Review Time
A terrible business to join!! Regaining your principles take years no smooth talker inform you about a complicated system that requires them to return funds Naturally when you join them they don’t explain that was a bad decision I made I’m lucky to have join the reputable platform name on my profile displayed which I’m winning 🥇 in a very good standout
Similar issue as other reviews with the repurchase process. Looking like it'll take 18 years to get back what I originally invested in because NAV keeps going down for no good reason other than their "valuation". The real estate market is fine with no defaults. So it's starting to feel like a scam.
I told them to take their time and pick me a good investment. A few weeks later they picked a winner for me. I invested 50k in 2018 in what was supposed to be a 3 year turnaround. It has now been 7 years and they are saying it will probably be 2027 when they close this investment. They lie, give garbage excuses and absolutely give you the runaround. I would not recommend anyone ever invest with Realtymogul. I am not certain what funds I will get back.
I'd give NEGATIVE five stars if I could. Stay away! Far away!!!!Like everyone else, they are holding my money hostage! I requested a total sale (share repurchase) and after one year and four payments, I have received 0.18% of my money and even fewer of my actual shares! Each quarterly payment has decreased from 21% to now 15% and the share price has fallen in the same time frame over $2.00. This is a TOTAL SCAM and you have NO WAY of verifying if the share price they are giving you is legitimate or they are cooking the books!Moreover, the percentage they claim to repurchase never adds up. It's neither the percentage of the total number of shares owned, as it should be per their own documentation, nor of my total investment value at current NAV. Most critically, their repurchase plan stipulates the fund manager has sole discretion to suspend or terminate the share repurchase program AT ANY TIME. Meaning, they can claim that legally they never have to give you your money back!!Also, about a year ago they suddenly reached out to me to verify my income. I have had this investment since 2020 and mostly reinvested the distributions till a year ago. There was never any requirement to be an accredited investor. This was very worrisome and makes me think they are facing legal issues or possibly going to go belly up! I was on the fence about selling all my shares but after they contacted and were very cagey about this, I decided to get what I could out of it. I would not be at all surprised if there is a class-action lawsuit against them!DO NOT PUT ANY MONEY INTO REALTY MOGUL!
Similar complaint as everybody else here. Invested about $10K several years ago, but when the time came to convert this "investment" into cash, they are only allowing about 4-5% per quarter to be withdrawn. This means it will take over 20 years to get the money back. Stay away!
I started investing in this company Realty Mogel about eight years ago I was told within three years and five years of maturity of the investments I would’ve seen either investment return or principal return I haven’t seen anything going into 2026 I have contacted the company the people over many years they all say the same thing the same emails dating back 3 to 4 years ago( oh we’re closing next week next month everything is going on but nothing happens) one particular investment was supposed to mature three years ago they keep telling me every month it’s going to close it never does worst investment I’ve ever done.
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