See the full blog post at: https://retipster.com/fundrise2018update
See the original Fundrise review here: https://youtu.be/BX-vYm__bzU
See the one-year follow up here: https://youtu.be/blz--ECH8mc
See the two-year follow up here: https://youtu.be/8GKtCnipO9s
Check out Fundrise through our affiliate link: https://retipster.com/fundrise
Almost exactly one year ago to the day, I put together a blog post and video to review a real estate crowdfunding website called Fundrise and to explain how it works.
As part of my review, I gave a quick tour of the site and actually invested $1,000 of my own money - just to help explain what the process looked like. You can see the original video here.
One of the most common questions I heard from people after posting this video was,
- What have your earnings been to date?
- How has your account performed?
- How much money have you made since investing?
It's a pretty valid question I suppose - I probably should have anticipated them.
Of course, the performance of my investment doesn't necessarily dictate what anyone else's returns will look like (because every REIT performs differently) - it does offer some insights on how Fundrise performs as a company - specifically in comparison with other investment options, like the stock market, mutual funds, or even a conventional real estate investment.
So - for what it's worth, I put together a video review showing what my returns have been over the past 12 months. If you want to check it out, you can see it above.
As you can see - my original $1,000 investment (with all dividends automatically reinvested) have earned a pretty steady 8% over the past year.
It's not a staggeringly high return of course. I could do MUCH better with this money if I went through all the work required to invest in a piece of land or a rental property... but on the same coin, those things take real work.
An 8% return with Fundrise requires virtually nothing, aside from the 5 minutes I spend deciding which eREIT to invest in, and the inherent risk that the returns don't pan out according to plan.
It's also worth noting - with Fundrise, my $1,000 principal is basically tied up for 5 years (give or take), and I can't get that money back in the meantime.
I also don't have any control over which properties are included in the eREIT fund, what is done with them, or when they're sold off... so I really am putting a lot of trust in the folks at Fundrise to manage my money with prudence.
In this particular instance, it seems as though things have gone smoothly. 8% certainly isn't the highest return one can get through real estate crowdfunding, but considering how easy it was to make this money, I'm not at all dissatisfied with the result.
Disclaimer: The information contained herein neither constitutes an offer for nor a solicitation of interest in any securities offering; however, if an indication of interest is provided, it may be withdrawn or revoked, without obligation or commitment of any kind prior to being accepted following the qualification or effectiveness of the applicable offering document, and any offer, solicitation or sale of any securities will be made only by means of an offering circular, private placement memorandum, or prospectus. No money or other consideration is hereby being solicited, and will not be accepted without such potential investor having been provided the applicable offering document. Joining the Fundrise Platform neither constitutes an indication of interest in any offering nor involves any obligation or commitment of any kind. The publicly filed offering circulars of the issuers sponsored by Rise Companies Corp., not all of which may be currently qualified by the Securities and Exchange Commission, may be found at www.fundrise.com/oc.