Heath Silverman

Entrepreneur

Stessa gives the millions of real estate investors with single-family rentals and multifamily buildings a powerful new way to track, manage, and communicate the performance of their real estate assets. Property owners can now see all their key metrics in one place with a visual dashboard, automate their income and expense tracking, and save time with tax-ready financial reports. And best of all, Stessa is FREE for individual investors!

Get started at www.stessa.com

I love building products and solving hard problems.

Wyze, Peerstreet, and Stessa of course. :)

Most frustrating: the extreme highs and the lows of the day-to-day...although the rollercoaster is also what makes it all so invigorating.

Most rewarding: achieving product / market fit and getting lots of customer love.

Lack of focus - trying to do too much.

1. Value your time appropriately.
2. Surround yourself with great talent.
3. Set regular, clear and measurable goals.

Bonus: Trust your instincts.

My co-founder Jonah Schwartz and I didn’t start off knowing we would be doing a real estate technology company. Rather we started off contemplating a number of big ideas around the future of work,... yet we kept on getting distracted by our real estate portfolio. To get some immediate gratification, we did a deep dive into one of our multifamily properties that had been on autopilot for a couple years and ended up nearly doubling the value of the building.

We were shocked by how much value we were able to create in such a short amount of time and came away with three big takeaways:

1) As real estate investors, we should be applying these learnings to our entire portfolio.​
2) As product people, we could build software to automate nearly everything we just did.
3) As entrepreneurs, there was a huge opportunity in the space to build a company around a technology solution that we could make available to the millions of investors like us who today use little more than a spreadsheet to manage their portfolios.

Stessa is 'assets' backwards.

Early on, we also had this concept of a real estate chatbot that could provide real-time insights about investment properties. ‘Stessa’ sounded like a nice person with whom I might enjoy discussing my properties. Who knows, we may have that chatbot in the future...

Heath Silverman is Stessa’s co-founder and Chief Executive Officer. After nearly 20 years as a part-time real estate investor with a full-time job in the technology industry, Heath was inspired to build a scalable technology solution to streamline the entire real estate ownership lifecycle.  

Prior to Stessa, Heath was Vice President, Worldwide Business Development and Marketing at Edmodo, the leading global education network. A seasoned technology entrepreneur and executive, he has extensive background in developing and executing multinational strategies and formerly held positions in product, sales, and marketing across Amazon, Intel, and a number of technology startups.

Heath received a BA in Cognitive Science from UC Berkeley and an MBA with High Distinction from the University of Michigan, Ross School of Business where he was recognized as Entrepreneur of the Year.