Stessa

Smart accounting software for landlords.

4,8 /5 (47 reviews) Write a Review!

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

Starting from
N/A

Pricing options

Free Trial
Free
Subscription
Value for money

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


Stessa Features

Devices
Business size
S M L
Markets
United States
Supported Languages
English

Media

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
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

Stessa Reviews

Stessa Reviews

Overall rating
4,8
/
5
Excellent
41

Very good
3

Average
2

Poor
0

Terrible
1

Value for Money
4,9
Features
4,5
Ease of Use
4,7
Customer Support
4,8
94% recommended this app
Patrick P.

Two thumbs up for Stessa: What-gets-tracked-gets-improved made easy.

Awesome.

Well worth the time inputting​ the data.


Daniel G.

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.


Zachary M.

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!


Nancy A.

Nope. Not gonna do it.

See above


Jose A.

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.


Patrick P.
Industry: Real Estate
Company size: Self Employed

Two thumbs up for Stessa: What-gets-tracked-gets-improved made easy.

Used Weekly for 6-12 months
Reviewed on 2019/01/17
Review Source: Capterra

Awesome.

Well worth the time inputting​ the data.

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.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Daniel G.
Industry: Real Estate
Company size: Self Employed

Really helpful for portfolio analysis and organization

Used Weekly for 6-12 months
Reviewed on 2019/05/22
Review Source: Capterra

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.

Rating breakdown

Ease of Use

Likelihood to recommend: 9.0/10

Zachary M.
Industry: Real Estate
Company size: Self Employed

Game Changer

Used Daily for 2+ years
Reviewed on 2020/11/26
Review Source: Capterra

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.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Nancy A.
Industry: Design
Company size: Self Employed

Nope. Not gonna do it.

Used Other for Free Trial
Reviewed on 2019/01/13
Review Source: Capterra

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.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 0.0/10

Jose A.
Industry: E-Learning
Company size: 201-500 Employees

Incredible product for managing my rental properties

Used Weekly for 1+ year
Reviewed on 2020/10/07
Review Source: Capterra

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.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

User recommendation
9,7/10
Based on 47 user ratings
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Stessa Pricing

Stessa Pricing

Starting from
N/A
Free Trial
Free
Subscription
Value for money

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

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

Value for Money
4,9/5
Based on 47 user ratings
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Stessa Features

Stessa Features

API
Accounting Management
Activity Dashboard
Activity Tracking
Automatic Notifications
Billing & Invoicing
Contact Database
Contact Management
Document Management
Document Storage
Electronic Payments
Email Notifications
Maintenance Scheduling
Reminders
Reporting & Statistics
Search Functionality
Self Service Portal
Task Management
Third Party Integration
Work Order Management
Features
4,5/5
Based on 47 user ratings
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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