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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…