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 PeerStreet and CrowdStreet . 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 PeerStreet and CrowdStreet 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, PeerStreet minimum investment of $1,000 is smaller than the deposit of required by CrowdStreet.
Being an accredited investor is often required from real estate crowdfunding
Unfortunately, both PeerStreet and CrowdStreet require you to be an accredited investor.
Unfortunately, neither PeerStreet and CrowdStreet offers a private REIT.
|Review||PeerStreet Review||CrowdStreet Review|
Overall rating as by Investor Junkie.Rating
|Commissions & Fees|
|Ease of Use|
|Amount of Deals|
|Account Fees||0.25% - 1.0% setup fee||None|
|Investment Length||6 - 24/months||36 - 360/months|
|Regions Served||50 States||50 States|
|Self Directed IRA|
|Sign Up||Sign Up|
Despite the low minimum initial deposit requirement, PeerStreet is not an investment platform that will work for most investors, and certainly not small investors. PeerStreet will appeal to certain high asset, high-risk investors, but it is not a platform for the average investor.
CrowdStreet is a commercial real estate technology and services company that provides direct access to specific real estate investment opportunities. Although there are limitations on who may invest, CrowdStreet offers a wide selection of both equity and debt investment deals chosen with strict standards.