Fundrise.com Review and Pros and Cons

In 2012, Fundrise was launched in Washington DC by CEO Ben Miller. It is the first online real estate company that is simple, low cost, and used to invest in commercial projects. It gives you a fixed rate of return on top estate projects. They have an excellent team that directly works with the real estate developers. Fundrise also helps in making money through rental income. You can invest in US real estate projects and even in combination with company investments.

Fundrise review
Fundrise is available for both mobile and PC. Investors can get access to the assets' growth and can review the trends of the market. Its main product is REITs (real estate investment trusts). The outcomes of Fundrise are known as REITs. Investors can buy land and can also develop a house with the help eFunds offered by Fundrise. It also provides simple, advanced, and premium accounts. Fundrise is best for those investors that have a limited financial budget.

Customers must have at least 500 dollars to begin, and you can also make long-term investments for at least five years. Customer services are available from Monday to Friday, and the timing is 9 am to 5 pm EST. Investors can contact through email or phone support at the time mentioned above.

Pros
Fundrise has many benefits for the investors; all the pros of Fundrise listed below:

• Fundrise is a very easy to use website
• This website is regulated by SEC
• It has different account levels and plans for the investors
• IRA accounts are also available in it
• The account size requirement of Fundrise is shallow
• Both accredited and non-accredited investors can invest in Fundrise.
• Suitable for those who are interested in long term investments
• The minimum investment required for an account is meager
• It also offers eFunds, which can be used to buy land
• Fundrise is perfect for passive investment
• Its assets are highly diversified

Cons
Like every other website, Fundrise also has some cons, which are listed below:

• All Fundrise investments are highly illiquid.
• You can only invest in eREITs, not in eFunds.
• It is not easy to understand the fee system because of its complexity.
• Fundrise charges some fees for early investments.
• The investments in Fundrise are not for the short term.
• There are charges to open an account in Fundrise.
• You are also charged for the retirement accounts.
• Customers cannot sell the investments quickly as they can do in other stocks and mutual funds.
• There is a risk of low returns in the future, and it is because, in the past, Fundrise has provided high returns.
• Investors can also lose the investment due to the high return provided in the past by Fundrise.
• It has a poor track record from the past.

Feature of Fundrise that you need to know

Low investment minimums: Fundrise might suit you if you invest in real estate deals without a significant investment.

Easy-to-use platform: Hardly 10 minutes are required for signing up if you read a prominent investor disclosure. You need to give some official details about your phone number, address, and social security number. You can transfer the funds through ACH transfer by entering your bank information.

Available to non-accredited investors: Most of the platform design for real estate online is only for accredited investors. The security law has a $1 million net worth in which home value also included - $300,000 for a couple or $200,000 for individual’s annual income. For this manner, many of Fundrise’s products are designed for investors.

Redemptions: Fundrise provides a valid redemption program in which investors are allowed to sell their shares to Fundrise that is entirely free of cost. The fee is paid through eFund or eREIT. The share price reduction value is 0% for 90 days, whereas 3% in three years.

Conclusion
Fundrise is best for those investors who want to make long term investment and for those who are seeking diversification. The Fundrise launch's mission is to use the technology for offering low cost and high-quality real estate investments. Now Fundrise is managing over 4.9 billion dollars in assets.