Fundrise.com is a new company and websites that says they are revolutionizing the way
people invest in real estate, by getting rid of the middlemen that charge high fees and reduce your return on investment.
How Does It Work?
According to their website, though most people understand that investing in real estate can be very lucrative, the reality is that this investment opportunity is generally closed off to just a very few investors. The goal of Fundrise.com was to change this.
Their website says that previously, the only way the average person could invest in real estate was through a Real Estate Investment Trust or a similar fund. These funds require your investment to be processed by a variety of middlemen, all of whom take a fee along the way, which eats into your return and ultimately minimizes it. And on top of that, these funds don’t even tell you what properties your money has gone toward investing.
Fundrise.com decided to work with the SEC to change this process and to create a system where investors can invest directly into individual properties online. They have cut out the middlemen, eliminating the majority of fees, and increasing their investors’ returns.
The benefit of this system, beyond greater returns, is that people can invest money in their own local cities and communities, supporting the developers who are working with the people and organizations you know and care about, so you are not only making money, but also making a difference you can see.
Each individual real estate project will have its own published minimum investment. Most projects will require a minimum investment of $5,000, and most notes will be issued in $5,000 increments. That being said, the website does say that some projects will have minimum investments as low as $100, meaning that anyone has the ability to invest in projects on their website – they just have to find the right project for their budget.
As a financial investment company, Fundrise.com does not offer a Refund Policy, which is not uncommon. People who are investing their money in any opportunity must understand that losing your investment is always an option, and they should be prepared for this when they choose the amount they are comfortable with investing.
Customer Service Contact Info
Customers who would like to contact Customer Service with any questions, concerns, or complaints can do so by email at [email protected] or through any of their social network accounts.
There are not many reviews available for this service at this time, and those that are available are provided by major financial publications and websites, not by individual investors who have had personal experience with this company.
Generally speaking, these reviews are very positive and speak highly of the business model and approach to investing that is being taken by Fundrise.com, but as a new model that is still evolving, a few reviews pointed out some issues with using crowdfunding for real estate funding.
The bottom line is that is always up to people to determine what investment opportunities are the best for them.
Competitors and Alternatives?
Fundrise.com is not wrong in saying that there are very few real estate investment opportunities for people who are not approved investors, but there are a few other companies and websites working with a similar model to this company, including RealtyShares, and a few others.
If you have experience with this company or their products, please leave your Fundrise.com reviews below.
1 ‘Fundrise.com’ Review
I invested in this Company and when I tried to get my investment out was told no. Then I was told in email I would have to wait until the end of the month. I waiting until the end of the month and nothing then I emailed again for the 10th time and was told to wait another 30 days. Something isn't right, why is Mddoff coming to mind hum....