Even though Fundrise is one of the top real estate crowdfunding websites in the industry, it’s not for everyone.
Thankfully, there are a lot of alternatives that you can choose from when it comes to investing in real estate online or raising money for your real estate property.
With today’s video, I want to share with you some of these options that you can consider. We’ll walk through these websites, how they differ, and which one is right for your investing needs.
Real estate crowdfunding is a relatively new industry. It started to break out more with the creation of eREITS and the popularity of crowdfunding as a whole. I personally believe that technology is going to transform the way that real estate investing works.
That’s why I wrote the book, Real Estate Crowdfunding Explained to share with you how to take advantage of this soaring new trend.
I hope you enjoyed today’s whiteboard video!
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Now that you’ve watched the video, let’s explore this concept of real estate crowdfunding and how some of these sites differ…
All Real Estate Crowdfunding Sites Are Different
Unlike with traditional crowdfunding websites like Kickstarter and Indiegogo, real estate crowdfunding sites differ dramatically from one another.
Some sites will deal with debt investments (think fixed income). Others will list equity deals that result in dividends and appreciation. Some will limit their properties to accredited investors. Others are open. It really varies.
This is the reason why I wanted to put a list together that you can reference, particularly if you’re already familiar with Fundrise. This list will help get you started exploring some of the other platforms that are out there.
The easiest way to begin to filter through these platforms is to ask yourself a series of questions, chiefly:
- Do you want to invest in debt or equity deals?
- How old are you? This will affect a fixed income vs. appreciation strategy.
- Are you an accredited investor?
- How much risk can you tolerate?
These are a few questions for getting started gaining self-awareness as an investor.
Real Estate Crowdfunding is an Alternative Investment
I wouldn’t advise you to put all of your money in real estate crowdfunding deals. As always, you should diversify your holdings and your overall portfolio if you want ensure both security of capital and a healthy return.
By it’s very nature, real estate crowdfunding is an alternative investment. It isn’t that mainstream yet. Most people, even in the investment sphere, don’t know much about it.
While technology is transforming the way that we invest in real estate, it takes time to reach mainstream adoption. This means that you’ll be the first to take advantage of the great returns found on these websites.
In my video, I outlined a few of the platforms in the industry. You can even diversify your portfolio that is allocated to alternative investments among these various sites. Don’t think that you have to put all your eggs in one basket.
Where to Get Started Learning About Investing
Seeing as this is a new industry, there aren’t very many places to learn about real estate investing online! That’s what inspired me to write my book, Real Estate Crowdfunding Explained.
I’ve also been on a mission to provide free education to the public about this particular industry. That’s why I’ve put together a free real estate crowdfunding course that will introduce you to some of the major sites, strategies, techniques, and ways to make the most of this new industry.
As you go through this free program, you can always send me a message with any questions that you have. I’ll do my best to create more content around these gaps in your knowledge. I can’t always reply directly, but I do read every message.
At the end of the day, investing starts with you. It starts with your goals for your life, career, and business. Where do you want to be in 5, 10, or 20 years from now. Only you have the answers to those types of questions.
