Fundrise is an exciting new way to invest in real estate locally.
Overview. Two Washington, DC-based entrepreneurs and real estate investors/developers, Ben and Daniel Miller, have launched the Fundrise.com platform to facilitate the raising of equity capital for real estate transactions. In so doing, they are exposing once-inaccessible investment opportunities to any member of the general public with $100.00. It’s revolutionary.
How It Works. You go to Fundrise.com, select an Investment Offering (currently there is only one posted), and then learn about it by studying the wealth of information posted under the various headings: Overview, Tenant, Property, Neighborhood, Financials, and Benefits.
How To Invest. You must first be invited to be a member of the Fundrise community. You can request to be invited at the top of the webpage with the “Request Invite” button. My invitation came in under 24 hours.
Once you join, you can purchase shares in the transactions currently offered. (Always consult your professional advisors [and significant others] before making any investment…)
Voila! You’re a real estate investor.
Kudos to the Fundrise team for driving a positive change in the commercial real estate business.