Property Management Software Options: Innago vs. Cozy

A good landlord is always looking for new tools to optimize property management. Property management software is one of these tools.

However, it’s normal to feel overwhelmed by the variety of platforms and options to choose from. Your goal is to find the best software fit for your business, but doing so entails a lot of work.

As you research, keep track of platforms that interest you along with their features, pricing, and ratings. Some platforms offer different features depending on which package or plan you select. Others offer a free trial or feature-light versions. Before you make a purchase, be sure to research each of these factors. You might even create a spreadsheet to keep track of each platform and lead you to your final decision.

Two property management software platforms stand out from the rest: Cozy and Innago. These platforms are both free to use for landlords. By learning about these two platforms, you will have a better idea of which platform might be right for you.

Cozy

Features

Cozy has been newly moved to Apartments.com, the most-visited rental search site on the Internet. This partnership means some of Cozy’s features are integrated with those of Apartments.com.

For example, Cozy offers direct listing on Apartments.com. Other features include online rent collection, maintenance, rental applications, tenant screening, and electronic document signing.

One unique feature Cozy offers is localized leases. This means their lease creation tool is customized to comply with local laws depending on your state.

Cozy property management software does not manage individual rooms, commercial properties, or non-residential units.

Pricing

Cozy is one of the few property management software platforms completely free for landlords. While rare, the free pricing model encourages landlords who may be hesitant about the price to try out property management software.

Ratings

Before the merger, Cozy had moderate ratings on the top three software review sites: Capterra, Trustpilot, and G2. Cozy scored 4.5, 3.7, and 4.2, respectively.

However, these ratings reflect only a small portion of Cozy users. On the top review sites, Cozy accumulated only 33, 1, and 20 reviews, respectively.

More ratings and reviews can be found under Apartments.com.

Innago

Features

Innago offers primary and secondary features. Like Cozy, Innago offers online rent collection, tenant screening, maintenance management, and lease signing. Innago also offers a tenant communication or chat feature.

Innago’s secondary features include multi-user management, a mobile app, rental advertising/listing syndication, renter’s insurance, and responsive support.

While Innago is built for property managers or landlords, the platform offers a little more flexibility than Cozy when it comes to getting creative with your software. For instance, in addition to supporting individual bedroom rentals or corporate housing, Innago users have also used their software to rent storage space, parking spots, hair salons, or virtual space.

Also Know About loan management software

Pricing

Similar to Cozy, Innago’s services are completely free for landlords. However, Innago operates independently from a major listing site like Apartments.com. Instead, Innago makes a profit from small fees distributed across tenants when they make a purchase on the platform, such as renter’s insurance.

These small fees are enough to sustain Innago, a quickly growing property management software option.

Ratings

Innago’s high ratings reflect its growing popularity. On the three major review sites, Innago is rated 4.9, 4.8, and 5.0, respectively. As the company continues to accumulate more users, its quantity of reviews rises as well. Because free property management software is so rare, Innago attracts a range of customers who want the benefits of a property management system without the high prices. The platform’s exceptional user experience and responsive customer support also promote its success.