Cityfunds

Cityfunds

Own Your Favorite City

60 ratings
21 reviews

Archived App

This is an archived listing of the app previously available on the App Store.

Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.

Details

  • Released
  • Updated
  • October 10, 2022
  • November 1, 2024

Features

Cityfunds screenshot #1 for iPhone
Cityfunds screenshot #2 for iPhone
Cityfunds screenshot #3 for iPhone
Cityfunds screenshot #4 for iPhone
iphone
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About

Invest in residential real estate by owning a stake in home equity within specific cities. Explore markets, connect your bank, and build wealth through diversified portfolios focused on asset appreciation.

Invest in city-specific home equity
Diversified REIT-structured portfolios
Explore real estate markets
Connect bank accounts securely
Build wealth through real estate
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What's New in Cityfunds

2.3.2

November 1, 2024

Bug fixes and updates

User reviews

No way to withdraw

I’m not liking the fact that I can’t withdraw my funds. I really want to close my account. Nada is not what I expected. I’m beginning to feel that this is a scam but I’m not sure.

Beware

No way to liquidate or sell once you “invest”. Until Nada lets you freely get return on your investment, then this app is more than likely a scam. You just hand your money to them and they keep it. There is no incentive for them to give it back with the capital you gained, or to even give back your original investment at all. Also weird to see that there aren’t many reviews and that for some reason they are always five stars. I’m sure I’m not the only one who feels this way.
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RE Investing Made Simple

Easy to use app to get up and running in residential real estate!

Response from developer

Thank you! Glad you have had a smooth experience so far.

Novel & Different way to benefit from Real Estate

Previously the only way to benefit from residential real estate appreciation was by owning a property. NADA has figured out a way for the average investor to benefit from real estate price appreciation without having to purchase an entire house. Purchase fractional interest in residential real estate equity. Brilliant!!
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Response from developer

Thank you! We are excited to hear you are having a good experience so far and happy to have you onboard.

So far so good

So far everything is working out perfect. Everything seems very simple and pretty self explanatory. I am just wondering when the fund will be available for interest earnings or dividends.

Response from developer

Hi there, we are glad to hear everything is working as expected. You can read more about our dividends plan here: https://faqs.nada.co/do-you-pay-dividends Sincerely, The Nada team

FAQ

What is Cityfunds?

Cityfunds is a platform that allows individual investors to gain exposure to the home equity investment asset class within residential real estate. It offers SEC-qualified private real estate investments structured as REITs, providing targeted exposure to a single city's home equity.

How do I invest with Cityfunds?

To invest with Cityfunds, you explore their market to select cities with perceived home equity upside, create an account, and connect your bank account. You can then invest in single or multiple cities to gain exposure to their home equity markets.

What is the investment strategy of Cityfunds?

Cityfunds are designed as growth funds, focusing on accelerated asset appreciation and structured downside protection. Returns are realized through home equity asset payoff or sale.

Is Cityfunds secure?

The app allows you to connect your bank account, indicating a focus on secure financial transactions. However, specific security protocols are not detailed in the provided information.

What devices does Cityfunds support?

Cityfunds is available on iPhone, iPad, and iPod devices, as indicated by the supported devices list.

How often is Cityfunds updated?

The latest version of Cityfunds is 2.3.2, and it was last updated on November 1, 2024. This suggests a relatively active development cycle.

Does Cityfunds have ads?

Yes, Cityfunds contains advertisements. The app is listed as having ads.

What is the user rating for Cityfunds?

Cityfunds has a strong user rating of 4.5 stars based on 60 ratings, indicating generally positive user sentiment.