Stessa Review – Pros And Cons: How To Manage Rental Assets

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Stessa is a cloud based Rental Asset Management software. One of the biggest mistakes landlords make; is not running their rental properties as a business.

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Stessa is used for tracking the time and expenses over the course of property ownership. But it is more important to see how your rental properties are performing.

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Stessa Review: Pros

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Makes tax time a breeze by having all my financial transactions categorized neatly.

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Real estate-related income and expense categories are built directly into the transactions ledger, as is quick reporting to help you (or your CPA) prepare Schedule E and Form 8825 tax forms.

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Stessa Review: Cons

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Stessa does not have tools yet to manage tenants. It would be great if it could also be used for tenant screening, rent collection along with sending automated reminders.

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Stessa Review – Pros And Cons: How To Manage Rental Assets

Stessa is a cloud based Rental Asset Management software. One of the biggest mistakes landlords make; is not running their rental properties as a business.

Stessa is used for tracking the time and expenses over the course of property ownership. But it is more important to see how your rental properties are performing.

Stessa Review: Pros

This software is useful for running rentals as a business. Key real estate metrics like net cash flow, appreciation, and valuations are standard components of the dashboard.

Makes tax time a breeze by having all my financial transactions categorized neatly.

Real estate-related income and expense categories are built directly into the transactions ledger, as is quick reporting to help you (or your CPA) prepare Schedule E and Form 8825 tax forms.

Stessa Review: Cons

Stessa currently does not automatically split the monthly mortgage payment between principal, interest, escrow.

Stessa does not have tools yet to manage tenants. It would be great if it could also be used for tenant screening, rent collection along with sending automated reminders.

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Swipe Up for more about Stessa Review – Pros And Cons: How To Manage Rental Assets

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