Stessa: Smart Rental Manager
Is Stessa really free to use for managing rental properties?
Yes, Stessa's core features for tracking income, expenses, and generating reports are completely free forever with no property limits. The company offers optional paid services like LLC setup or insurance, but these are separate and not required for basic property financial management.
How does Stessa help with tracking expenses and receipts?
Stessa automatically imports and categorizes transactions from linked bank accounts, saving manual entry. You can also use the built-in receipt scanner to take a photo of paper invoices or receipts and tag them directly to the corresponding expense in the app.
What should I do if a transaction is categorized incorrectly?
You can easily recategorize any transaction manually within the app. The review notes the auto-categorization is about 90% accurate, so a quick weekly check during categorization is recommended to fix any mistakes in seconds.
Can I use Stessa to track maintenance requests or issues from tenants?
While not a full communication hub, Stessa allows you to log maintenance tasks and property-specific notes directly from your phone. This acts as a helpful digital notepad to ensure you don't forget about reported issues.
How does Stessa compare to other property management apps that charge monthly fees?
Unlike many competitors that charge $15-30 per month per property, Stessa provides robust core financial tracking features for free. Users report it performs the essential tasks of income/expense tracking and reporting just as well as these paid alternatives.
