Great
Based on 613 reviews
Fundrise4.1Honesty, pricing, process and quality scores appear once 5 customers have rated them.
Fundrise offers access to sophisticated private market strategies focused on generating consistent income and long-term growth across real estate private equity, venture capital, and private credit.Real estate — Fundrise is one of the 50 largest real estate private equity investors in the world by total annual deployment — deploying more than $1 billion of capital annually in 2021 and 2022. Our portfolio is largely composed of 20,000+ well-located residential units and eCommerce-centric industrial assets.Venture — Investing in high-growth private technology companies has proven to be one of the best-performing strategies of the last 50 years. Our growth equity fund targets mid-to-late-stage companies in sectors like Modern Data Infrastructure, FinTech, and AI/ML.Private credit — Skyrocketing interest rates have created broad credit market dislocations and a potential liquidity crisis. The result is arguably the most attractive, risk-adjusted private credit investing opportunity of the last few decades.Building a better financial systemWhen our co-founders launched Fundrise back in 2012, our mission was to use technology to build a better financial system for investors like you. A lot has changed since then. Over 2 million people now use Fundrise and we manage nearly $3 billion in equity across real estate, private credit, and venture capital. It’s hard to believe how far we’ve come. But our mission remains the same. It’s what drives us to continue eliminating barriers, developing new investments, and working tirelessly to make this the best investing experience you’ve ever had. Thank you for joining us on this journey.
Fundrise (fundrise.com) has 613 customer reviews on Folks Told, with an average rating of 4.1 out of 5.
Showing 105 reviews with 1 star · Clear filters
Jud H.
If they associated with Fundrise SFRs, here in Tennessee are managed by Cushman and Wakefield, they are crappy homes, and their property management (C&W) won’t fix anything correctly it’s all jerry rigged fresh from trailer park USA, and unfortunately you pay $$$$$ out the wazoo for your lease. If could break it we would. We won’t renew that’s for sure.
Angelika E.
Alas, my experiences with this website have been beset by numerous setbacks, with mounting evidence of its duplicitous, if not illegal, activities flooding social media platforms on an increasingly regular basis. My principal grievance centers around the non-payment of funds owed to me. Their initial veneer of amiability and professionalism has been rapidly stripped away as soon as the matter of remuneration arises. Regrettably, placing any degree of trust in this website must be deemed an imprudent proposition -- one that I now profoundly regret. In hindsight, I realize that I would have been better served remaining faithful to Asllc -- a company that has consistently demonstrated its abiding responsibility and fulfilled its obligations with exceptional performance across all domains.
Duh
Back when real estate plummeted, I made the mistake of giving this scam a chance. I've invested pursuant to their advice, and I'm still in the red. As soon as my principal is in the black, I'm bailing. Don't bother with this Fundrise. It's a trap, and it's crap.
Diane W.
There are positive reviews being posted by people who work for fundrise. I put $500 into it and when I checked my investment 1 year later, they said they had never received an investment from me. Please don’t invest here. Try Robinhood where they don’t “lose(steal)” your money.
Dale T.
I feel like a total fool for investing with Fundrise. They seemed to be returning a decent rate - not great but okay, until the day I wanted to liquidate my shares and make a withdrawal. Little did I realize that 50% of my "investment" went into something they called an "Illiquid IPO", which they now describe thusly: "Fundrise iPO investors should be prepared to hold the investment indefinitely", and also: "redemption may be limited or suspended, or there may be no possibility of redemption" Hold the investment Indefinitely? How is that even an investment? It's a DONATION. In other words, I just donated money to Fundrise with no way to get it back. That's quite an investment scheme! This fact wasn't brought to my attention at the time I invested several years ago. I'm now reporting them to the Federal Trade Commission and the Attorney General for fraud.
Steve F.
I have been with them for 2 years and slowly made a little money only to lose all the gains and then some one day when I signed in. Now, they changed the IRA waiver fee policy to state I need $25K to waive it when it used to be just invest $3500 a year in the IRA to waive it. I have no choice now but to liquidate and lose yet another 1% in fees. Meanwhile, I am sure they are going to charge me additional fees while they hold my money and decide when to return it. This is a big scam, so avoid them!!
Ian A.
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.
Neal
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.
