We started Stessa just over four years ago with a big vision to streamline the entire real estate ownership lifecycle with technology. Tens of thousands of investors now use Stessa…
Blog
Tips, tools, and news for rental investors.
Introduction to investing in the ‘missing middle’ and workforce housing
Over the last several years investment in the multifamily housing sector has been increasing. In its 2019 Apartment Housing Outlook publication, the National Apartment Association reports that over 40% of…
The 2021 landlord insurance guide you can’t afford to miss
The surest way to derail any real estate business is a failure to protect yourself and your assets. Insurance isn’t the most exciting topic, but if you don’t properly cover…
The 3 types and uses of cost basis for rental property
Some real estate investors mistakenly believe that the “cost basis” of property is its purchase price. However, cost basis isn’t as clear cut as it might seem. Understanding the difference…
Can landlords use FreshBooks for their rental properties?
Real estate investors use rental property accounting software to keep track of income and expenses, claim every possible tax deduction, and monitor property financial performance. Some investors use a basic…
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Rental property chart of accounts (free template & resources)
Having a rental property chart of accounts is a key component of managing the financial performance of any real estate investment and making better investment decisions. The general concepts for…
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A simple guide to getting a HELOC on a rental property
The real estate market is extremely competitive today, and good deals can be harder to find. When the right opportunity comes along, the last thing many investors want is to…
35% of sellers said WFH was the reason they sold
New Zumper data shows that similar to housing prices, rents continue to rise with no signs of slowing. Median one-bedroom rent now sits at $1,352, and $1,663 for two-bedrooms. Source: Zumper…
U.S. cities with the largest growth in high-paying jobs
One of the COVID-19 pandemic’s most significant long-term effects on the economy could be rising wages. With widespread shortages in the labor market reported this summer, many employers—particularly those with…
Should I pay off my rental property? Learn the pros & cons
Paying off a rental property is a much more complicated question than it might seem. On the one hand, cash flow will increase and worries may decrease. But on the…
Security deposit accounting for property owners [2021]
Landlords require security deposits from tenants to help ensure the rent will be paid on time and the other terms and conditions of the lease will be met. But tenants…
6 key steps to effectively managing your rental properties
After closing the deal on a rental property, one of the biggest decisions an investor has to make is how to manage the property. While some owners choose to completely…
