At this point, we need a new link/tab on the right just for reports. The link we have now is nice and useful but there are so many more reports that are needed to help with tracking a portfolio. Here are some examples but I am sure there are more. Occupancy rate over time (right now can only see current rate), Rental Income per property over time as a line graph, reports by vendor expenses, various balance sheets that can compare side by side items, ect… Other software on the market has much more in-depth and better reporting than Stessa and displayed without downloading a file. This is an area that Stessa could really shine in more. Overall, great product though!
Would also love to see a chart of NAV through time at the portfolio and property level
That would be good 2!
We’re considering adding a balance sheet report to Stessa, as requested above. The tricky part is that “balance sheet” often means different things to different investors. What exactly would you expect to see on a balance sheet for your properties in Stessa?
The things that I would want to see are what a lender or bank would look at.
Assets- property, land, improvements, bank accounts, accounts receivable.
Liabilities- loans ( short and long), accounts payable
Equity- contributions ( initial capital invested in deal)
Also the types of reports for tax purposes.
@jginvestments47201 @buealgeorge @freedomrentalhomes @cvilburn.re
I’m happy to “report” that there’s now a balance sheet available in Stessa under the “Reports” button on the Transactions page. The brand new Balance Sheet report allows you to quickly see bank, escrow, security deposit and other important account balances at a glance. It also shows market values and loan balances across your portfolio. Give it a try!
Note that the Balance Sheet report does not yet incorporate outstanding tenant balances or equity contributions. These may be supported in the future. If there are other improvements you’d like to see made to the Balance Sheet, please reply below.