Expense tracking, rent rolls, P&L, budgets, and tax exports -- everything a small landlord needs to manage 1 to 20 units. No spreadsheets. No $700/yr software.
Free for up to 3 properties. No credit card required.
The landlord software market has a gap. EquityLedger fills it.
Since the Roofstock acquisition, Stessa has coasted. Mileage, portfolio alerts, and recurring expense automation never shipped. Power users outgrow it and have nowhere to go.
Great for rehab budgeting, but at $700 a year it only makes sense for full-time flippers. If you hold rentals, you are paying for features you never use.
They work for property #1. By property #3 you have formula errors, no rent roll, and your CPA is asking for data you cannot produce.
It's accounting software, not portfolio software. No rent roll, no deal pipeline, no per-property MAO. Hours of chart-of-accounts setup and you still won't have the views landlords actually need.
Built for landlords managing 1 to 20 units. Every feature designed around the workflows that matter at tax time, lease renewal, and monthly close.
Log every expense by property and category. Recurring expense automation. Receipt upload with OCR.
Tenants, leases, units, rent ledger, bulk payments, and lease expiration alerts -- all in one place.
Operating P&L and full lifecycle views. Monthly or yearly periods. CSV export for your CPA.
Set per-category budgets. Track variance with color-coded reports so you catch overruns early.
Stessa-style cash flow reports with category breakdowns, NOI, and mortgage expense netting.
Track every loan, amortization schedule, insurance policy, and BRRRR capital summary.
Log business mileage with IRS standard rate deductions. Per-property breakdown for Schedule E.
Anomaly detection across your portfolio. Underinsured alerts, vacancy warnings, and cash flow checks.
Everything Stessa or QuickBooks gives you -- plus the features no other tool has.
| Feature | Stessa | FlipperForce | Spreadsheets | QuickBooks | EquityLedger |
|---|---|---|---|---|---|
| Expense tracking | Manual | ||||
| Rent roll management | Manual | ||||
| P&L statements | Manual | ||||
| Net Cash Flow report | Manual (per-class setup) | ||||
| Budget vs. actual | Manual | ||||
| Mortgage & amortization | Manual | ||||
| Insurance tracking | Manual | ||||
| CPA tax export (PDF & CSV) | |||||
| Mileage tracking | Manual | QBO Self-Employed only | |||
| Portfolio anomaly alerts | |||||
| Recurring expense automation | |||||
| Stessa CSV import | N/A | ||||
| Free tier | Up to 3 properties | ||||
| Price | $167/yr | $700/yr | Free | $30–90/mo | $39/mo |
Start free. Upgrade when you need more. All paid plans include a 14-day free trial.
Get started with basic property tracking.
Unlimited properties with mileage, smart alerts, and recurring automation.
Let AI handle the tedious work for you.
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“I built EquityLedger because I needed it. I was managing a small rental portfolio with a patchwork of Stessa, FlipperForce, and Google Sheets. When Stessa got acquired and FlipperForce hit $700 a year, I decided to build the tool I actually wanted -- one that tracks expenses, rent, mortgages, insurance, and tax data in a single place without charging enterprise prices. Every feature in EquityLedger exists because I use it to manage my own properties.”
-- Dave, Founder of EquityLedger
Real estate investor and software engineer
Explore a fully loaded demo account with real-looking data -- 4 properties, tenants, leases, expenses, mortgages, and insurance. No signup required.
Email: demo@equityledger.ai
Password: demo1234
Start tracking your portfolio in under 5 minutes. Free for up to 3 properties.
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