Stessa

Stessa is a real estate management platform designed to assist rental property owners in tracking, managing, and optimizing their real estate portfolios. According to the vendor, Stessa caters to a wide range of real estate investors, from individual landlords with a single property to professional investors with large portfolios. The platform is utilized by various professionals and industries, including real estate investors, landlords, property managers, real estate professionals, and rental property owners.

Key Features

Reporting and Insights: According to the vendor, Stessa provides 24/7 visibility into portfolio performance with automatically generated and updated reports, including income statements, balance sheets, and cash flow reports.

Automate Income & Expense Tracking: The vendor claims that Stessa replaces manual paperwork with a secure and automated system that organizes transactions. Users can set up automated tracking of income and expenses for accurate and dynamic financials.

Cash Management: Stessa offers a cash management account that integrates with the platform, providing competitive annual percentage yield (APY) rates and no hidden fees, according to the vendor.

Online Rent Collection: The vendor states that Stessa automates rent collection, eliminating the need for rent reminders and manual check deposits. Users can onboard tenants, send rent reminders, and receive real-time updates on rent payments.

Rental Applications: Stessa allows users to generate rental applications within the platform, track their status, and access tenant screening services backed by credit checks and background screening, according to the vendor.

Mobile App: According to the vendor, Stessa offers a mobile app for iOS and Android devices, enabling users to access portfolio stats, reports, and property performance on the go.

Property Tracking: Stessa allows users to track income and expenses for each property in their portfolio, categorize transactions, and monitor cash flow and profitability for individual properties, according to the vendor.

Document Organization: Users can upload and store important property-related documents, such as leases, contracts, and insurance policies, in Stessa. The vendor claims that documents can be organized by property or category for easy access.

Performance Analytics: Stessa enables users to generate detailed reports on property performance, including income, expenses, and cash flow. According to the vendor, users can analyze key metrics such as return on investment (ROI), cap rate, and net operating income (NOI), and compare property performance over time.

Automated Data Import: Stessa allows users to connect their financial accounts to automatically import transactions and update property financials. The vendor states that Stessa can sync with popular accounting software like QuickBooks and Xero.