Stessa vs the competition

[Tarcizio Goncalves]

Hi everyone,

So I just purchased 2 properties and it is part of a portfolio loan. Its 2 properties in 1 single loan. I use Stessa only for the tracking feature (transactions). I have no need for the rent collection or tenant screening as this is a function my property manager does for me.

As I was inputting the properties, I noticed that Stessa does not support Portfolio loans (https://support.stessa.com/en/articles/2423581-mortgages-loa...)

This will become very difficult to keep track going forward. I wanted to reach out and ask what other alternatives to Stessa are out there. Maybe a free option like I have with Stessa now? Just looking for the automated transaction piece so that I don't have to go back to Excel.

Any advice would be extremely appreciated. Thank you

[Greg Soon]

The issue for me is that the Stessa Pro could not automatically categorize transactions. For example, payment from a person should be automatically trigger assignment of a property to it. Some software are using AI to automate but Stessa Pro could not even set rules for assignments. I assume it is trying to force people to use it's pay system. 

At this stage I felt saving time is more important than saving money, without hiring a bookkeeper. So I am looking for options too.