Cozy Property Management & ACH

[Justin Wallman]

Hello all!  We self manage 120 properties and we are finally beginning to streamline our process a bit.  We have since signed up with Cozy (just last month & way overdue) and it is amazing how this has the potential to become very passive in terms of rent collection.  We had 40 tenants pay this way the first month.  My question is - Has anyone tried offering an incentive for tenants to sign up for ACH?  I know "its free" is pretty enticing, but are there any other ways you came up with to get more people to sign up?  I would love to get a 70-80 % penetration rate.  Thanks in advance!

  

[John Underwood]

Offer a no rent increase on renewal for people who switch to cozy.

Better than a discount.