A Quick Update on Fundrise

The investing minimum is now a staggeringly low $10

A little while back I wrote an article on Fundrise, touching upon my experience using the platform and recommending it for investing.

Since then, Fundrise has taken drastic steps followed by an announcement earlier this week.

Before I get to their announcement, I am still a user of Fundrise and recommend it. I believe it is a great way to gain exposure to the real estate industry and access to alternative investments.

Below is my review of Fundrise as a whole:

Fundrise’s Announcement: $10 Minimum

Previously, to invest with Fundrise you needed a minimum deposit of $1,000 to create an account.

As of today, you only need $10.

That is a ridiculously low amount. Everyone I know has $10 in their bank account and can start investing in real estate.

The traditional ways of investing in real estate are by owning a house or having a large sum of money.

Fundrise, along with other real estate syndication platforms, has brought access to real estate investing to millions of people.

Now, Fundrise has enabled even more people to have access to real estate investing by lowering the minimum balance needed to create an account to just $10.

And at a perfect time, home prices are at all-time highs.

Part of the reason I started investing in Fundrise was to learn about the real estate industry to one day be knowledgeable enough to invest a great sum of money into it.

I think the best teacher in life is experience. Lowering the minimum deposit to $10 affords many people the opportunity to learn about real estate if they so desire to.

Here is the link to the different tiers of account levels. The more you deposit, the more features you have available.

If you are interested in Fundrise, I would suggest reading my overview. If you aren’t interested, I still hope you have an enjoyable day.