I absolutely adore Stessa and tell everyone about it. I'm probably their biggest fan though I'm a small time investor. It is literally the single best accounting app I've ever used and better then working with a CPA or accountant. It's made my life significantly more simple around tax time and for that I am eternally grateful.

The auto import from my connected accounts including bank and credit card accounts. It also is the biggest help with my taxes that I could ever dream of. Every year I just print out the tax report for each property and my tax guy barely has to ask me any questions.

To be totally honest there is nothing I don't like. I will say I haven't tried their mobile app in over a year because it used to be pretty weak but I hear it's been updated and very nice now.

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

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

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

I’ve been using Stessa to manage my rental properties for a year and a half. Recently discovered that hundreds of receipts are missing. Stessa is unable to assist; Offers no resolve. They also recommend that you check every receipt every month. It is not a reliable product.

This site has really helped me manage my rental properties much more easily and efficiently.... all of my accounting and info about interest rates/insurance/etc are all easily accessible in one spot. And their reports make it all easy to quickly review. Also great for doing my taxes.

Doesn't yet integrate with enough small banks, so I have to manually upload my transactions ever month via Excel.

With Stessa I can store all the financial, insurance and legal documents. I can enter and save and categorize every income and expense. I have a database of information that I can pull from or print. I have all the financial and business metric reports that I would ever need by various time periods. I love Stessa.

I like that I can store data, numbers, documents etc in a one stop shop.

It needs some expansion of categories and sub categories to cover common line items that it presently doesn't cover.

Love the software and you get a lot for a free program. There are items that can be improved but overall really happy with what Stessa is offering to their customers.

Free software that is very easy to use and set up. Running reports is a breeze and makes tax time extremely easy to manage as well.

The dashboard can be a little confusing since it considered capital expenditures in your cash flow. If you perform a roof replacement as part of your investment, it shows the average cash flow in a negative for a long time which can be misleading. Obviously, this is offset by a higher value of the property but I would like to see a feature to exclude extraordinary items in the cash flow analysis to see the property's sole operating performance. Lastly, the syncing of bank transactions can be up to a day delayed until they show up in the software.

The major issue I have with Stessa is when Stessa downloads your transactions from the bank it will remove some automatically. Customer service said it was just removing duplicates. Anyone that is in property management or owns and operates rental housing knows many transactions are going to be the exact same. Rent doesn't change by month, and many bills are the exact amount each month, like mortgage payments. Stessa would regularly remove 10-20% of the transactions, and the even worst part is it wouldn't say it did. They just wouldn't show up. I only noticed it as the reports looked WAY off. To get correct reports through Stessa I would have to download the CSV file and compare it to my bank CSV file. Then I would have to enter the transactions manually. It isn't worth it. At the VERY LEAST we should have the option to turn off "removing duplicate transactions". I've mentioned this to customer service more times than I can count and they never do anything.

The design of the site was very intuitive. Useful and pretty reports.

Pretty reports are useless as there is a serious bug in Stessa software, specifically how it processes transactions downloaded from your bank. I noticed it when I first signed up to this site several years ago and have messaged customer service numerous times. Occasionally it gets fixed but then goes right back to being broken again. I'll describe the specific issue below.

Allows me to spend far less time managing the accounting aspects of my business. I am a small business owner with a full life and Stessa has allowed me to have a more enjoyable work/life balance.

Stessa is an easy to use, online real estate management software that is reliable, easy to learn, easy to use and almost fun. It had changed the way I look at accounting (a pain in the past), and I almost look forward to opening Stessa!

I wish I could force the software to "name" certain vendors the way I like when their info is automatically imported. It's a bit of a pain to have to go in and constantly update them from their "DBA" name to the name that I recognize in my daily business. Not a deal breaker, just a suggestion!

Excellent Software

Easy of use fantastic GUI.Dashboard has all the necessary basic information

The Connection with YODLEE is not good and needs tweaking.Different log in credentials still bring the bank institutions to the wrong log in.

Cannot say enough good things about Stessa. We love it and rely on it.

Ease, tons of reports, mobile accessibility, taxes are a breeze now.

We have a STR in Mexico and are not able to track it the same way we track our properties in the US.

I purchased a group of 8 properties as my first investment deal. One loan, one insurance bill, multiple taxes in escrow complicated the property setup and accounting. This was easy to address with the software and when I asked for help on the "help me" message board, I got a complete, useful answer the next day. A few more questions and support called me "to chat" and were happy to do a WebEx type session to see what I was doing and offered tools and techniques that were very helpful. It was not long that I was doing all of the imports, and reporting on my own and felt confident that I was doing it right (or at least not wrong).

There is nothing to install as it is in the cloud. Setup the first few properties was a easy and quick. Back filling data was relatively easy and they could pull data from my bank even with two factor authentication, and could get the data from my property managers software which is little more than a zip file with receipts and PDF owner report.

I found that I have some duplicate items from different data sources that I set aside in a "For Audit" bucket (like a company entity). So while this gets ignored by the real company buckets it is included in the 'all companies reports".

Very satisfied with features, ease of use, and overall performance. Highly recommend it.

Easy to set up, easy to use. Went from using spreadsheets to using Stessa and made a huge difference in productivity and accuracy. Loving it!

I just wish there was a way to add/modify categories.

Stessa is easy to use and keeps me organized. At tax time I am not scrambling to get information to my accountant.

No cons, I love this software and it allow me to focus on my business

The total package has made my life much simpler.

After years of struggling to keep my RE tax prep files in order, STESSA did in just a few months that other programs could not do in 10 years! It’s the complete package without the complexities!! Mark

No issues..each feature especially the tax prep package is invaluable!

This software has changed my business. I have started 5 other business with it and they all love it. Best thing I have ever used. It has been a year that we have been using it and it still blows my mind every time we use it.

I love how all our property and tenant data is located in one place for all the team to see. It keeps track of our money in and out and lets us know what we are spending on each property. Helps us as armature's understand real estate a lot better since we can always see the numbers

I wish the reporting could be customizable and the only reason I say this is because I would like more simple reports.

Eliminates the need for having a checking account for each investment

Fantastically organizes and maintains the ledgers on each of your RE investments. It's Quicken for real estate investors. Eliminates the need for having a checking account for each investment. At tax time, Stessa provides invaluable year-end reports. The ideal location to store relevant lease information - including a digital copy of the lease, move-in/out date, name of tenant, rent, market rent, etc...AND it's free!

Would like the ability to link outside banking accounts to get a better estimate of net worth. There's really nothing about the software that I dislike

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.

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

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

Positive experience to track trends and help with forecasting for portfolio

- Ease of use for product - Visualization of overall portfolio - Reports especially schedule of RE

- no integration with Buildium - no double entry accounting system

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.

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.

Stessa has made the monitoring and managing of my multi-family rentals very easy. It gives you a nice snapshot of your properties performance at any time.

The software allows me to easily manage my multi-family rentals. Transactions can be automated and or easily entered manually.

I do not have any cons at the moment with this software.

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.

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!

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.

This software allows you to move from amateur to professional overnight.

Cash flow tracking Balance sheet Document storage and retrieval Dashboard of KPIs

Not much, they are always added new features

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.

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!

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?

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.

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.

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