15 Best Fundrise Alternatives for Real Estate Investing in 2024

Do you want to invest in real estate? Then, you must have heard of one of the best crowdfunding platforms, Fundrise. Still, having more options is good since people have different investment goals. To make the most suitable choice, check these Fundrise alternatives. 

Fundrise is a crowdfunding platform that makes real estate investment accessible to non-accredited investors in the United States. It is among the pioneer companies that made real estate investments available to the common masses, bringing down the initial investment price to only $10.

Fundrise is a private REIT (Real Estate Investment Trust) that aggregates the funds of small investors to buy properties. The company then manages and recapitalizes these properties to generate returns for the investors.

The past years have seen the rise and popularity of real estate crowdfunding companies; thus, investors have easier access and less risky ways of starting or diversifying their portfolios. Even if you have little money or are not an accredited investor yet, you can invest in real estate crowdfunding. 

This article will list the top Fundrise alternatives for your consideration as you explore new real estate investment options. 

Why Fundrise Alternatives?

While Fundrise may be a good choice for investors, it’s certainly not the end all be all. You may read our detailed Fundrise review for more details.

Open An Account At Fundrise

To learn more about the platform, here are some points to consider before investing with Fundrise:

Pros of Fundrise

  • The platform is open to non-accredited investors, and you can start as low as $10.
  • It is better than investing in stocks and bonds and helps diversify your portfolio.
  • The company’s financial advisory team makes all the investment decisions after proper evaluation.
  • The company manages investments, so there’s no hassle for the investor.
  • You can track your project’s milestones through the online platform.
  • Fundrise offers a variety of investment strategies ranging from safe to high-risk and high-growth.

Cons of Fundrise

  • Customer support is only available through email.
  • Redemption fees apply for some properties if you try to cash out before 5 years.
  • The investment is illiquid.
  • There are no guaranteed returns.

15 Fundrise Alternatives to Diversify Your Investment Portfolio

The real estate crowdfunding ecosphere has grown tremendously over the past few years. 

Here are the top 15 Fundrise alternatives to build a diversified portfolio. 

1. EstateGuru 

EstateGuru is a Pan-European online marketplace for real estate financing and investing. It facilitates property buying to SMEs by providing property-backed P2P loans.

The marketplace allows investors to pool money for a single property online, which the company lends out as a loan. The investors earn a percentage return when the borrower repays their loan. 

Since 2014, EstateGuru has funded around €680 million with an average loan size of €140,000 and served 100,000+ investors from 100+ countries worldwide. 

Other key features of EstateGuru include:

  • Minimum investment: €50 (around $50)
  • All loans are secured with a mortgage.
  • The company takes real estate security on every loan to reduce risk in your investment.

Read the complete EstateGuru review here.

Join EstateGuru Today >>

2. Reinvest24

Reinvest24 is an online platform that deals in equity-based crowdfunding, which means each investor who pools the money for buying the real estate holds a share in the property. 

Equity investing is an excellent deal for the investor as each shareholder receives a portion of the rental income distributions. When the property is sold after the predefined period, you profit from the property’s capital growth. 

There has been €35 million worth of projects funded, and investors have been repaid for about €17 million. That is a 15.12% yield for a total of 209 projects funded through Reinvest24.

Other features of Reinvest24:

  • Minimal investment: €100
  • A large diversity of projects
  • Easy-to-use platform

Read the complete Reinvest24 review here.

Open An Account At Reinvest24

3. DiversyFund

Diversyfund is a crowdfunding platform that offers institutional-level commercial real estate investing. The company mainly focuses on multifamily assets for real estate growth.

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Some key points that should help you decide on investing with DiversyFund include:

  • Minimum Investment: $500
  • 2% management fees
  • Available to non-accredited investors
  • Access to commercial real estate but with limited investment choices
  • Investments are highly illiquid.
  • The company keeps reinvesting the distributions until the property is sold.

Read the full Diversyfund review here.

4. Groundfloor

Groundfloor is a real-estate debt investment platform. It is available to accredited and non-accredited investors within and outside the US. 

The investments are short-term with a high yield and are more suitable for passive investors.

Other key features of Groundfloor investment:

  • Minimum Investment: $10
  • No management fees.
  • The investment term spans 6 – 18 months and can be as short as 30 to 90 days.
  • Average investment returns are more than 10%.

Read our full Groundfloor review here.

Try Groundfloor Today!

5. Acorns

Acorns is a savings and cashback app that keeps the spare change from your shopping and automatically saves them in your account wallet. These savings are then utilized for investment purposes.

Portfolios include exchange-traded funds (ETFs) managed by professionals from world-class investment firms like Vanguard and BlackRock.

Other noteworthy points about Acorns:

  • Minimum Account Balance: $0
  • Monthly fees: $3 – $5
  • Offers cashback at some retailers like Nike, Chevron, Kohl’s, etc.
  • Automatically invests the spare change.
  • Option to add a percentage of a Bitcoin-linked ETF to your portfolio.

Read the complete Acorns review here.

Get My $20 Bonus Here >>

6. RealtyMogul

RealtyMogul is a real estate crowdfunding platform open to accredited and non-accredited investors. Its investment options include REITs, single properties, and 1031 private placements.

Other vital features of RealtyMogul are: 

  • Minimum Investment: $5,000
  • 1 – 1.25% management fees.
  • You can use a self-directed IRA (SDIRA) to invest in commercial real estate.
  • For each property listing, Realty Mogul performs its own due diligence.

Read the full RealtyMogul review here.

Join RealtyMogul Today >>

7. CrowdStreet

CrowdStreet makes investing in commercial real estate easier by reducing investment costs. 

CrowdStreet allows you to diversify your investment portfolio with options like senior living, student housing, multifamily, medical offices, self-storage, industrial, and build-to-rent.

The company focuses on capital regrowth and is only available to accredited investors. 

Some other noticeable features of CrowdStreet include:

  • Minimum Investment: $25,000
  • Annual fees for each project range from 0.50 – 2.5%
  • Investors have to do their own due diligence for each investment listing.
  • No fee to register on the platform
  • Investments are highly illiquid.

Read the full Crowdstreet review here.

Join CrowdStreet Today >>

8. Streitwise

Streitwise offers investment in professionally managed real estate investment trusts (REITs). The platform offers investment opportunities to both accredited and non-accredited investors within the US and abroad. 

Streitwise also accepts cryptocurrency payments from investors, like Bitcoin and Ethereum. The platform is also accessible through the iOS app.

Some key points to consider before investing with Streitwise:

  • Minimum Investment: $5,000
  • 2% annual management fees
  • Self-directed IRAs (SDIRAs), trusts, and company accounts are available.
  • You can’t choose the properties you invest in.
  • 9.2% dividend average

Read the full Streitwise review here.

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9. EquityMultiple

EquityMultiple offers professionally managed real-estate investment to accredited investors. 

The property types offered by EquityMultiple are institutional-level commercial real estate, equity, preferred equity, and senior debt.

Other points to consider before investing with EquityMultiple:

  • Minimum Investment: $5,000
  • Management fees vary but are typically 0.5%.
  • Options of self-directed IRAs, LLCs, trusts, LPs, and joint accounts

10. Yieldstreet

Yieldstreet is a crowdfunding platform that offers real estate and other investment options like marine projects, arts, legal deals, and commercial loans. 

Although non-accredited investors can invest with Yieldstreet, most options are only available to accredited investors. 

Some key features of Yieldstreet’s investment:

  • Minimum Investment: $2,500
  • 0 – 2.5% management fees
  • You can invest in Yieldstreet through a Self-directed IRA (SDIRA), trust, LLC, or a solo 401(k).
  • Investments are illiquid.

11. Cadre

Cadre is a real estate investing platform for individuals with high net worth. In addition, the marketplace offers institutional quality investments, including the chance to invest in opportunity zones.

Cadre focuses on producing better results and has a very selective range of properties only in the high-growth market.

Other important features of Cadre are:

  • Minimum Investment: $25,000
  • Available only to accredited investors
  • A historical return rate of 27.5%
  • Doesn’t guarantee liquidity

12. Modiv

Modiv is one of the top Fundrise alternatives and offers investments in commercial real estate through REITs. 

Modiv’s REIT is publicly registered; it submits an annual audit to the Securities and Exchange Commission (SEC). The company’s dealing is thus more transparent than other platforms we’ve mentioned.

However, it is essential to note that the company’s REITs are not publicly traded, making it more challenging to sell the shares than publicly traded REITs.

Other notable features of Modiv are:

  • Minimum Investment: $1,000
  • 3% of the investment goes toward fees
  • Open to non-accredited investors
  • Share repurchase program available
  • Provides monthly dividends
  • Investment choices are limited

13. PeerStreet

PeerStreet is a peer-to-peer (P2P) platform that offers real estate debt investments. As the borrowers repay their loans with monthly interest, the lender receives their share of the payments.

The loans are secured through deed mortgages to mitigate investment risks. The loans are sourced through private brokers and lenders. 

Other important points to note about PeerStreet are:

  • Initial Investment: $1,000
  • 0.25 – 1.0% set-up fees
  • Fixed-income returns
  • Wide range of offerings
  • Investments across: lenders, borrowers, asset classes, terms, and LTV ratios

14. RealtyShares

RealtyShares is an online investment platform focusing on real estate projects in the housing market like single-family house flips and other investments. 

The investors can choose how to invest in the properties, either with equity investments or real estate loans. The website collects data and provides year-end tax information as well.

Other features of RealtyShares include:

  • Minimum Investment: $5,000
  • Account Management fees: 1% on equity; 2% rate spread on debt
  • Available to accredited investors only
  • Passive investments
  • Equity investment distributions are given monthly; debt investments pay out quarterly.

15. Roofstock

Roofstock is an online platform that offers buying and selling of single-family rental properties (SFR). It offers a more active investing approach and pairs you with a vetted property manager overseeing your property’s day-to-day operations.

Other note-worthy features of Roofstock include:

  • No minimum deposit
  • Accredited investors require at least $5,000 to buy shares.
  • $500 or 0.5% of the contract price for offers on properties
  • You can use a self-directed IRA (SDIRA) to buy shares with a retirement account.

Frequently Asked Questions (FAQs) – Fundrise Alternatives 

Has Anyone Made Money With Fundrise?

Yes, people do make money with Fundrise

According to Fundrise, the average annualized returns for the platform from 2017 to the third quarter of 2021 were between 7.31% and 16.11%.

Which Is Better, Yieldstreet vs. Fundrise?

Which platform is better depends on the individual investor’s needs. For example, Fundrise is better for non-accredited investors looking for lower minimum fees and high-than-average results. 

Yieldstreet suits accredited investors with higher minimum investment, risk tolerance, and more investment offerings.

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Which is Better, DiversyFund vs. Fundrise?

DiversyFund and Fundrise are both great crowdfunding investment platforms. 

However, Fundrise has a long track record; it even lets you invest with a lower initial investment ($10) compared to DiversyFund ($500). Fundrise also offers more advanced investment strategies and investment options to investors. Therefore, many consider Fundrise to be the better option.

What’s best for you depends on your personal preferences, of course.

Can You Trust Fundrise?

Fundrise was founded in 2012 and has been operational for 10 years. The company has a proven track record and has paid its investors over $194M in dividends. 

All this proves that you can trust the platform.

Conclusion – Fundrise Alternatives 

Real estate crowdfunding is an easy and excellent strategy to diversify your portfolio. You don’t need to be an accredited investor or to have a lot of money to start investing with crowdfunding platforms such as Fundrise.

With the Fundrise competitor companies listed above, you have more options on where to put your investment bucks. Depending on your financial goals and investment preferences, you can choose one or more platforms.

Good luck in your foray into real estate investing!

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