FundriseReviews of fundrise.com

Either Fundrise aren't very good at investing or the scheme is fraudulent. By my estimation, if I were to wait the full five years, there would be nothing left of my investment. I was taken in by the many great reviews on YouTube. I also don't trust the 5-star reviews on Trustpilot. Read them. Most don't describe a personal experience or contain any real detail or data. They're mostly, "Fundrise is a great platform for people with no experience who want to invest in real estate...", etc. Compare them to the negative reviews, many of which detail an experience with dollar amounts and percentage losses. The fake reviewers sometimes don't seem to understand the product, which usually indicates that they were paid for a positive review. Review farms are a thing. Even the honest reviewers that have gained money speak about a roughly 2% gain. I'm down nearly 7% after 7 months. There are 60 months in five years. Do the math. It's all compound losses all the way. I've asked for a redemption. It's early February and their fuzzy email says I might get something back by April. Fundrise seems to be a get-rich scheme, but NOT for the investors. Fundrise is worthless. A good dividend stock is a better (and liquid) bet.

My portfolio of properties did not drop any where near percentage drop in my Fundrise account. It does not compute to me, I guess that is why most of my money is in actual physical Real Estate, not paper Real Estate.

I have been extremely impressed with my experience with Fundrise. The platform is user-friendly and easy to navigate, making it accessible for both novice and experienced investors. The team at Fundrise is also incredibly responsive and helpful, always available to answer any questions I had. One of the things I appreciate most about Fundrise is the diversity of investment options available. They offer a wide range of properties and projects, giving me the flexibility to diversify my portfolio and invest in something that aligns with my personal values and goals. I have also been happy with the returns on my investments so far. I have seen steady growth and have been impressed with the performance of the properties in my portfolio. Overall, I highly recommend Fundrise to anyone looking to invest in real estate. The platform is reliable, easy to use and offers great returns on investments.

Stay clear of Fundrise. The investment valuations that they use to value the NAV, which determines how many shares you receive and your resulting share of any dividends or final sale price, are not kept up to date. My investment closed on December 19, 2022. The number of shares I received in the fund was based on the NAV stated by Fundrise on that date. The prospectus of the fund as well as the marketing and advertising materials communicated by Fundrise indicate that its NAV is updated daily. On December 31, the NAV of the fund was updated with a decline of 7% since the date that my investment closed on the 19th (an amount that works out to an annualized amount of over 200%). When I inquired as to the reason why there was such a large decline in such a short period of time, I was told that interest rate changes and macroeconomic factors required a year-end update. I indicated that I believed my investment should have been updated to the year-end NAV then since early the NAV at which my investment was valued on the 19th was not correct; there was not a large change in interest rates or macroeconomic factors from the 19th of December to the end of the year. In addition, looking at a history of NAV's provided by Fundrise, I believe there is ample evidence to indicate that the NAV is not in fact updated daily as advertising and marketing materials indicate and as the prospectus of the fund promises. Had I known that the NAV of the fund was not in fact updated daily, and that the macroeconomic conditions and interest rate changes of 2022 were not included in the NAV, clearly I would not have invested before those factors were fully considered. The harm to me is that my investment was overvalued and I therefore received fewer shares than I otherwise should have. I also believe there is broader harm to all shareholders as the NAV is clearly not updated daily as Fundrise claims and yet it allows investments to be made at those daily NAV's. Stay away.

I invested $108,000 since 2019, and after 4 years my balance is at $101,000. So I have lost money, which is not the outcome the company sells. To withdraw my funds now will incur a 1% fee. So more loss. My own personal real estate investments during this time have only made money, but they are supposed to be the professionals. I am wondering where my money went.

Almost a year ago I put $100,000 into Fundrise. After about 6 months it showed I was getting about a 4.5% return on my investment. I was concerned about the amount of acquisitions they were making in the single family home market. On December 2nd I asked to liquidate my position. They told me it could take two months to liquidate and today they said my liquidation would come out to $88,000, even though my current balance on their site shows $99,000. Be very skeptical of this company. I don’t not feel like they are transparent and good luck even speaking with someone even after investing $100,000. I hope this review saves you from my experience.

Invested $5,000 with Fundrise. I requested to take the money out on 11/25/2022 and they said the request cannot be processed till early January. I was given the $10 promotion for joining and had also earned about $8 then, so I had not "lost" anything. My understanding was that my balance is now LOCKED/FROZEN since I want OUT - should not be earning or losing anything... Suddenly, as January hit (and it was time to process my request), my funds went down to $4,653.74 - There is no number to call and emailing their support, I only received paragraphs and paragraphs of liquidation policy; them basically saying there is nothing they can do. Very disappointed - will definitely not be using them ever again and trying to spread the word on here - doesn't look like you can leave them a review/comment on their social media.

Fundrise is a joke. I started with a small investment of $1100 to see how it would go. It kept climbing until November then all my gains were lost and it started to lose money. I asked to cash it out and you can’t for a while. After requesting a cash out the price plummeted down 28%. You can’t track how or why. It’s not like a stock where you can see the price change and track it. You just trust they aren’t screwing you. I’ll never use them again.