SUCCESS SNAPSHOT

Streamlined Accounting with an Innovative Technology Solution

The Equity Group

  • HEADQUARTERS
    Visalia, CA
  • PORTFOLIO
    Multifamily Residential, Single-family Residential
  • PREVIOUS SOLUTION
    Manage It
  • YEAR ESTABLISHED
    2002
  • UNITS MANAGED
    2,900+
AppFolio has been great with the roll out of new programs to help us deal with COVID-19. New forms and systems help us navigate the ever-changing requirements that are placed on us.
Headshot of Tony Curie, Director of Bear Property Management (an AppFolio Property Management Software customer).

STEVE DUERRE
President, The Equity Group

Founded in 2002, The Equity Group manages a large portfolio of multifamily and single-family residential properties in the Central Valley of CA. They have acquired several smaller property management companies, adding hundreds of units to their portfolio over the last 15 years.

Growth with AppFolio Property Manager PLUS:

Unit Growth
with AppFolio

500+

Time Saved/Month
on Accounting

30+ Hrs

Online Payments

80%

Online Rental
Applications

8,000+

Challenge: With technology moving at such a fast pace, the Equity Group was finding it difficult to adjust to market trends quickly without purchasing new, third-party systems to supplement their old property management software. They were also spending nearly a third of their time on mid-month and month-end accounting close outs.

Impact: With AppFolio, Steve Duerre and his team save nearly 8 full days of accounting work. As a result, The Equity Group has been able to increase their portfolio each year without hiring new staff. Steve says “AppFolio software makes accounting and communication simple. We still cannot replace human to human interaction, but AppFolio has made it easy to communicate faster and more efficiently than the old days of property management.”




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