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Stessa Reviews & Product Details

KN
b
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Stessa?

Absolutely nothing, financial links do not work properly... constant data gets mixed up. Review collected by and hosted on G2.com.

What do you dislike about Stessa?

Everything, I tried to use it and it was useless. The financial information was not pulled and linking properly. Data was constantly getting mixed up. Support is non existent. Review collected by and hosted on G2.com.

Recommendations to others considering Stessa:

don't use it Review collected by and hosted on G2.com.

What problems is Stessa solving and how is that benefiting you?

none , it only caused me problems Review collected by and hosted on G2.com.

Stessa Overview

What is Stessa?

Stessa makes it easy for rental property investors to track, manage and report on their real estate investments - for FREE. Tens of thousands of investors use Stessa to track over $25 billion in real estate assets. Save time and optimize your single-family rentals and multifamily buildings with visual performance dashboards, automated income and expense tracking, document organization tools, and tax-ready financial reports. Get started in minutes: add your properties, link your financial accounts, and everything updates in real-time.

Stessa Details
Discussions
Stessa Community
Languages Supported
English
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Product Description

Modern software to track, manage, and communicate the performance of your real estate portfolio. Stessa gives rental property investors a powerful new way to track, manage, and communicate the performance of their real estate assets.


Seller Details
Seller
Stessa
Year Founded
2016
HQ Location
Oakland, California
Twitter
@StessaHQ
3,380 Twitter followers
LinkedIn® Page
www.linkedin.com
20 employees on LinkedIn®

AS
Overview Provided by:

Recent Stessa Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Stessa is a life saver for the smaller real estate investor who is growing their portfolio."
Intuitive user interface, easy to set up. Customer Support has always been very responsive. Simplifies income and expense transactions management. ...
Jack L.
JL
Jack L.Small-Business (50 or fewer emp.)
5.0 out of 5
"Jackson Lunt Review For Stessa"
Their Customer support, they are always so helpful.
Peter S.
PS
Peter S.Small-Business (50 or fewer emp.)
5.0 out of 5
"Everything I needed! Even the stuff I didn't know I wanted."
I love that the software connects to other financial sites to import transactions automatically. After the import, it will even automatically cat...
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Stessa Media

Stessa Demo - Stessa Dashboard
Stessa Dashboard
Stessa Demo - Maximize Tax Deductions
Maximize Taxe Deductions
Stessa Demo - Automatically Categorized Transactions
Automatically Categorized Transactions
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Video Reviews

11 out of 12 Total Reviews for Stessa

4.0 out of 5
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11 out of 12 Total Reviews for Stessa
4.0 out of 5
11 out of 12 Total Reviews for Stessa
4.0 out of 5

Stessa Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Verified User in Real Estate
UR
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Stessa?

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. Review collected by and hosted on G2.com.

What do you dislike about Stessa?

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. Review collected by and hosted on G2.com.

What problems is Stessa solving and how is that benefiting you?

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. Review collected by and hosted on G2.com.

Jack L.
JL
Development Analyst
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Stessa?

Their Customer support, they are always so helpful. Review collected by and hosted on G2.com.

What do you dislike about Stessa?

A few times I have had to re-setup some tenants bank accounts. Review collected by and hosted on G2.com.

What problems is Stessa solving and how is that benefiting you?

Manage lots of tenants and their payments in one place. Review collected by and hosted on G2.com.

Peter S.
PS
Vice President, Field Consulting Services
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Stessa?

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. Review collected by and hosted on G2.com.

What do you dislike about Stessa?

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. Review collected by and hosted on G2.com.

Recommendations to others considering Stessa:

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. Review collected by and hosted on G2.com.

What problems is Stessa solving and how is that benefiting you?

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. Review collected by and hosted on G2.com.

Ronald J. L.
RL
Vice President
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Stessa?

Integration of accounts and easy to print reports Review collected by and hosted on G2.com.

What do you dislike about Stessa?

Will not integrate with my pm company's software Review collected by and hosted on G2.com.

What problems is Stessa solving and how is that benefiting you?

None Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Stessa?

It seems to cover what I need to maintain my rental portfolio Review collected by and hosted on G2.com.

What do you dislike about Stessa?

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 Review collected by and hosted on G2.com.

Recommendations to others considering Stessa:

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. Review collected by and hosted on G2.com.

What problems is Stessa solving and how is that benefiting you?

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 Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Stessa?

I'm able to keep track of all my income and expenses as well as being able to see trends. Review collected by and hosted on G2.com.

What do you dislike about Stessa?

Not really anything. It's not fair to complain about an app I use for free. Review collected by and hosted on G2.com.

Recommendations to others considering Stessa:

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!!! Review collected by and hosted on G2.com.

What problems is Stessa solving and how is that benefiting you?

I use Stessa as a Quickbooks alternative. Plus it allows me to share details with my partners. I now don't have to keep track of every single expense because it connects to my bank account. Review collected by and hosted on G2.com.

Rick K.
RK
Owner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
Verified User in Real Estate
UR
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Stessa?

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. Review collected by and hosted on G2.com.

What do you dislike about Stessa?

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. Review collected by and hosted on G2.com.

Recommendations to others considering Stessa:

It’s a nice app for a quick and easy process. Review collected by and hosted on G2.com.

What problems is Stessa solving and how is that benefiting you?

Receipts fade!! And I lose them... so I’m able to store all my expenses for each property separately and throughout the year. Review collected by and hosted on G2.com.

Anthony S.
AS
Realtor
Hospitality
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Stessa?

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. Review collected by and hosted on G2.com.

What do you dislike about Stessa?

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. Review collected by and hosted on G2.com.

What problems is Stessa solving and how is that benefiting you?

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. Review collected by and hosted on G2.com.

Dillon A.
DA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Stessa?

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. Review collected by and hosted on G2.com.

What do you dislike about Stessa?

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 Review collected by and hosted on G2.com.

What problems is Stessa solving and how is that benefiting you?

I am able to keep good track of my investments- all expenses and incomes. Also it will benefit me for tax reasons Review collected by and hosted on G2.com.