Stessa: Smart Rental Manager Reviews

by Standardraiser

Well, it’s a bit unfortunate that I have to rate this as one star. Let me be clear though: the tool itself of this app online is a phenomenal tool for a real estate investor DIY landlord. I just started using it and see the potential. I was excited to learn there was an app.....until I used it. So, my 1 Star is for Stessa NOT for the online tool. Online tool gets 5 stars, app gets one...should be less than one. Stessa just doesn’t do much at all. Sure, scanning receipts is fine, but that’s counterintuitive given you can connect your bank to automatically download transactions. It does nothing else. You see your properties but can’t click on them to see details. The dashboard page directs you to the website. Shoot, at least do an iframe if your own site and SSO into there. This is an example of a company that made an app because they’re “supposed to make an app.” It wasn’t near ready. IMO they’d be better killing Stessa until it is fully baked and then introducing it when they can match the UX in the native app with the online experience. It’s a shame given the online tool is good.

by Al Ex 1

The platform worked great for the first year and a half I would have paid to use it. They changed there process and it kicked my bank off the platform. I went to reconnect my bank and it deleted my all my financial. They “tried to resolve” my issue for over a month. I kept getting the run around. Finally I asked them if it would ever would be fixed and they said they don’t see it happening. Absolutely terrible customer service. Do not rely on them to help run your business.

by Mikemuv

I find Stessa LOADED with too much unnecessary info sometimes it gets really confusing and frustrating. Also, sometimes you put in data / transactions and Stessa does not adjust the figures the way you want it to because Stessa wants to tell you what to do, not you telling it what to do, it always seems to ask you to add extra unnecessary info in order for it to perform the tasks you want.

by AkLucas

After being unable to link my business bank account with them, I used the support chat to communicate the issue. 8 days later I’ve had 1 response that was along the lines of “we’ll look into it and get back to you” and have had 0 communication from them since despite multiple attempts to re-establish contact. Customer support is a joke. Very disappointed after all of the hype from the Bigger Pockets community.

by Csst

It was so easy when it worked. Unfortunately it’s been months since my bank accounts stopped syncing. I’ve been in communication with customer service and their response time has been extremely slow and they’ve been unable to resolve the issue. I’m on the hunt for another management app that syncs properly.

by Mq2126

Overall a good system, but the data link part is very unstable.
I tried to link up a few different financial institutions, they were initially able to get connected, but over the data link would break one after another over the next few days. And this happened several times already. Kind of frustrating to experience this unstable data link. I hope this app would be able to fix it.

Also the different income or expenses categories, it would be really good if you can allow some customized categories. Some of my expenses don’t fit into any of the pre-defines categories.

Thank you for considering this.

by Hazeldad

This is a fairly new program, and so it is still evolving as the developers respond to new ideas. As far as being a quick way of seeing how your properties are doing or adding new receipts on the fly, it seems pretty good.

I find on some pages that the user interface is a little bit difficult. For example, the menu, data sources, and the dashboard use either very small or very thin fonts that are hard to read. These hard to read font styles, sizes, and colors seem to be popular these days, but bigger, bolder and easier to read is the way to go on a phone.

by Jcolson

We’ve only been using Stessa a couple months but so far I am extremely impressed. Stessa is easy to use intuitive and functional.

I have not yet had to use the reporting tool for taxes but I look forward to seeing what ut can do.

by GregReview

Started using Buildium and just didn’t love it. Then I heard about this app on a Bigger Pockets forum, tried it out, and soon cancelled my Buildium account since I didn’t really need all the syndicated listing and lease payment features of Buildium. this app’s biggest strength is in expense and revenue tracking, which is significantly easier to use than Buildium. If you’ve read this far, I highly recommend just giving it a go to see for yourself.

by Gracetema

Stessa is amazing ! Is absolutely everything I was looking for. Not only does it let you add as many properties as you want, but it also pulls all records from county records to have it all accessible. It lets you add all your income and expenses and it shows a graph to manage your cash flow. It lets you upload files such as lease agreements, recorded deeds etc ! I love it and I would definitely recommend it ! Its also FREE!! Not like other apps that give you limited access and you have to pay if you want to enjoy all the perks.

by J_C_Invest

I’ve never written a review in Stessa Store before but honestly this is worth returning the favor a little to this app. I tried this app a while back and was underwhelmed. But I recently gave it another try and the development of the product has been remarkable. They don’t force your hand into a paid subscription-I get the functionality out of the free version. It’s also making my info for tax time extremely easy. With their integrations and layout, I will absolutely be a continued user and suggest to others.

by Bertsnipes

Ok, took me an hour to really understand Stessa . But now that I’ve got it down…wow. The receipt uploaded alone is worth it. Snap a picture and the receipt total is read and the image is stored crystal clear. Amazing

by ISAL Properties

I’m just getting started using Stessa but so far it is exactly what I was looking for to manage my expenses as a new real estate investor. I’m excited to have such a great resource to keep everything tracked!

by Blue Eyes 123

I cannot state enough how GREAT this app is! I can view my entire portfolio in a glance!

I did have an issue with an account not updating due to my Bank updating their login procedure and this app’s customer service went ABOVE and BEYOND to help!

Plus I talked with a Real Person! Try getting that for FREE!?!?

by Tversion

Stessa is very convenient to enter income and expenses on the goal on the mobile phone. Very convenient and it’s going to make it easier for me when it is tax time later. I have recommended this to other friends that own properties and they are loving it too!!

by Loyal For A Reason

I can’t believe how amazingly user friendly Stessa is! I’m doing a bit of property management as a side hustle, and thought I might have to quit because I couldn’t keep up with the paperwork, but Stessa has changed my mind! What a time saver! Stessa deserves more than five stars! I’m hooked!

by Meg.mp

I used to spend an incredible amount of time doing what Stessa takes to do in a very brief period. I don’t link accounts, just take pictures of the receipts and enter everything manually. We are keeping track of our 20+ rentals and flip house expenses with Stessa. I can truly say this is the first time in my life I won’t dread tax time and know this is going to make our lives so much easier. Thank you, thank you, thank you to the this app creators.

by DominiqueN77

I love how easy Stessa is to use. I love being able to track everything. My wife and I are extremely nervous about this next step in our lives, but we are happy we found this app! I’m still hesitant about linking our bank account. Baby steps :-). Amazing app! I’m looking forward to using this and future products!

by 4callmemom

I would give this 5 stars but almost did 4. It’s been beer perfect if it wasn’t for the difficult time I’ve had with this app not communicating with my bank. Customer service has been responsive but it’s been months since I’ve had it working. Other than that, LOVE this and wouldn’t want to be without it!

by Antelope Pumpkin

I just started using Stessa and I only use one of its functions but it does what I need it to do which is to keep track of the expenses for the one small building I own. I’ve not been very good at keeping track of them which makes it difficult at tax time. I think Stessa will help with that. I can’t say anything about the other functions that are on Stessa .

by Amdbsu

Stessa really doesn’t have too many features yet. Beyond adding receipts or manual submissions you can’t do or see much. Once they add some of the web features it will be a much more complete app rather than the current premature version.

by Mark_M123

Stessa is helpful

by Jeff Misevich

Love the feature of scanning and tracking expenses for multiple rental properties. Would like to see an easier way if end of the year tax reporting to create a 1 page dashboard for each property. Really see value in being able to easily show cumulative expenses/write offs.

by Joe With A 12v

This is a great app for tracking expenses, can’t wait until some of the features from the web version make it to Stessa

by Gordeta

New to the rental business, I started using this app this weekend. It was easy to catch on to and seems to have the basic things we need to track our rentals.

by Ekuhi

this app helps me stay organized with my property expenses. It 1 area I’ve always struggled with and this app definitely helps me improve my lack of organization

by BedfordandFriends

The best I have found to keep everything in order. My CPA is going to be giving me the gift basket this year.

by Self Made Enterprises LLC

If day with Stessa but so far it’s been great. Easy to use

by Top 2-27

This application is terrific! The team keeps improving it as well. Looking forward to automatic mileage tracking, missed rent indicators/warnings, and a few other small additions that are missing. Overall, it’s super useful and easy!