Getting started is pretty easy.
1. Visit Fundrise’s website, enter your email address and click “Get Started.”
2. Choose an investment plan. We like that the “Starter Plan” allows you to start investing with only $500.
3. Finish the sign-up process. If at any time during your first 90 days you’re not satisfied with Fundrise, they will buy your investment back at the original investment amount.
A busy person, Smith likes the simplicity of the online dashboard.
“It shows your earnings to date,” she explains. “It tells you when your next dividend is. It shows you the breakdown of where your money is invested. It has a risk scale that makes it pretty easy, visually, to see how much risk you’re taking on.”
Today, having earned a bachelor’s degree in finance from Georgetown, she has a job lined up at an investment bank. Any money she makes from Fundrise just gets rolled right back into real estate.
“They give out dividends every quarter, and they have an option where I can reinvest all my dividends into their portfolios,” Smith says. “That way, I can make sure it keeps going. I don’t have to actively put more money in it unless I want to.”
The publicly filed offering circulars of the issuers sponsored by Rise Companies Corp., not all of which may be currently qualified by the Securities and Exchange Commission, may be found at www.fundrise.com/oc.
Mike Brassfield (firstname.lastname@example.org) is a senior writer at The Penny Hoarder. He likes real estate.