RealtyMogul
Community Rating
Fees: Investment-dependent. The Income REIT has a maximum fee of 4.5%, while the Apartment Growth REIT has a maximum annual fee of 4.75%.
Minimum Investment: Investment-dependent. The REITs require a minimum investment of $5,000, whereas individual projects have minimums ranging from $25,000 to $35,000.
Accredited Investors Only: No
Why We Chose It
Pros & Cons
REIT funds offer non-accredited investors a diversified investment portfolio of private real estate deals
Diverse selection of individual projects
Projected high rates of return
Might be difficult to invest through an IRA
The website is opaque and difficult to navigate
Fees are relatively high
Overview
RealtyMogul is a clearinghouse for commercial real estate investments offered by multiple real estate companies. The RealtyMogul website currently displays seven offers, with details for each project available after creating a login and password. The number of individual project offers varies, while the REITs are always accessible. Accredited investors can invest in private placement offerings, while both accredited and non-accredited investors can access two RealtyMogul real estate investment trusts (REITs).
All project and REIT information is available online, although users need to navigate through several pages to get comprehensive details on each offer. The description pages of individual offers are dense, which is suitable for those seeking in-depth particulars of the projects. Investors should take note of the lock-up period for REIT investments. The REITs are eligible for share repurchase after 12 months, but investors will only receive the full redemption value if the fund is held for a minimum of three years.
Founded in 2012, RealtyMogul is headquartered in Los Angeles, California, and serves over 280,000 members.
Great Platform
RealtyMogul stands out with its wide range of investment opportunities in real estate. The platform is intuitive, and the detailed property insights make it easy to invest wisely. Returns have been strong, and support is excellent. A top choice for real estate enthusiasts!