Fundrise Review
Purchasing the true estate market might seem like something best left to the pros. All things considered, you've got the stock and bond markets to invest in. That will assist you to keep a diversified portfolio, right? Perhaps not, according to Fundrise.
While traditional investing practices have now been limited to asset classes like public stocks and bonds, Fundrise changes all that. You can now learn how to invest in real estate like the pros. This platform is an option worth considering if you're enthusiastic about creating a diversified investment portfolio.
So, let's find out how Fundrise works, who it's right for, and how to begin investing.
Who is Fundrise?
Fundrise got started in 2012, and they've since become one of the top platforms in the true estate crowdfunding space They could even be the top platform. Through 2022 they've originated over $4 billion in commercial real estate transactions across the U.S.
By January 2022, the total value of real estate investments are at $7.1 billion, and the company has paid an unbelievable $160 million in dividends to over 260,000 investors.
How does Fundrise work?
Once you invest with Fundrise , your funds are allocated across a diversified mixture of Fundrise's offerings, referred to as eREITs and eFunds, both that are professionally managed portfolios of private real estate assets located through the entire United States.
How to stay safe investing with Fundrise
Because of the nature of the investments, Fundrise eREITs and eFunds have a lower correlation to the broader market and could potentially offer greater protection from market volatility.
Fundrise doesn't spend money on just any real estate, either. Their real estate team only goes after high-quality investments that may potentially earn income and safeguard against losses. In order to rest easy knowing your money is going toward sound investments, not the riskier kinds of real estate investment. Fundrise also uses bank-level security to ensure your information is safe while using the platform https://centerforworklife.com/opp/real-estate/fundrise/.
Was Fundrise Involved in a Scandal?
Every fast growing company will handle some sort of headaches with personnel and/or business roadblocks. For the most part, Fundrise has avoided most scrutiny from media and investors.
The greatest negative headline that Fundrise has received was the ousting of their former CFO, Michael McCord, back in 2016. McCord claimed that Fundrise's practices were fraudulent. Fundrise claimed their former CFO was attempting to exhort them for over $1 million plus company stock.
Both SEC and the area police department conducted an extensive investigation to the allegations and were not able to find anything remotely close to what McCord was claiming. That has been several years ago and Fundrise is growing and expand making their investors a good amount of money.
Comments
Post a Comment