Fundrise?
Has anyone else joined Fundrise, or any of the other Kickstarter-like RE sites?
If so, have you had any success raising or making money?
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Real Estate Agent Massachusetts (#009532321)
- M and A Investing
Hi all- any updates or new thoughts about Fundrise as we move in 2023?
I'm considering moving forward with them and also looking into L5 Investments https://www.l5invest.com/. Have about $25k to invest into syndications as an unaccredited investor. Thanks.
We are in the early innings of real estate investing becoming completely democratized.
Similar to fundrise, there are platforms that give you all the benefits of real estate, including tax benefits.
There is no one size fits all approach, so invest across a number of the platforms and find the one that works for you.
Other competitors are roofstock, mogul.ooo, arrived homes and more!
I personally would recommend mogul.ooo, but then again, I might be a little biased.
Quote from @Alex Blackwood:The original post was from 9 years ago. I had never even heard of Fundrise or Roofstock back then but I wasn't a real estate investor then. I'm also considering buying from Fundrise. I'm buying a few REITs targeting different types of real estate, retail (Realty Income: O) and apartment communities (Avalon Bay: AVB) (my reasoning being that a lot of people are renting, especially California where home prices are very high) and maybe Public Storage.
We are in the early innings of real estate investing becoming completely democratized.
Similar to fundrise, there are platforms that give you all the benefits of real estate, including tax benefits.
There is no one size fits all approach, so invest across a number of the platforms and find the one that works for you.
Other competitors are roofstock, mogul.ooo, arrived homes and more!
I personally would recommend mogul.ooo, but then again, I might be a little biased.
What other platforms give tax benefits like real estate?
I've been with Fundrise for 4 years, set up auto-reinvestment, and have had about 52% ROI. You're getting great returns without the headaches of hands-on property management. I definitely recommend it.
Yeah I have also been using Fundrise for a while and really love the product