Real estate crowdfunding has been a popular investment option for many people over the years. There are more applications and services being added to the list every month. Our goal is to bring you the most honest, simple, and informative reviews. Turns out, users also want to compare specific applications.
This review compares EquityMultiple and Sharestates . The better service depends on your needs. Let's dive in!
According to our readers (you!), when it comes to real estate crowdfunding, people
care most about the minimum investment required, whether they need to be an
accredited investor, and whether or not the software has support private reits.
Let's look at how EquityMultiple and Sharestates stack up
against each other on these threads.
To start, we will consider the minimum investment required for both applications. In other words, how much does one need to invest to use the service? Out of the two, Sharestates minimum investment of $1,000 is smaller than the deposit of required by EquityMultiple.
Being an accredited investor is often required from real estate crowdfunding
Unfortunately, both EquityMultiple and Sharestates require you to be an accredited investor.
Unfortunately, neither EquityMultiple and Sharestates offers a private REIT.
|Review||EquityMultiple Review||Sharestates Review|
Overall rating as by Investor Junkie.Rating
|Commissions & Fees|
|Ease of Use|
|Amount of Deals|
|Account Fees||0.5% service charge plus 10% of all profits||0-2% setup fee|
|Investment Length||12 - 120/months||6 - 24/months|
|Regions Served||50 States||AL, AK, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV and WY|
|Self Directed IRA|
|Sign Up||Sign Up|
EquityMultiple is a platform designed to help accredited investors take advantage of commercial real estate deals. Each institutional-quality deal is thoroughly vetted and presented in a transparent, thorough manner. The company's individual equity programs also offer unlimited upside, and customer service is sterling. However, EquityMultiple is available only for accredited investors, and some might find the minimum investment steep in comparison with other crowdfunding platforms out there.
Sharestates is a real estate crowdfunding service. You can invest in debt, residental or commercial properties. It requires only $1,000 to start investing. However, you must be an accredited investor to participate, and it has a 2% annual fee.