Determining the Champion: DiversyFund or Fundrise, Who Leads the Real Estate Crowdfunding Arena?
Thinking about diving into real estate crowdfunding? Wondering which platform is best for you between DiversyFund and Fundrise? Let’s break it down side by side to help you decide.
Real estate investing has long been a great way to grow wealth. But maintaining a property can be a big hassle. That’s why platforms like DiversyFund, Fundrise, and RealtyMogul have grown popular lately. These services make it easy to earn money and build equity without dealing with the downside of being a landlord.
But with so many platforms out there, picking the right one to fit your needs can be tricky. Two user-friendly options are Fundrise and DiversyFund. Fundrise has been around longer, and many investors swear by it. DiversyFund, on the other hand, is catching up fast.
I’m going to compare these two platforms to help you make an educated decision:
– When it comes to diversity, Fundrise edges out DiversyFund. It has a larger portfolio with more property types and locations. DiversyFund has fewer properties, mostly focused on particular locations.
– While both platforms welcome all investors (not just the pros), Fundrise is a little friendlier to beginners. You can start investing with just $10 (they’ve even got a $10 bonus on offer right now). DiversyFund, driven by a focus on co-owning larger properties, asks for a minimum of $500.
– Another difference is that Fundrise gives you various strategies to choose based on your goals. With DiversyFund, everyone gets the same portfolio.
DiversyFund primarily focuses on apartment complexes with 100+ units. They aim to flip underperforming properties into cash-generating rentals. To begin investing, you’ll need an email address, your personal information, and at least $500.
Fundrise, on the other hand, opens doors to a wide variety of real-estate types and even offers different account tiers depending on your level of investment. Getting started is simple; provide your personal information and valid email address, set your investment goals, and you’re good to go.
The major difference in functionality is how you access your money. With Fundrise, you have an option to make early withdrawals, albeit with some conditions. DiversyFund doesn’t allow early withdrawals: once you’re in, you’re in until the property has been fully developed and sold.
When it comes to getting a return on your investment, Fundrise has a proven track record with returns between 1.5% to 22.99% in the past five years. Although DiversyFund has potential, it’s still too new to fully compare returns.
In conclusion, if you’re the type who wants a hands-on approach to your investment with the flexibility of withdrawals, then Fundrise might work best for you. If, on the other hand, you are okay with parking your money and patiently waiting for it to potentially grow larger, DiversyFund could be a good bet.
Remember, investing always comes with risks, so be conscious of that before choosing amongst these platforms or any other real estate crowdfunding services. Feel free to check out more about other Fundrise alternatives here.
Note that as an affiliate of Fundrise, we may receive a commission if you decide to invest with Fundrise through one of our links.