About Stessa

Stessa is a web-based platform for property investors to manage, monitor, and communicate the performance of real estate portfolios. The software helps real estate professionals with reporting dashboards, security, tax-ready financials, expense and income tracking. From adding properties and connecting accounts to assessing performance metrics and running financial accounts, Stessa helps in managing the entire real estate portfolio.

Stessa's primary features include visual dashboards for monitoring key metrics, an iOS app to capture and scan property-related invoices and paper receipts, and an automated expense tracker to categorize and consolidate transactions from loan and banks. Additionally, Stessa also provides a personalized investment dashboard, LP communication tools, and automated receipt scanning.

Stessa integrates with AppFolio to automatically import transactions every month. Support is provided via online help desk and email.

Key benefits of Stessa

• Stessa helps track key metrics via visual dashboards and real-time data to make better decisions and manage investment outcomes.

• Stessa's iOS mobile app leverages machine learning to capture, track, categorize, organize and scan property-related invoices.

• Automated expense and income tracking solutions help consolidate transactions from property, banks, and loan management accounts.

• Short-term rental and vacation owners can use Stessa to track performance via Pro Forma column and monthly expenses function.

• Property managers can integrate AppFolio with Stessa to enable automated transactions.

Devices

Business size

S M L

Markets

United States

Supported Languages

English

Images

The portfolio overview includes asset return, occupancy, debt, and cash flow
View mortgage details including principal balance, interest rate, and monthly payment
Stessa's Pro Forma expenses dashboard
View property details, financials, and update basic property information
Update property addresses, names, and edit portfolios
Loan-to-Value and Mortgage dashboard including Value and Debt
View 7 more
Stessa video
Stessa screenshot: The portfolio overview includes asset return, occupancy, debt, and cash flow Stessa screenshot: View mortgage details including principal balance, interest rate, and monthly payment Stessa screenshot: Stessa's Pro Forma expenses dashboard Stessa screenshot: View property details, financials, and update basic property information Stessa screenshot: Update property addresses, names, and edit portfolios Stessa screenshot: Loan-to-Value and Mortgage dashboard including Value and Debt

Features

Total features of Stessa: 50

  • Accounting
  • Alerts/Notifications
  • Asset Management
  • Budgeting/Forecasting
  • Cash Flow Analysis
  • Cash Flow Management
  • Categorisation/Grouping
  • Consolidation/Roll-Up
  • Data Import/Export
  • Data Visualization
  • Document Management
  • Document Storage
  • Expense Tracking
  • Fee Management
  • Financial Management
  • Financial Reporting
  • For Investors & Traders
  • For Property Managers
  • For Real Estate
  • Forecasting
  • Investments Tracking
  • Lease Tracking
  • Mobile Access
  • Modeling & Simulation
  • Owner Portal
  • Payment Tracking
  • Performance Management
  • Performance Metrics
  • Portfolio Management
  • Portfolio Rebalancing
  • Property Database
  • Property Management
  • Real Estate
  • Real Time Data
  • Receipt Management
  • Rent Tracking
  • Reporting/Analytics
  • Residential Leases
  • Residential Properties
  • Risk Management
  • Sales Forecasting
  • Sales Tax Management
  • Self Service Portal
  • Tax Management
  • Tenant Tracking
  • Time & Expense Tracking
  • Transaction History
  • Transaction Monitoring
  • Vacancy Management
  • Visual Analytics

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Reviews

Overall rating

4,8 /5
(50)
Value for Money
4,9/5
Features
4,5/5
Ease of Use
4,7/5
Customer Support
4,8/5

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Showing 5 reviews of 50
Eric Z.
Overall rating
  • Industry: Real Estate
  • Company size: Self Employed
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Stessa is a game changer for the independent rental owner.

Reviewed on 2021/01/14

Pros

Stessa offers the most intuitive, purpose-built rental property financial software that I’ve come across. Far too many colleagues of mine are still either using overly complicated general accounting software, or worse, tracking everything manually in Excel. Stessa not only allows me to automate the majority of my bookkeeping, but the real time reporting functionality allows me to monitor the performance of my assets and catch anamolys much quicker. While other property management software may offer expense tracking or basic accounting features, Stessa’s exclusive focus on the financial aspect of rental property ownership allows them to offer a far more robust feature set and innovate at a faster clip.

Cons

As a single-entry accounting system, it comes with all the drawbacks associated with that method of accounting (no cross-checking, greater potential for error, no tracking of real accounts, etc.). This was an intentional design decision, however, as this software is geared to be more user friendly for the average rental owner. While it lacks the sophistication of a double-entry system, Stessa has come up with innovative ways to simulate certain aspects of a double-entry system through features like a derived Balance Sheet report using user provided asset values and debt information.

Daniel G.
Overall rating
  • Industry: Real Estate
  • Company size: Self Employed
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 9.0 /10

Really helpful for portfolio analysis and organization

Reviewed on 2019/05/22

This has helped me categorize and organize without me having to "reinvent the wheel" trying to set...

This has helped me categorize and organize without me having to "reinvent the wheel" trying to set up a spreadsheet in line with the tax code.

Pros

This software takes all the input and then collates it and calculates it giving you an analysis of individual properties as well as the portfolio in general. It helps me as a newer investor to categorize my transactions which I suspect will be very helpful when it comes to tax season. I like the mileage tab as well as I was bad about recording my mileage and this tab serves as a reminder for me. I'm very excited to see how helpful and effective the software is when it comes to tax time!

Cons

So far I have no complaints at all about this software.

Bryan C.
Overall rating
  • Industry: Public Safety
  • Company size: Self Employed
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Incredible value

Reviewed on 2021/02/13

Stessa makes tracking all aspects of owning rentals easy. Incredible

Stessa makes tracking all aspects of owning rentals easy. Incredible

Pros

This platform nails real estate management basics and is ever evolving to include new useful features like tad preparation documents.

Cons

No cons! Great team and product! Continual development of new features. The dev team is open to customer requests and acts on feedback.

Nancy A.
Overall rating
  • Industry: Design
  • Company size: Self Employed
  • Used Other for Free Trial
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 0.0 /10

Nope. Not gonna do it.

Reviewed on 2019/01/13

See above

See above

Pros

None- I never got that far. Maybe it's good, but I won't give out sensitive into to a stranger

Cons

As a landlord with multiple properties, I thought this might be a handy tool, so I began the sign up process. Until they asked for my banking info. What?? What do they need that for? Not happening. I'm out.

Response from Stessa

Hi Nancy - Linking a bank account to Stessa is safe and completely optional, and this is clearly explained during the sign up process.

While secure bank connections are the most seamless way to automatically track rental property income and expenses, Stessa also allows users to create transactions manually or via data file uploads. For users who do choose to link accounts, Stessa uses technology similar to sites such as Mint and Personal Capital to link up with thousands of US based banks and credit unions.

In any event, we're sorry to hear that Stessa isn't for you and wish you luck finding an alternative that meets your needs.

Stephen A.
Overall rating
  • Industry: Real Estate
  • Company size: Self Employed
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Perfect for Rental Owners

Reviewed on 2021/01/22

My accountant loves it and it saves me hours of manual entry. As an added bonus, I have critical...

My accountant loves it and it saves me hours of manual entry. As an added bonus, I have critical information in real time that can help me make good decisions for the future. Haven't really even scratched the surface on this part but it's all there.

Pros

I have used QuickBooks for years but got tired of the barrage of come-ons and sticky marketing techniques they use on customers. It seemed every time I opened the program, there would be new hoops to jump through if I wanted to do any actual work.

Stessa is designed from the ground up for rental property owners. You enter income and expense items, that's it. All items fall under one of the carefully considered categories they provide. Multiple locations and units are also accounted for. You can add or sell buildings, add or replace tenants, run targeted reports including exporting the year end to your accountant and graphically view your performance which is generated by your data. Even more powerful, you can auto import entries from bank account, credit accounts, whatever. Once you're up and running, all your data is entered for you to edit or delete as needed. Saves a ton of time.

Oh, did I mention it's free??? Don't know what the long range plan is, but this software won't cost you a dime. It makes QB look tired and cumbersome, not to mention annoying, which it really has become over the years.

Cons

This is not a property management platform in the sense that you can schedule maintenance and track hours. However, you can capture and import invoices so your records are all in one place.

Showing 5 reviews of 50 Read all reviews

Stessa FAQs

Below are some frequently asked questions for Stessa.

Stessa offers the following pricing plans:

  • Pricing model: Free
  • Free Trial: Available

Individual Investors: Free (no credit card required) Professional Investors: $1,000/month

We do not have any information about Stessa features

Stessa has the following typical customers:

Self Employed, 2-10, 11-50, 51-200, 201-500

Stessa supports the following languages:

English

Stessa supports the following devices:

Android (Mobile), iPhone (Mobile), iPad (Mobile)

Stessa integrates with the following applications:

AppFolio Property Manager

Stessa offers the following support options:

Email/Help Desk, Knowledge Base, Chat

Related categories

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