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 RealtyShares . 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 RealtyShares 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 RealtyShares.
Being an accredited investor is often required from real estate crowdfunding
Unfortunately, both PeerStreet and RealtyShares require you to be an accredited investor.
Unfortunately, neither PeerStreet and RealtyShares offers a private REIT.
|Review||PeerStreet Review||RealtyShares Review|
Overall rating as by Investor Junkie.Rating
|Commissions & Fees|
|Ease of Use|
|Amount of Deals|
|Promotions||None||$100 cash bonus when you enter "partner100"|
|Account Fees||0.25% - 1.0% setup fee||1% on equity; up to 2% interest rate spread on debt|
|Investment Length||6 - 24/months||6 - 120/months|
|Regions Served||50 States||Not available in AK, NV, ND, SD, VT|
|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.
RealtyShares is an online investment platform that specializes in real estate investments. It focuses on smaller business investments, including single-family house flips. RealtyShares has a large amount of investment type options, though the investments are illiquid.