- What is your go-to software or application? - Has cozy worked out for you? Advice? Tips?

Cozy + Dropbox + Zillow + mobile phone + pick up truck + tool box cash flows life. Life is good.

@Cameron Riley I use TenantCloud for general stuff. I like it because its free up to your first 75 homes. I have used cozy but pretty much for its listing capabilities.

We use TenantCloud for Property Management, Quickbooks Online for Accounting/Rent Collection, and Zillow/Trulia/Hotpads and Apartments.com for listings.

@Cameron Riley I started with Cozy, and loved it. As I grew, I migrated to Rentec Direct. It has a small cost to it, but it does more what I want. If you have more specific questions, let me know. Nick

@Cameron Riley I used cozy for the first time for my latest rental, I thought it worked very well. Easy to navigate, reports were thorough and well laid out, and rent collection is easy. As I self manage more rentals I'll stick with them.

Cozy is good for what it does basically rent collections and very very basic accounting. When I started I used Cozy, Zillow for listings, and excel spreadsheets for book keeping, and google voice/hangouts dialer to communicate. But after I passed 24 units I needed something with everything in the same place. So I switched to Buildium. It’s not free like all the others but it is worth it for sure when you self manage a good amount of units.

We're using Cozy and it's very convenient for us. No experience with other systems--we started with Cozy and haven't gone anywhere else.

@Cameron Riley I was old school - all paper for 13 years! Then I was moved across the country with the military, and had to figure out a more hands-off system. Learned about Cozy on a military landlords forum. I transitioned to it as we bought new properties and tenants moved. I love it for several reasons: It’s free; it stores your listing photos and narrative, so reposting is vey easy; it stores all application, credit/background reports on all tenants; it’s easy to look-up past rents received for accounting purposes; you can set-up email notifications to let you know when rent has been initiated; tenants can pay with several methods which cost you nothing and keeps you out of their financial chaos; tenants pay for app fees, credit/background reports through the site, so you don’t need to collect money; and it’s made it so I (and the tenant) can do EVERYTHING from anywhere in the world. There are some things that I don’t love. I’ve heard mixed reviews on the background portion. Some in other forums report it missing big stuff. Mine have all come back clean (other than minor things). I’m not sure if that’s due to it being incomplete or the fact that we get A/B class tenants??? If you cater to C/D class tenants; I’d do more investigating. I also don’t like it’s “syndication” option for listings. But I’m spoiled....I list on Craigslist and AHRN and find great people easily. I tried syndicating (I think Zillow, Hotpads, and Realtor.com) through Cozy and was scammed several times. We had tenants calling my husband’s work (this number wasn’t listed anywhere), showing up at the property when we didn’t list the address, and we got calls 4 months after I’d removed the listing. It was like the wild-wild-west and I will not do that again! Also, you can only send notifications to one email. I called to see if I could add my husband so we are on the same page about payments, but it’s not an option. So, probably not great if you work in a team. In regard to accounting....hire a CPA who uses Quickbooks online. They usually have someone who will teach you to use it in a couple hours (cost me $300). It links to your bank account, and your CPA can login to fix anything you mess up or aren’t sure how to allocate. I was skeptical, because I had a system (much more time consuming), but it’s been a good move.

Cameron, I'm not saying I'm the best bookkeeper, I contemplate outsourcing my bookkeeping every once in a while. But, if you're going to do it find what works for you. You can use Excel, but it'll be all manual with a small learning curve. I think of myself as good with Excel, but I prefer automation and syncing my bank accounts with a program. I do use Excel for a static estimator. I've built my own quad chart and offer calculator that gives me a good idea what my cash-on-cash return is. I also use Excel to teach rehab budgets. But in all cases, I also have each transaction categorized in Rentec, which will spit out a Schedule E for my accountant, profit/loss statements for lenders/property owners, etc.

@Cameron Riley I use these most frequently Cozy RentRange Google Voice

Cozy? Life Saver Apps and software for landlords? Cozy? Life Saver Apps and software for landlords?

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Cozy? Life Saver Apps and software for landlords?

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