Fundrise is an easy-to-use real estate platform for investing in private real estate, private credit, and venture capital. The platform accepts clients regardless of annual income or net worth, making real estate investing more accessible to a broader group of investors.
Business Insider’s personal finance team compared Fundrise to the best real estate investing apps. We found it to be an industry-leading platform for non-accredited investors to access affordable REITs with flexible liquidity.
Fundrise allows you to invest in commercial real estate projects across the US.
$10
0.85% for real estate (additional 1% and $125 for IRAs)
Fundrise is one of the best real estate investing apps for non-accredited investors looking for affordable crowdfunding investment options. The platform accepts clients regardless of annual income or net worth.
Fundrise is among the best real estate investing apps for non-accredited investors seeking affordable alternative investment options like private real-estate and venture capital funds. Diversifying your portfolio with real estate and similar asset classes helps mitigate risk and hedge against inflation.
Since Fundrise uses eREITs (electronic REITs) and eFunds, any investor can access the platform’s offerings. Unlike publicly traded REITs, Fundrise’s funds aren’t listed on a stock exchange. That means the assets aren’t subjected to market volatility but are less liquid.
With Fundrise, you get exposure to the real estate market without having to buy properties or become a landlord. For $10, you can open a personal investment account. Fundrise IRAs have a $1,000 minimum requirement.
Fundrise Pro users can access custom plans and direct investments for $10 a month (or $99 a year). You don’t need to be an accredited investor to become a Pro member.
Fundrise is available on desktop or mobile to monitor asset growth, review market trends, set project alerts, and generate passive income. The platform also offers auto-invest features so that you can set up periodic investments with a $10 minimum.
Keep in mind that Fundrise investments are intended for those with a time horizon of at least five years. That said, Fundrise does allow you to cash out anytime, even if you don’t reach the five-year minimum. This is rare for a real-estate investment platform. You can still be charged a 1% penalty on early withdrawals from certain fund options.
Fundrise offers personal investment, joint, IRA, entity, trust, and advisor-assisted accounts.
After entering your email address, Fundrise asks you a range of questions, including your primary goal with Fundrise, desired length of investment, current annual income, and how much you plan to invest with Fundrise each year.
Fundrise then recommends one of its four plan options, which mix eREITs and eFunds:
Fundrise is transparent about each plan’s strategy, allocation, and asset classes. If you don’t agree with the recommended plan, Fundrise allows you to select a different one.
Next, Fundrise requires you to enter your personal information, including your phone number, legal name, address, Social Security number, and date of birth.
Fundrise compares its eFunds and eREITs to mutual funds of alternative assets. Regular Fundrise investors get exposure to eFunds and eREITs through their Fundrise plan. Pro members investors can directly invest in eFunds (more on Pro members below).
Registered Funds:
Strategy Funds:
You must be an accredited investor to access some of Fundrise’s exclusive funds. You can verify your accreditation status by uploading the required documentation to Settings > Advanced Options > Accreditation.
Fundrise Premium Funds (accredited only):
A Fundrise Pro membership allows you to customize your investment plans, invest in specific funds, pick and choose your ideal allocations, and update your portfolios as your goals change.
As a Pro member, you can access expert-level data from Basis™ — Fundrise’s proprietary property management data warehouse — and leading market research from John Burns Research and Consulting. Moreover, Pro members can access selective paywalled content from leading news sites like the Wall Street Journal.
Fundrise allows you to try out Pro for free for 30 days.
You can open a traditional, rollover, or Roth IRA and invest in the same Fundrise-directed plan options as a general investing account. Fundrise’s IRA custodian is Inspira Financial Trust, LLC.
Fundrise IRAs charge a $125 annual fee, but you can get that waived by:
Fundrise requires a minimum for a general investing account with a 0.15% annual advisory fee. To be a Pro member, you’ll be charged $10/month (or $99/year). IRAs require a $1,000 minimum.
Management fees vary by fund option. Fundrise real estate funds charge an annual 0.85% management fee. To invest in the Innovation Fund, you’ll pay an annual flat 1.85% management fee. IRAs charge a 1% annual fee and a $125 annual fee.
Fundrise has received an A+ rating from the Better Business Bureau. Fundrise is a BBB-accredited business, meaning it upholds the BBB’s standards of trust, in regards to integrity, honesty, transparency, and responsiveness.
On August 22, 2023, the SEC settled charges with Fundrise originally filed against the business in 2016, claiming that Fundrise violated compliance requirements related to working with content creators. Fundrise neither admitted nor denied these allegations but agreed to pay a $250,000 civil penalty.
CrowdStreet offers institutional-level investments (those that are usually available to public entities and larger-scale investors) in commercial real estate.
$25,000
0% investors; 1-5% fee for sponsors; 0.25% to 2.5% tailored portfolios
CrowdStreet is one of the best real estate investing apps for accredited investors who want access to commercial real estate-backed equity and debt investment opportunties.
Fundrise and CrowdStreet are great for short-term real estate assets and other alternative investment options. However, they differ regarding fees and access.
Fundrise is better for investing in cost-effective real estate, private credit, and venture capital funds. It’s also better for non-accredited investors, as most of Fundrise’s investment options are available to all investors regardless of accreditation status. Crowdstreet only accepts accredited investors and has much higher minimum requirements.
Crowdstreet is better for those interested in automated, tailored portfolios of commercial real estate investments. Investors aren’t charged fees to register or access real estate listings. But you must be accredited and meet the $25,000 minimum to open an account.
Yieldstreet offers investments in real estate, shipping vessels, legal settlements, art, and financial instruments
$10,000
0% to 2.5%
Yieldstreet is best for experienced, high-income/high-net-worth investors, but folks who don’t have six figures to invest in should look elsewhere. Yieldstreet is one of the best real estate investing apps for folks interested in real estate and alternative investments.
Like Fundrise, Yieldstreet is a popular real-estate investing platform for accredited and non-accredited investors. Although they both offer real-estate assets, the platforms differ regarding investment options, minimum, fees, and access.
Compared to Fundrise, Yieldstreet is a better choice for overall alternative investing. In addition to real estate assets, Yieldstreet offers alternative assets including fine art, short-term notes, and multi-asset class funds. However, its minimum investment is significantly higher than Fundrise’s (Yieldstreet requires a $10,000 minimum). Non-accredited investors can only invest in Yieldstreet’s Alternative Income Fund.
Therefore, Fundrise is the better (and more affordable) option for non-accredited investors who can access most of Fundrise’s investment options.
Fundrise was reviewed using Business Insider’s rating methodology for investing platforms to examine the different account types offered, pricing, access, ethics, security, and overall customer experience. Investing platforms are given a rating between 1 and 5.
Real estate investing apps generally offer user-friendly sites for education and market access. Some investing platforms are generally better for beginners or passive investors, while others are best for experienced and active traders. Fundrise was evaluated based on how well it performed in each category.
Fundrise is a good investment platform for low-cost real estate, private credit, and venture capital funds for short-term cash flow and long-term appreciation.
Fundrise’s fees include an annual 0.85% annual management fee and a flat 1.85% management fee for the Innovation fund. IRAs charge a 1% annual fee and a $125 annual fee. A Pro membership charges $10 per month.
Yes, you can withdraw your money from Fundrise at any time, even if you don’t meet the five-year minimum. You may still be charged a 1% penalty on early withdrawals from certain fund options.
Jump to
Every time publishes a story, you’ll get an alert straight to your inbox!
Look out for an alert in your inbox the next time publishes a story!
Every time a new story is published, you’ll get an alert straight to your inbox!
Look out for an alert in your inbox the next time a new story is published!
By clicking “Sign up”, you agree to receive emails from Business Insider. In addition, you accept Insider’s Terms of Service and Privacy Policy.