Review Time
Do not invest with these people!!!! I invested $5,000 in 2017 barely got any returns on my investment. Been trying for almost 2 yr now to pull my money out, since I’m over the 5 yrs requirement but they are nickel and diming me with a 5% limitation blah blah blah!!! This money may not seem like a lot to these thieves but it’s a lot to me! DO NOT GIVE THESE PEOPLE YOUR HARD EARNED MONEY!!
Stay away from realtymogul. I had invested $6k andd they were paying decent 6% returns. But now when i wanted to liquidate my investment (after being with them for 9 years), they are showing true colors. Saying every quarter, i can liquidate only $100+, i initiated liquidation on Oct 2023 and still this is going like a snail...Stay away from investing in this business...
Good Luck if you can get your money back. i have been trying to get my money back after all these years. I have originally requested repurchase 3 years ago and after waiting quite some time they said one of the document is missing. Finally I completed all the necessary documents about 6 months ago and recently I only received %2 of my total investment. Terrible investment option
I invested $90,000 into the income REIT about 4 years ago and I have reinvested all dividends. I am now losing money - negative return and the fund is now illiquid. I requested 25% of my investment to be returned by share buy-back and they only sent me about $3800. It looks like I will be continuing to lose all of my money here, but it will take years until my account goes to zero.
Looks like I have to give it one star...but i wish i could give it zero stars.....i invested 3 years ago, but i was losing money, so i decided to liquidate my account. according to them, they could only liquidate 25% a quarter, but in reality only liquidated 4%, which now will take me 5 or more years to get my money back after a bad investment. Stay away from this plate form.
In the same boat like everyone else trying to get their money out of this horrible "business". CAVEAT EMPTOR!Their share repurchase program states they MAY buy back up to 25% each quarter. But in reality what they do is give you a percentage of THAT. So if they say they're repurchasing 15% of one quarter, what it means is 15% of that 25%. It ends up a paltry amount.At this rate it will take many years to get my money back and I just invested the minimum. I have investment accounts with several major brokerages and know people who invested in other crowdfunding REIT and did not have this issue. Their reluctance to buy out shareholders when the real estate market has been booming in the areas the fund invests in points to a possible PONZI scheme or other nefarious operation.Another problem is many reputable financial sites give them great reviews. NONE of them disclose the difficulty in withdrawing your money. An actual real estate deal is easier to transact and sell than this! In addition, they have a ridiculous A+ rating with the Better Business Bureau.We're looking into filing a complaint with the SEC and talking with a law firm about a lawsuit.Stay Away!
Invested $10,000 3 years ago. I decided I could do better investing my money elsewhere. They told me I can receive 25% of my investment every quarter. I’ve been receiving less than $300 every quarter. At this rate I’ll get my money back in 20 years. Stay away from this scam.
Terrible company to invest in Stay away!!It takes years to get your principle back Smooth talkers tell you about a convoluted system about how they are required to give your money back Of course they don’t explain that when you invest Was a terrible choice I made!
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