I'm relatively new to the investments world and while I do have money to play with, I'm not in a position to buy real estate. I have a fully vested 401k, I make pretty good money, etc.

My question is - is Fundrise is a good tool? Are there better ones? What are the pros and cons? Does anyone have direct experience with Fundrise?

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Posted by wasteland

City of peace

Member since Apr 2011

5600 posts

Posted on 8/24/18 at 5:58 pm to HoneyBadger5

This is the first I've heard of the site. At first glance it looks like non-traded REITS. You don't have to pay 1% annually to invest in those.

Pretty cool site though

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Posted by Weagle25

THE Football State.

Member since Oct 2011

46188 posts

Posted on 8/24/18 at 11:21 pm to HoneyBadger5

I’ve been looking at it sort of casually and thinking about it.

I think I first saw it as a Facebook ad though which just ups my skepticism

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Posted by HoneyBadger5

Member since Apr 2018

20 posts

Posted on 8/27/18 at 8:10 am to Weagle25

Yeah. Their marketing is solid...but, I don't know anyone in real life who is using them. Anyone else?

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Posted by BoatSchoolTiger

Houston, TX

Member since May 2013

659 posts

Posted on 8/27/18 at 9:27 am to HoneyBadger5

I have been using them for a couple years now. I am getting a ROI of about 7%, obviously not the greatest out there, but this is also just a small investment to see how it did.

When I first signed up they did not have the option to reinvest quarterly distribution so it is nice to get a random deposit every quarter. They now have it to reinvest your quarterly distribution, I just have not done it.

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