Explore the Top 13 Competitors to Fundrise in the Realm of Real Estate Investing.
Looking into real estate investing but can’t afford to purchase whole properties? Crowdfunding platforms like Fundrise have made it possible for almost anyone to invest in commercial real estate. We’ll go over some of the alternatives to Fundrise that can help broaden your real estate investment portfolio.
Formerly limited to wealthy individuals, these platforms offer the general public an opportunity to make money from commercial properties. The process involves pooling resources from various investors to fund real estate projects. Funds are then invested and returns are shared among participants.
Fundrise has built an excellent reputation and track record since its establishment in 2012. The platform allows you to invest into a diverse portfolio of professionally managed real estates like apartment buildings and office properties. However, if you’re not feeling Fundrise, there are several other promising alternatives you could consider:
1. **RealtyMogul**: This platform has a higher starting investment than Fundrise at $5,000, but offers a similar range of real estate investments.
2. **Arrived**: Compared with Fundrise’s minimum investment of $10, Arrived allows you to start with $100 and invest in shares within single-family rental homes.
3. **Streitwise**: This platform specializes in office property investments and requires a minimum investment of $5,000.
4. **DiversyFund**: Specializing in large apartment buildings, this platform has a minimum investment of $500.
5. **HappyNest**: A newcomer to the scene, HappyNest allows you to start investing with just $10.
6. **Roofstock**: While it has a minimum investment of $5,000 for Roofstock One, this platform allows for direct and passive investments into rental properties.
7. **Groundfloor**: This platform focuses on short-term property loans for house flippers, starting with a minimum investment of $10.
8. **REIT ETFs**: Buying shares in Real Estate Investment Trusts (REITs) allow for flexible buying and selling similar to stock shares. The Public.com and Webull platforms offer commission-free trades of ETFs.
For accredited investors, meaning those who met certain income or net worth criteria, platforms such as CrowdStreet, Cadre, EquityMultiple, First National Realty Partners, and AcreTrader may be right for you. These provide access to a wider range of opportunities, but normally require larger initial investments.
It’s important to remember that while real estate investing has historically been profitable, it’s not guaranteed, and investments should be carefully considered. Always check the fee structure, investment period, and minimum amount carefully before making a decision.
Finally, starting with a low bar, platforms like Fundrise, Public, Moomoo and Webull are a good stepping stone to grow your wealth. As you gain experience and increase your assets, other real estate investment platforms may become more accessible to you over time.
