Elevate Money

Elevate Money

Invest in real estate

48 ratings
8 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
  • June 20, 2022
  • August 29, 2023
Elevate Money screenshot #1 for iPhone
Elevate Money screenshot #2 for iPhone
Elevate Money screenshot #3 for iPhone
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About

Invest in real estate with fractional ownership and earn passive income. The app democratizes wealth creation by providing access to professionally managed real estate portfolios for all investors.

Fractional real estate ownership
Passive income generation
Professionally managed portfolios
Diversified property investments
Monthly dividend payouts
Real Estate Investment Trust (REIT) shares
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What's New in Elevate Money

1.2.4

August 29, 2023

Bug fixes and performance improvements for the Future of Housing Fund

User reviews

No ongoing support

There is no more ongoing support for this app. I have sent multiple emails to their support team with no response. The app needs to be updated to allow users to update their linked bank through plaid.

Beware— do not invest

I have been adding money over time through the app with the understanding (based on all available info through the app) that I could redeem the shares at any time. There is a clearly stated timeline stated in the app about the time it takes to redeem shares (based on when month ends). Almost two weeks after my request I get a bogus email saying that they cannot redeem the shares, return my money, nor give a timeline for when the money would be available back to me. I was hesitant to invest more and am glad I did but this is a straight up SCAM. DO NOT INVEST through this app.
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Good app but can’t login due to maintenance.

It’s taken a week to complete server maintenance so I’m the meantime I can’t invest or login. When that is complete I’ll update my review.

Sign up feature doesn’t work.

Can’t get past email, phone and password

Surprisingly consistent money maker 💰!!

Elevate.Money is HIGHLY underrated and a VERY well hidden gem. It should be way more popular and more widely distributed amongst the passive-income investor community. This company and their App are so easy and straightforward to navigate and understand. I don’t understand how anyone is claiming they’re having trouble using them. This is one of the most profitable and consistent passive income investments I own, and I have diversified my portfolio with nearly 9 different apps/companies. Dividends have grown roughly 50% for me EVERY month by merely auto depositing the recommended $50. And no, I was not “forced” to open my account with $250, as a reviewer stated in his experience. I merely changed my opening to a modest $100 with issues. Gas stations and dollar-stores are very recession proof and with the long leases, there’s a safer horizon, in my opinion. It’s unfortunate their portfolio doesn’t include more businesses, but I can see how this is an expected situation for a starting company like this. However, there’s a new collaboration between Elevate.Money x Boxable! Boxable is perhaps the most popular prefab homes manufacturer at the moment with a long waiting list close to 200k customers, so the demand is there! I’m hopeful to see a good deal in the making there. If it wasn’t for this pending addition to the company, I would have given 4*’s, but there’s clearly a growing portfolio, so the 5*’s are well deserved. I personally highly recommend this app for those wanting not just passive income with real estate collateral to anchor their investments, but I also recommend Elevate.Money for those investors who have always wanted to invest in gas stations and successful individual retail locations with proven growth, not just a ‘generic’ list of commercial locations. This is something I personally have sought for my portfolio. Customer service has been quick to respond through emails too, a factor that i take highly into consideration before recommending in a review. All in all, this company shows growth and consistent returns. I can see myself increasing my investment with Elevate.Money since it has a higher % return since day 1 than most Apps out there targeting passive income investors. More importantly, most private real estate funds that pay 6-7% on returns require $5k-$10k minimum investments, Elevate.Money only requires a few dollars to open!! Try and best that! For the investor that has truly searched for this level of returns on their investment, passing on this opportunity is foolish, in my opinion. This is truly a hidden gem 💎.
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FAQ

What is Elevate Money?

Elevate Money allows you to invest in real estate by owning fractional interests in properties. The goal is to generate passive income through monthly dividends from professionally managed real estate portfolios.

How does Elevate Money work?

You purchase shares in a Real Estate Investment Trust (REIT) managed by Elevate Money. This allows you to indirectly own an interest in multiple properties that the company finds, buys, and manages on your behalf.

What is the current annualized yield for Elevate Money?

The current annualized yield for Elevate Money is 6.5%. This yield is based on the rental income generated from the properties in the REIT.

How often are dividends paid out by Elevate Money?

The goal is to pay dividends to shareholders each month, as tenants pay rent on the purchased properties. This provides a consistent stream of passive income.

Is Elevate Money suitable for long-term investment?

Yes, Elevate Money is designed as a medium to long-term investment. The strategy focuses on acquiring multiple properties to create diversification and consistent cash flow over time.

What devices is Elevate Money available on?

Elevate Money is available on iPhone and iPod devices. It is rated for ages 4 and up.

When was Elevate Money last updated?

The latest version of Elevate Money is 1.2.4, and it was last updated on August 29, 2023. The app was initially released on June 20, 2022.

What is the user rating for Elevate Money?

Elevate Money has a user rating of 4.0 stars based on 48 ratings. This indicates a generally positive reception from its users.