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AppFolio: Addresses The Challenges Property Managers Face
APPFAppFolio(APPF) Seeking Alpha·2024-07-10 08:29
Lordn/iStock via Getty Images Summary I am positive on AppFolio (NASDAQ:APPF). My summarized thesis is that the APPF solution helps small and medium-sized property managers address the challenges they face in improving operational efficiency without incurring a huge cost. The current environment, where the labor market is tight and mortgage rates remain high, is a major growth tailwind for APPF, and this should support robust growth over the foreseeable future. Long-term, the TAM is large enough to sust ...