Top 10 Commercial Real Estate Investing Sites Online in 2022
There are several platforms to choose from if you want to invest in commercial real estate but don’t know where to start. Platforms such as CrowdStreet, Fundraise online real estate, RealtyMogul, LoopNet, and others take different approaches. You should select the one that best meets your requirements and keep these tips in mind before you invest.
CrowdStreet is an online investment marketplace that brings together real estate sponsors and investors. Its platform eliminates the need for banks, resulting in lower interest rates and higher returns for developers and investors. CrowdStreet is an excellent option for real estate investors of all levels, with a large pool of carefully vetted investment opportunities.
CrowdStreet sources investments from top real estate teams and thoroughly vets them before listing them on the platform. Prior to investing in a deal, potential investors are invited to attend a webinar with the sponsor, who will answer any questions they may have. Because each investment opportunity is unique, it is critical to conduct thorough due diligence before investing. Specifics such as target metrics, payout structures, and maximum allocation amounts are included in each opportunity.
While the Fundraise platform is an exciting new addition to the online real estate investing space, it is not without flaws. For starters, there is no phone support. It also fails to clearly identify development and liquidation fees. To find out what fees they’ll have to pay, investors must read an offering circular. For some investors, this can be a problem.
Fundraise requires a minimum investment of $10,000 to become an “Advanced” member. This level provides investors with access to individual REITs from Fundrise’s portfolio. They can also select from a number of “Plus plans” that allow them to invest in higher-yielding properties. Those who invest $100,000 or more are eligible to participate in private projects in which they will own a portion of a specific property. While it’s tempting to think that real estate can make you rich overnight, it’s also important to remember that real estate is an investment that requires time and patience.
RealtyMogul is a platform that assists investors in making commercial real estate investments. The platform lists a variety of properties and will assist investors in researching each one before making an investment. The procedure entails filling out an online application and being vetted. Investors will also receive regular updates on their investments, including tax returns. They can also contact the company for assistance during regular business hours.
The platform provides three different types of investment opportunities. Investors can choose to invest in a single property or a portfolio of several properties, which is ideal for those looking to diversify their portfolio. The platform allows accredited and non-accredited investors to invest in commercial real estate, but participants must meet specific criteria. RealtyMogul only accepts investors with a minimum net worth of $1 million and a minimum annual income of $200,000. Investors can invest in two REITs at the same time and easily track their progress. Their total investment, active transactions, and earnings will be displayed on a dashboard.
LoopNet is a commercial real estate investing platform and one of the leading online real estate platforms. It has over eleven million monthly users on average and is ranked first in the industry. Its traffic reached 31 million unique users in the first quarter of 2022. As a result, it ranks among the top ten best online commercial real-estate investing platforms for 2022.
LoopNet has an extensive database of available properties for sale, allowing users to find the ideal investment property. Users can search for properties based on essential property characteristics such as price, square footage, and build date. The site also includes search filters for specific property types.
PeerStreet is a company that connects borrowers and accredited investors through asset-based financing. Its business model entails purchasing loans from private lenders, pooling them, and distributing them to investors. The headquarters of the company is in Los Angeles, California.
The platform generates revenue by selling mortgages on real estate properties. Loan terms are typically six to 24 months, with loan-to-value ratios of less than 75%. The loans are available for a wide range of real estate, from single-family homes to commercial buildings. They are backed by a team of finance experts.
Consider Groundfloor if you’re looking for a commercial real estate investing platform with a low minimum investment. Non-accredited investors can invest as little as $10 in real estate projects through this website. It does not require accreditation and does not require monthly dividends. It also does not necessitate long-term growth, making it an appealing option for small investors. Investors can also invest in multifamily assets through the platform’s app, which makes investing simple and convenient.
Groundfloor earns money by lending money to investors looking to invest in real estate. The company then sells a portion of the loan to investors in exchange for a portion of the profit. These investors typically invest in homes that they intend to flip. The company charges a two to four percent interest rate on the principal amount. Investors can also benefit from a Savesting program, which allows them to select their investments.
