No liquidity - better put your money on a HYSA
Just like a car, you’ll lose around 12% of your money as soon as you press buy. Even if their “valuation” yields no gain, the fact that there is no liquidity in the secondary market means you have to sell for a 10% discount at best. Take into account they will also take 2% after that. The only way to make money is through dividends that are comparable to a high yield savings account. At least with a HYSA you don’t lose 12% of your money when you withdraw.
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EEstebanfg1999
Important to know you can’t sell when you want!
Whatever money you invest has a grace period of I believe 6 months for it to be able to sell. There is limited windows when you can sell shares in your property and if they don’t sell to other users during this few days guess what your stuck with your investment till another window opens up! This I money trap scam. If you have money you don’t care about and want slow long term growth go for it. If you ever want to cash out or just close the account there is no way to do so only if you sell all your shares during there designated window. Please whatever money you invest consider it locked up.
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VVdubbing
Exit Costs Larger Than Dividends
The app is good and the concept is great, but making a net profit or even breaking even isn’t likely.
If you want to sell off and exit, you have to wait for a “secondary market” period. Unfortunately, when it finally arrives, it’s always full of others looking to fully exit. So that $10 share sells for about $8, on top of another fee to Arrive for each share sold. Your dividend gains will never equal more than your losses on exit in this buy/sell environment.
If you do want to invest though, take advantage of others who’ve already made the mistake and buy only in the secondary market for a discount.
If you want to sell off and exit, you have to wait for a “secondary market” period. Unfortunately, when it finally arrives, it’s always full of others looking to fully exit. So that $10 share sells for about $8, on top of another fee to Arrive for each share sold. Your dividend gains will never equal more than your losses on exit in this buy/sell environment.
If you do want to invest though, take advantage of others who’ve already made the mistake and buy only in the secondary market for a discount.
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NNivisec
My Worst Investment To Date
I’m always looking for new ways to invest, diversify, & grow my money. Arrived sounded like a really intriguing way to dip into the real estate market & the income potential sounded reasonable enough to give it a go.
Exactly FOUR years ago (2022), I decided to dip my toe in to get a feel for the process, and the financials of it all. As recommended, I diversified my $1,500 trial cash into four properties (3 rentals & a vacation property).
At this time - again, FOUR years later, I’m sitting around a value of $1,244. I recently cashed out the $75 in dividends I’d earned over the course, so you could count the total value at $1,319. Meaning, over the course of my four year investment with Arrived, I’m negative $181. I have yet to go positive at ANY point.
Had I put this money in practically anything else, I’d be better off.
Now I just have to figure out how to get out of this mess. From what I’ve seen, I’ll be forking over another percentage when I sell during the “selling window”. Until now, I’ve only kept the investment there looking at it as “lost money”, but now I’m looking to put it to better use elsewhere.
All this being said, the App may be great & “beautiful” as so many of the suspicious reviews state, but the “service” itself has been abysmal in my experience. Somebody must be making money here, but it isn’t me!
Exactly FOUR years ago (2022), I decided to dip my toe in to get a feel for the process, and the financials of it all. As recommended, I diversified my $1,500 trial cash into four properties (3 rentals & a vacation property).
At this time - again, FOUR years later, I’m sitting around a value of $1,244. I recently cashed out the $75 in dividends I’d earned over the course, so you could count the total value at $1,319. Meaning, over the course of my four year investment with Arrived, I’m negative $181. I have yet to go positive at ANY point.
Had I put this money in practically anything else, I’d be better off.
Now I just have to figure out how to get out of this mess. From what I’ve seen, I’ll be forking over another percentage when I sell during the “selling window”. Until now, I’ve only kept the investment there looking at it as “lost money”, but now I’m looking to put it to better use elsewhere.
All this being said, the App may be great & “beautiful” as so many of the suspicious reviews state, but the “service” itself has been abysmal in my experience. Somebody must be making money here, but it isn’t me!
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RRobNh00d
Don’t do it
They make it so difficult to withdraw your money and close your account. I recommend just using a real brokerage and getting a real estate etf. This isn’t worth it.
Ttrejspr
