All Stessa Reviews
1-25 of 92 Reviews
Sort by
Rick
2 - 10 employees
Used more than 2 years
OVERALL RATING:
5
Reviewed October 2021
Stessa is Quicken for Real Estate
Rick
Verified reviewer
Construction, 2-10 employees
Used daily for more than 2 years
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.
PROSThe 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.
CONSTo 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
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed July 2019
Love this site
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.
CONSDoesn'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
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.
PROSLook, 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.
CONSFor 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
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.
PROSWell-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.
CONSSome 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
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.
PROSI like that I can store data, numbers, documents etc in a one stop shop.
CONSIt 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
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.
PROSIt 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.
CONSTheir 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
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.
PROSFree 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.
CONSThe 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
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.
PROSStessa 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!
CONSI 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
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
PROSEasy of use fantastic GUI.Dashboard has all the necessary basic information
CONSThe 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
Patrick
Verified reviewer
Real Estate, 1 employee
Used weekly for less than 12 months
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.
PROSEase 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.
CONSNo 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
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
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.
CONSI 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
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!
PROSThis 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.
CONSI 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
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2022
Easy to use
Stessa is easy to use and keeps me organized. At tax time I am not scrambling to get information to my accountant.
CONSNo cons, I love this software and it allow me to focus on my business
Anonymous
1 employee
Used daily for less than 6 months
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
The rental application process is simple
CONSRent 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
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!
The easy expense and income tracking and that it's linked directly to our bank accounts.
CONSMileage 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
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.
PROSEase 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!
CONSSome 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
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.
PROSIt downloaded super fast. Like there was no data downloading at all
CONSStessa turned out to be a scam! I wish I would not have waisted my time and money.
Derrick
Verified reviewer
Investment Management, 2-10 employees
Used weekly for less than 2 years
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
OVERALL RATING:
3
EASE OF USE
3
FUNCTIONALITY
3
Reviewed December 2018
Has much potential
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.
CONSWhat 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
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.
PROSThe software allows me to easily manage my multi-family rentals. Transactions can be automated and or easily entered manually.
CONSI do not have any cons at the moment with this software.
Michael
Real Estate, 2-10 employees
Used weekly for less than 6 months
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.
PROSIt 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!
CONSI 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
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.
PROSCash flow tracking Balance sheet Document storage and retrieval Dashboard of KPIs
CONSNot much, they are always added new features
Collin
Real Estate, 1 employee
Used monthly for less than 6 months
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.
PROSI 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!
CONSI 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
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.
PROSThe 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.
CONSI wish there was a more robust mobile app that was more than the expense inputs. Perhaps there will be one in the future.