The decision to invest in real estate isn’t for the faint of heart. It is a long and often difficult journey.
But the rewards can be amazing. Maybe this is why Bill Gates and Jeff Bezos are among the top real estate investors in the country.
But we understand that not everyone is a founder of Microsoft or Amazon. Fortunately, there are platforms specifically for real estate investing that you don’t have to have a multi-million dollar net worth to get started.
But if you are on this long and difficult journey–and have made the decision–you have plenty of options. Real estate investing has been growing rapidly over the years and platforms have been hatching like chickens for this purpose.
Crowdstreet is one such platform. This Crowdstreet review is designed to let you know if it’s right for you.
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A Crowdstreet Rundown
Crowdstreet has been providing an innovative, cutting-edge platform for real estate investing since its inception in 2014. The platform is an online marketplace that connects real estate developers and investors, providing an easy way for developers to raise capital and for investors to invest.
Crowdstreet is a one-stop shop for everything real estate, from new construction and development projects to existing commercial properties. It allows accredited investors to participate in the real estate market without having to deal with the headaches that come with owning property, such as maintenance and management.
Crowdstreet Review: The Nuts and Bolts
What makes Crowdstreet unique is its focus on institutional-quality real estate investment opportunities.
It operates differently than traditional real estate investment trusts (REITs) in that it goes beyond publicly traded assets and instead focuses on private equity deals. This means that investors can invest in projects that are not available on the public market, giving them access to exclusive, high-quality investment opportunities.
What You Need to Know
Crowdstreet comes with many features which is the reason it is one of Modest Money’s best real estate crowdfunding platforms. But it’s more than just the crowdfunding part that is attractive.
Here are some of the things you need to know about Crowdstreet:
- Strict vetting process – One feature that sets Crowdstreet apart from other platforms is the strict vetting process. It only accepts a small percentage of developers and sponsors that apply. This ensures that investors are only presented with the best investment opportunities.
- Transparency and control – Crowdstreet provides a high degree of control to investors. They can choose individual projects and investments rather than putting their money in a blind pool. And Crowdstreet isn’t shady in the least so you know where your money is going.
- User-friendly platform – With Crowdstreet, investors can browse offerings and track their investments with ease. Investors have access to the extensive information about their investments, including property descriptions, financial projections and historical returns. Additionally, Crowdstreet provides regular updates to investors regarding their investment status.
- Diversity – Crowdstreet has a diverse range of investments in all areas of the United States. This includes real estate development projects, commercial real estate, and niche sectors such as healthcare and student housing.
Fun Facts About Crowdstreet
Beyond connecting investors with developers and sponsors, Crowdstreet also provides an after-investment support system. This includes things such as quarterly updates and financial reporting, which helps investors stay up to date on the performance of their investments.
One of the most successful projects funded by Crowdstreet was the 1031 Canal Project in New Orleans. The project was initially funded with $35 million through Crowdstreet, and the platform continued to help raise millions more for the project. The project involved the conversion of an abandoned six-story structure into a mixed-use development in the heart of the city. The investment was considered one of the best real estate deals of 2019, providing returns of over 30% to investors.
Crowdstreet has been gaining momentum in the real estate industry, due to its unique approach to investing, a simple user interface and transparent investment opportunities. The platform enables investors to bypass the high level of fees and commissions charged by traditional private equity real estate funds, saving thousands of dollars in management fees.
From the developer’s perspective, Crowdstreet makes raising capital easier and more efficient. They can access a larger pool of potential investors, while also reducing the time frame and costs associated with traditional fundraising methods.
Final Thoughts
Crowdstreet has revolutionized the real estate investment industry by providing accredited investors with access to exclusive institutional-quality real estate investment opportunities.
Its user-friendly platform and transparent investment opportunities, coupled with a rigorous vetting process, have positioned Crowdstreet as a leader in the real estate crowdfunding industry.
Its success, particularly with its high-quality offerings, has made it a preferred platform for top real estate developers and sponsors to raise capital.
If you believe Crowdstreet could be the one for you, click here to get started.
About Carson Derrow
