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 Realty Mogul and PeerStreet . 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 Realty Mogul and PeerStreet 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?
Both Realty Mogul and PeerStreet have the same minimum of $1,000. So they are equal in this requirement.
Being an accredited investor is often required from real estate crowdfunding
services.
PeerStreet requires accreditation whereas Realty Mogul does not. If you aren't an accredited investor, then you can only use Realty Mogul.
When it comes to having support for private REITs, there is a clear division between Realty Mogul and PeerStreet. Realty Mogul does have support for private REITs, while PeerStreet does not.
Overall, Realty Mogul rates 8.5 out of 10, while PeerStreet ranks 8 out of 10. For more information on either, you can read our full reviews on Realty Mogul and PeerStreet.
Real Estate | ||
|---|---|---|
| Review | Realty Mogul Review | PeerStreet Review |
| Overall rating as by Investor Junkie. Rating | 8.5/10 | 8/10 |
| Commissions & Fees | 9/10 | 8/10 |
| Customer Service | 8.5/10 | 9/10 |
| Ease of Use | 8.5/10 | 8/10 |
| Diversification | 9/10 | 7/10 |
| Amount of Deals | 8/10 | 7.5/10 |
| Due Diligence | 8/10 | 8/10 |
| Promotions | None | None |
| Minimum Investment | $1,000 | $1,000 |
| Account Fees | 0.30% - 0.50%/year | 0.25% - 1.0% setup fee |
| Investment Length | 6 - 120/months | 6 - 24/months |
| Accredited Investor |  |  |
| Private REIT | | |
| Distributions | Monthly, Quarterly | Monthly |
| Pre-vetted | | |
| Pre-funded | | |
| Regions Served | 50 States | 50 States |
| 1031 Exchange | | |
| Secondary Market | | |
| Foreign Investors | | |
| Self Directed IRA | | |
| Debt | | |
| Equity | | |
| Preferred Equity | | |
| Direct Ownership | | |
| Commercial | | |
| Residential | | |
| Single Family | | |
Sign Up | Sign Up | Sign Up |
About Realty Mogul
Realty Mogul offers a unique opportunity to invest in real estate that’s less involved than buying a property outright on an individual basis but is much deeper in scope than investing in real estate through a real estate investment trust (REIT). It’s an opportunity to invest in real estate through a variety of close-to-home investment opportunities.
About PeerStreet
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.
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