Which real estate crowdfunding fund should I pick?
Updated: Apr 22, 2020
A step-by-step guide for the every-day, non-accredited investor.
(Usual disclaimer: I'm an investor and not a registered financial advisor or attorney. Consult your own financial professional before making any financial decisions. Everything on this site is my personal opinion only. Code of Ethics: We do not receive any money from any sponsor or platform for anything, including postings, reviews, referring investors, affiliate leads or advertising. Nor do we negotiate special terms for ourselves above what we negotiate for the benefit of members.) IMPORTANT COVID-19 UPDATE: this info was posted before anyone knew we would be facing a global pandemic in the spring of 2020. So it may be missing crucial information necessary to making an effective investment today. Some of the information in it may be dated, no longer accurate and/or irrelevant. For information on analyzing investments in this new era, see: "How will Covid-19 / Coronavirus Affect my Alternative Investment Portfolio?"
It can be confusing for a new investor to figure out what real estate crowdfunding investment is best for them. With 14 different funds listed in the 2017-2018 Fund Awards and Reviews, there's an awful lot to process and choose from. So I wrote this newbie guide to show you my way of sorting through the noise and coming up with a good investment strategy. (If you're an accredited investor, you have access to many more and better options than the vast majority of these funds. Check out the accredited investor guide to picking deals.)
No cash, no play.
First, let's take a step back. Do you have 3 months worth of salary stashed away in cash equivalents for emergencies? If you don't, then please STOP and don't even think about inves