Discover the Power of Fundrise: Achieve Effortless Earnings through Commercial Real Estate Investments
Check out Fundrise, a user-friendly platform for dabbling in real estate investments. It was established in 2012 and now boasts over 1.9 million active investors. It gives you the perks of owning real estate but without the hassle of maintenance or being a landlord.
The best part? You can start with just $10! Plus, you get a $10 bonus on your first investment.
Fundrise offers a vast array of commercial and residential real estate investments, with more than 294 ongoing projects and over 141 projects completed. It’s a brilliant start for beginners wanting a taste of the real estate market without breaking the bank.
What makes Fundrise great? It offers passive income. The platform pays out dividends each quarter, and since its start, has shelled out over $300 million in dividends to investors. Plus, it’s not just about quick gains. Many of their pre-designed portfolios aim for long-term wealth growth too.
Potential returns look pretty impressive. According to Fundrise data, yearly investor returns range from 5.29% to upwards of 22.99%. If you stick with it for a few years, this can compound. After seven years, the average return is a whopping 83.4%.
Fundrise portfolio offers you four major investment strategies: Fixed income, Core plus, Value add, and Opportunistic. The first two strategies yield dividends fast but sacrifice long-term growth. The last two, however, are focused on property development and rehabilitation, offering larger profit margins for those who can hold onto their shares longer.
A heads-up though, Fundrise is not as liquid as some other investment options, meaning you can’t quickly sell your shares if need be. There’s a process that requires approval before you can liquidate. But if you’re in it for the long game, the superior returns compared to public Real Estate Investment Trusts (REITs) make it worth it.
Something to note, Fundrise has an annual advisory fee of 0.15% and a management fee of 0.85%. Should you invest in their Innovation Fund, the fee is 1.85%. If you’re keen on customized portfolios or individual investments, you’d need to subscribe to Fundrise Pro, which costs $10/month.
How long should you invest in Fundrise? The longer, the better. Fundrise notes that those who held onto their investments for seven years saw an average return of 83.8%. Just keep in mind that if you need to liquidate your shares before the five-year mark, there’s a 1% penalty fee.
Signing up is a breeze. All investors in the US, accredited or not, who are above 18, can register. Just head to their website and click ‘Get Started’. When you sign up using a specific link, you will get a free 30-day access to Fundrise Pro, plus a $10 bonus on your first deposit.
When it comes to tax, Fundrise dividends are taxed as nonqualified dividends. But they’ve simplified the process by integrating with TurboTax, making tax filing easy.
To answer your concerns if Fundrise is legit: Yes, it is. It’s got over 1.9 million active investors and is registered with the Securities and Exchange Commission. Since its inception, Fundrise has paid more than $311 million in dividends. Its users have given it positive reviews, citing great products and attentive customer service.
Wrapping up, Fundrise bridges the gap, making real estate investment accessible for both casual and seasoned investors. Its vast array of investment strategies and competitive returns make it an attractive platform. Whether you’re a newbie or a pro in real estate investments, Fundrise is worth exploring.
