This is actually the platform I have the most money invested in. It is also the platform I’ve gotten the biggest return in as of right now.
Essentially Fundrise is a platform that let’s you invest in real estate without all the hassles of owning real estate property. You’re simply buying eREIT/eFunds which Fundrise then use to buy, manage, and renovate properties.
It’s a pretty simple system which has proven to work extremely well since it was founded in 2010. However, that’s not to say that it will keep working, there has been a lot of start ups popping up recently with a similar business model that Fundrise will have to compete against, some of which I will talk about in future posts.
Regardless, it most likely will take decades for Fundrise to plateau, in the mean time it has been steadily growing and surpassing all its competitors, which is why it’s the perfect 5-10 year investment to make.
I started my journey on Fundrise in February 2020, I learned about it from googling things to invest in, then I mentioned it to my uncle who just happened to have put money into it recently as well. I decided to make an initial deposit of $5,000 then later after learning more about the platform and looking at the high return rates I decided to add another $5,000 to make it a total of $10,000 the most amount I have in any platform.
If you’re looking for more information about Fundrise, Graham Stephan, a pretty big realtor youtuber, made a video talking about it:
I personally agree with everything Graham had to say in that video, I also completely understand why he wouldn’t invest in it, he simply doesn’t need to. Reason being Graham has the skill and knowledge that Fundrise has. However, for a regular joe like me and you, Fundrise is an opportunity to tap into a market that would otherwise be closed off to us.