Real Estate Crowdfunding Platforms
Real estate is one of the ways of building lasting wealth however; it is quite difficult to buy a property regarding investment. There is another way of investment where some crowdfunding platforms support in making private real estate deals. The platforms not only provide rental property but also serve in diversifying the investment portfolio with massive investment returns. The number of such real estate crowdfunding platforms has drastically increased, below are the most renowned platforms,
Fundrise was established by Kenny Shin, Brandon Jenkins, and Benjamin Miller. It is considered one of the first platforms and is basically a start-up based on DC. This platform has been ruling since 2012 and allows a minimum investment of $1000. The investors have to pick from focused commercial eREIT. This platform has served over 80,000 users and its investment capital has raised to $40 million.
Realty Shares was established by Ray Sturm, Nav Athwal, and Trey Clark in 2013. This platform serves the users to diversify in investment as well as property type. The investors are allowed to select from a variety of properties such as commercial, self-storage, and multi-family projects. Also, they can select between debts and equity for funding with a minimum investment of $1000. Its investment capital has raised to $32 since its inception.
Patch of Land
Patch of Land was established by Jason Fritton and Brian in 2013. This real estate crowdfunding platform serves accredited investors to finance massive loans. The users are allowed to select any specific property for making an investment with a minimum of $5000. The users on their investment receive monthly payouts which are between 9% -18%. This percentage totally depends on the risk. Its investment capital has raised to $25 million
This real estate crowdfunding platform was established by Justin Hughes and Jilliene Helman. The customers are provided with investment opportunities regarding equity and debt. Investment can be made in a variety of projects like the commercial, industrial, and multifamily properties starting from $2,500. Realty Mogul also serves the non-accredit investors however, there are some limitations regarding investments.
Roofstock was established by Gregor Watson and Gary Beasley in 2015. This platform serves the accredited investors in purchasing occupied single family home in order to buy a number of properties. The investment can be made by implementing a number of matrixes such as crime risk, location, flood risk, and price. Investors are able to put equity into any project as well as they are able to make a purchase of any property by means of integrated services. Its investment capital has raised to $13 million.