UPDATE: On July 3, 2022, I received an email informing me that "...your liquidation request has been processed. The funds should settle within the next five business days." On July 5, 2022, the full amount was deposited into my bank account. Transaction complete!
Five years ago, I put together a video and blog post explaining how Fundrise works, and I invested $1,000 with this real estate crowdfunding platform.
Since then, I've been tracking the progress and returns by putting together an annual blog post and video reviewing the dividends and how much the money has grown. You can see each of those annual reviews here if you want to get caught up on where this has been.
Note: I will return to this video and update this description once I receive the funds from my $1,000 withdrawal request. I expect it sometime in July/August of 2022.
0:00 - Intro 0:11 - What is Fundrise? 0:44 - Why Fundrise? 0:54 - What’s so hard about being an accredited investor? 1:32 - Why do I make these annual review videos? 2:15 - Why this year is so important (the 5 year milestone) 2:54 - Is there a penalty for early redemption? 3:06 - The new “Starter” account with a $10 minimum 3:25 - The consequences of automatically reinvesting dividends 4:06 - I’ll try to answer your questions! 4:19 - This is NOT an endorsement of Fundrise 4:48 - Why invest with Fundrise? 5:42 - Affiliate Disclaimer 6:02 - Invest at your own risk! 6:35 - Review begins! 10:32 - Performance: Overview of the annual returns 11:52 - How does it compare to the stock market? 12:54 - Portfolio Overview: The dividends were reinvested 13:41 - Where are all the projects and properties located? 13:56 - Transaction Overview 14:40 - An explanation of the 5-year holding period 15:48 - Should I withdraw my principal investment? Let’s do it! 16:50 - Watch me redeem my shares. How difficult is it? 21:12 - No guarantee on redemption? I don’t like this. 22:07 - Tracking the progress of the transaction 22:31 - It takes a surprisingly long time for them to process the request
It's been a lot of fun seeing how much engagement and attention these videos have gotten on YouTube. Of course, my goal with these videos is not to make a case that you should be investing with Fundrise. My goal is to simply show you how the website works and, most importantly, what the actual returns look like each year.
Disclaimer: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on REtipster.com. All opinions are my own. The information contained herein neither constitutes an offer for nor a solicitation of interest in any securities offering; however, if an indication of interest is provided, it may be withdrawn or revoked, without obligation or commitment of any kind prior to being accepted following the qualification or effectiveness of the applicable offering document, and any offer, solicitation or sale of any securities will be made only by means of an offering circular, private placement memorandum, or prospectus. No money or other consideration is hereby being solicited, and will not be accepted without such potential investor having been provided the applicable offering document. Joining the Fundrise Platform neither constitutes an indication of interest in any offering nor involves any obligation or commitment of any kind. 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.
