Groundfloor app investing?

[James Hamilton]

Any REIs have experience with Groundfloor investing? Thoughts?

[Taylor L.]

I've done a bit, it's hit or miss. The communication leaves something to be desired. Really it's just been a distraction from my primary investing strategy so I stopped at a fairly small amount.

[Chris Seveney]

@James Hamilton

Communication is by far the most important thing. Not going to comment on ground floor as I don’t invest in those types of Platforms but invest in other funds and if they don’t return a call or email in 2 days it’s a hard pass

[Lynn Harvey]

I have a little invested from my personal account and from my RE LLC. I'm getting discouraged. So many borrowers are defaulting. I was netting a 10% return and that has dropped considerably due to foreclosures and extensions. I only have a couple thousand invested so it won't kill me to lose it. I like that you can invest as little as $10 at a time.