Stessa Overview
What is 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.
Stessa Overview
Pricing
Pricing options
Individual Investors: Free (no credit card required)
Professional Investors: $1,000/month
Stessa Features
Media
Stessa Reviews
Stessa Reviews
Two thumbs up for Stessa: What-gets-tracked-gets-improved made easy.
Awesome.
Well worth the time inputting the data.
Really helpful for portfolio analysis and organization
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.
Game Changer
The product is consistently getting better and more robust. The creators listen to feedback and implement new features all the time. Loving it!
Incredible product for managing my rental properties
This is the ultimate tool for managing my rental properties. It allows me to see the performance of my overall portfolio and individual properties. Its also a must come tax season.
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Two thumbs up for Stessa: What-gets-tracked-gets-improved made easy.
Pros
Ease of use: It works the way it should.
Automation: Once set up, the transactions of the download from owner each owner portal (when you own several properties), and bank accounts. User experience is similar to mint.com.
Visibility: it creates a consolidated dashboard for the portfolio, and derivative clean graphs, giving perspective and showing trends.
Amazing Customer support: hats-off to the reps, who have answered 10+ "hard questions". I only ask "hard questions" since the FAQ is also excellent.
- Insightful newsletter.
Cons
No Cons per se. Just two humble recommendations.
Users of Stessa would benefit tremendously if it:
- it offered a function for marketing the property (i.e. find tenants or buyers). Stessa being a repository of information (location, yr built, sq footage, pictures), a few clicks should allow spreading the good news throughout the specialized sites (Craigslist Zillow, Trulia, Redfin, local websites...)
- kept historical records of the tenant roll. Currently, it only offers a picture at the present time.
Really helpful for portfolio analysis and organization
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.
Game Changer
The product is consistently getting better and more robust. The creators listen to feedback and implement new features all the time. Loving it!
Pros
It is easy to set up and use. Very user friendly.
Cons
Issues with data sources disconnecting.
Nope. Not gonna do it.
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.
Incredible product for managing my rental properties
This is the ultimate tool for managing my rental properties. It allows me to see the performance of my overall portfolio and individual properties. Its also a must come tax season.
Pros
Love the ability to track all of my transactions associated with each property in my portfolio. They also have some great little features like splitting a transaction into the appropriate categories, such as mortgage payments being split into the principal, interest, and escrow, etc. New reporting packages are a great addition.
Cons
Would love to see the ability to copy transactions or have an autofill function (like google search) for common transactions. Could also use some tweaking for comparing long-term vs short-term rental properties on the main dashboards.
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Stessa Pricing
Stessa Pricing
Individual Investors: Free (no credit card required)
Professional Investors: $1,000/month
Individual Investors: Free (no credit card required)
Professional Investors: $1,000/month
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Stessa Features
Stessa Features
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Categories
Categories
Additional information for Stessa
Additional information for Stessa
Key features of Stessa
- Budgeting & Forecasting
- Expense Management
- Owner Portal
- Property Management
- Rent Tracking
- Residential Leases
- Residential Properties
- Tax Management
- Vacancy Tracking
Benefits
• 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.
Stessa FAQs
Stessa FAQs
Below are some frequently asked questions for Stessa.
Q. What type of pricing plans does Stessa offer?
Stessa offers the following pricing plans:
Pricing model: Free, Subscription
Free Trial: Available
Individual Investors: Free (no credit card required) Professional Investors: $1,000/month
Q. What are the main features of Stessa?
Stessa offers the following features:
- Budgeting & Forecasting
- Expense Management
- Owner Portal
- Property Management
- Rent Tracking
- Residential Leases
- Residential Properties
- Tax Management
- Vacancy Tracking
Q. Who are the typical users of Stessa?
Stessa has the following typical customers:
Small Business, Mid Size Business
Q. What languages does Stessa support?
Stessa supports the following languages:
English
Q. What type of pricing plans does Stessa offer?
Stessa has the following pricing plans:
Free, Subscription
Q. Does Stessa support mobile devices?
Stessa supports the following devices:
iPhone, iPad
Q. What other apps does Stessa integrate with?
Stessa integrates with the following applications:
AppFolio Property Manager
Q. What level of support does Stessa offer?
Stessa offers the following support options:
Online Support, Knowledge Base
Awesome.
Well worth the time inputting the data.