CW 626 Gino Zahnd - Cozy Tenant Screening, Rent Collection & Self-Management

Owning the most historically proven asset class, income property, is getting easier. This new service allows landlords to screen tenants, view credit reports and collect rents from a smartphone or tablet.  There are nominal fees built into services like debit card processing and the obtaining of a credit report which are paid for by tenants. Professional property owners now have a one-stop shop for managing their income properties, no matter where they are in the world. 

 

Key Takeaways:

 

Jason’s Editorial:

[1:24] The devastating news from the stock market, was it manufactured? 

[5:44] Could the government take away the benefits of the most tax favored asset?

[7:37] The entire world economy is 60 trillion in a year and we lost 8 trillion in less than 1 month

[9:58] Let’s print more money because there is no limit 

[12:57] Get free powerpoint slides and a reserve your spot for the next JHU event March

 

Gino Zahnd Guest Interview:

[17:12] What exactly is Cozy and how did it start?

[20:23] A landlord has access to a tenant’s credit report without the chance of identity theft

[22:10] An agent can only use the screening tools or the full-service option

[24:59] Can a landlord can still add an application fee to cover their time spent?

[27:44] Credit reports & background checks have a fee associated with them via Cozy

[29:35] Automated Clearing House (ACH) payments are free between landlord and tenants

[32:07] Cozy eats the cost of transactions in exchange for client satisfaction

[33:26] 2 ways for a landlord to initiate payments

[35:45] Cozy’s goal is to be the best one-stop shop for realizing rent payments

[39:52] Rental markets are in the U.S. are fragmented and hard to access

[40:50] Cozy is available on your phone or tablet and new services are coming

 

Mentions:

JasonHartman.com - For the Matrix powerpoint

Cozy

@cozyco

Hartman Education - Meet the Masters of Income Property Slides