Fundrise Review

Is Fundrise a Scam? Earn Quick With Just a $500 Investment!

Your friend might want to know about this:

Are you interested in getting yourself actively involved in the real estate business without shelling out enormous amounts of money? 

I got you covered because I will let you in on one of the top-performing online platforms in today’s post and answer the question, is Fundrise a scam or a legitimate way to take a dip into the crowdfunding scene?

I have always believed that technology has granted us massive opportunities to direct and increase cash flow. 

If you have been following this site, you must know that I have spent time reviewing some of the biggest names in the industry like Cafepress and ZazzleBank Roll BucksLionbridge, and Fortune Builders, to name a few.

You see, the internet is robust to the point that it allows us to accomplish even the most challenging tasks online, like buying novelty items from another side of the world and having them shipped in a matter of days right into your doorstep. 

easily the best way to make money online!

best way to make money online

The updates and innovations are just accelerating at a breathtaking pace to the point that it is becoming a constant thing in our lives.

Additionally, the internet has allowed us to create more income streams – from jumping into a new career through freelancing, setting up your own business (through selling real stuff and digital consumables), or even trying out the stock market despite not being a professional! 

In this sense, it has opened doors and allowed millions of us to achieve the financial freedom we have all hoped for finally. And speaking of economic freedom, have you checked your finances as of today? 

 

And I don’t mean thinking about them just on top of your head! 🙂

What I’m asking you is if you actually spent some time checking your financial health. If you haven’t, then I invite you to take a few minutes to write down and answer the following:

•  What exactly are your net monthly income and the number of months you receive it in a year? (This is crucial especially for part-time or contract-based employees)

•  Now identify how much precisely you are allocating for your savings, loan payments, unpaid credit card balance, car and gas, household expenses, and periodic expenses (like vacation and recreation)

 

How does it look? 😁

Do you still have excess cash by the end of the month? 💸

 

Hopefully, you have, but I cannot really blame you if you don’t because all of us have different ways in life – some may have to spend for their family or even their siblings’ education. 

However, if you genuinely want to create a more secure future, I highly suggest that you also dig deep into your assets. At this point, add to our list above the assets and the worth of each. It may include:

  1. Cars
  2. Cash / Emergency fund
  3. Appliances
  4. Jewelry
  5. Real estate properties
  6. Mutual funds
  7. UITFs
  8. VULs
  9. Bonds
  10. Stocks
  11. Insurance
  12. Business

If you have at least six assets from the above, I’d like to congratulate you on being mindful of your finances. 

You see, I’ve been fortunate enough to connect with people from all walks of life, which is why I know for a fact that some of them only have around one to two assets (usually cash and car). 

But here’s the thing: cash is king, but a car is a different thing! It depreciates in value, meaning that you’ll need a more reliable asset such as real estate. 

 

And perhaps, this is the reason why you landed on this page. ✅

You probably want to know if there is a way to try out real estate without taking all the vast risks of buying a property. 

If I guessed correctly, allow me to present my Fundrise review to you and answer whether it’s a sound investment or a complete waste of time and money. 

 

Hang on tight as we get started! 🚀

 

Fundrise Review

The brand name itself already shows a very positive sentiment. 

From the combination of the words fund and rise, the company works in a way where it invites thousands to join and fund a crowdfunding venture with the hopes of creating significant capital! Yep, you heard it right! If you are still unsure, what crowdfunding is, check out this video

As you can see from the video, real estate proves to be one of the best ways to protect and grow your wealth if you do not want to meddle with the exhilarating rollercoaster ride given by the stock market.

Back in the day, only the wealthy could take turns in building massive apartment buildings and commercial spaces since creating one from the ground up required colossal capital.

Fundrise review Fortunately, today, companies like Fundrise have discovered crowdfunding, where people from all walks of life can chip in a comfortable amount and get returns based on their investment size. 📈💰

 

So in here, you can expect to buy into private commercial and residential properties owned by thousands of other investors from across the world!

Technically, Fundrise is an online real estate company that features REITs or real estate investment trusts where you get to invest in income-generating assets like buildings.

You can also try out their eFunds, where the pooled funds of investors are used to buy and develop land to create a residential space and sell the houses to various buyers.

As of writing, they have acquired over 200 assets worth more than $4.7 billion on behalf of the Fundrise investors alone! 

Due to this, they have been considered the first-ever US-based company to crowdfund investment into the real estate market successfully. 

The power duo behind the company’s success is the founders, Daniel Miller and Benjamin Miller, who have bridged the gap between eager investors and companies since 2010.

In terms of legitimacy, you might find comfort in knowing that the company has received numerous awards, such as being part of Washington Post’s 2018 top workplacesthe fastest-growing company in 2018 according to Inc, leading fintech in 201520162018, and 2019 according to Forbes. 

It has also been featured in the New York TimesWall Street Journal, and Bloomberg. In BBB, it has a rating of A- and around 3.59 stars out of the 73 customer reviews. Upon checking the complaints, we note that most are about people asking to get their money back from the platform. 

Is Fundrise a scamIn defense of the company, Fundrise stated that this is for long-term investments, so I totally understand how hard it is for them to sell the properties given the current state of the world. 🌎

 

In fact, in 2020, they have frozen all types of liquidation requests. 🥶

It also has a 3.3 rating on Trustpilot, and most of the comments are about praises to the company on how innovative and easy to use the platform is. 

I also found some of their social media profiles which boast around 89k followers on Facebook, 30.1k on Instagram, and 13.4k on Twitter.

Those metrics are positive since it means that the company has attracted thousands of people into the concept of investing in real estate. 

While they may not all be members of the site, it shows us that people are very much willing to learn more about this company and see how each of their projects plays out.

 

How Does Fundrise Work?

The best thing about technology is that everything is much more uncomplicated! Long gone are the days when you had to go to the office and sign numerous papers. 

Today, all you have to do is head over to their site and choose the type of account level you are most comfortable with. Please note that even if your start with the lowest-priced one, you can always upgrade anytime.

Basically, the account levels are the Basic (minimum is at $500), Core (minimum is at $1000), Advanced (minimum is at $10k), and Premium (minimum is at 100k).

Depending on the account levels you will choose, you also need to specify the exact plan for your investment. 

 

This is divided into three more types of plans: 👇

Supplemental Income focuses more on dividends. Balanced deals with a blended portfolio of dividends, appreciation, total return, and the growth-oriented Long-Term Growth.

Once you have chosen your plan, you can start creating your account with them and top-up your account via direct bank transfer, PayPal, or online banking.

If you ask me, I highly suggest starting up with the basic plan worth $500 instead of going all out with a thousand dollars.

You see, if you like the platform, you can easily upgrade for free once you reach the 1k threshold for the core plan, allowing you to build up your finances too slowly!

 

Is Fundrise Worth It?

Fundrise offers several features which make it one of the best platforms for diversifying your investments. So long as you are willing to do your due diligence and review the assets, I think it is worth it for the following reasons I’m about to speak of. 

Contrary to common belief, you do not have to spend a considerable sum of money to get your hands into the real estate business. With the help of Fundrise, you can start your journey at around $500 and top-up anytime!

Unlike traditional real estate ventures, you do not need to be certified or have financial backing from other credible institutions. Additionally, you can upgrade your account plan anytime without all the hassle!

The website is easy to navigate. It offers all the information about your investments, how your properties look, and the latest developments on all of your earnings, properties, and upcoming properties.

Is Fundrise Worth It It is beefed up with many advanced features such as redemption and investment plans tailored to fit how the company understands your risk appetite. ⭐

 

You can quickly redeem your profits and capital after five years without paying any additional taxes!

Depending on the type of account and property you have invested, you can get quarterly dividends from rental income and the proceeds from appreciation once a property is.

The company is worth the try because it is regulated by SEC and has very minimal management fees compared to banks.

 

Is Fundrise A Good Investment?

By all means, all of us are looking for ways to beat inflation. To do this, you can simply make money work for you by investing in credible vehicles such as stocks, unit investment trust funds, or even through Fundraise. 

It allows you to get yourself acquainted with private real estate projects all over the United States and enables your money (no matter what the amount is) to work for you.

 

Nonetheless, there’s more to it. 🔽

Before you head over to their site, please know that Fundrise is a long-term type of investment, which means that to experience and see the potential of your investment fully, you must stay invested for at least five years or more. 

In this sense, I highly recommend that you only top-up amounts that you do not see yourself using in the coming years.

If you are really keen on creating more income from this, I suggest you consider cost averaging, where you will discipline yourself and top up with a fixed amount regularly every month. 

Through this, you will be surprised at how easy it is to unlock extra features as you get your plans upgraded for free! While it sounds like an excellent investment, allow me to mention here a few drawbacks: 

Unlike other vehicles such as stocks or forex, real estate lacks liquidity in the sense that you cannot really sell all your shares of a property in such a short time.

The projected rates per project may change depending on unforeseen events (such as what happened during the pandemic), and your funds will be locked in for five years. 

Since the company dwells with privately listed REITs, there is a possibility that there will be no buyers for investors who suddenly change their minds and want to sell shares. 

This is very different in terms of the stock market, where you can quickly sell your positions and wait for a price match.

 

Is Fundrise a Scam?

Overall, I think Fundrise is not a scam, and it is perfect for everyday people like you and me who are not comfortable coughing up lumps of cash out of thin air.

For as low as $500, you can see all the available properties and see how much are the projected return of investments after five years. Add to that is the fact that it does not have a middle-man which already saves us on cost.

At the end of the day, though, no one really knows how the real estate field will develop in the coming years, so with this being said, we have no way of ensuring their future returns and performance.

Just to share with you, I actually invested in an agriculture business in Asia that is similar to this. It was profitable, but then typhoons happened, so the crops had to be replanted, which delayed our payouts.

I am not sharing this to scare you but to give you a fair warning. 😊

 

Want Something More Guaranteed?

Perhaps by now, you are wondering if there are any other legitimate ways and opportunities to earn online, where the profit may be a bit more guaranteed than what Fundrise has to offer.

Well, put aside your worries because I might just have the best investment alternative lined up for you.

It has been a heaven-sent opportunity for me and has unquestionably changed my life for the better by helping me transition from a full-time office employee to a twenty-four-hour-a-day work-at-home executive.

While I’m still considered an “office” employee, nowadays, I get to pick and choose where I want my bureau to be, allowing me to travel the world and experience life a lot differently than I did a few years ago.

Although the opportunity I’m about to speak of was heavenly-sent, it still requires a lot of attention and a bit of elbow grease, and only then will you be able to rip the benefits that come with it.

Fundrise Alternative To better understand how I make a living online, and better yet, how you can too, I suggest you look at my money guide as it explains everything you’ve always wanted to know about making money online. ㊙️

 

It outlines the exact step-by-step process of how I was able to create my first source of passive income at such an early age, and although it may sound cliche, I had no prior knowledge or experience.

The business model I’m dealing with is widely recognized as affiliate marketing, and it’s undoubtedly one of the best routes to take as a beginner in the work-at-home sphere.

I’m not saying that it’s %100 suitable for you, but that’s why I created my FREE money guide, so you can better grasp what I’m referring to and, at the same time, discover how you too can follow in my footsteps.

Thanks to affiliate marketing, I no longer need to wake up at 6 am to rush and ride the train with thousands of others who are in the same endless, self-defeating, pointless pursuit for time and money.

Today, I simply have to open my laptop, finish my daily tasks, and let the money roll into my account. It’s easier said than done, but you be the judge of that.

It’s time for me to end this Fundrise review, so if you happen to have any inquiries, feel free to leave a comment below, and as always, I promise to give my best to reply to it promptly.

As I wrap this up, I hope I was able to answer the question of whether or not Fundrise is a scam, and just in case you enjoy this post, I would very much appreciate it if you would be kind enough to share it on some of your social media accounts.

 

At the end of the day, who knows? Some of your friends might just be as interested in escaping the nine-to-five as you are. 👋

 

Your friend might want to know about this:

8 Comments

  1. Kavitha September 21, 2021
    • Gorjan September 27, 2021
  2. Dereck September 21, 2021
    • Gorjan September 27, 2021
  3. Rowan McLeod September 20, 2021
    • Gorjan September 27, 2021
  4. Nina September 20, 2021
    • Gorjan September 27, 2021

Leave a Reply

DISCOVER: The Best Way to Make Money Online!

Best Ways to Make Money Online

You too can make money online.

Everything you've always wanted to know about making money online is right here in this guide

No thanks, I'm good.
deefunnels.com