Zibo | Blog

Need a Cozy Alternative? Zibo Welcomes Large Commercial and Residential Landlords

Written by Zibo Team | Jun 24, 2021

Learn how both residential and non-residential landlords use Zibo’s free platform to securely automate rent collection

If you used Cozy for commercial properties, you probably received an email that Cozy will no longer support your rent collection needs due to the migration to Apartments.com. 

Looking for a Cozy alternative? Zibo is a free, one-stop-shop financial platform designed for both residential and commercial landlords. Whether you collect rent on residential properties or any non-residential property such as parking spots, office space, storage units, billboards, salon chairs, and more, Zibo can help you stay organized, save time and achieve passive income. 

Join other Cozy users who have switched to Zibo’s free platform for landlords

What is Zibo?

Zibo is an all-in-one financial services platform built for independent landlords. With Zibo, landlords can receive online rent payments, deposit paper checks, and manage all of their property bank accounts in one platform — for free. 

Zibo has one of the fastest payment deposit times compared to peer online rent collection platforms — with rent payments arriving in your account in just 2-3 business days (compared to Cozy’s 5-business day turnaround). We also help simplify tax preparation by helping landlords tag expenses by Schedule E category and assign them to specific properties. 

Your tenants will love Zibo’s flexible payment methods, which allow them to pay rent using an ACH bank transfer, debit card, or credit card.

Zibo includes far more financial tools than just rent collection. We offer the only bank account designed for landlords, helping you earn 3.75X the national average interest rate with no monthly fees and no minimum balance. Zibo customers also get access to competitive mortgages, transparent insurance, and property performance insights to help you increase your cash flow. 

Is Zibo really free?

Yes, Zibo really is free for landlords. Rather than charging fees like traditional banks and technology platforms, Zibo makes money in other ways in order to provide our tools at no cost to landlords. Learn more about the Zibo business model

Renters can make payments via ACH transfer for free, or can choose to pay rent with a credit or debit card for a 2.99% processing fee.

Get access to additional landlord services

While Zibo does not offer some of the additional tools that Cozy had directly through our platform, we do offer the following services through partnerships with top vendors in the Zibo Marketplace:

  • Property Management
  • Lending
  • Tenant Screening
  • Legal Documents
  • Property Tax Appeal
  • Property Insurance
  • Rent Reporting
  • Renters Insurance

Zibo Marketplace provides landlords and renters quick access and exclusive offers for best-in-class real estate services. We reviewed dozens of vendors and spoke to thousands of Zibo community members to curate a list of recommendations. 

Ready to switch to Zibo? 

Securely automate rent collection, for free.

Managing 25+ units? Call us at (855) 920-9907 or email us at premium@zibo.co for a free onboarding consultation.

Learn about the Zibo landlord signup process in this step-by-step guide.

Want to know what the Zibo experience looks like for your tenants? Read our blog post How Do Renters Sign Up for Zibo? for instructions on the Zibo renter sign-up process.