Poor returns, worse service.
Like so many people, I invested in Fundrise more than 5 years ago with high hopes. In the end, the returns were nothing near what was advertised as normal “alternative investments.”. I made about 4.9% annually with less than no liquidity. The frustrating part is really when you decide to move your money. There were excuses everywhere…mergers, fund changes, etc. After waiting a year, my redemption request just went through and it was only partial! They only liquidated 1/2 my money! Stay away as you would do much better in an index fund. They will go under at some point. Lousy returns, bad customer service, no liquidity, etc. is not a recipe for success.
