Peter Lohmann breaks down how property-management software makes money beyond subscriptions: rental-application fees, background checks, insurance, and payment processing. AppFolio blocks third-party integrations to keep these transactional revenues for itself.
make a huge chunk of their money not from the monthly subscription fees, but from the transactional revenue around things like rental applications or background, you know, tenant screening, various insurance programs. And, you know, like just looking at AppFolio— Payment processing. Payment processing, EFTs and things like that. So is that part of what you're talking about here? Or like, um, I mean, AppFolio famously disallows a point solution integration if they're taking up too much of that revenue. 'Cause Appfolio wants to protect that.
