Hi All,
Looking to diversify my investments a bit more in the future. I heard about Fundrise and Roofstock on a podcast and both seem feasible as options (Fundrise if you want to spread your risk over multiple properties, Roofstock if you want to buy individual properties). What I like about Roofstock is that you can buy places in other states and get a list of vetted (I hope) management companies. Does anyone have experience with either service? What has your experience been like? Likes and dislikes?
Should I be considering other options when thinking about investing in real estate?
I know it takes a lot of time to find a good deal and industry experience comes in handy.
Thank you in advance!
Hey TechnoPanther, I'm here because nobody responded to this thread after a few days...maybe one of these resources will help you:
More suggestions...
You're welcome.
I use Concreit as a glorified high yield savings account. Wish the pref was higher than ~5.5% but I've had no issues thus far.
That's pretty interesting. What is the hold period on your money? And how do you file taxes on your gains?
Interesting - I've never heard of Concreit before. It does seem fairly similar to Fundrise. How liquid is your investment?
That return is good for money be saved up for a house but hopefully it can be withdrawn when you need it.
They have a withdrawal program that isn't immediate but it is available. The catch is they take 20% of gains in the event of a liquidation occurring less than a year from initial investment (short-term). Annual fee is 1% of AUM I believe
Eos fugit quisquam asperiores quae nemo aliquid deleniti placeat. Sit vitae adipisci provident sit ex alias.
Consequuntur natus earum iusto quia ipsa esse aut. Quisquam aliquam magni tempora dicta perferendis perspiciatis aut. Eos illo eos ipsum asperiores sit. Molestiae consequatur rerum exercitationem et perferendis sed sunt. Debitis eveniet itaque quia dolores non ab sunt. Minus eum quidem facilis tempora veniam. Asperiores soluta inventore praesentium accusantium accusamus nam incidunt.
Cumque aut rerum non dignissimos ratione sed deleniti. Consequatur totam sunt iusto culpa explicabo deleniti dolor.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...