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Updated over 3 years ago on . Most recent reply

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Matt Altrich
  • Rental Property Investor
  • Lenexa, KS
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Fundrise vs Realty Mogul Crowdfunding

Matt Altrich
  • Rental Property Investor
  • Lenexa, KS
Posted

Does anyone have experience with Fundrise or Realty Mogul?  If so, please share your experience.  I've noticed the fees are comparable to a brokerage account.  

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Ian Ippolito
  • Investor
  • Tampa, FL
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Ian Ippolito
  • Investor
  • Tampa, FL
Replied

I've interviewed hundreds of investors who have used those platforms and can share with you the most commonly reported differences and problems/issues with each.

However, before I do, I would recommend first taking a step back to see if you are an accredited investor or not? Because if you are accredited, neither of those platforms compares favorably to numerous other options where the sponsors have far more experience, put substantially more of their money at risk into the deal with true skin in the game, have substantially lower fees, etc.

If you are non-accredited, then your options are a lot more limited and they start to look a lot more competitive (although even in this case, there are a few other options that might possibly be a better fit, depending on what you are looking for).

  • Ian Ippolito
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The Real Estate Crowdfunding Review

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