2017 © AppFolio, Inc. Confidential.
Poll #1How Different Do You Expect Leasing Activity To Be in
2017?
a) Significantly Strongerb) Slightly Strongerc) About The Samed) Slower
2017 © AppFolio, Inc. Confidential.#iheartappfolio Market Update
2017 © AppFolio, Inc. Confidential.#iheartappfolio
122,753,277 Units
2017 © AppFolio, Inc. Confidential.
Market SplitResidential:
46,030,000 (37%)
Commercial:50,523,277 (41%)
HOA:26,200,000 (22%)
2017 © AppFolio, Inc. Confidential.#iheartappfolio
46,030,000 Residential Units
2017 © AppFolio, Inc. Confidential.
Breakdown
MFR:18,412,000 (40%)
SFR:23,935,600 (52%)
2-4 Units:3,682,400 (8%)
2017 © AppFolio, Inc. Confidential.#iheartappfolio
50,523,277 Commercial Units
2017 © AppFolio, Inc. Confidential.
Breakdown
Office: 42%
Industrial: 25%
Retail: 33%
2017 © AppFolio, Inc. Confidential.#iheartappfolio
26,200,000 HOA Units
2017 © AppFolio, Inc. Confidential.#iheartappfolio
Existing hoa market
42%
55%
2017 © AppFolio, Inc. Confidential.
Poll #2How Many Different Property Types (SFR, MFR, Student,
HOA, Commercial, etc) Do You Manage?
a) Oneb) Twoc) Threed) Four Or More
2017 © AppFolio, Inc. Confidential.#iheartappfolio
Recent Trends
2017 © AppFolio, Inc. Confidential.
90.00%
91.00%
92.00%
93.00%
94.00%
95.00%
96.00%
2008 2009 2010 2011 2012 2013 2014 2015 2016
Occupancy Rates
2017 © AppFolio, Inc. Confidential.
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2010 2011 2012 2013 2014 2015 2016
YTD Effective Rent Growth
2017 © AppFolio, Inc. Confidential.
Tax Benefits of Owning
$5,852
($3,890)
-$6,000
-$4,000
-$2,000
$0
$2,000
$4,000
$6,000
$8,000
Mortgage Interest and Property Taxes in Excess of Standard Deduction
2017 © AppFolio, Inc. Confidential.
2017 © AppFolio, Inc. Confidential.
Migration
2017 © AppFolio, Inc. Confidential.
Decline in Rural Life
6% 7% 10% 8% 21%
71% 79% 69% 77%
71%
23% 14% 21% 15% 8%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
1970 - 1980 1980 - 1990 1990 - 2000 2000 - 2010 2010 - 2015
Growth By Decade
Urban Suburb Rural
2017 © AppFolio, Inc. Confidential.
2017 © AppFolio, Inc. Confidential.
Affordability
2017 © AppFolio, Inc. Confidential.
2017 © AppFolio, Inc. Confidential.
Rent Burdens
0
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
1990 2000 2005 2010 2015 2025
2017 © AppFolio, Inc. Confidential.
Poll #3Are you seeing an uptick in affordable housing
management in your area?
a) Yesb) No
2017 © AppFolio, Inc. Confidential.
AgingPopulation
2017 © AppFolio, Inc. Confidential.
2017 © AppFolio, Inc. Confidential.
Technology Predictions
2017 © AppFolio, Inc. Confidential.
As technology optimizes day to day processes and functions, successful property
management companies will differentiatethemselves with amazing service…
2017 © AppFolio, Inc. Confidential.
Big Data
2017 © AppFolio, Inc. Confidential.
Machine Learning
2017 © AppFolio, Inc. Confidential.
Automation
2017 © AppFolio, Inc. Confidential.
2017 © AppFolio, Inc. Confidential.