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Stock impact report

Property managers turn to tech to solve their biggest challenges [Yahoo! Finance]

AppFolio, Inc. - Class A (APPF) 
Last appfolio, inc. - class a earnings: 3/2 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Maintaining high occupancy rates is a top issue for property managers, with 43% of them expecting these struggles to have a significant impact on their business this year, according to a recent Appfolio survey of over 2,000 apartment operators. Rising insurance costs are close behind, with 39% of respondents citing this as an issue, followed by taxes and government regulations. Most of the issues facing property managers are united by a common denominator: the rising cost of doing business. “The economics of housing are tight,” Melissa Deen, president of Reno, Nevada-based property manager CloudTen Residential, told Multifamily Dive. “Maintaining quality communities and homes is expensive, as is responsive service. Wages, ma Read more
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