Landlord Studio vs. Cozy: Which one is right for you?

Both Landlord Studio and Cozy are high-quality property management platforms used by thousands of landlords and property managers. Both platforms offer useful tools to help you streamline your workflow and improve the renter’s experience.

When it comes to determining which is the best option for you, you need to carefully consider your individual needs and your portfolio size. Landlord Studio users save more time and get more value from the software the more properties they have. Cozy (recently purchased by Apartments.com) is designed for landlords managing fewer properties.

The main difference between the two though is the focus. Landlord Studio is designed to make your income and expense tracking as easy and efficient as possible with automated rent collection, advanced reporting, smart scan receipts, and more. Cozy on the flip side focuses more on improving landlord task management. For example, listings and tenant applications. In this article, we compare the features found in both to help you decide which product is right for you.

“You don’t have to be tied down to your desktop computer anymore. With Landlord Studio I can track payments, income and expenses if I’m at home, on my lunch break at work, in the car. And there are so many things you can do now with the app… definitely i’d say, it’s worth giving it a go.”

– Tapiwa Wakitama, Real Estate Investor

Landlord Studio vs Cozy

How Has Cozy’s Change To Apartments.com Affected It?

Cozy is a property management solution that has dominated the market as a simple tool for landlords. However, after its acquisition by Apartments.com, it has become less about the landlords who use it and more about developing Apartments.com’s primary business – rental listings.

This shift in focus away from the landlord has caused some issues with previously loyal landlord users who are finding some of their favored functionality has been removed or changed.

A few of the key complaints old users have had include a reduction of functionality since Cozy was purchased, a poor app experience, not supporting commercial property management, and increased listing fees.

Whatever the reason you’re looking at Cozy alternatives, it’s always a good idea to analyze the current tools available on the market to see if you can better optimize your processes to save yourself time and improve your rental business’s profitability.

Pros:

• Free ACH payments
• Manage rental listings and tenant applications
• Basic maintenance tracking
• Simple software for landlords with fewer properties.

Cons:

• Additional property management features have fees
• No commercial property management
• Poor app experience
• Only basic income and expense tracking

‍

Why Landlords are Switching from Cozy to Landlord Studio

Save time and money with Landlord Studio

Landlord Studio is an accurate, efficient way to keep track of your rental business’s finances. Track your expenses on an organization, property, or unit level, manage tenants, automate rent collection, income tracking, late fees, reminders, and more.

Find out more ⟶

A complete overview of your portfolio

With our intuitive dashboard and easily customizable reports, you can quickly gain oversight of your portfolio or individual properties to ensure nothing slips through the cracks and to make tax time a breeze.

Find out more ⟶

Manage your properties anywhere, anytime

You don’t need to be tied to a desk. You can manage your properties, track income and expenses, chase up tenants, and digitize your receipts easily and quickly from your mobile device in real-time.

Find out more ⟶

Is Landlord Studio the right solution for you? Watch these Landlord Studio reviews →

Comparison: Final Thoughts

Primarily, Cozy offers solutions to common job-oriented property management challenges. For example, their Online Rent Collection features are used and trusted by thousands of landlords across the US. Additionally, Cozy focuses on areas like rental listings and property maintenance requests and tracking, neither of which Landlord Studio currently offers solutions to.

Related: Should you Use Quickbooks for your Rental Properties?

If these are challenges that you are looking for solutions for then Cozy may be a software worth exploring. If however, you are looking for a better way to manage your income and expense tracking, automate rent reminders, generate invoices and receipts and run advanced reports for tax time then we recommend taking full advantage of Landlord Studio’s free plan to ensure it’s the right solution for you.

Still not convinced? Hear from other landlords who love Landlord Studio ❤️

“Top app, better than anything else I have tried out. Support team is outstanding in replying to any questions I have had around configuration. Incredibly helpful bunch, saved me 5+ hours a week already.”

Christian Baker - GOOGLE PLAY STORE

‍

“This software is very intuitive and easy to use, yet still has powerful features to help landlord’s keep up with their books on their rental properties. The customer service is excellent and they are very responsive to the needs of the customer.”

Scott B. - CAPTERRA

‍

“We started using Landlord Studio about 2 years ago, before that, it was the old-fashioned spreadsheets. We really like the reporting aspects of Landlord Studio – it automates things that used to take me minutes (and sometimes hours) to complete.”

Jason A. - CAPTERRA

‍

“I have never felt so organized before using Landlord Studio. There are never any questions on payment history and my tenants appreciate the emailed receipts. I have recently begun to use additional features built into the app such as texting groups of tenants, tracking expenses, etc. The program really worked wonders for the management of my properties. ”

David B. -CAPTERRA

No technical headaches, backdate your data. An easy-to-use software.

It can be a little daunting to move to any new system. We have comprehensive support pages with videos as well as our dedicated team on standby to help you get the most value out of our software as quickly as possible.