Fundrise Review (Google, Reddit, BBB)

In the past decade, crowdfunding has exploded into a $23 billion industry. While there are some scams and bad actors in this space, it’s also an opportunity for investors to put their money down on something they believe in. Fundrise is one of these companies that promises returns based on what people invest in – whether it be real estate or tech startups – but how does its platform stack up?

Fundrise is a crowdfunding platform that has been around for about 4 years. It’s not the most popular, but it does have a good reputation. The company has received an A+ rating from the Better Business Bureau and a B- on Reddit.

Fundrise Review (Google, Reddit, BBB)

Fundrise.com

“With Fundrise, the same sort of real estate investments that have fueled the world’s strongest portfolios for decades are now accessible to you,” says a YouTube commercial for Fundrise. From properties that provide revenue now to projects that will appreciate in value in the future. Real estate investment power is now in the palm of your hand. Join the community of over 150,000 investors who are using Fundrise to improve their portfolio.” Fundrise reviews, FAQs, and answers may be found further down the page.

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“To help smart investors invest intelligently,” Fundrise was founded. You may invest in a wide portfolio of high-quality real estate via the organization. Fundrise claims to be able to lower expenses and maximize your return on investment over time by using cutting-edge technology and a dedicated team of in-house professionals. Ordinary individuals may now invest in real estate like pros.

You must be at least 18 years old and a citizen of (and currently residing in) the United States to invest with Fundrise. You don’t have to be an accredited investor to participate. Fundrise charges a 0.15 percent yearly investment advice fee. Assume you made a $10,000 investment. Your advice fee would be $15 per year. The funds in their basic portfolios, on the other hand, incur an annual asset management charge of 0.85 percent. So, for every $10,000 invested, you’ll earn $85 every year.

Fundrise is a long-term solution, not a quick fix. Plan to keep your money in their hands for at least five years. They do not advocate using them if you are unwilling to play the long game. Real estate is one of the finest ways to put your money to work for you in the long run, but timing is crucial. There’s no way around it. If you invest and need to cash out early, you can probably do so for a price (but it’s not guaranteed).

Fundrise Opportunity Fund

What are people saying about Fundrise who have already invested? “I have been a customer since 2018 and have received dividends each quarter like clockwork,” Alan B., who posted a five-star rating on their Better Business Bureau site, stated. Fundrise performs an excellent job of keeping you up to speed on different initiatives, and they are quite picky about the investments they pursue on your behalf. The iPhone App is also fantastic in terms of its ease of use.”

They were not well received by a Reddit member. “After three years, I withdrew.” Due to the 3% penalty, my original $6k ballooned to $7,384, therefore I expected at least $7k. “However, they only handed me $4,461,” they stated. “What the hell is going on with Fundrise creeps?”

The primary criticism, according to Google reviews, was the difficulty of getting your money out. Nick Lopez commented, “Don’t spend your time with this.” “Nice idea, but badly implemented.” I tried many times to request a withdrawal, but they kept telling me that I couldn’t. After a total of six months of waiting, I received my money back. To withdraw my money, I had to escalate to customer support many times. Like a car salesperson, every agent continued attempting to persuade me to leave my money where it was.”

“I have been investing with Fundrise for 18 months and have generated profits considerably beyond my prior investments,” said Ken Perry, another Google reviewer (stock dividends). They are excellent at keeping you up to date on the transactions in which you have invested.”

Overall, Fundrise seems to be a straightforward, low-fee, low-risk solution for the little man to invest in real estate, as long as you have the correct mentality going in. Fundrise makes it quite clear on their website that it is not for anyone trying to make a fast profit.

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Fundrise-Review-Google-Reddit-BBB Katie Smith: Watch this brief video if you want someone who will tell it like it is, respect your time, and show you a company that could really work for you.

The “fundrise reddit 2022” is a review of the company. The company has been around for a while and has over $1 billion in assets under management. It also has an A+ rating on BBB, Google, and Reddit.