4 years later...
I am not a finance guy. I am a fitness trainer. I have numerous investment channels, including stocks and houses, FUNDRISE is my only investment which persistently LOST MONEY. I don't know who is running this operation, but it is safe to say they are not fiduciaries.
Do not invest with Fundrise.
The money goes up but getting the money out for any type of emergency is a huge hassle. I had money invested with Fundrise before they FORCED it in to a stock called VCX Fundrise, which had months of lockdown where they hold YOUR money. As of August 14th they’ve unlocked the stock so you can sell it but when they’ve transferred your property investment money into a stock they went with a program called computer share where they can’t help you if your computer share account is missing all of its stocks. So that’s where I’m at. I’ve put in money into property as an investment, they’ve locked it down for months then they took it all away. If you want to lose money and have them transfer it into stocks then when it disappears, they can’t help you.
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Scam
It’s a scam don’t waste your money
Lawsuit
The returns on my investments through Fundrise have been abysmal. I have been trying to get my money out of Fundrise for the past two years. They release only small amounts and retain the majority despite my multiple attempts. I am getting ready to file a lawsuit against these crooks. Keep your money far away from these clowns.
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Scam
It’s a scam you’ve been warned
