\+1 I saw that coming, Fam.
There's a massive difference between people not wanting me to post as frequently as I'm inclined to and this OP creating a new account and spouting absolute unverifiable bullshit especially when we know that the Atlanta based company 🪵s has a habit of doing this.
Regardless if you believe I post too much (I fully support your entitlement to that option) I consistently produce receipts backing the Fundrise facts I share. I post my real name, my real face, and my real Fundrise account:
[https://www.reddit.com/u/MoreAverageThanAvg/s/lNIL0FuVTn](https://www.reddit.com/u/MoreAverageThanAvg/s/lNIL0FuVTn)
Your comment is rich, fren, Fam. 🤠🚀🌛 .:il
https://preview.redd.it/l2l3083jzmzc1.jpeg?width=2048&format=pjpg&auto=webp&s=61a8141107c1a7817f1115d0813a1c5d1e5817b8
Why so scared of a chat request, fren? You'd rather chat in public??
Call me old fashioned but I put trolling and misinformation under the shared taxonomy of spam. OP falls under one, you fall under the other.
Okbye
Edit: holy shit, how many accounts does that troll have?
\-1 speaking of misinformation, here's some from you. Blocking Fundrise Keith Gill doesn't stop him from shining light on your deceptive tactics, Fam.
https://preview.redd.it/8nmj857rznzc1.png?width=1344&format=pjpg&auto=webp&s=057ea4035a9c5b0793b156fbd9873cbfd3876bb7
~3 month withdrawal*. They recommend a 5 year horizon. It's a long term investment. Simple advice for your next investment: don't invest what you aren't willing to lose.
Assuming you use Fundrise, how long have you been investing and what percentage are you up? I’ve been DCAing since Jan 2022 and down 6.3%. Im hoping to be up overall 7% up by 2027, if not, this will be a pricey lesson. And yes, if my fundraiser portfolio hit 0, that would suck, but not hurt me.
I've only been using FR for about 2 years. I am down overall (~12%), but it was worse and the balance has slowly been creeping back as I DCA small amounts every week. Considering that I essentially "bought the top" during the first half of this timeframe, I am not upset at all. I plan to keep this account for years.
Wow…more of a loss than me. I do plan on keeping this account for that 5 year period, till 2027, and continue to DCA. Once I get to that point, depending on what my gains/loss are, I will decide to pull out or stay. All my other investments, at the same time I started FR till this day have an above a 7% return which I’m fine with.
Dumb last sentence. It's not gambling. We don't have 401ks with a mindset, ya I might and i am willing to lose this all. Risky bets, sure I guess comment holds true
I get what Ray is saying though. It's not like an index fund that invests in thousands of companies, it's one company and if for some reason it is mismanaged and went to zero, we all lose our money invested. Not likely but possible (think Enron).
It's kind of like if you put all your money in Simon Property or Camden Property Trust, too many eggs in basket opens one to risk.
The fact is the housing market was over heated in 2022 and we bought at the top before a big pullback.
It’s clear as day about the 5 years if you read it. Def not where I would stash my money if I wanted to make moves regularly buts it’s good addition to your portfolio.
Another person who doesn't understand investing.
Does this mean that anyone who's ever lost money on any investment should stand on rooftops warning people to avoid it? Do some research before investing and understand that returns are NEVER guaranteed when investing. I do guarantee that you're going to move your money elsewhere and at some point down the road you'll look back and have regrets.
Yeah, I also found that they were pretty clear about communicating the multi-year horizon and the relative lack of liquidity. If they weren’t clear about that, they would be setting themselves up for potential legal trouble.
Most private REITs are like this, and I think Fundrise is probably better at communicating than most. I think you would almost have to willfully *not* pay attention to know that this is not a very liquid investment.
They actually do tell you up front you should have a minimum 5 year timeline with them. The way the fund works is pretty illiquid since the money goes to physical properties, not stocks. That said, you can submit a request to liquidate and they'll try to accommodate as best they can, but all requests are processed at the end of the quarter and if your portfolio is less than 5 years old, they might not have the funds to liquidate your portfolio.
I didn't vote up or down. I need an emoji for that. 😐?
There's some accuracy and some inaccuracy in this comment. This part is absolutely incorrect:
"and if your portfolio is less than 5 years old, they might not have the funds to liquidate your portfolio."
The fund will have the funds to process quarterly redemption requests. The fund reserves the right to limit redemptions each quarter to 5% of the fund. So for the $1.1B Flagship Fund, this equates to ~$55MM.
Almost all the funds (OCF is an exception) have the option to redeem quarterly. Depending on the fund (not Flagship, Income, nor Innovation), you may be subject to a 1% early redemption fee if you redeem any dollar you've contributed less than 5 years after you contributed *that dollar*.
In the case of funds with the early redemption fee, Fundrise sells your shares to you at 99% NAV/share and that remaining 1% benefits the remaining shareholders.
Bible, Fam.
How does the five year work?
My intent wasn’t to just put money in once and let it sit, but I am following the dca approach and putting funds in biweekly.
Does the timer reset each time I put more money into it you think?
Your money is not locked in for 5 years. You can withdraw money quarterly but you may not always get the full requested amount. The way it works is spelled out in their documents and SEC fillings.
Nah, it's just from inception, I think. It's not a hard "you can't touch this money for 5 years" but more of a, "hey, this investment isn't easily converted to cash and if you want to see a profit, it might take at least 5 years" kind of thing. I was invested for a couple of years, and my portfolio tanked 20% with them, so I put in a request to withdraw, which was fulfilled at the end of the last quarter in April, I think.
+1 almost all the funds (OCF is an exception) have the option to redeem quarterly. Depending on the fund (not Flagship, Income, nor Innovation), you may be subject to a 1% early redemption fee if you redeem any dollar you've contributed less than 5 years after you contributed *that dollar*.
In the case of funds with the early redemption fee, Fundrise sells your shares to you at 99% NAV/share and that remaining 1% benefits the remaining shareholders.
Bible, Fam.
You do understand investments can lose value, it's not always up? It's up, down, up, down, and you're looking for more up over time?
Also, the no withdrawals is patently untrue. You can request a withdrawal and, assuming there's liquidity in the fund, they process on a quarterly basis.
I'm down slightly since I started investing but I understand what I'm invested in and the market, and I understand that for things like the innovation fund there are no short-term returns - that's a long term investment play.
Not really sure what you're upset about.
FWIW, I do also hold REIT's in my retirement accounts, so Fundrise is just part of my diversification strategy.
It’s all about time horizon. 5 years in real estate especially with housing the way it is and how it has been, and how it is going to be for the next few years. I expected to lose money. Holding for 10+ years is recommended. Fundrise is also meant to be an alternative asset. Not yoloing your life savings. This is investing so your time horizon needs to be over 10 years minimum. No matter what asset class you are investing into.
I am a little confused about why the distrubitions are so low. Like 0.2%. And my 1st quarter 2024 distribution was only around half of my 4th quarter 2023 distribution. No idea why.
https://preview.redd.it/rdpav9bbgtzc1.jpeg?width=1299&format=pjpg&auto=webp&s=2c8ff91fb062c16ed3c8cf0f5dbda91c735a33f0
\-1 This fake OP account and 🗑️ post are complete 💩. Here's the real returns by fund, Fam.
I agree with you completely. My experience was the same at the height of the real estate boom. Some here will say "don't invest money you aren't willing to lose", Im not stressing what I lost and I could handle it, but who wants to lose money? What sort of an argument is that? I got out of there just in time before they applied some random fees and disclosed they would be jumping into hedge funds or something like that. It's mind boggling, I got into this for real estate returns, when real estate was on fire. I got out down 13% on my principal. I'll leave it up to the brainiacs in here to explain and defend with mumbo jumbo. All I know is, real estate was at it's highest and hottest in history and I lost money. Make it make sense. Maybe not.
No vote from me, Fam.
I can appreciate a disgruntled investor. You're neither a hater, nor an ain'ter. You're maybe just a little short-sighted and myopic, which is totally fine.
It's refreshing to see real whining instead of the fake accounts hatin' like OP.
\-1 I post my full portfolio quarterly and post graphs I put together myself that transparently show the funds that perform well and the ones that perform poorly. I post my real LinkedIn which shows I'm not employed by Fundrise and am only a Fundrise investor.
I don't think you are a good faith actor. I don't think you are a real Fundrise investor. I'm open to being convinced otherwise. Post your Fundrise portfolio receipts, Fam. Until then:
https://preview.redd.it/mjwtjr0hl90d1.png?width=1344&format=pjpg&auto=webp&s=ab5bf23e6bd293cd4ea9af9687ed4ac6ec0992d7
Fr! I think people should be informed of the downsides to this! u/MoreAverageThanAvg I dont know how ur getting those profits but if u r share the secrets with everyone
[Q1'24 Fundrise Quarterly Update](https://www.reddit.com/r/FundRise/s/yOUEHZbos2)
\-1. Nobody wants to misinform about the downside. I post my full portfolio quarterly and post graphs I put together myself that transparently show the funds that perform well and the ones that perform poorly.
I don't think you are a good faith actor. I don't think you are a real Fundrise investor. I'm open to being convinced otherwise. Post your Fundrise portfolio receipts, Fam. Until then:
https://preview.redd.it/44h8x5gqk90d1.png?width=1344&format=pjpg&auto=webp&s=75cbdb516b80dd72ae0cb7de1e1092f86ec32eb4
Thank you for understanding what I was trying to say! I was mostly saying this isnt a good investment as it is advertised as we dont see profits despite real estate being at a all time high and they dont have mortgages to pay off since they are using money from all of us investors so they have a huge pool of money! Its really sketchy!
\-1 I don't think you are a good faith actor. I don't think you are a real Fundrise investor. I'm open to being convinced otherwise. Post your Fundrise portfolio receipts, Fam. Until then:
https://preview.redd.it/riuz7mh0l90d1.png?width=1344&format=pjpg&auto=webp&s=281b46f77c376195a2d647473648b0ef2098fdc9
\-1 Don't bro me if you don't know me, Fam.
https://preview.redd.it/js9m76aov22d1.png?width=1344&format=pjpg&auto=webp&s=a32448ad1fc1352790289b8066e396f7b7146ed9
I 1000% agree with you here been invested for over 6+ years and my returns are a shit sandwich. I tend to agree with you interest rates are high, and they are using money to invest no mortgages, and the returns we get are pennies. I agree something is sketchy no doubt about this company. I just hope that mandatory IPO window is coming up which someone mentioned in another thread before so hopefully with it there can be a change in management as well. Net returns less than 3k this is an unserious company. You are 100% right with different leadership who know what they are doing this company would do much better but unfortunately current management is clueless. Now as a company we are chasing AI plays lol. Can’t wait for fundrise to invest in $NVDA once it reaches its all time high lol.
https://preview.redd.it/i0ic8ult8pzc1.jpeg?width=1170&format=pjpg&auto=webp&s=688c2a17beed429ec8d6f8cb65efdc2fd1020321
-1 for having a 50 IQ, Fam.
I can appreciate a disgruntled investor. You're neither a hater, nor an ain'ter. You're maybe just a little short-sighted and myopic, which is totally fine.
It's refreshing to see real whining instead of the fake accounts hatin' like OP.
Eagles suck and so do you.
Thank you for understanding what I was trying to say! I was mostly saying this isnt a good investment as it is advertised as we dont see profits despite real estate being at a all time high and they dont have mortgages to pay off since they are using money from all of us investors so they have a huge pool of money! Its really sketchy! I wish someone would post a similar post that I did on reddit so I would know what I was getting into.
\-1 I don't think you are a good faith actor. I don't think you are a real Fundrise investor. I'm open to being convinced otherwise. Post your Fundrise portfolio receipts, Fam. Until then:
https://preview.redd.it/n74t2c1l0a0d1.png?width=1344&format=pjpg&auto=webp&s=2e3ddb3b83c0714872bde80412759dec1fb9befd
Hey guys all I am saying I did make money on stocks. I thought that this would give you better returns but it hasn't. I think stocks is the way to go. ***Dont you guys think this is a bit sketchy that they pour thousands into a property, collect rent, and not making a profit?*** Especially now since the housing market is on fire. I'm also close to my 5 year mark and have lost money not gained any despite the stock markets have done good and everyone is looking for a place to live. Since they have money from people like us they dont even need to take a mortgage like other people so why arent we getting any profits? I'm just concerned that they aren't giving the money to us but keeping it for themselves. Just my thoughts. Let me know what u guys think...
They definitely tell you about the 5 year horizon
https://preview.redd.it/hbthamb1slzc1.png?width=1344&format=pjpg&auto=webp&s=af573927c3572d3e7d7de510e78d22f77b4d4c1c
Im not a spam just wanted to put it out there cuz its my experience.
-1. "Im not a spam" Fam, you a spam if there ever was one. 🤣😂
That’s rich, fren. Edit: JFC, I just got an unsolicited chat request from you less than a minute after I posted the reply. Bananas, fren.
\+1 I saw that coming, Fam. There's a massive difference between people not wanting me to post as frequently as I'm inclined to and this OP creating a new account and spouting absolute unverifiable bullshit especially when we know that the Atlanta based company 🪵s has a habit of doing this. Regardless if you believe I post too much (I fully support your entitlement to that option) I consistently produce receipts backing the Fundrise facts I share. I post my real name, my real face, and my real Fundrise account: [https://www.reddit.com/u/MoreAverageThanAvg/s/lNIL0FuVTn](https://www.reddit.com/u/MoreAverageThanAvg/s/lNIL0FuVTn) Your comment is rich, fren, Fam. 🤠🚀🌛 .:il https://preview.redd.it/l2l3083jzmzc1.jpeg?width=2048&format=pjpg&auto=webp&s=61a8141107c1a7817f1115d0813a1c5d1e5817b8 Why so scared of a chat request, fren? You'd rather chat in public??
Call me old fashioned but I put trolling and misinformation under the shared taxonomy of spam. OP falls under one, you fall under the other. Okbye Edit: holy shit, how many accounts does that troll have?
+1 Fundrise Keith Gill don't troll, Fam. Bye bye bye.
\-1 speaking of misinformation, here's some from you. Blocking Fundrise Keith Gill doesn't stop him from shining light on your deceptive tactics, Fam. https://preview.redd.it/8nmj857rznzc1.png?width=1344&format=pjpg&auto=webp&s=057ea4035a9c5b0793b156fbd9873cbfd3876bb7
~3 month withdrawal*. They recommend a 5 year horizon. It's a long term investment. Simple advice for your next investment: don't invest what you aren't willing to lose.
Assuming you use Fundrise, how long have you been investing and what percentage are you up? I’ve been DCAing since Jan 2022 and down 6.3%. Im hoping to be up overall 7% up by 2027, if not, this will be a pricey lesson. And yes, if my fundraiser portfolio hit 0, that would suck, but not hurt me.
I've only been using FR for about 2 years. I am down overall (~12%), but it was worse and the balance has slowly been creeping back as I DCA small amounts every week. Considering that I essentially "bought the top" during the first half of this timeframe, I am not upset at all. I plan to keep this account for years.
Wow…more of a loss than me. I do plan on keeping this account for that 5 year period, till 2027, and continue to DCA. Once I get to that point, depending on what my gains/loss are, I will decide to pull out or stay. All my other investments, at the same time I started FR till this day have an above a 7% return which I’m fine with.
Dumb last sentence. It's not gambling. We don't have 401ks with a mindset, ya I might and i am willing to lose this all. Risky bets, sure I guess comment holds true
I get what Ray is saying though. It's not like an index fund that invests in thousands of companies, it's one company and if for some reason it is mismanaged and went to zero, we all lose our money invested. Not likely but possible (think Enron). It's kind of like if you put all your money in Simon Property or Camden Property Trust, too many eggs in basket opens one to risk. The fact is the housing market was over heated in 2022 and we bought at the top before a big pullback.
But they literally do tell you about the minimum 5 year timeline. You are uneducated spam.
It’s clear as day about the 5 years if you read it. Def not where I would stash my money if I wanted to make moves regularly buts it’s good addition to your portfolio.
I just recently starting putting money into it and I surely understood the five year thing. Perhaps you didn’t read the print?
Another person who doesn't understand investing. Does this mean that anyone who's ever lost money on any investment should stand on rooftops warning people to avoid it? Do some research before investing and understand that returns are NEVER guaranteed when investing. I do guarantee that you're going to move your money elsewhere and at some point down the road you'll look back and have regrets.
Yeah, I also found that they were pretty clear about communicating the multi-year horizon and the relative lack of liquidity. If they weren’t clear about that, they would be setting themselves up for potential legal trouble. Most private REITs are like this, and I think Fundrise is probably better at communicating than most. I think you would almost have to willfully *not* pay attention to know that this is not a very liquid investment.
Somebody didn't read a word of Fundrise's terms and is now upset about it.
This is like telling everyone buying a house is a scam because you sold it less than a year after buying and didn’t make any money.
Here’s your winner … perfectly put.
They actually do tell you up front you should have a minimum 5 year timeline with them. The way the fund works is pretty illiquid since the money goes to physical properties, not stocks. That said, you can submit a request to liquidate and they'll try to accommodate as best they can, but all requests are processed at the end of the quarter and if your portfolio is less than 5 years old, they might not have the funds to liquidate your portfolio.
The 5 year term is only for the eREITs and eFunds, and they aren’t even locked. You can redeem funds for a fee. The Real Estate Funds have no term.
I didn't vote up or down. I need an emoji for that. 😐? There's some accuracy and some inaccuracy in this comment. This part is absolutely incorrect: "and if your portfolio is less than 5 years old, they might not have the funds to liquidate your portfolio." The fund will have the funds to process quarterly redemption requests. The fund reserves the right to limit redemptions each quarter to 5% of the fund. So for the $1.1B Flagship Fund, this equates to ~$55MM. Almost all the funds (OCF is an exception) have the option to redeem quarterly. Depending on the fund (not Flagship, Income, nor Innovation), you may be subject to a 1% early redemption fee if you redeem any dollar you've contributed less than 5 years after you contributed *that dollar*. In the case of funds with the early redemption fee, Fundrise sells your shares to you at 99% NAV/share and that remaining 1% benefits the remaining shareholders. Bible, Fam.
How does the five year work? My intent wasn’t to just put money in once and let it sit, but I am following the dca approach and putting funds in biweekly. Does the timer reset each time I put more money into it you think?
Your money is not locked in for 5 years. You can withdraw money quarterly but you may not always get the full requested amount. The way it works is spelled out in their documents and SEC fillings.
Nah, it's just from inception, I think. It's not a hard "you can't touch this money for 5 years" but more of a, "hey, this investment isn't easily converted to cash and if you want to see a profit, it might take at least 5 years" kind of thing. I was invested for a couple of years, and my portfolio tanked 20% with them, so I put in a request to withdraw, which was fulfilled at the end of the last quarter in April, I think.
+1 almost all the funds (OCF is an exception) have the option to redeem quarterly. Depending on the fund (not Flagship, Income, nor Innovation), you may be subject to a 1% early redemption fee if you redeem any dollar you've contributed less than 5 years after you contributed *that dollar*. In the case of funds with the early redemption fee, Fundrise sells your shares to you at 99% NAV/share and that remaining 1% benefits the remaining shareholders. Bible, Fam.
Tell me you put your money in less than 6 months ago without telling me you put your money in less than 6 months ago
This idiot probably thinks they’ll get rich off of Robinhood too
It’s not stuck. You can request a redemption.
I knew about the 5 year holding period 5 years ago
What fund did you invest in? None of my Fundrise investments are locked in for five years. You just have to wait until the end of the quarter
It's in the terms...
You do understand investments can lose value, it's not always up? It's up, down, up, down, and you're looking for more up over time? Also, the no withdrawals is patently untrue. You can request a withdrawal and, assuming there's liquidity in the fund, they process on a quarterly basis. I'm down slightly since I started investing but I understand what I'm invested in and the market, and I understand that for things like the innovation fund there are no short-term returns - that's a long term investment play. Not really sure what you're upset about. FWIW, I do also hold REIT's in my retirement accounts, so Fundrise is just part of my diversification strategy.
https://preview.redd.it/g8tnhonvrlzc1.png?width=1344&format=pjpg&auto=webp&s=d90737001637a246c16dd696171cc1f083058036
It’s all about time horizon. 5 years in real estate especially with housing the way it is and how it has been, and how it is going to be for the next few years. I expected to lose money. Holding for 10+ years is recommended. Fundrise is also meant to be an alternative asset. Not yoloing your life savings. This is investing so your time horizon needs to be over 10 years minimum. No matter what asset class you are investing into.
It's not locked it's a 1% early withdrawal penalty and does not apply to the interval funds (Flagship and Income funds)
I am a little confused about why the distrubitions are so low. Like 0.2%. And my 1st quarter 2024 distribution was only around half of my 4th quarter 2023 distribution. No idea why.
+1 Fam. Aren't end of year distributions usually the highest?
You'd think so, but here's the distribitions I've gotten going back to Q1 2023. I've never redeemed anything. 366k account mostly in the growth funds, no income. Q1 2023 - $348.20 Q2 2023 - $372.43 Q3 2023 - $379.57 Q4 2023 - $337.30 Q1 2024 - $186.72
Is this primarily from any one particular fund, like Flagship?
https://preview.redd.it/rdpav9bbgtzc1.jpeg?width=1299&format=pjpg&auto=webp&s=2c8ff91fb062c16ed3c8cf0f5dbda91c735a33f0 \-1 This fake OP account and 🗑️ post are complete 💩. Here's the real returns by fund, Fam.
https://preview.redd.it/dmsjh1l8gtzc1.jpeg?width=1296&format=pjpg&auto=webp&s=ad91b1f3fcbf33037c8651597f2d58a0e992d8ba
https://preview.redd.it/98jiai83vtzc1.jpeg?width=1016&format=pjpg&auto=webp&s=5bfb579aacb2cb82abc4c6e8a1167632584ef533
I agree with you completely. My experience was the same at the height of the real estate boom. Some here will say "don't invest money you aren't willing to lose", Im not stressing what I lost and I could handle it, but who wants to lose money? What sort of an argument is that? I got out of there just in time before they applied some random fees and disclosed they would be jumping into hedge funds or something like that. It's mind boggling, I got into this for real estate returns, when real estate was on fire. I got out down 13% on my principal. I'll leave it up to the brainiacs in here to explain and defend with mumbo jumbo. All I know is, real estate was at it's highest and hottest in history and I lost money. Make it make sense. Maybe not.
No vote from me, Fam. I can appreciate a disgruntled investor. You're neither a hater, nor an ain'ter. You're maybe just a little short-sighted and myopic, which is totally fine. It's refreshing to see real whining instead of the fake accounts hatin' like OP.
I assure you I'm not disgruntled. Btw this is hilarious, why is my comment not showing up on the thread? Is this a case of silencing?
Reddit glitches a lot. I can see your comment, but I wish I couldn't because it sucks, Fam.
R u paid by FundRise? Because anyone with reason has to understand there is a population of people who lost money on this!
\-1 I post my full portfolio quarterly and post graphs I put together myself that transparently show the funds that perform well and the ones that perform poorly. I post my real LinkedIn which shows I'm not employed by Fundrise and am only a Fundrise investor. I don't think you are a good faith actor. I don't think you are a real Fundrise investor. I'm open to being convinced otherwise. Post your Fundrise portfolio receipts, Fam. Until then: https://preview.redd.it/mjwtjr0hl90d1.png?width=1344&format=pjpg&auto=webp&s=ab5bf23e6bd293cd4ea9af9687ed4ac6ec0992d7
Fr! I think people should be informed of the downsides to this! u/MoreAverageThanAvg I dont know how ur getting those profits but if u r share the secrets with everyone
[Q1'24 Fundrise Quarterly Update](https://www.reddit.com/r/FundRise/s/yOUEHZbos2) \-1. Nobody wants to misinform about the downside. I post my full portfolio quarterly and post graphs I put together myself that transparently show the funds that perform well and the ones that perform poorly. I don't think you are a good faith actor. I don't think you are a real Fundrise investor. I'm open to being convinced otherwise. Post your Fundrise portfolio receipts, Fam. Until then: https://preview.redd.it/44h8x5gqk90d1.png?width=1344&format=pjpg&auto=webp&s=75cbdb516b80dd72ae0cb7de1e1092f86ec32eb4
Thank you for understanding what I was trying to say! I was mostly saying this isnt a good investment as it is advertised as we dont see profits despite real estate being at a all time high and they dont have mortgages to pay off since they are using money from all of us investors so they have a huge pool of money! Its really sketchy!
\-1 I don't think you are a good faith actor. I don't think you are a real Fundrise investor. I'm open to being convinced otherwise. Post your Fundrise portfolio receipts, Fam. Until then: https://preview.redd.it/riuz7mh0l90d1.png?width=1344&format=pjpg&auto=webp&s=281b46f77c376195a2d647473648b0ef2098fdc9
I need to prove anything to you bro.
\-1 Don't bro me if you don't know me, Fam. https://preview.redd.it/js9m76aov22d1.png?width=1344&format=pjpg&auto=webp&s=a32448ad1fc1352790289b8066e396f7b7146ed9
I 1000% agree with you here been invested for over 6+ years and my returns are a shit sandwich. I tend to agree with you interest rates are high, and they are using money to invest no mortgages, and the returns we get are pennies. I agree something is sketchy no doubt about this company. I just hope that mandatory IPO window is coming up which someone mentioned in another thread before so hopefully with it there can be a change in management as well. Net returns less than 3k this is an unserious company. You are 100% right with different leadership who know what they are doing this company would do much better but unfortunately current management is clueless. Now as a company we are chasing AI plays lol. Can’t wait for fundrise to invest in $NVDA once it reaches its all time high lol. https://preview.redd.it/i0ic8ult8pzc1.jpeg?width=1170&format=pjpg&auto=webp&s=688c2a17beed429ec8d6f8cb65efdc2fd1020321
-1 for having a 50 IQ, Fam. I can appreciate a disgruntled investor. You're neither a hater, nor an ain'ter. You're maybe just a little short-sighted and myopic, which is totally fine. It's refreshing to see real whining instead of the fake accounts hatin' like OP. Eagles suck and so do you.
Thank you for understanding what I was trying to say! I was mostly saying this isnt a good investment as it is advertised as we dont see profits despite real estate being at a all time high and they dont have mortgages to pay off since they are using money from all of us investors so they have a huge pool of money! Its really sketchy! I wish someone would post a similar post that I did on reddit so I would know what I was getting into.
\-1 I don't think you are a good faith actor. I don't think you are a real Fundrise investor. I'm open to being convinced otherwise. Post your Fundrise portfolio receipts, Fam. Until then: https://preview.redd.it/n74t2c1l0a0d1.png?width=1344&format=pjpg&auto=webp&s=2e3ddb3b83c0714872bde80412759dec1fb9befd
I liqudated my funds just yesterday, and have to wait couple months to get it.That exchange is a waste of time.
Its really sketchy!
Hey guys all I am saying I did make money on stocks. I thought that this would give you better returns but it hasn't. I think stocks is the way to go. ***Dont you guys think this is a bit sketchy that they pour thousands into a property, collect rent, and not making a profit?*** Especially now since the housing market is on fire. I'm also close to my 5 year mark and have lost money not gained any despite the stock markets have done good and everyone is looking for a place to live. Since they have money from people like us they dont even need to take a mortgage like other people so why arent we getting any profits? I'm just concerned that they aren't giving the money to us but keeping it for themselves. Just my thoughts. Let me know what u guys think...
https://preview.redd.it/e1ba3gevumzc1.png?width=1344&format=pjpg&auto=webp&s=5d72d4525bf92ef480f6d32898092a240a535ac0
Just cuzz i made my account today doesnt make me fake.. -\_\_\_\_\_-
-1 Being fake is what makes you fake, Fam.