All Stessa Reviews

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Rick

2 - 10 employees

Used more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

Reviewed October 2021

Stessa is Quicken for Real Estate

User Profile

Rick

Verified reviewer

Construction, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2021

Stessa is Quicken for Real Estate

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.

PROS

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.

CONS

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.

Ritchie

Real Estate, 1 employee

Used monthly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed July 2019

Love this site

PROS

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.

CONS

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

Reasons for switching to Stessa

Stessa is way better for rental property management... exactly the sort of software I had been looking for

Marty

Real Estate, 2-10 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

3

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

2

FUNCTIONALITY

3

Reviewed November 2022

Ok for main stream, struggles to adapt

It's ok. we wouldn't pay for it, not remotely. But it seems like they're trying to grow their business by solving the big problems only and ignoring the "small" ones. We will keep with them at least until the end of the year for ease of tax reporting, but will seriously look at other options as December rolls around.

PROS

Look, it's free, we get that. And it has added value to our business. But their inability to resolve a seemingly simple issue after 5 months is inexcusable.

CONS

For a software company, they are surprisingly not agile. Two examples:- For every nearly transaction that comes through, we have to attribute it to the property/tenant in spite of the amounts and ledgers being exactly the same every month. It appears the only AI they use is a checkbox that ties a bank account to a property. That's great for loans, but it should be able to handle rents too. - We can go on mint.com and enter all the log in credentials and that gives us every balance of every card. Stessa has continuously struggled with adding some credit cards attached to one of my banks. We have reached out to them for the better part of a year off and on and they seem perplexed and unable to wrap their heads around it. Now, after 5 months of us staying on them about it, they've ghosted us, or given us the "yeah we're working on it." If it's that hard to do, how can another company just do it with ease?

Reasons for switching to Stessa

Quickbooks wasn't great and was charging us without the customization we wanted. However, it's starting to look more attractive as Stessa struggles to solve basic problems.

Anonymous

1 employee

Used weekly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2024

Excellent for tracking financials and leases across rental portfolio

Love it. It's central to the management and tracking of my real estate portfolio.

PROS

Well-designed, good UX, great reporting on property performance. Stessa is critical for tracking income and expenditures for tax time. Lease tracking and document aggregation across property managers is also done very well.

CONS

Some bank integrations are broken and Stessa does not seem inclined to fix them. I have to enter some transactions manually, which is annoying.

Joel

Real Estate, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed July 2023

Great Value & Tracking Tool

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.

PROS

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

CONS

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

Morgan

Verified reviewer

Real Estate, 2-10 employees

Used daily for more than 2 years

Review Source: GetApp
This review was submitted organically. No incentive was offered

OVERALL RATING:

3

EASE OF USE

5

VALUE FOR MONEY

1

CUSTOMER SUPPORT

1

FUNCTIONALITY

1

Reviewed June 2023

The links NEVER work

Worst Experience ever.

PROS

It was great at first until their customer service is the absolute worst and my link has not worked for 5 months and they just keep telling me sorry. They even told me if it does somehow work again, I will have to manually enter in EVEYTHING! It has been a nightmare.

CONS

Their customer service. Every time I received a response, it was very general and never helpful.

Reasons for switching to Stessa

Because nobody at Stessa would help fix my link. How can they expect you to wait over 5 months and it still never worked.

Matthias

Real Estate, 1 employee

Used weekly for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2023

Easy to use Real Estate Accounting Software

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.

PROS

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.

CONS

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.

Vickie

Hospitality, 1 employee

Used weekly for less than 12 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed October 2023

Stessa Changed My Life!

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.

PROS

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!

CONS

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!

Reasons for switching to Stessa

My former software had a hard learning curve and I never really enjoyed it. After reading all the great reviews about Stessa, I took the plunge and was up and running in no time. Never looked back!

Mario

Real Estate, 2-10 employees

Used weekly for less than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed August 2023

Great Software for Real Estate

Excellent Software

PROS

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

CONS

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

Reasons for switching to Stessa

Landlord Studio was hard to use

User Profile

Patrick

Verified reviewer

Real Estate, 1 employee

Used weekly for less than 12 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2019

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

Awesome. Well worth the time inputting​ the data.

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.

Karl

Real Estate, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2022

Best software for the price of FREE

PROS

This is just a really well thought out application that allows you to track every and all expenses for the property. It can assign tags to all expenses to track them for each unit.

CONS

I really wish they would offer lease management in a way where you can create and edit the leases on the app and tenants can esign the leases.

Reason for choosing Stessa

Cost

Reasons for switching to Stessa

Because this app is free and low cost if any!

Josh

Real Estate, 2-10 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

5

Reviewed August 2021

Great Mobile Management for all Real Estate

It’s the first platform I’ve used that I have been able to use as a one stop shop for everything for our portfolio. We can manage our vacancies and tenancies, as well as our finances. It’s been great. Thanks [SENSITIVE CONTENT] and the Stessa team!

PROS

This app is amazing. It’s the first platform that has allowed me to manage our entire portfolio directly from my phone if I want to. I can track all expenses and directly import from the bank, and assign to each property and even a specific unit.

CONS

I wish the transaction importing would occur in real time directly, versus having to log in and refresh the transactions.

Rocky

Real Estate, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2022

Easy to use

PROS

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

CONS

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

Anonymous

1 employee

Used daily for less than 6 months

Review Source: GetApp
This review was submitted organically. No incentive was offered

OVERALL RATING:

3

EASE OF USE

1

VALUE FOR MONEY

1

CUSTOMER SUPPORT

1

FUNCTIONALITY

1

Reviewed May 2023

Great for finding a tenant then you try to collect rent

PROS

The rental application process is simple

CONS

Rent collection. They fail to tell you to use it you have to use THEIR checking account. So you jump through hoops to set up a checking account you dont want. Then you try to get the money out of the account you didnt want in the first place and its a nightmare. And every problem is not their problem its your problem or your banks problem. Customer service is non existant. I wish I hadnt already asked my tenant to pay through them.

Lucas

Real Estate, 1 employee

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2021

Makes my life so much easier!

PROS

The easy expense and income tracking and that it's linked directly to our bank accounts.

CONS

Mileage and depreciation tracking would be nice but not necessary. CPA's do that.

Vendor Response

Thank you so much Lucas! We do offer mileage tracking and one-click reports to make depreciation easy for your CPA; feel free to reach out to Support for help with this.

Replied February 2021

Nicole

Real Estate, 2-10 employees

Used weekly for less than 6 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2019

Stellar Platform with Amazing Customer Service and Great Regular Content

Phenomenal. I've working in management consulting implementing technology systems for years and know what a pain it can be to transition data to a new system - and this experience has been nothing short of awesome. I am thrilled not to be using my Excel pivot table reports or having to manipulate Xero, Wave, QBO, Netsuite, etc. to fit my needs as a real estate investor. Really, incredible strategic move on Stessa's part and we are thrilled end-users.

PROS

Ease of use, integration with current banking systems, and focus on real estate investors. I was planning to drastically manipulate Quickbooks to make it work like Stessa - Stessa basically eliminated all of that work AND has a gorgeous user interface compared to QBO or my rigid Excel sheets!

CONS

Some features are still in the works (e.g. they just implemented new functionality to demonstrate sale proceeds from a flip, and are working to integrate to reporting) - but that's it. Really, it is INCREDIBLY simple to use, and any time I've had a question I've gotten a detailed answer within 24 hours.

Beckysue

Hospitality, 1 employee

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

1

EASE OF USE

1

VALUE FOR MONEY

1

CUSTOMER SUPPORT

1

FUNCTIONALITY

1

Reviewed February 2024

Stessa is a scam

I hate Stessa so much after a week of only broken links and inability to save tenants.

PROS

It downloaded super fast. Like there was no data downloading at all

CONS

Stessa turned out to be a scam! I wish I would not have waisted my time and money.

User Profile

Derrick

Verified reviewer

Investment Management, 2-10 employees

Used weekly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

3

Reviewed December 2021

Great financial software tool for investors

Positive experience to track trends and help with forecasting for portfolio

PROS

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

CONS

- no integration with Buildium - no double entry accounting system

Brittany

Real Estate, 2-10 employees

Used weekly for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

3

EASE OF USE

3

FUNCTIONALITY

3

Reviewed December 2018

Has much potential

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

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."

Replied December 2018

Roger

Real Estate, 2-10 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed June 2019

Making life easier

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.

PROS

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

CONS

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

Michael

Real Estate, 2-10 employees

Used weekly for less than 6 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2019

Great solution to start with, added benefits keep growing

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.

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.

Dan

Real Estate, 2-10 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2020

Best free real estate landlord software

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

PROS

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

CONS

Not much, they are always added new features

Collin

Real Estate, 1 employee

Used monthly for less than 6 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2019

So far so good!

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.

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?

Eduardo

Commercial Real Estate, 2-10 employees

Used weekly for less than 6 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2019

Great tool for anyone serious about their real estate investments

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.

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.

Showing 1 - 25 of 92 Reviews