Fundrise Review: My $176,916.76 Passive Income Portfolio (2022 Update)

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Fundrise Review: My $176,916.76 Passive Income Portfolio (2022 Update)

Рет қаралды 23,827

Күн бұрын

In my Fundrise review, I'll share my $176,916.76 portfolio and walk you through my experience with my investments. Hopefully, this will help you decide if investing with this company is a good fit fo you.
UPDATE: I sold my position in Fundrise and now holding my cash in a 5.3% interest savings account with WealthFront: www.wealthfron...
Subscribe: bit.ly/33do5xO
In general, what the Fundrise does is identify a group of rental properties… and then put those properties into a Fund (or REIT) and then offer shares to the public to invest, giving every day hard-working people, the chance to invest into real estate with as little as $10.
Timestamps
Intro (0:00)
#1 - Why I Invested (1:18)
#2 - My Investment Returns (4:06)
#3 - The Reporting (7:40)
#4 - My Fundrise Review (9:04)
#5 - Real Estate vs Business (10:47)
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Follow me on Instagram: @SeanStandberry
I'm Sean, a proud self-made entrepreneur, and investor. I enjoy making videos about money, both business and personal finances. I hope to inspire/educate you on your next business idea, side hustle, or any other helpful money tactic. If you get any value from watching my content, all I ever ask is that you subscribe 🙂.
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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).g

Пікірлер: 101

@grantduwe9841 Жыл бұрын

Super excited to get started in fundrise thanks to this video. As a 14 year old, I’ve always wanted to get into real estate but never had the money to get a property. Thanks to fundrise I can get educated and grow my money in this.

@TITAN1749 Жыл бұрын

Your just 14 and here damn

@grantduwe9841 Жыл бұрын

@@TITAN1749 Yup

@DaQuan-Boyd Жыл бұрын

That’s really good @GrantDuwe, invest your money and create passive income so you never have to slave away to a 9 to 5 job!

@raymondcarter9810 Жыл бұрын

The Warren Buffet of real estate. Good for you! I'm 10 years older than you and I can say you're a wise young man. Not a kids mindset. I'm currently in the army and I try my hardest to get so many of the young guys here to invest. They'd rather keep it in a savings account that has next to no returns, or go and spend it on fast cars and alcohol; instead of putting it in dividends and real estate. Good luck on your journey man and I wish the best for you. If I can give some life advice. - Be cautious of relationships. Find someone with a like mind when it comes to future expectations. Or you could lose all or half your investments to a bad marriage/partnership. -Be around people that are smarter than you. -Don't worry about being odd compared to your peers. Example: as I stated I'm army and everyone drives either a sports car or a truck. Both cost hundreds and hundreds more in gas and insurance, and I drive a Prius despite not enjoying the fact that I do; because I get caught up in how I look sometimes, especially when peers joke at me for it. But that money I save I put in investments of all sorts. - If this is your passion, and you plan to go to school; don't go to school for something simply because of money. Go for finance or business and make connections in college. - Be humble and kind to people around you even though it's hard - Learn something new about investments once every day. Anything. Like technical analysis for trading for one week. Then life insurance policy investing the next(just learned about this. Quite interesting.). - keep your head up, 'cause you're a young king and have a great future ahead of you bud.

@grantduwe9841 Жыл бұрын

@@raymondcarter9810 I appreciate it man will do!

@Keepit-wl5ks Жыл бұрын

Anyone looking to invest please do your research. Read the fine print! Which made me not want to invest at all. What most of the youtubers on here don't tell you is that they're affiliated with these companies and get a kickback when you sign up. I have seen a lot of people dump their savings into these things to end up losing it all.

@alberttan7873 Жыл бұрын

How are you going to lose on fundraise? ..care to explain

@KeranSmith Жыл бұрын

Solid overview. Thanks for another great video.

@SeanStandberry Жыл бұрын

Much appreciated bro!

@rimigill Жыл бұрын

I think it’s strange you didn’t mention the con that it’s not easy to pull money out of fundrise. Expect to have your money tied up for 5 years to minimize fees. As a 5 year passive investment, yeah I think it’s great

@SeanStandberry Жыл бұрын

Great point!

@03c5z Жыл бұрын

Some funds have better liquidity. You can get your money, but there might be a fee.

@adamhatcher6620 Жыл бұрын

Also when you ask for your money watch your gains dissappear

@chioke123us1 Жыл бұрын

Can you do a video on Real Estate Syndications ! Thanks 😊

@quintingreen1972 Жыл бұрын

Is it really something negative? Can you pull your money out of physical real estate as easy as a stock? How are you going to invest in something that invest in physical real estate but then complain that it’s hard to take your money out?

@gengarphantom6967 Жыл бұрын

1- no average American has this much money to invest my friend so telling someone to invest on Fundrise and expect this massive return is not going to happen especially with the current housing situation. 2020 is not coming back again. That was COVID. 2- With small capital 500$-5000$ I recommend to a newbie to buy reits on the stock market and enjoy the monthly dividend while growing your position. Not only dividend grow but also share appreciation.

@neetea2 Жыл бұрын

You really think hes expecting the average american to have the money he has he even speaks in the video of using the money you have not the money he has

@twistnloc3247 2 ай бұрын

You can also get dividends from Fundrise if you choose the supplemental income option.

@davidbrooks8809 Жыл бұрын

You should have went over the fees at the time length to own this

@adco8672 11 ай бұрын

Great video, are you planning on doing an update video soon?

@Toannietravelingfoodie Жыл бұрын

You should have a negative % last 2 quarters. This is for balance plus plan.

@gengarphantom6967 Жыл бұрын

Exactly my thoughts.

@picataggio 10 ай бұрын

I stuck 10k in the back at the beginning of 2022. Down $800 and change so far.

@thezipideedooda Жыл бұрын

I thought that fundrise was a good company until the end of the year 2022. I had $23000 invested and for 364 days of the the year I thought that I was making a profit from dividends and appreciation. The last day of the the year it devalued $1000. I lost everything that I gained from dividends and appreciation. I made nothing. The fact that it happened the last day of the year makes me feel that there was some underhanded manipulation and someone had a nice Christmas bonus at my expense.

@WHlSKYx Жыл бұрын

Lol ok

@brianhatch885 Жыл бұрын

LOL

@SamuelBSR Жыл бұрын

That's reasonable, RE lost its value because of the interest rate hike. Investing in RE is not a bank deposit where you can secure your principal and get some extra % every month. Expect it will go down even more, since the FED is not going to lower the interest rate in 2023.

@Dave-yw2wc Жыл бұрын

I believe they update appreciation quarterly, so it would make sense it would show up at the end of the year. Your asset values will fluctuate with the housing market. It's like owning a real estate investment trust share on the open market but less liquid and fund rise has more control over your money. For those who don't want to ride out volatility of publicly traded REIT's on the New York Stock Exchange Fundrise offers a less volatile way to invest in real estate. The fact that there's fees if you withdrawal your money within 5 years is good for many investors who may otherwise pull in and out of the market increasing risk of permanent impairment of capitol.

@03c5z Жыл бұрын

Welcome to investing. Its not like values havent gone down or anything.

@Uapinvestigations Жыл бұрын

Fundrise for life

@SeanStandberry Жыл бұрын

💯😂

@patrickdickinson2300 Жыл бұрын

Yes, I would like to hear about what you're doing with syndications.

@dw8237 Жыл бұрын

Is it true that FundRise can deny your request to sell your shares or part in an investment if they feel it will negatively impact other investors. How do you avoid having money locked up for an unknown amount of time ?

@premsun Жыл бұрын

I think the answer is a yes..

@gengarphantom6967 Жыл бұрын

That is correct. As for the other question, you have 90 days to decide if you stay or leave , otherwise once 90 days pass you are their slave and your money is tied up, the only way to get it back is by paying the penalty fee.

@gmelltalk4979 4 ай бұрын

Wow congratulations on your portfolio

@johnwebb7163 Жыл бұрын

Is this company buying all their properties cash or are they using a loan to leverage the purchasing power? Also do the investors get any tax benefits like depreciation?

@adco8672 11 ай бұрын

Yes can you please make a video about syndications?

@marcushoward6560 Жыл бұрын

I can't find an answer for this but I'm wondering what happens when an account reaches $1,000 in value. I've read of other's having to turn off their auto-invest and DRIPs because Fundrise started putting their money in other, random funds. I currently have a starter account because it is less than $1,000 but once I reach that, I don't want Fundrise making changes. I want my auto-invest and DRIPs to all continue going into the Flagship Interval Fund that I'm currently in. Will this stay the same as long as I don't make any changes or will Fundrise start making unwanted changes?

@gengarphantom6967 Жыл бұрын

If dividend reinvestment is enabled, any potential dividends will be allocated according to your selected investment plan. Review each investment plan you in. You will be able to choose once you have a more expensive plan. On the meantime the drip goes randomly on the initial Stages. I got out of Fundrise thou, I rather own reit stocks.

@HasaniShujaa Жыл бұрын

Great review. Thanks!

@entertainmeant6520 Жыл бұрын

Liked and subscribed ‼️

@trinawalker4007 Жыл бұрын

Yes Sean I would love for you to make a video about that. .I really want to know more. So I could know to one or both .

@SeanStandberry Жыл бұрын

You got it!

@billyjohnson9166 10 ай бұрын

I’d be scared as hell to have that much money with fundrise. I don’t trust them. Good luck with that

@user-lz9km9ib7b Жыл бұрын

What other REITs are out there and is this the only one in your profile?

@christopherzorthian8182 Жыл бұрын

My Fundrise account is -7% since I started it in may of 2022

@03c5z Жыл бұрын

Bad timing. Just buy more

@gengarphantom6967 Жыл бұрын

This is why I don’t believe this dude , he is not showing the last 2 quarters.

@2Dcmbr7 Жыл бұрын

I’m curious if you got hit with a sizable chunk of “depreciation” at the very end of 2022…

@SeanStandberry Жыл бұрын

Yes, I’m considering a sell now

@Gcock Жыл бұрын

@Sean Standberry How can you sell shares? Serious question. How large is the negative % for selling your position; or even just a fraction of your investment; in less than 5 years? Do you have the ability to pull out early (less than 5 years) and still make a profit 📈 +5%?

@MikeCollins58 Жыл бұрын

Great video and introduction to Fundrise. Thank you!

@citizenoftheyearCC Жыл бұрын

Great info. Where do you find syndication deals?

@SeanStandberry Жыл бұрын

Before I invested in any syndication I started learning (reading books, online articles, KZfaq videos and networking) a lot of people who teach also have funds, which is how I found my first partner. Then I expanded from there

@gmelltalk4979 4 ай бұрын

I believe chase gave them $700 million to invest

@micahpickens7959 Жыл бұрын

Y is it my Fundrise dividend been dropping? I use to make 60¢ now I am making 20¢ a day. I have not pulled any money out.

@SeanStandberry Жыл бұрын

Are you in Income or Growth reits?

@leeneik Жыл бұрын

@@SeanStandberry what's the difference or benefits between them.. what do you recommend for growth?

@BigLouNYSportz Жыл бұрын

@@leeneik chapter 2 he gives a brief explanation between the two

@Daniyoyo Жыл бұрын

What’s your review on the flagship fund ? Seems like a happy medium

@SeanStandberry Жыл бұрын

I haven’t looked into it deeply yet. Are you invested in that fund?

@Daniyoyo Жыл бұрын

@@SeanStandberry it is the only fund that I am in.. anything below 5k we don’t have the option to be in any other fund outside of the flagship interval fund.. I would love your opinion

@darylmclain5181 Жыл бұрын

Invest long term never sell

@lissaleeleeraye Жыл бұрын

Hi #Sean.. Does you or your team write business plans? If so how can I reach you?

@SeanStandberry Жыл бұрын

We don't write a business plan, but if you want to book a call with me. I can review and share my thoughts

@lissaleeleeraye Жыл бұрын

@@SeanStandberry Yes.. Please.. How do I connect??

@coolus08 Жыл бұрын

i like you African accent, you need to talk slower and louder to understand you.

@richardm893 Жыл бұрын

Boy are you in for a surprise .

@SeanStandberry Жыл бұрын

What do you mean? Why do you say that?

@richardm893 Жыл бұрын

@@SeanStandberry You heard of FTX right?

@JaySetren Жыл бұрын

@@richardm893 so FTX is a crap shoot .... this is real-estate....think it's going to crash .... just saying

@rickmccann4016 Жыл бұрын

@@JaySetren Put it this way, I didnt trust the CEO of FTX and I dont trust the CEO of Fundrise and I dont think they have either of our best interests in the slightest bit in mind.

@JaySetren Жыл бұрын

@@rickmccann4016 Well with Fundrise they state that taking $$ out it could take a while. About 6 months ago I withdrew several thousand. Yes it did take awhile but did received my money. Who knows what these people are always thinking, at the moment I'm all in with treasuries.

@nightow1139 Жыл бұрын

Nice but unfortunately I do not have 25 grand to invest

@SeanStandberry Жыл бұрын

You can invest with $100. Start with where you are

@rezaakhlaqii8801 Жыл бұрын

Here is a very honest comment: Fundrise is 3.4% returns Fundrise IPO is 0.0% return So, if you put 1000$, you will get about 34 dollars in return in ONE YEAR!