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.
Hidden fees
Not very obvious on the buying side but when you go to exit your positions later just know that arrived charges a 2% transaction fee based on whatever price you sell at , so just know that every property you invest in at $10 a share that you’re going to immediately lose 2% back to the bank on the flip side . So you need it to appreciate at least 2% in value for you to break even . That being said they pay an okay dividend , there is a fund that is real estate debt paying at 8.1% but most of their other returns are maybe 4% , given that , the transaction fees they charge and relative illiquidity of being able to buy and sell (they only let you sell during specific windows , not all the time.) If you want same returns with less hassle I would look into REITs on the open market.
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Be Careful
Very, hard to liquidate. Only do this if you are ready to not touch the money you invest at all for years and years and years.
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Lower than advertised yield and difficult app
While the business model makes sense conceptually, the actual yield is much lower than the stock market. The app is very hard to navigate when looking for active orders
