Im looking to diversify my portfolio, currently been researching way at investing in realestate via fundrise. Does anyone have experience with the platform?
Read bad opinions about them and passed on the choice to invest.
I would like to know the specifics of those bad reviews so that I can evaluate if they are true. I have been investing since last year. Not too much - since I am not an accredited investor, I can only invest up to 10% of my income. I've been getting like 8-9% returns. I don't take money out - I use the reinvesting option based on my risk level (just how I would do with my IRA etc. )
I have invested in 5 of their funds (total around 250K). First investment was made couple of years ago. I have been receiving 8-10% annualized in dividends. I am fairly satisfied with the quality of properties they bought in the funds and their investors communications.
A friend did, said he lost money so out
How did he manage to lose money? I am a current investor and not aware of any losses. Perhaps he tried to take his money out shortly after making the investment and paid an early withdrawal fee?