Quote:
Originally Posted by chiefforlife
Interesting. What kind of fees are we talking about?
Wont the housing/real estate market take a hit with rising interest rates?
Inflation would also effect buying power in a negative manner.
It sounds good at first glance but I definitely have some questions. 2021 was an exceptionally good year for this kind of thing but big changes are on the way. Does that concern you?
|
Fees are pretty low, especially for a REIT investment fund. If you click the link you get 90 days fee free.
Interest hike will eventually hurt buyers- but I don't think it will hurt their funds. They are adding new property portfolios every few weeks. They also have loans they have made on properties that pay a straight income stream.
If you need instant liquidity- then this probably would not work for you. It takes a while to cash out.
Here are the fees.
What are Fundrise’s fees?
Account fees
We charge 0.15% in annual advisory fees for managing your account through our online platform. We do not charge any transaction fees, sales commissions or additional fees for enabling features on your account, such as dividend reinvestment or auto-invest.
There may be costs associated with redeeming depending on when the request is made.
Fund fees
We charge 0.85% in annual management fees for managing the real estate funds (eREITs/eFund) that make up a Fundrise portfolio.
In addition, we could potentially charge other fees, such as development or liquidation fees, for our work on a specific project.
Dividends earned are net of any fund fees.
To learn more about fees at Fundrise, read our full blog post.