Overview
Stessa uses a few key terms that are important for navigating and managing your account effectively.
Common Terms Defined
Dashboard: Your personalized home screen that shows portfolio and property insights and key numbers like Net Cash Flow, Net Worth, and Cash-on-Cash Return.
Portfolio: A collection of one or more properties. Useful for grouping properties by location, ownership, or strategy.
Property: An individual real estate asset that you manage in your Stessa account.
Connected Accounts: Linked financial accounts (e.g., checking, savings, credit card, mortgage, property management) used to automatically import transactions.
Transactions: Recorded financial activity that powers your reports and dashboards. Transactions can be:
Imported automatically from a connected bank account
Entered manually
Uploaded with a CSV file
Cash Management Account: A bank account offered through Stessa that you can use to manage money for your rental property. It’s fully integrated with Stessa, making it easy to track finances and collect rent directly through the platform.
Example
Let’s say you own 3 duplexes in Chicago. You can create a portfolio called “Chicago Rentals” and add each duplex as a separate property. If you link your bank account as a connected account, Stessa will automatically pull in your data and update your transactions.