Who Uses This Software?

Stessa helps both novice investors with one or two properties and sophisticated investors with large portfolios of properties.


Average Ratings

14 Reviews

  • 4.5 / 5
    Overall

  • 4.5 / 5
    Ease of Use

  • 4.5 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Free Version
    Yes
  • Free Trial
  • Deployment
    Cloud, SaaS, Web
    Mobile - iOS Native
  • Training
    Documentation
  • Support
    Online

Vendor Details

  • Stessa
  • www.stessa.com
  • Founded 2016
  • United States

About Stessa

Stessa makes it easy for property investors to track, manage and communicate the performance of their real estate portfolio, for free. Over 10,000 investors use Stessa to save time and optimize their single-family rentals and multifamily buildings with Visual performance dashboards, Automated income and expense tracking, and Tax-ready financial reports Get started in minutes: add your properties, link your financial accounts, and everything updates in real-time.


Stessa Features

  • Credit Check
  • Expense Management
  • Online Payments
  • Owner Portal
  • Tax Management
  • Tenant Management
  • Tenant Portal
  • Vacancy Tracking
  • Website Management
  • Accounts Payable
  • Accounts Receivable
  • Bank Reconciliation
  • Billing & Invoicing
  • CPA Firms
  • Expense Tracking
  • Fixed Asset Management
  • Fund Accounting
  • Government
  • Nonprofits
  • Payroll Management
  • Project Accounting
  • Purchase Orders
  • Tax Management
  • Approval Process Control
  • Invoice Management
  • Multi-Currency
  • Receipt Management
  • Receipt Upload
  • Reimbursement Management
  • Spend Control
  • Time Tracking
  • Workflow Management
  • Accounting Management
  • Benchmarking
  • Bonds
  • Client Management
  • Commodities
  • Compliance Management
  • Equities
  • Fee Management
  • Fund Management
  • Futures
  • Payroll & Commissions
  • Performance Metrics
  • Portfolio Management
  • Risk Management
  • Stocks
  • Amortization Schedule
  • Asset Management
  • Billing & Invoicing
  • Budgeting & Forecasting
  • Capitalization Reporting
  • Critical Date Alerts
  • Expense Tracking
  • For Equipment Leases
  • For Real Estate
  • Payment Tracking
  • Portfolio Management
  • Tax Management
  • Billing & Invoicing
  • Commercial Leases
  • Contact Management
  • Landlord Database
  • Lease Classification
  • Portfolio Management
  • Property Management
  • Residential Leases
  • Retail Leases
  • Sublease Management
  • Tenant Database
  • Billing & Invoicing
  • Commercial Properties
  • Contact Management
  • Credit Check
  • Expense Management
  • Insurance Management
  • Landlord Database
  • Late Fee Calculation
  • Lease Management
  • Maintenance Management
  • Owner Portal
  • Payment Processing
  • Portfolio Management
  • Rent Tracking
  • Residential Properties
  • Tax Management
  • Tenant Database
  • Tenant Portal
  • Vacancy Tracking
  • Website Management

Stessa Reviews Recently Reviewed!


Capterra loader

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

Jan 17, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

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.

Overall: Awesome.

Well worth the time inputting the data.

Capterra loader

Great service that continues to improve

Jan 28, 2019
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Easily track and update my rental portfolio. They help me track expenses and made tax time a breeze

Cons: New product that is still missing some features. Have to jump through some hoops to account for sold properties.

Overall: Fantastic! They have been responsive and very helpful with every question I've had. Highly recommend to everyone!

Best rental management program I've found

Feb 11, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Ease of use, categories, seamless and it just works effortlessly

Cons: At the moment any slight potential tweak I find it seems the staff quickly tries to resolve and fix so that it works even better

Overall: I have looked for over 10 years for a program that would work for my husband and I to manage our own rental properties. We now own 15 long term and short term rentals and as much as I wanted to replace our customized excel spreadsheet, it still worked best for our needs after trying other programs specifically for investment properties or general accounting. I always gave up because it just didn't quite work well enough. Stessa has been the only program that I have found that is easy, seamless and still tailored to every property we own. I can finally get rid of the old spreadsheet. I can't wait for tax season next year where I have a full year of management with Stessa. It has made attaching receipts, invoices and cash flow so easy. I am so thankful and excited to have stumbled across this program. It works.

Very nice platform

Jan 11, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Ease of use. I was able to link my bank accounts and it sends all the transactions through which I can then categorize. Also nice that they have a phone app so I can quickly categorize items on the go. They are also very responsive with any questions and helped me retroactively add my own excel sheets to capture the full year

Cons: There is a little bit of front end work but that's going to be the case no matter what... I would like to program certain monthly items to auto categorize which I think is an option but have not looked into as of yet.

Overall: Really like it. I had built my own excel sheets but this combines all properties together which is really nice for broad view of my portfolio.

Huge TIMESAVER!!

Jan 11, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: The customer service! Devin always got back to me within 24 hours. Great n very patient w all my questions. Didn't make me feel dumb. Taxes will be much easier this year. You've given my accountant hope and his sanity back, lol. Love the reports the app gives you from transactions info!!

Cons: Wish the transactions could show on my laptop. It would be much easier for setting up reports. With my vision getting worse as I get older, it's hard to read the numbers. I have to enlarge the numbers to read it. A lot of scrolling.

Overall: Positive, I have already recommended it to my colleagues. Customer Service getting back to me so quick. So I didn't get overly frustrated and give up.

Great solution to start with, added benefits keep growing

Feb 18, 2019
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: It allowed me to get out of Excel manual entries for multiple properties for transaction reporting. The dashboards and added functionality such as better reporting, blogs, and downloads are a great plus. Owners respond directly to your questions. Great work!

Cons: I joined 2H of last year and the backlogged entries only went back a couple weeks (at the time). I had to manually enter all 1H transactions, which wasn't too bad. If I started near the beginning of the year it wouldn't have been an issue.

Overall: Enables a snapshot view of the performance of my company that I didn't have in one place. Free solution and it's getting better every week.

Nope. Not gonna do it.

Jan 13, 2019
1/5
Overall

1 / 5
Ease of Use

1 / 5
Features & Functionality

1 / 5
Customer Support

1 / 5
Value for Money

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.

Overall: See above

Vendor Response

by Stessa on January 15, 2019

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.

So far so good!

Feb 12, 2019
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: I am relatively new to using this tool and I appreciate the visibility that this tool offers me for my rental property(s) to look at different performance metrics.

It kind of reminds me a hybrid of Mint and Personal Capital for Rental Properties.

I see the potential of this tool platform and look forward to seeing where it goes!

Cons: I like how this tool allows for me to export different financial reports for different time periods, I just wish that it would give me all of the details of the summary data in the spreadsheet?

Also, the data exported is appears to be just text data? If I want to modify any of the tables, I can't because there are no formulas?

Overall: Just like the title suggests - so far so good. The customer support has been surprisingly quick and helpful. I had a few questions about future iterations and CSR was very quick to get back to me confirming that several suggestions would be available on the next release.

Great tool for anyone serious about their real estate investments

Jan 16, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: The interface is very easy to use and very powerful. Linking up the dedicated accounts to track expenses is a huge time saver for me. I can create professional statements and reports for my partners super easily.

Cons: I wish there was a more robust mobile app that was more than the expense inputs. Perhaps there will be one in the future.

Overall: Great product filling the void for small yet sophisticated investors to be able to track performance. Overall I'm very glad I found this product and plan to continue using it for future investments.

Has much potential

Dec 04, 2018
3/5
Overall

3 / 5
Ease of Use

3 / 5
Features & Functionality
Likelihood to Recommend: 5.0/10 Not
Likely
Extremely
Likely

Pros: I came across this because I am a landlord of 6 properties and thought it would be extremely helpful to keep me organized. The idea behind it is perfect. It is fairly easy to use so I can stay organized.

Cons: What I did not care for is the fact that there isn't a tool bar for me to change out other properties or add more properties. There maybe a glitch in the system. Once this is fixed, I can tell you I will be using this 100% of the time to keep my income and expenses organized.

Vendor Response

by Stessa on December 21, 2018

Hi Brittany - Thanks for your comments. With Stessa's free tier, you can add an unlimited number of properties and portfolios. It's easy to do once logged in on the web platform. You just click "Properties" in the top navigation bar and then select "+ Add Property."

Great product all around

Feb 15, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: pulls in financial transactions

allows receipts to be attached to transactions

provides strong visuals of expenses and cash flows

Cons: there are return metrics I'd be interested in seeing in addition to cap rate

expense categories aren't customizable.

Overall: closely tracking my expenses to observe areas that can be optimized

tracking transactions for tax purposes

No more spreadsheets - Stessa provides the financial tracking and reporting I need

Jan 18, 2019
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: They automatically import financial transactions from data sources you link. They provide the ability to track by property and category. The reporting at the end of year (for tax purposes) is simple and thorough. I can't believe it's free.

Cons: They are adding more functionality to improve the reporting. Right now, I get a good summary but, in the future, would like to get some recommendations such as: a) this is the best mortgage to pay off b) you should consider getting a home warranty for this property. I'm sure that will come as they develop.

I'd love to see Stessa integrate with other rental management companies like Avail, TenantCloud, Cozy, etc.

Amazing software for staying organized!

Feb 08, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Stessa has helped me organize my rental properties transactions and has simplified my data management tremendously. If you have any questions or problems customer service goes above and beyond to help. I was having a hard time getting all my transactions to transfer from my bank to Stessa. I contacted the help desk and CSR was able to get my final transactions uploaded.

I highly recommend Stessa software for managing your rental properties.

Cons: I can't think of one thing that I don't like about the software.

Overall: Stessa software has simplified my life by consolidating all my rental properties and their transactions into one place.

An actual valuable service

Jan 12, 2019
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Attractive, intuitive and usable service

Cons: Confusion about actual vs proforma expenses - needed to contact support

Overall: Very professional site and responsive / knowledgeable support staff

Refreshing!