softwareStessa Reviews
88 Reviews
Overall Rating
4.7
88 Reviews
Rating Distribution
5
(73)
4
(6)
3
(6)
2
(1)
1
(2)
Satisfaction Score
Ease of use
9
Value for money
9
Customer Support
9
Functionality
9
Overall Rating
4.7
88 Reviews
Rating Distribution
5
(73)
4
(6)
3
(6)
2
(1)
1
(2)
Satisfaction Score
Ease of use
9
Value for money
9
Customer Support
9
Functionality
9
Filters
Industry
Provider Size
Time Used
Stessa Support is non-existent
Stessa Support is non-existent
Pros
The setup and usage of the software were simple and easy to use.
Cons
The assistance provided is exceptional.
Ease of use
8
Value for money
5
Customer Support
4
Functionality
7
Anonymous
N/A, 1-10 employees
Less than 6 months
Jan 01, 2024
I wanted to love Stessa, unfortunately the features fall short
I wanted to love Stessa, unfortunately the features fall short
Pros
The website's design was incredibly intuitive. The reports provided were both helpful and visually appealing.
Cons
The Stessa software has a critical flaw in how it handles bank transactions, rendering the pretty reports useless. I noticed this issue when I initially signed up for the site years ago and have contacted customer support multiple times. Occasionally, they fix the problem temporarily, but it quickly reverts back to being broken. I will describe the specific issue below.
Ease of use
10
Value for money
8
Customer Support
4
Functionality
7
Nicholas
Real Estate, 1-10 employees
More than a year
Dec 01, 2023
Stessa Changed My Life!
Stessa Changed My Life!
Pros
Stessa is a real estate management software that I find easy to use and reliable. It has transformed the way I handle accounting, which used to be a hassle. I almost look forward to using Stessa!
Cons
I wish I had the ability to manually "rename" certain vendors when their information is automatically imported. It can be a bit cumbersome to constantly update them from their "DBA" name to the name I recognize in my daily business. It's not a deal-breaker, just a suggestion!
Ease of use
10
Value for money
10
Customer Support
9
Functionality
10
Vickie
Hospitality, 1-10 employees
Less than a year
Oct 01, 2023
Beware- unresponsive customer service
Beware- unresponsive customer service
Pros
The software allows for efficient tracking of data and the ability to compare various statistics and metrics.
Cons
Initially I liked the app, but now the company has become completely unresponsive. They deleted my account, leaving my money locked in. I received emails with links to provide information and then the links claimed the information was already received. Despite weeks of effort through email and online submission, I could not even get a person to call me. It feels like my money is being held hostage. I invested so much time setting this up, and they have shown no concern for me as a customer. I have wasted countless hours. I strongly advise avoiding this app now.
Ease of use
2
Value for money
2
Customer Support
2
Functionality
5
Bob
Real Estate, 1-10 employees
Less than 6 months
Sep 01, 2023
Great Software for Real Estate
Great Software for Real Estate
Pros
The user interface is fantastic and navigating through the dashboard provides all the essential information I need.
Cons
The connection with YODLEE is unreliable and needs adjustments. Different login credentials consistently direct the bank institutions to the wrong login page.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8
Mario
Real Estate, 1-10 employees
Less than a year
Aug 01, 2023
Great Value & Tracking Tool
Great Value & Tracking Tool
Pros
I appreciate the convenience of having a centralized location to store data, numbers, documents, and more.
Cons
It requires additional categories and subcategories to cover common line items that are presently not included.
Ease of use
8
Value for money
10
Customer Support
10
Functionality
8
Joel
Real Estate, 1-10 employees
More than a year
Jul 01, 2023
Easy to use Real Estate Accounting Software
Easy to use Real Estate Accounting Software
Pros
This software is free and incredibly user-friendly. Setting it up was a breeze, and generating reports is effortless, making tax time a stress-free experience.
Cons
The dashboard can be a little confusing as it includes capital expenditures in the cash flow analysis. If you perform a roof replacement as part of your investment, it shows an extended negative average cash flow, which can be misleading. Although this is offset by the property's higher value, I would like to have a feature to exclude extraordinary items from the cash flow analysis to evaluate the propertys sole operating performance. Lastly the synchronization of bank transactions can be delayed by up to a day before they appear in the software.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Matthias
Real Estate, 1-10 employees
Less than a year
Jul 01, 2023
The links NEVER work
The links NEVER work
Pros
Initially, it was great, but their customer service is absolutely terrible. My link hasn't worked for five months, and their response has always been an apology. They even mentioned that if it somehow starts working again, I'll have to manually enter everything! It has been a nightmare.
Cons
Their customer service was consistently unhelpful, providing only generic responses.
Ease of use
10
Value for money
2
Customer Support
3
Functionality
3
Morgan
Real Estate, 1-10 employees
More than a year
Jun 01, 2023
With Stessa, we are bot affraid to scale our business.
With Stessa, we are bot affraid to scale our business.
Pros
The ease of use, abundance of reports, mobile accessibility, and simplified tax management have made a significant difference.
Cons
We own a vacation rental property (STR) in Mexico, and unfortunately, we cannot track it in the same way we track our properties in the US.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Pedro
Real Estate, 1-10 employees
Less than a year
Jun 01, 2023
Great for finding a tenant then you try to collect rent
Great for finding a tenant then you try to collect rent
Pros
The rental application process is straightforward and uncomplicated.
Cons
Rent collection is problematic. They fail to mention that to use it, you must use their checking account. So you go through hoops to set up an unwanted checking account. Then accessing the funds from the account you never wanted becomes a nightmare. And every issue is considered your problem or your bank's problem not theirs. Their customer service is practically non-existent. I regret having asked my tenant to pay through them.
Ease of use
3
Value for money
4
Customer Support
3
Functionality
3
Anonymous
N/A, 1-10 employees
Less than 6 months
May 01, 2023
Great product
Great product
Pros
It's easy to use, and it's great for tracking expenses.
Cons
I would appreciate the ability to download more credit cards.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
June
Real Estate, 1-10 employees
More than a year
Apr 01, 2023
Why do everything twices
Why do everything twices
Pros
The interface is user-friendly, and I find it easy to navigate. The reporting functionality is also impressive.
Cons
It lacks numerous features essential for property managers. To get it to work, you have to connect it to bank and credit card accounts. Consequently, if you have petty cash accounts or manually entered transactions paid from specific accounts, the software won't function properly. It operates on a transaction basis, which is fine, and you can associate a transaction with a property, but you can't associate it with an account, so there's no way to filter by account. When manually adding a transaction you can't link it to an account. It also lacks the capability to create recurring bills or income. It falls short in tracking different types of accounts, which is crucial for real estate investors and property managers of all sizes. Unfortunately you get what you pay for, and I don't see any value in doing everything twice. It simply isn't worth the time.
Ease of use
1
Value for money
1
Customer Support
1
Functionality
1
Aaron
Real Estate, 1-10 employees
Less than 6 months
Apr 01, 2023
New Free Tier is Insulting and A Joke... Horrible Decision
New Free Tier is Insulting and A Joke... Horrible Decision
Pros
I used to be a big fan of Stessa, but I'm extremely disappointed with their decision to charge $20 per month for the Pro features while downgrading the Free tier. I've been with Stessa for years, but I'll be switching to the best free option as soon as I decide on one.
Cons
The new Pro Tier offers poor value, and the Free features have been stripped down to the point of being unhelpful. I am very disappointed.
Ease of use
6
Value for money
4
Customer Support
6
Functionality
6
Anonymous
N/A, 1-10 employees
More than a year
Feb 01, 2023
Highly recommend Stessa!
Highly recommend Stessa!
Pros
The setup process was simple, and using Stessa instead of spreadsheets has significantly improved productivity and accuracy. I'm loving it!
Cons
I just wish there was a way to add/modify categories.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Luis
Real Estate, 1-10 employees
Less than a year
Dec 01, 2022
Must have for landlords
Must have for landlords
Pros
Tracking expenses has become incredibly simple with this software. It effortlessly pulls data from linked accounts.
Cons
I believe the cash management aspect will improve. Customer support informed me that they are working on adding the features I suggested.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Jason
Real Estate, 1-10 employees
Less than 6 months
Dec 01, 2022
Ok for main stream, struggles to adapt
Ok for main stream, struggles to adapt
Pros
Look I understand that it's a free software but their inability to resolve a seemingly simple issue after five months is unacceptable.
Cons
Surprisingly for a software company, they lack agility. Two instances exemplify this: Firstly, for nearly every transaction, we have to manually attribute it to the property/tenant, even though the amounts and ledgers are exactly the same every month. It seems the only AI they use is a checkbox that links a bank account to a property. While that works for loans, it should also handle rents. Secondly, we can access mint.com and enter all the login credentials, which provides us with the balances of all our cards. However Stessa has consistently struggled to add some credit cards associated with one of my banks. We have reached out to them intermittently for nearly a year, and they appear perplexed and unable to resolve the issue. Now after five months of continuous follow-up, they have either ignored us or provided vague reassurances that they are working on it. If its genuinely that challenging, how can another company effortlessly accomplish it?
Ease of use
7
Value for money
8
Customer Support
5
Functionality
7
Marty
Real Estate, 1-10 employees
Less than a year
Nov 01, 2022
Best software for the price of FREE
Best software for the price of FREE
Pros
This application has been thoughtfully designed, allowing me to track all property expenses efficiently. I can assign tags to expenses to track them for each unit.
Cons
It would be great if they offered lease management in a way that allows for creating and editing leases on the app,and tenants can electronically sign the leases.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Karl
Real Estate, 1-10 employees
Less than a year
Nov 01, 2022
Right tool for the job
Right tool for the job
Pros
The software comes pre set for rental properties, including all the necessary categories and tax reports. My tax preparer loves it. Additionally, bank transactions are automatically transferred into Stessa and it even offers a rent collection option, which I plan to use in the future.
Cons
Split transactions display as individual transactions on the ledger instead of true splits which can make reconciliation a bit challenging at times. Splitting transactions is only possible on the desktop version not the mobile app.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
9
Jim
Real Estate, 1-10 employees
Less than a year
Sep 01, 2022
Accounting and financial reports with a click
Accounting and financial reports with a click
Pros
This software is specifically developed for real estate managers, and it makes accounting seamless and efficient by automatically pulling bank transactions and generating ongoing graphs and reports.
Cons
In my specific situation there is an issue with having to refresh the bank connection repeatedly. However, this is because my bank is not as advanced as other mainstream banks that are better supported by the transaction import protocol.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
9
Anonymous
N/A, 1-10 employees
Less than a year
Aug 01, 2022
GREAT for my small business
GREAT for my small business
Pros
I really appreciate the import feature as it simplifies tracking and maintaining account balances. It also allows me to easily separate and categorize my properties.
Cons
I honestly can't find anything I dislike. Perhaps if there was a way to create folders without adding a property it would be even better.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Viola R
Hospitality, 1-10 employees
Less than 6 months
Jul 01, 2022
Ease of Use
Ease of Use
Pros
I love how I can effortlessly track all the important metrics that real estate investors use.
Cons
I really wish the system could track owner financing deals.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Tony
Investment Management, 1-10 employees
More than a year
Jul 01, 2022
RE investor? You need to start using Stessa!
RE investor? You need to start using Stessa!
Pros
Taking control of my business has become a breeze with Stessa's easy income and expense tracking. Whether I link my accounts or add transactions as I go, Stessa generates all the reports I need making tax time incredibly simple.
Cons
It would be great if I could allow another user like a partner or manager, to log in with their own credentials and have limited (or full) access to my data.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Bradley
Real Estate, 1-10 employees
Less than a year
Jul 01, 2022
Simple to Jump Straight Into!
Simple to Jump Straight Into!
Pros
Importing my past transactions from an Excel spreadsheet was a piece of cake. The instructions provided by Stessa for converting the file to CSV format were easy to follow, and I was impressed by how seamlessly and quickly months of transactions were imported. Their customer service is also responsive, which is a huge win!
Cons
It would be nice to have the option to display the notes about a transaction in the main "feed"
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Lauren
Hospitality, 1-10 employees
Less than 6 months
Apr 01, 2022
Best Real Estate tax prep program
Best Real Estate tax prep program
Pros
In just a few months Stessa accomplished what other programs couldn't do in 10 years: organizing my RE tax preparation files. Its a complete package without the complexities! - Mark
Cons
I have no issues whatsoever. Each feature, especially the tax prep package, is invaluable!
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Mark
Real Estate, 1-10 employees
More than a year
Apr 01, 2022
Easy to use
Easy to use
Pros
Stessa is a user friendly tool that keeps me organized. During tax time, I no longer scramble to gather information for my accountant.
Cons
I have no complaints. I absolutely love this software, and it enables me to focus on my business.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Rocky
Real Estate, 1-10 employees
More than a year
Mar 01, 2022
Great accounting tool
Great accounting tool
Pros
I absolutely adore Stessa. It's intuitive, user-friendly, and helps me manage my property finances without any issues. I highly recommend it to anyone with rental properties.
Cons
I struggle to find an instant solution for my question.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Aleksandar
Real Estate, 1-10 employees
Less than 6 months
Jan 01, 2022
Free Software
Free Software
Pros
I can seamlessly integrate loan servicing sites and add transactions and account information.
Cons
The web interface is a bit more intricate than others, with many areas to customize. I also can't find where to get training on the web interface for ease of use.
Ease of use
8
Value for money
8
Customer Support
8
Functionality
10
Anonymous
N/A, 1-10 employees
Less than 6 months
Jan 01, 2022
Great financial software tool for investors
Great financial software tool for investors
Pros
The product is incredibly easy to use, and it provides a visual representation of my overall portfolio. The reports, especially the schedule of real estate, are fantastic.
Cons
Unfortunately, there is no integration with Buildium, and there is no double entry accounting system.
Ease of use
10
Value for money
10
Customer Support
8
Functionality
7
Derrick
Investment Management, 1-10 employees
Less than a year
Dec 01, 2021
Stessa is a must have tool for your REI portfolio
Stessa is a must have tool for your REI portfolio
Pros
This software is incredibly easy to use for managing property rentals. The expense categories are broken down into subcategories, giving me a clear understanding of where my money is going. Everything I need to know or keep track of is at my fingertips in a simple yet effective format.
Cons
So far, I haven't encountered any cons. Everything about this software has exceeded my expectations.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Maria
Medical Practice, 1-10 employees
Less than 6 months
Nov 01, 2021
This software made us grow our business
This software made us grow our business
Pros
I love having all our property and tenant data in one place, easily accessible to the entire team. It helps us track our income and expenses for each property and gain a better understanding of real estate as beginners since we can always see the numbers.
Cons
I wish the reporting could be customized. The only reason I say this is because I would prefer more simple reports.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Jonathan
Real Estate, 1-10 employees
Less than a year
Nov 01, 2021
Essential tool for real estate investors
Essential tool for real estate investors
Pros
I appreciate how Stessa seamlessly connects to my property management company and my banks. It's fantastic to see a snapshot of my portfolio, and the tax package is incredibly useful saving me a lot of time during tax return preparation.
Cons
Theres nothing I really dislike. However it would be useful to have a functionality that allows me to split the multi-family units into their own units for reporting purposes. I admit it's my fault for starting with one property for a multi-unit one.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Rick
Computer Software, 1-10 employees
Less than a year
Sep 01, 2021
Property Management App for Free
Property Management App for Free
Pros
This product is a free solution that offers just as many features as most other real estate property management applications!
Cons
The user interface isn't particularly appealing, and the receipt scanner had some issues.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
John
Civil Engineering, 500+ employees
Less than 6 months
Aug 01, 2021
Great Mobile Management for all Real Estate
Great Mobile Management for all Real Estate
Pros
This app is incredible. It's the first platform that allows me to manage our entire portfolio directly from my phone if I want to. I can effortlessly track all expenses, import directly from the bank, and assign them to each property and even specific units.
Cons
I wish the transaction importing could occur in real time directly, without having to log in and refresh the transactions.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Josh
Real Estate, 1-10 employees
Less than a year
Aug 01, 2021
Great software for a new landlord
Great software for a new landlord
Pros
Stessa offers numerous features for tracking rental properties, and it's absolutely fantastic, especially considering it's free.
Cons
Since I joined many features kept getting added, which is a positive thing. However I could never fully transition from good old spreadsheets because I know this software is still developing and I might not be able to keep up with it.
Ease of use
8
Value for money
8
Customer Support
8
Functionality
7
Aneesh
Construction, 11-50 employees
Less than a year
Jul 01, 2021
Stessa is Quicken for Real Estate
Stessa is Quicken for Real Estate
Pros
The auto import feature from my connected accounts, including bank and credit card accounts has been a game-changer. It has also been incredibly helpful with my taxes. Every year I simply print out the tax report for each property, and my tax professional barely needs to ask me any questions.
Cons
To be completely honest, there's nothing I don't like. I will say I haven't tried their mobile app in over a year because it used to be quite weak. But I've heard it's been updated and is now very nice.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Rick
Construction, 1-10 employees
More than a year
Jul 01, 2021
Fantastic Software
Fantastic Software
Pros
It's incredibly easy to use without any guesswork. I appreciate the banking integration, tenant ledgers, general ledger, balance sheet, income statement, cash flow and all the other reports I could possibly need. The best part for me, is the year end package it generates for my tax professional.
Cons
I'd love to have the ability to update the RE Tax PIN number. The customer service is excellent, though, and they will make any updates you need quickly.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Nick
Real Estate, 1-10 employees
More than a year
May 01, 2021
Makes bookkeeping a breeze!
Makes bookkeeping a breeze!
Pros
The fact that Stessa is free is amazing! It offers so many features and is incredibly user friendly. The straightforward user interface will undoubtedly make tax time a breeze.
Cons
It would be fantastic if they could add a feature that allows you to scan your documents through the app. They already have it for receipts, but not for documents.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
9
Kevin
Real Estate, 1-10 employees
Less than 6 months
Apr 01, 2021
Incredible value
Incredible value
Pros
This platform excels at the fundamental aspects of real estate management and continuously evolves to include new, useful features like tax preparation documents.
Cons
No downsides at all! The team and product are great! They continually develop new features, and the development team is open to customer requests and acts on feedback.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Bryan
Public Safety, 1-10 employees
Less than a year
Feb 01, 2021
Makes my life so much easier!
Makes my life so much easier!
Pros
I love the effortless expense and income tracking, especially since it's directly linked to our bank accounts.
Cons
Mileage and depreciation tracking would be nice, but it's not necessary. CPAs handle that.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Lucas
Real Estate, 1-10 employees
Less than a year
Feb 01, 2021
Perfect for Rental Owners
Perfect for Rental Owners
Pros
I've been using QuickBooks for years but grew tired of their constant marketing techniques and gimmicks. It felt like every time I opened the program, there were new hoops to jump through just to get work done. Stessa on the other hand, is designed specifically for rental property owners. I enter income and expense items, and that's it. Each item falls into one of their well thought out categories. It seamlessly handles multiple locations and units. I can add or sell buildings, add or replace tenants, run targeted reports, export year-end data to my accountant, and visually analyze my performance. Even more impressive is the ability to auto import entries from bank accounts, credit accounts and more. Once I'm up and running, all my data is entered for me to edit or delete as needed, saving me a ton of time. Oh, and did I mention it's free? I'm not sure about the long term plan, but this software won't cost you a dime. It makes QuickBooks look outdated, cumbersome and downright annoying, which it has become over the years.
Cons
This isn't a property management platform in the traditional sense, where you can schedule maintenance and track hours. However, you can capture and import invoices, so all your records are in one place.
Ease of use
10
Value for money
10
Customer Support
9
Functionality
10
Stephen
Real Estate, 1-10 employees
Less than 6 months
Jan 01, 2021
Stessa is a game changer for the independent rental owner.
Stessa is a game changer for the independent rental owner.
Pros
Stessa provides the most user-friendly and purpose built rental property financial software that I've encountered. Many of my colleagues still struggle with overly complex general accounting software or, even worse, manually tracking everything in Excel. Stessa not only automates the majority of my bookkeeping but also offers real-time reporting, allowing me to quickly identify any anomalies in my asset performance. While other property management software may offer expense tracking or basic accounting features, Stessas exclusive focus on the financial aspect of rental property ownership enables them to provide a more comprehensive and innovative feature set.
Cons
As a single entry accounting system, it does come with all the drawbacks associated with that method of accounting (no cross-checking, greater potential for error, no tracking of real accounts, etc.). However, this was a deliberate design decision to make the software more user-friendly for the average rental owner. While it may lack the sophistication of a double-entry system,Stessa has found innovative ways to simulate certain aspects of a double-entry system through features like a derived Balance Sheet report using user-provided asset values and debt information.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Eric
Real Estate, 1-10 employees
More than a year
Jan 01, 2021
Game Changer
Game Changer
Pros
The setup and usage are a breeze. The interface is incredibly intuitive and straightforward.
Cons
I have experienced issues with data sources disconnecting.
Ease of use
10
Value for money
10
Customer Support
8
Functionality
8
Zachary
Real Estate, 1-10 employees
More than a year
Nov 01, 2020
Incredible product for managing my rental properties
Incredible product for managing my rental properties
Pros
I adore the ability to track all my transactions for each property in my portfolio. Additionally Stessa offers excellent features like splitting transactions into relevant categories such as principal, interest, and escrow for mortgage payments. The new reporting packages are a fantastic addition.
Cons
I would love to see the ability to copy transactions or have an autofill function (like Google search) for common transactions. The main dashboards could also use some tweaking for comparing long-term vs. short-term rental properties.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
9
Jose
E-Learning, 101-500 employees
Less than a year
Oct 01, 2020
1 Stop Shopping...
1 Stop Shopping...
Pros
The integration is effortless, and the reports are highly useful. It's a great value for the price.
Cons
There were some small glitches during the initial setup but it was mostly user error!
Ease of use
8
Value for money
10
Customer Support
10
Functionality
8
Charlie
Real Estate, 1-10 employees
Less than 6 months
Aug 01, 2020
Best free real estate landlord software
Best free real estate landlord software
Pros
Stessa allows me to track cash flow, maintain a balance sheet, store and retrieve documents, and provides a dashboard of key performance indicators.
Cons
Not much, they are constantly adding new features.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Dan
Real Estate, 1-10 employees
Less than a year
May 01, 2020
A must have software program for Landlords
A must have software program for Landlords
Pros
Stessa software is the simplest program for managing my rental properties. I love how I can set up a property profile and connect it to the respective bank account, and Stessa automatically uploads my transactions and notifies me to review them. Every month, I receive updates on my cash flow. This program is a no brainer for anyone who owns or manages multiple properties, as it allows me to view them collectively or individually with ease.
Cons
Setting up the initial property details was a bit confusing for me, but once I familiarized myself with the program and how to add information, it became much more user-friendly.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Cami
Real Estate, 1-10 employees
Less than a year
Apr 01, 2020
Issue with bank integration
Issue with bank integration
Pros
The user interface is incredibly intuitive, and the best part is that its free. The workflow is logically organized.
Cons
I concur with a few other reviews regarding the software's financial aspects. It doesn't allow filtering rent if you have connected personal accounts for personal properties. Additionally it lacks seamless integration with the bank on a daily basis. I have to manually retrieve data every time I use it. Two factor authentication via text message would have been a preferable option over an authenticator. The reports generated are insufficient, and there is a need for more integration of property management tasks.
Ease of use
8
Value for money
10
Customer Support
6
Functionality
8
Umesh
Real Estate, 1-10 employees
Less than 6 months
Mar 01, 2020
The easys way for handling my rental apartments
The easys way for handling my rental apartments
Pros
The simplicity of use is incredible, and the tax packages are fantastic.
Cons
Sometimes, I find myself checking the same expenses multiple times before they are automatically recognized.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Miguel H
Real Estate, 1-10 employees
More than a year
Feb 01, 2020
Perfect for Investors just getting started
Perfect for Investors just getting started
Pros
This software is incredibly easy to use and set up. It guides you through the property setup process with simple, step by step questions. You don't need extensive knowledge of accounting or accounting software because the software sets up the structure for monitoring and tracking your real estate transactions. At the end of the year, you can easily generate financial reports for your accountant. I use it monthly, and entering transactions takes less than 5 minutes.
Cons
There are no options for categorizing HOA fees in the "money going out" section. I include them under the Management fees category. It would be great to have a separate category for HOA fees.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
9
Janea
Real Estate, 1-10 employees
Less than a year
Dec 01, 2019
Easy to use and fantastic customer service!
Easy to use and fantastic customer service!
Pros
Stessa makes it a breeze to assess the performance of my real estate portfolio. No more manual calculations in Excel for me!
Cons
Nothing at all. They continuously update and enhance the functionality!
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Sarah
Real Estate, 1-10 employees
Less than a year
Nov 01, 2019
Filters
Stessa Support is non-existent
Stessa Support is non-existent
Pros
The setup and usage of the software were simple and easy to use.
Cons
The assistance provided is exceptional.
Ease of use
8
Value for money
5
Customer Support
4
Functionality
7
Anonymous
N/A, 1-10 employees
Less than 6 months
Jan 01, 2024
I wanted to love Stessa, unfortunately the features fall short
I wanted to love Stessa, unfortunately the features fall short
Pros
The website's design was incredibly intuitive. The reports provided were both helpful and visually appealing.
Cons
The Stessa software has a critical flaw in how it handles bank transactions, rendering the pretty reports useless. I noticed this issue when I initially signed up for the site years ago and have contacted customer support multiple times. Occasionally, they fix the problem temporarily, but it quickly reverts back to being broken. I will describe the specific issue below.
Ease of use
10
Value for money
8
Customer Support
4
Functionality
7
Nicholas
Real Estate, 1-10 employees
More than a year
Dec 01, 2023
Stessa Changed My Life!
Stessa Changed My Life!
Pros
Stessa is a real estate management software that I find easy to use and reliable. It has transformed the way I handle accounting, which used to be a hassle. I almost look forward to using Stessa!
Cons
I wish I had the ability to manually "rename" certain vendors when their information is automatically imported. It can be a bit cumbersome to constantly update them from their "DBA" name to the name I recognize in my daily business. It's not a deal-breaker, just a suggestion!
Ease of use
10
Value for money
10
Customer Support
9
Functionality
10
Vickie
Hospitality, 1-10 employees
Less than a year
Oct 01, 2023
Beware- unresponsive customer service
Beware- unresponsive customer service
Pros
The software allows for efficient tracking of data and the ability to compare various statistics and metrics.
Cons
Initially I liked the app, but now the company has become completely unresponsive. They deleted my account, leaving my money locked in. I received emails with links to provide information and then the links claimed the information was already received. Despite weeks of effort through email and online submission, I could not even get a person to call me. It feels like my money is being held hostage. I invested so much time setting this up, and they have shown no concern for me as a customer. I have wasted countless hours. I strongly advise avoiding this app now.
Ease of use
2
Value for money
2
Customer Support
2
Functionality
5
Bob
Real Estate, 1-10 employees
Less than 6 months
Sep 01, 2023
Great Software for Real Estate
Great Software for Real Estate
Pros
The user interface is fantastic and navigating through the dashboard provides all the essential information I need.
Cons
The connection with YODLEE is unreliable and needs adjustments. Different login credentials consistently direct the bank institutions to the wrong login page.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
8
Mario
Real Estate, 1-10 employees
Less than a year
Aug 01, 2023
Great Value & Tracking Tool
Great Value & Tracking Tool
Pros
I appreciate the convenience of having a centralized location to store data, numbers, documents, and more.
Cons
It requires additional categories and subcategories to cover common line items that are presently not included.
Ease of use
8
Value for money
10
Customer Support
10
Functionality
8
Joel
Real Estate, 1-10 employees
More than a year
Jul 01, 2023
Easy to use Real Estate Accounting Software
Easy to use Real Estate Accounting Software
Pros
This software is free and incredibly user-friendly. Setting it up was a breeze, and generating reports is effortless, making tax time a stress-free experience.
Cons
The dashboard can be a little confusing as it includes capital expenditures in the cash flow analysis. If you perform a roof replacement as part of your investment, it shows an extended negative average cash flow, which can be misleading. Although this is offset by the property's higher value, I would like to have a feature to exclude extraordinary items from the cash flow analysis to evaluate the propertys sole operating performance. Lastly the synchronization of bank transactions can be delayed by up to a day before they appear in the software.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Matthias
Real Estate, 1-10 employees
Less than a year
Jul 01, 2023
The links NEVER work
The links NEVER work
Pros
Initially, it was great, but their customer service is absolutely terrible. My link hasn't worked for five months, and their response has always been an apology. They even mentioned that if it somehow starts working again, I'll have to manually enter everything! It has been a nightmare.
Cons
Their customer service was consistently unhelpful, providing only generic responses.
Ease of use
10
Value for money
2
Customer Support
3
Functionality
3
Morgan
Real Estate, 1-10 employees
More than a year
Jun 01, 2023
With Stessa, we are bot affraid to scale our business.
With Stessa, we are bot affraid to scale our business.
Pros
The ease of use, abundance of reports, mobile accessibility, and simplified tax management have made a significant difference.
Cons
We own a vacation rental property (STR) in Mexico, and unfortunately, we cannot track it in the same way we track our properties in the US.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Pedro
Real Estate, 1-10 employees
Less than a year
Jun 01, 2023
Great for finding a tenant then you try to collect rent
Great for finding a tenant then you try to collect rent
Pros
The rental application process is straightforward and uncomplicated.
Cons
Rent collection is problematic. They fail to mention that to use it, you must use their checking account. So you go through hoops to set up an unwanted checking account. Then accessing the funds from the account you never wanted becomes a nightmare. And every issue is considered your problem or your bank's problem not theirs. Their customer service is practically non-existent. I regret having asked my tenant to pay through them.
Ease of use
3
Value for money
4
Customer Support
3
Functionality
3
Anonymous
N/A, 1-10 employees
Less than 6 months
May 01, 2023
Great product
Great product
Pros
It's easy to use, and it's great for tracking expenses.
Cons
I would appreciate the ability to download more credit cards.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
June
Real Estate, 1-10 employees
More than a year
Apr 01, 2023
Why do everything twices
Why do everything twices
Pros
The interface is user-friendly, and I find it easy to navigate. The reporting functionality is also impressive.
Cons
It lacks numerous features essential for property managers. To get it to work, you have to connect it to bank and credit card accounts. Consequently, if you have petty cash accounts or manually entered transactions paid from specific accounts, the software won't function properly. It operates on a transaction basis, which is fine, and you can associate a transaction with a property, but you can't associate it with an account, so there's no way to filter by account. When manually adding a transaction you can't link it to an account. It also lacks the capability to create recurring bills or income. It falls short in tracking different types of accounts, which is crucial for real estate investors and property managers of all sizes. Unfortunately you get what you pay for, and I don't see any value in doing everything twice. It simply isn't worth the time.
Ease of use
1
Value for money
1
Customer Support
1
Functionality
1
Aaron
Real Estate, 1-10 employees
Less than 6 months
Apr 01, 2023
New Free Tier is Insulting and A Joke... Horrible Decision
New Free Tier is Insulting and A Joke... Horrible Decision
Pros
I used to be a big fan of Stessa, but I'm extremely disappointed with their decision to charge $20 per month for the Pro features while downgrading the Free tier. I've been with Stessa for years, but I'll be switching to the best free option as soon as I decide on one.
Cons
The new Pro Tier offers poor value, and the Free features have been stripped down to the point of being unhelpful. I am very disappointed.
Ease of use
6
Value for money
4
Customer Support
6
Functionality
6
Anonymous
N/A, 1-10 employees
More than a year
Feb 01, 2023
Highly recommend Stessa!
Highly recommend Stessa!
Pros
The setup process was simple, and using Stessa instead of spreadsheets has significantly improved productivity and accuracy. I'm loving it!
Cons
I just wish there was a way to add/modify categories.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Luis
Real Estate, 1-10 employees
Less than a year
Dec 01, 2022
Must have for landlords
Must have for landlords
Pros
Tracking expenses has become incredibly simple with this software. It effortlessly pulls data from linked accounts.
Cons
I believe the cash management aspect will improve. Customer support informed me that they are working on adding the features I suggested.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Jason
Real Estate, 1-10 employees
Less than 6 months
Dec 01, 2022
Ok for main stream, struggles to adapt
Ok for main stream, struggles to adapt
Pros
Look I understand that it's a free software but their inability to resolve a seemingly simple issue after five months is unacceptable.
Cons
Surprisingly for a software company, they lack agility. Two instances exemplify this: Firstly, for nearly every transaction, we have to manually attribute it to the property/tenant, even though the amounts and ledgers are exactly the same every month. It seems the only AI they use is a checkbox that links a bank account to a property. While that works for loans, it should also handle rents. Secondly, we can access mint.com and enter all the login credentials, which provides us with the balances of all our cards. However Stessa has consistently struggled to add some credit cards associated with one of my banks. We have reached out to them intermittently for nearly a year, and they appear perplexed and unable to resolve the issue. Now after five months of continuous follow-up, they have either ignored us or provided vague reassurances that they are working on it. If its genuinely that challenging, how can another company effortlessly accomplish it?
Ease of use
7
Value for money
8
Customer Support
5
Functionality
7
Marty
Real Estate, 1-10 employees
Less than a year
Nov 01, 2022
Best software for the price of FREE
Best software for the price of FREE
Pros
This application has been thoughtfully designed, allowing me to track all property expenses efficiently. I can assign tags to expenses to track them for each unit.
Cons
It would be great if they offered lease management in a way that allows for creating and editing leases on the app,and tenants can electronically sign the leases.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Karl
Real Estate, 1-10 employees
Less than a year
Nov 01, 2022
Right tool for the job
Right tool for the job
Pros
The software comes pre set for rental properties, including all the necessary categories and tax reports. My tax preparer loves it. Additionally, bank transactions are automatically transferred into Stessa and it even offers a rent collection option, which I plan to use in the future.
Cons
Split transactions display as individual transactions on the ledger instead of true splits which can make reconciliation a bit challenging at times. Splitting transactions is only possible on the desktop version not the mobile app.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
9
Jim
Real Estate, 1-10 employees
Less than a year
Sep 01, 2022
Accounting and financial reports with a click
Accounting and financial reports with a click
Pros
This software is specifically developed for real estate managers, and it makes accounting seamless and efficient by automatically pulling bank transactions and generating ongoing graphs and reports.
Cons
In my specific situation there is an issue with having to refresh the bank connection repeatedly. However, this is because my bank is not as advanced as other mainstream banks that are better supported by the transaction import protocol.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
9
Anonymous
N/A, 1-10 employees
Less than a year
Aug 01, 2022
GREAT for my small business
GREAT for my small business
Pros
I really appreciate the import feature as it simplifies tracking and maintaining account balances. It also allows me to easily separate and categorize my properties.
Cons
I honestly can't find anything I dislike. Perhaps if there was a way to create folders without adding a property it would be even better.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Viola R
Hospitality, 1-10 employees
Less than 6 months
Jul 01, 2022
Ease of Use
Ease of Use
Pros
I love how I can effortlessly track all the important metrics that real estate investors use.
Cons
I really wish the system could track owner financing deals.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Tony
Investment Management, 1-10 employees
More than a year
Jul 01, 2022
RE investor? You need to start using Stessa!
RE investor? You need to start using Stessa!
Pros
Taking control of my business has become a breeze with Stessa's easy income and expense tracking. Whether I link my accounts or add transactions as I go, Stessa generates all the reports I need making tax time incredibly simple.
Cons
It would be great if I could allow another user like a partner or manager, to log in with their own credentials and have limited (or full) access to my data.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Bradley
Real Estate, 1-10 employees
Less than a year
Jul 01, 2022
Simple to Jump Straight Into!
Simple to Jump Straight Into!
Pros
Importing my past transactions from an Excel spreadsheet was a piece of cake. The instructions provided by Stessa for converting the file to CSV format were easy to follow, and I was impressed by how seamlessly and quickly months of transactions were imported. Their customer service is also responsive, which is a huge win!
Cons
It would be nice to have the option to display the notes about a transaction in the main "feed"
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Lauren
Hospitality, 1-10 employees
Less than 6 months
Apr 01, 2022
Best Real Estate tax prep program
Best Real Estate tax prep program
Pros
In just a few months Stessa accomplished what other programs couldn't do in 10 years: organizing my RE tax preparation files. Its a complete package without the complexities! - Mark
Cons
I have no issues whatsoever. Each feature, especially the tax prep package, is invaluable!
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Mark
Real Estate, 1-10 employees
More than a year
Apr 01, 2022
Easy to use
Easy to use
Pros
Stessa is a user friendly tool that keeps me organized. During tax time, I no longer scramble to gather information for my accountant.
Cons
I have no complaints. I absolutely love this software, and it enables me to focus on my business.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Rocky
Real Estate, 1-10 employees
More than a year
Mar 01, 2022
Great accounting tool
Great accounting tool
Pros
I absolutely adore Stessa. It's intuitive, user-friendly, and helps me manage my property finances without any issues. I highly recommend it to anyone with rental properties.
Cons
I struggle to find an instant solution for my question.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Aleksandar
Real Estate, 1-10 employees
Less than 6 months
Jan 01, 2022
Free Software
Free Software
Pros
I can seamlessly integrate loan servicing sites and add transactions and account information.
Cons
The web interface is a bit more intricate than others, with many areas to customize. I also can't find where to get training on the web interface for ease of use.
Ease of use
8
Value for money
8
Customer Support
8
Functionality
10
Anonymous
N/A, 1-10 employees
Less than 6 months
Jan 01, 2022
Great financial software tool for investors
Great financial software tool for investors
Pros
The product is incredibly easy to use, and it provides a visual representation of my overall portfolio. The reports, especially the schedule of real estate, are fantastic.
Cons
Unfortunately, there is no integration with Buildium, and there is no double entry accounting system.
Ease of use
10
Value for money
10
Customer Support
8
Functionality
7
Derrick
Investment Management, 1-10 employees
Less than a year
Dec 01, 2021
Stessa is a must have tool for your REI portfolio
Stessa is a must have tool for your REI portfolio
Pros
This software is incredibly easy to use for managing property rentals. The expense categories are broken down into subcategories, giving me a clear understanding of where my money is going. Everything I need to know or keep track of is at my fingertips in a simple yet effective format.
Cons
So far, I haven't encountered any cons. Everything about this software has exceeded my expectations.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Maria
Medical Practice, 1-10 employees
Less than 6 months
Nov 01, 2021
This software made us grow our business
This software made us grow our business
Pros
I love having all our property and tenant data in one place, easily accessible to the entire team. It helps us track our income and expenses for each property and gain a better understanding of real estate as beginners since we can always see the numbers.
Cons
I wish the reporting could be customized. The only reason I say this is because I would prefer more simple reports.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Jonathan
Real Estate, 1-10 employees
Less than a year
Nov 01, 2021
Essential tool for real estate investors
Essential tool for real estate investors
Pros
I appreciate how Stessa seamlessly connects to my property management company and my banks. It's fantastic to see a snapshot of my portfolio, and the tax package is incredibly useful saving me a lot of time during tax return preparation.
Cons
Theres nothing I really dislike. However it would be useful to have a functionality that allows me to split the multi-family units into their own units for reporting purposes. I admit it's my fault for starting with one property for a multi-unit one.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Rick
Computer Software, 1-10 employees
Less than a year
Sep 01, 2021
Property Management App for Free
Property Management App for Free
Pros
This product is a free solution that offers just as many features as most other real estate property management applications!
Cons
The user interface isn't particularly appealing, and the receipt scanner had some issues.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
John
Civil Engineering, 500+ employees
Less than 6 months
Aug 01, 2021
Great Mobile Management for all Real Estate
Great Mobile Management for all Real Estate
Pros
This app is incredible. It's the first platform that allows me to manage our entire portfolio directly from my phone if I want to. I can effortlessly track all expenses, import directly from the bank, and assign them to each property and even specific units.
Cons
I wish the transaction importing could occur in real time directly, without having to log in and refresh the transactions.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Josh
Real Estate, 1-10 employees
Less than a year
Aug 01, 2021
Great software for a new landlord
Great software for a new landlord
Pros
Stessa offers numerous features for tracking rental properties, and it's absolutely fantastic, especially considering it's free.
Cons
Since I joined many features kept getting added, which is a positive thing. However I could never fully transition from good old spreadsheets because I know this software is still developing and I might not be able to keep up with it.
Ease of use
8
Value for money
8
Customer Support
8
Functionality
7
Aneesh
Construction, 11-50 employees
Less than a year
Jul 01, 2021
Stessa is Quicken for Real Estate
Stessa is Quicken for Real Estate
Pros
The auto import feature from my connected accounts, including bank and credit card accounts has been a game-changer. It has also been incredibly helpful with my taxes. Every year I simply print out the tax report for each property, and my tax professional barely needs to ask me any questions.
Cons
To be completely honest, there's nothing I don't like. I will say I haven't tried their mobile app in over a year because it used to be quite weak. But I've heard it's been updated and is now very nice.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Rick
Construction, 1-10 employees
More than a year
Jul 01, 2021
Fantastic Software
Fantastic Software
Pros
It's incredibly easy to use without any guesswork. I appreciate the banking integration, tenant ledgers, general ledger, balance sheet, income statement, cash flow and all the other reports I could possibly need. The best part for me, is the year end package it generates for my tax professional.
Cons
I'd love to have the ability to update the RE Tax PIN number. The customer service is excellent, though, and they will make any updates you need quickly.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Nick
Real Estate, 1-10 employees
More than a year
May 01, 2021
Makes bookkeeping a breeze!
Makes bookkeeping a breeze!
Pros
The fact that Stessa is free is amazing! It offers so many features and is incredibly user friendly. The straightforward user interface will undoubtedly make tax time a breeze.
Cons
It would be fantastic if they could add a feature that allows you to scan your documents through the app. They already have it for receipts, but not for documents.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
9
Kevin
Real Estate, 1-10 employees
Less than 6 months
Apr 01, 2021
Incredible value
Incredible value
Pros
This platform excels at the fundamental aspects of real estate management and continuously evolves to include new, useful features like tax preparation documents.
Cons
No downsides at all! The team and product are great! They continually develop new features, and the development team is open to customer requests and acts on feedback.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Bryan
Public Safety, 1-10 employees
Less than a year
Feb 01, 2021
Makes my life so much easier!
Makes my life so much easier!
Pros
I love the effortless expense and income tracking, especially since it's directly linked to our bank accounts.
Cons
Mileage and depreciation tracking would be nice, but it's not necessary. CPAs handle that.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Lucas
Real Estate, 1-10 employees
Less than a year
Feb 01, 2021
Perfect for Rental Owners
Perfect for Rental Owners
Pros
I've been using QuickBooks for years but grew tired of their constant marketing techniques and gimmicks. It felt like every time I opened the program, there were new hoops to jump through just to get work done. Stessa on the other hand, is designed specifically for rental property owners. I enter income and expense items, and that's it. Each item falls into one of their well thought out categories. It seamlessly handles multiple locations and units. I can add or sell buildings, add or replace tenants, run targeted reports, export year-end data to my accountant, and visually analyze my performance. Even more impressive is the ability to auto import entries from bank accounts, credit accounts and more. Once I'm up and running, all my data is entered for me to edit or delete as needed, saving me a ton of time. Oh, and did I mention it's free? I'm not sure about the long term plan, but this software won't cost you a dime. It makes QuickBooks look outdated, cumbersome and downright annoying, which it has become over the years.
Cons
This isn't a property management platform in the traditional sense, where you can schedule maintenance and track hours. However, you can capture and import invoices, so all your records are in one place.
Ease of use
10
Value for money
10
Customer Support
9
Functionality
10
Stephen
Real Estate, 1-10 employees
Less than 6 months
Jan 01, 2021
Stessa is a game changer for the independent rental owner.
Stessa is a game changer for the independent rental owner.
Pros
Stessa provides the most user-friendly and purpose built rental property financial software that I've encountered. Many of my colleagues still struggle with overly complex general accounting software or, even worse, manually tracking everything in Excel. Stessa not only automates the majority of my bookkeeping but also offers real-time reporting, allowing me to quickly identify any anomalies in my asset performance. While other property management software may offer expense tracking or basic accounting features, Stessas exclusive focus on the financial aspect of rental property ownership enables them to provide a more comprehensive and innovative feature set.
Cons
As a single entry accounting system, it does come with all the drawbacks associated with that method of accounting (no cross-checking, greater potential for error, no tracking of real accounts, etc.). However, this was a deliberate design decision to make the software more user-friendly for the average rental owner. While it may lack the sophistication of a double-entry system,Stessa has found innovative ways to simulate certain aspects of a double-entry system through features like a derived Balance Sheet report using user-provided asset values and debt information.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Eric
Real Estate, 1-10 employees
More than a year
Jan 01, 2021
Game Changer
Game Changer
Pros
The setup and usage are a breeze. The interface is incredibly intuitive and straightforward.
Cons
I have experienced issues with data sources disconnecting.
Ease of use
10
Value for money
10
Customer Support
8
Functionality
8
Zachary
Real Estate, 1-10 employees
More than a year
Nov 01, 2020
Incredible product for managing my rental properties
Incredible product for managing my rental properties
Pros
I adore the ability to track all my transactions for each property in my portfolio. Additionally Stessa offers excellent features like splitting transactions into relevant categories such as principal, interest, and escrow for mortgage payments. The new reporting packages are a fantastic addition.
Cons
I would love to see the ability to copy transactions or have an autofill function (like Google search) for common transactions. The main dashboards could also use some tweaking for comparing long-term vs. short-term rental properties.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
9
Jose
E-Learning, 101-500 employees
Less than a year
Oct 01, 2020
1 Stop Shopping...
1 Stop Shopping...
Pros
The integration is effortless, and the reports are highly useful. It's a great value for the price.
Cons
There were some small glitches during the initial setup but it was mostly user error!
Ease of use
8
Value for money
10
Customer Support
10
Functionality
8
Charlie
Real Estate, 1-10 employees
Less than 6 months
Aug 01, 2020
Best free real estate landlord software
Best free real estate landlord software
Pros
Stessa allows me to track cash flow, maintain a balance sheet, store and retrieve documents, and provides a dashboard of key performance indicators.
Cons
Not much, they are constantly adding new features.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Dan
Real Estate, 1-10 employees
Less than a year
May 01, 2020
A must have software program for Landlords
A must have software program for Landlords
Pros
Stessa software is the simplest program for managing my rental properties. I love how I can set up a property profile and connect it to the respective bank account, and Stessa automatically uploads my transactions and notifies me to review them. Every month, I receive updates on my cash flow. This program is a no brainer for anyone who owns or manages multiple properties, as it allows me to view them collectively or individually with ease.
Cons
Setting up the initial property details was a bit confusing for me, but once I familiarized myself with the program and how to add information, it became much more user-friendly.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Cami
Real Estate, 1-10 employees
Less than a year
Apr 01, 2020
Issue with bank integration
Issue with bank integration
Pros
The user interface is incredibly intuitive, and the best part is that its free. The workflow is logically organized.
Cons
I concur with a few other reviews regarding the software's financial aspects. It doesn't allow filtering rent if you have connected personal accounts for personal properties. Additionally it lacks seamless integration with the bank on a daily basis. I have to manually retrieve data every time I use it. Two factor authentication via text message would have been a preferable option over an authenticator. The reports generated are insufficient, and there is a need for more integration of property management tasks.
Ease of use
8
Value for money
10
Customer Support
6
Functionality
8
Umesh
Real Estate, 1-10 employees
Less than 6 months
Mar 01, 2020
The easys way for handling my rental apartments
The easys way for handling my rental apartments
Pros
The simplicity of use is incredible, and the tax packages are fantastic.
Cons
Sometimes, I find myself checking the same expenses multiple times before they are automatically recognized.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Miguel H
Real Estate, 1-10 employees
More than a year
Feb 01, 2020
Perfect for Investors just getting started
Perfect for Investors just getting started
Pros
This software is incredibly easy to use and set up. It guides you through the property setup process with simple, step by step questions. You don't need extensive knowledge of accounting or accounting software because the software sets up the structure for monitoring and tracking your real estate transactions. At the end of the year, you can easily generate financial reports for your accountant. I use it monthly, and entering transactions takes less than 5 minutes.
Cons
There are no options for categorizing HOA fees in the "money going out" section. I include them under the Management fees category. It would be great to have a separate category for HOA fees.
Ease of use
10
Value for money
10
Customer Support
10
Functionality
9
Janea
Real Estate, 1-10 employees
Less than a year
Dec 01, 2019
Easy to use and fantastic customer service!
Easy to use and fantastic customer service!
Pros
Stessa makes it a breeze to assess the performance of my real estate portfolio. No more manual calculations in Excel for me!
Cons
Nothing at all. They continuously update and enhance the functionality!
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Sarah
Real Estate, 1-10 employees
Less than a year
Nov 01, 2019