Stessa Pricing, Features, Reviews & Comparison of Alternatives

Stessa

Income & expense tracking platform for property investors

4.76/5 (45 reviews)

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.
www.stessa.com

Pricing

Pricing options
Free
Free trial
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States

Supported languages

English
Stessa screenshot: The portfolio overview includes asset return, occupancy, debt, and cash flowStessa Onboarding DemoStessa screenshot: View mortgage details including principal balance, interest rate, and monthly paymentStessa screenshot: Stessa's Pro Forma expenses dashboard Stessa screenshot: View property details, financials, and update basic property informationStessa screenshot: Update property addresses, names, and edit portfoliosStessa screenshot: Loan-to-Value and Mortgage dashboard including Value and Debt

Stessa reviews

Value for money
Features
Ease of use
Customer support
  4.9
  4.5
  4.7
  4.8
Daniel Gray

Really helpful for portfolio analysis and organization

Used weekly for 6-12 months
Reviewed 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
Features

Likelihood to recommend: 9/10

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Sarah May

Easy to use and fantastic customer service!

Used weekly for 6-12 months
Reviewed 2019-11-24
Review Source: Capterra

Stessa helped me keep track of the accounting side of our real estate so we can easily give all the information to our accountant at the end of the year. It also makes it possible to quickly see a snapshot of our portfolio performance - no more waiting until the end of the year to see how we did!

Pros
Stessa makes it easy to look at the performance of my real estate portfolio.No more manual math in Excel for me!

Cons
Nada. They continue to update and improve the functionality!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Nancy Anderson

Nope. Not gonna do it.

Used occasionally for free trial
Reviewed 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
Features
Customer support

Likelihood to recommend: 0/10

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Cami Beckerdite

A must have software program for Landlords

Used weekly for 1-2 years
Reviewed 2020-04-09
Review Source: Capterra

Overall, I can not imagine my life without Stessa now. My partner and I currently have 9 rental properties with a goal to grow to 15 properties in the next year.

Pros
Stessa software is the easiest program to manage my rental properties I love that once I set up a property profile and connect my bank account that manages that specific property, Stessa automatically uploads my transactions and sends me a notice to review transactions. Then monthly I get an update about whether I had positive cash flow. I love this program and can easily move between seeing all of my properties collectively or individually if I need to drill down even deeper. This program is a no brainer for anyone owning or managing multiple properties.

Cons
This was a little confusing setting up the initial property details, but once I got used to where things were in the program and how to add the information it was alot more friendly for me.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 10/10

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Todd Doxzon

Amazing App For New Real Estate Investors

Used weekly for 1-2 years
Reviewed 2019-08-06
Review Source: Capterra

This has really helped me start organized as I start up our real estate investing portfolio.

Pros
I love the ease of use and ability to connect to my business checking account as well as my business credit card.

Cons
Inability to do split transactions and didn’t know how to pull reports until recently.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Stessa pricing

Pricing options
Free
Free trial
Subscription
View Pricing Plans

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

Stessa features

Document Management
Document Storage
Self Service Portal

API (44 other apps)
Accounting Management (43 other apps)
Activity Dashboard (62 other apps)
Activity Tracking (45 other apps)
Automatic Notifications (51 other apps)
Contact Database (42 other apps)
Contact Management (53 other apps)
Electronic Payments (44 other apps)
Email Notifications (45 other apps)
Lead Management (39 other apps)
Reminders (44 other apps)
Reporting & Statistics (64 other apps)
Search Functionality (42 other apps)
Task Management (38 other apps)
Template Management (39 other apps)
Third Party Integration (38 other apps)
Work Order Management (39 other apps)

Videos and tutorials

Additional information for Stessa

Key features of Stessa

  • Bank-Grade Security
  • Budgeting & Forecasting
  • Categorization
  • Expense Management
  • Income & Expense Tracking
  • Machine Learning
  • Owner Portal
  • Performance Tracking
  • Property Management
  • Real-Time Data
  • Receipt Management
  • Rent Tracking
  • Reporting Dashboard
  • Residential Leases
  • Residential Properties
  • Secure Document Storage
  • Tax Management
  • Tax-Ready Financials
  • Vacancy Tracking
  • iOS App
View All Features

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.