Is anyone using Stessa that I keep seeing advertised? Pros-Cons

Investor Mindset
7yFollow

Is anyone using Stessa that I keep seeing advertised? Pros-Cons

Lee Perry
Louisville, KY · Member since 2016 · 41 posts · 11 votes

It says that it's free so I am wondering what the catch is

0Reply
52 views

Most Popular Reply

Connor Heim
College Station, TX · Member since 2016 · 89 posts · 73 votes
7y

@Lee Perry

Ive been using Stessa for a couple if months and i am going to ditch it.

Multiple times it has lost connection to my bank accounts, then when i reconnect, it wipes out all the previously saved data... so i need to go back in and manually assign each expense to a category and property.

I wanted to love it, I really did. But it is creating hours and hours of redundant work for me :(

4Reply
See this reply in the discussion

8 Replies

Jump to latestLatest
  • Hideyuki Gojima
    Rental Property Investor · Long Island City, NY · Member since 2018 · 82 posts · 18 votes
    7y

    @Lee Perry

    I think the free plan is actually free. There is no additional fee or anything as long as you use the regular feature. 

    If you have only a few properties and do not have many transactions, Stessa may be good enough.

    If you have many properties, maybe you should try some other property management softwares or accounting software. 

    0Reply
  • Lee Perry
    OP
    Louisville, KY · Member since 2016 · 41 posts · 11 votes
    7y

    @Hideyuki Gojima I might try it just to see

    0Reply
  • Connor Heim
    College Station, TX · Member since 2016 · 89 posts · 73 votes
    7y

    @Lee Perry

    Ive been using Stessa for a couple if months and i am going to ditch it.

    Multiple times it has lost connection to my bank accounts, then when i reconnect, it wipes out all the previously saved data... so i need to go back in and manually assign each expense to a category and property.

    I wanted to love it, I really did. But it is creating hours and hours of redundant work for me :(

    4Reply
  • Lee Perry
    OP
    Louisville, KY · Member since 2016 · 41 posts · 11 votes
    7y

    @Connor Heim good to know I just created the account last night and I was going to start plugging info in today

    0Reply
  • Connor Heim
    College Station, TX · Member since 2016 · 89 posts · 73 votes
    7y

    @Lee Perry -- I'm sad that it's not working out.... I really wanted to use this but it is too buggy right now.

    0Reply
  • Daniel HymanBusiness Member
    CPA · Milwaukee, WI · Member since 2016 · 2k+ posts · 1k+ votes
    7y

    I have not tried it out, but when I checked into it several months ago, I did not see a feature to generate a balance sheet. That's a very important report for me as an investor and many our clients as well. Hopefully, they will add that feature soon.

    My Online Accountant572 Reviews
    WebsiteView Page
    1Reply
  • Nikhil Pajankar
    Member since 2022 · 6 posts · 0 votes
    4y
    Quote from @Hideyuki Gojima:

    @Lee Perry

    I think the free plan is actually free. There is no additional fee or anything as long as you use the regular feature. 

    If you have only a few properties and do not have many transactions, Stessa may be good enough.

    If you have many properties, maybe you should try some other property management softwares or accounting software. 


     What property management software would you recommend?

    0Reply
  • Nikhil Pajankar
    Member since 2022 · 6 posts · 0 votes
    4y
    Quote from @Connor Heim:

    @Lee Perry -- I'm sad that it's not working out.... I really wanted to use this but it is too buggy right now.


    Hey Connor! Thanks for sharing your experience. What software did you end up using? 

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free