Any see this new landa investing app?

[William Compton]

Has anyone had experience with landa? Took a quick look, they let you buy shares in rental properties. It looks like they just started and only have 3 properties posted right now. Interested to see if anyone else has seen this.

[David Luu]

I invested in it, and it was an interesting alternative RE investment platform. But I was only trying it out so only frugally invested $100. But did get paid monthly rent for it. In hindsight, I should have invested more. Since then the company decided to overhaul (and temporarily close) their business and sold off the properties, and investors got a payout from the sale proceeds of the properties they invested. They're planning to relaunch in the future, and I look forward to what they have to offer.

Since Landa's inception, there are other companies offering similar business model of investment. Message me if you wish to inquire for more details as I don't want to be promoting anything here. Just offering information & my life experiences.