Stessa Reviews

Intuitive user interface, easy to set up. Customer Support has always been very responsive. Simplifies income and expense transactions management. Integration with Stessa Rent Pay to allow my tenants to setup monthly autopay easily, and to alert me when a rent payment is late. I am in Stessa every day; its my primary dashboard on my desktop in my office.

Certain elements are hardwired and not customizable, such as expense categories, or the inability to sort my cash management accounts in a particular order. One of my Credit Union banks cannot be connected because Stessa does not use Plaid and Yodlee doesn' recognize the FAIRWINDS Credit Union business banking logon. Manually uploading my transaction files is cumbersome and messy.

Before I found Stessa, I was trying to manage on my own with my spreadsheets which got overwhelming and time consuming. Stessa provides a centrally organized view and management of my real estate portfolio, automating many tasks. The finacial reports are critical to help me track my profitablity and make decisions such as when and how much to renovate any given property. Prior to Stessa I was over-spending on remodels. Now I have a much better view into my monthly cashflows. I was also frequently caught unaware if a tenant was late on their rent. Stessa and Stessa Rent Pay has helped improve my tenants paying on time. The Stessa Cash Management accounts through Thread Bank allow me to earn reasonable returns on my stored cash for which I have set up individual accounts for each property, as well as my property management entity. Each property account serves as my Repair & Replacement Reserves account, so its been great to earn 4%+ on that money directly in the checking accounts instead of having to try to ladder CDs elsewhere.

Their Customer support, they are always so helpful.

A few times I have had to re-setup some tenants bank accounts.

Manage lots of tenants and their payments in one place.

I love that the software connects to other financial sites to import transactions automatically. After the import, it will even automatically categorize the transaction based on what it is and the history of its previous transactions.

I hate saying it, but so far there is nothing I dislike. I'm only a few weeks into using the software, and so far, it's a home run for me.

If you are a real estate investor, Stessa is a must-have. I can't imagine growing my portfolio without this tool, and I've only just started using it.

Before Stessa, I was using property management software to manage my small long-term rental portfolio. That's great, except when it comes time to prepare tax returns, the other software falls a bit short. Stessa lets me track and categorize all of the financials for my properties and does so quickly and in many cases automatically. This tracking and categorization should make tax time easy.

I'm able to keep track of all my income and expenses as well as being able to see trends.

Not really anything. It's not fair to complain about an app I use for free.

I highly recommend the app. It has transformed my recording and tracking of the data in my business.

Additionally they made doing my taxes so easy... I literally just exported my tax report and gave it to my tax guy and it was DONE. LOVE IT!!!

It’s so simple yet so effective to use. I’m a small real estate investor and this is perfect to keep up with my expenses for renovating my rentals.

Also, a nice little touch is when you’re uploading a property, it can populate the address for you and pull information about the property from online. Saves time and is a nice, extra feature.

Maybe including a mobile dashboard for the app. Unfortunately you have to login to the website version to see the dashboard. However, it does look like they’re working to update this.

It’s a nice app for a quick and easy process.

I created an excel sheet to track all of my rentals which was fine. Then I heard about Stessa from Bigger Pickets Podcasts and gave it a try. It was the easiest transformation from my excel sheets into the app- It categorizes everything perfectly and makes clean and precise information and graphs. Amazing app.

I use a few small-town banks that are not yet in the Stessa system, it makes me have to manually enter some information into the system, but that is fine! I imagine they work hard to add banks all the time

I am able to keep good track of my investments- all expenses and incomes.

Stessa is easy to use, offers excellent reporting and makes record keeping fun. If you’re a numbers guys like me you will love seeing all your important metrics on one page. I can conduct a business review with myself anytime of the day and look for profit opportunities in each of my investments.

There isn’t anything to dislike. There are more updates coming out soon for the mobile app as well as Capex tools I am told. I am excited about this.

We are making renovations on each new rental. I have been able to easily track my cash flows making it easier to budget repairs and make decisions. The tax documents will make 2019 my easiest tax year yet.

I like the dashboard layout a lot. Being able to see a summary of all your properties and how they are performing is really helpful

No android app yet. I would like to be able to capture receipts on my phone.

Organizing my expenses for tax time.

.Integration of accounts and easy to print reports

Will not integrate with my pm company's software

None

It seems to cover what I need to maintain my rental portfolio

I don’t like that there is NO support. There is no way to solve a problem other than message these people. And this could go on for days. The program has been a bit buggy .. I have had a problem with transactions for 23 days.. and have had very little communication from “support”. I can’t even get anyone at Stessa acknowledge my messages. Very poor service

So what buggy at times .... if you take you business seriously.. use something else. The people who manage this program do not take Stessa seriously.. or they would be more concerned about their customers.

Mostly transactions... I have been using Stessa for 3 years and have lots of data ... right about now I see no benefits because I have to start over with something lease right about tax time 0 support.