Discover Alternatives to Fundrise in 2023: Your Gateway to Real Estate Investment!

Let’s explore Fundrise and some of its best alternative platforms you can consider for real estate investment in 2023. This will simplify the process of choosing where to put your money.

**Fundrise** is a user-friendly online crowdfunding platform for real estate. Based in Washington, DC, it boasts over 1.9 million active investors. Brothers, Dan and Ben Miller, launched the platform in 2010. Today, Fundrise stands as the most accessible investment option in the U.S., requiring only a minimum investment of $10, making it attractive to both accredited and non-accredited investors. They have more than $7 billion in investments spread across various projects. Funfact, Fundrise was the first to make real estate investing possible for just about any investor via crowdfunding.

If you are a beginner, Fundrise guides you through various investment strategies catered to your needs. You can opt for safer options that generate passive income sooner or more growth-focused strategies. If you have experience already, you can select your portfolio handpicked through Fundrise Pro, costing only $10/month.

So now, let’s check out the top five alternatives to Fundrise:

1. **CrowdStreet** is exceptional for its profitable commercial real estate projects. However, the downside is that it is only available to accredited investors and requires a higher minimum investment of $25,000. Overall, its investments have an excellent track record of return rates between 17%-18.1%.

2. **RealtyMogul** is ideal if you’re a non-accredited investor. It allows you to focus on profitable commercial properties just like CrowdStreet. With a smaller minimum investment of $5,000, you can opt for income-focused or growth-focused REITs according to your liking.

3. **DiversyFund** is brilliant if you’re looking for flexibility. The minimum investment is $500, manageable for many investors. It offers a mobile app from which you can monitor your investments and adjust your preferences. Just remember, the investment horizon averages 5-7 years, so be sure to factor this timing into your decision.

4. **First National Realty Partners** offers a unique choice in grocery-anchored shopping centers. It’s for accredited investors only, with a high minimum investment of $50,000. Despite this, it’s had an impressive track record and offers a good selection of properties.

5. **EquityMultiple** helps you invest mainly in multi-family assets. It’s based in New York and yields an average 17% return across all offerings. There are two investment paths: EquityMultiple Earn for higher immediate income, and EquityMultiple Grow, tilting towards long-term growth.

Remember, Fundrise and other crowd-funding platforms are longer-term investment strategies. You’ll need to hold onto your investment for some years, and withdrawing early can be tricky. Think of it as a marathon, not a sprint!

And finally, is Fundrise a good investment in 2023? Absolutely! It brings an excellent opportunity for real estate investment with consistent and strong annual returns. It’s especially appealing if you can commit for the longer term.