Landa: Invest in Real Estate 4+

It’s not a stock market this is actually real estate investing

I been using them for well over two years now, I been able to put money in, take money out, buy and sell properties. Here’s the thing, don’t invest if you want to pull money out tomorrow or expect to get rich right away. This is actually real estate investing where yes money will be locked up for a bit (you can try to sell your shares anytime but it depends if there’s a buyer) dividends aren’t high but if you’re buying shares for $5 what do you expect - I love landa perfect to get into real estate at a low cost and earn passive income. If you want to put $100 today and make $150 tomorrow this isn’t the place for you. If you expect to get $10 a month out of a $100 investment this isn’t for you either. This is for long term real estate investors. Buy into a property make money on rent and appreciation and sell that property in a few years.

Developer Response ,

Thanks, Nathaniel! ❤️🎉🎊

Suspicious

I’ve been a member for a couple of months now; I’ve only invested what I know wouldn’t hurt me, but the app still has features that don’t work. I’ve tried to upload identification to certify nothing can stand in my way if there is a hack of any kind within the company an they need to help me as a trusted user. Yet also I’ve seen some of the other reviews about trading shares that I’ve bought, the part about waiting for a buyer is just fine with me, but the app has other features like the 1099 self investment documents that are not available for download in my app. I find it unusual; but I’ve found more unusual is the customer support tab/section. No one has responded to my concerns or submitted problems. It makes an investor feel like their wasting valuable time..In the mean time I have still seen dividends from my shares/investments; they do rise, an they can fall. Investing is risky business but it’s all risky.. trusting advertising is risky, trying the app is risky, working with people to find common ground is risky. Yet in still, if we can move forward and be respectfully responsive to situations that arise an come our way this app can make its users money; especially for stay at home parenting(s). So If I can get a bit of help with the projects I’m interested in within the app I could possibly give a better rating, even though I’ve only been here in app as an investor for a short period of time.

SCAMMY!

Had no problem withdrawing my money from Landa. However, the model is EXTREMELY scammy. Once you buy into an IPO, you CANNOT pull that money out until all the shares sell. Sometimes, it can be up to 100,000 shares. Once you buy, it’s LOCKED in. Don’t even think about withdrawing until then. Even worse, most properties drop 40-60% in value immediately after being open for trading which cancels out all the dividends you’ve earned. So the other option is to buy properties when they’re already open for trading. No, the market is so ILLIQUID that you have to wait for someone to buy your shares for the order to fill which is nearly impossible because of the small amount of investors. It can take months before your order is even filled. Seems like the only way to make money on this app is to buy IPO properties after they’ve already dropped massively in price, wait for the price to go up, and hope someone buys your shares at that price. Currently liquidating my entire portfolio right now. Still have 2 properties that have only sold 10% of shares in IPO and it’s been around that range for months. Do not believe what you see on their discord as it is the same delusional individuals talking in there everyday making excuses for this app. Would not recommend this app to anyone.