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Savvy individuals put their well-earned money and savings into proper investment vehicles. Deciding what investment vehicles to use can be tricky.
Fundrise is one such option you can consider. They’re a firm featured on Forbes, Yahoo Finance, The Wall Street Journal and The New York Times.
Fundrise can be considered an automated investing service for the real estate industry. More traditional automated investing services (e.g. Betterment and Wealthfront) work with diversified portfolios of stocks, bonds, index funds, etc.
I’ll review what strategy they use in the investing world.
I’m not sure how long the offer will continue, but once you’re a customer you can start making referrals and earn $25 to $100 in bonus shares per referral. As you upgrade your account based on your deposits, your amount of bonus shares per referral will increase (e.g. 180 days, 365 days).
Just log into your account and you’ll see the option on the sidebar or under the menus.
Using a referral link to sign-up you’ll get $25 to $100 in bonus shares.
Current and future users are more than welcome to post your referral details in the comments section below. Please use each other’s links and spread the love : )
Here are some referral links posted by readers in the comments section you can use for $25-$100 in bonus shares when you sign-up:
- https://fundrise.com/r/4p4knd (reader Adi’s link)
- https://fundrise.com/r/j9q5ve (reader Sid’s link)
- https://fundrise.com/r/7o5qd9 (reader RJ’s link)
- https://fundrise.com/i/vk9vj (reader Justin’s link)
- https://fundrise.com/r/9j2y4n (reader Kristen’s link)
What Is Fundrise All About?
From their start in 2012, Fundrise has evolved from the typical crowdfunding form of investment house. If you ever wanted to invest in property, here is a good place to do it. Benefit from less risk than actually buying property outright.
Fundrise has designed a unique process of getting your money into the real estate market. You’ll be investing in eREITs (Electronic Real Estate Investment Trust). They also invest in eFunds or electronic funds.
If you know a bit about mutual funds or ETFs, then eREIT investing will sit better with you. For those not in the know, a mutual fund is where you invest into a program managed by professionals and where the funding comes from the shareholders.
An ETF, or exchange-traded fund, allows funds to be invested and are spread across various vehicles, such as bonds, commodities, and other assets, such as you would find in an index fund. The price changes on a daily basis as they are bought and sold.
What Are eREIT’s Exactly?
With the eREIT there are some fundamental differences from mutual funds and ETFs. The fees are lower, and you do not deal with a broker or intermediary. You deal directly with Fundrise.
As we all know, a broker takes their portion of fees, so this drastically allows Fundrise to reduce the fees due.
What Are eFunds?
Electronic Funds are also exclusive to Fundrise and also are investments in real estate. Unlike the eREIT, eFunds are not publicaly traded. They are also taxed very differently. In fact, you make a savings here, by avoiding double taxation. They are set up as partnerships, and not as corporations.
As with their eREIT’s, you do not accrue broker fees or commissions. The eFunds are generally used for the Growth packages, as they are built better for this goal.
What Are The Fees?
Fundrise charges an annual asset management fee of 0.85% for the eDirect funds (eREITs and eFunds). Clients of the investment services and management system will pay an additional 0.15% annual investment advisory fee.
The founders, among having very strong ideas about providing an investment vehicle for the everyday man, also strongly disagreed with a high fee structure, which oftentimes, ate into the investment.
What Is The Minimum Investment?
Fundrise offers five account levels that are tailored for investors of all net worths and experience levels, starting with the Starter Portfolio that only requires a $10 minimum investment. Here are the minimum investment for all account levels:
- $10 minimum for Starter Portfolio.
- $1,000 minimum for Basic plan.
- $5,000 minimum for Core plan.
- $10,000 minimum for Advanced account level.
- $100,000 minimum for Premium account level.
Are you the right candidate for investing in Fundrise? Well, if you can afford a minimum of $10 to invest, are a U.S. resident and are over the age of 18, you can certainly get started. Their typical investor is in the 30 to 40 age bracket and invests around $15,000 on average.
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.