You ever wanted to invest into real estate but didn’t know where to start. Felt like you didn’t have enough money to get started? Well with Landa you can start for just $5 to get started. Yup its like a Stash app for Real Estate investing but they only invest in residential homes and not commercial properties.
It’s a very completely passive income you earn monthly dividends from rental income. Landa actually started in 2019 but relaunched in 2021. At the moment they own rental properties in Georgia and New York State.
Landa is basically a property management company that buy’s rental properties and manages tenants and maintenance with its own team. So this means your investment is passive but you do have to pay different fees to cover all the expenses. Those expenses include property management fees.
Once you buy your shares from Landa beware that you can sell them at any time but there is no guarantee that the shares will be bought by another investor. You do get to set your own price for the shares and Landa doesn’t charge fees for selling your shares.
All in all Landa seems to be safe and legit and good way to start investing in real estate. It submitted its SEC Filings and did what was needed to be down to turn rental properties into LLCs. Don’t be surprised if you struggle to sell your shares if you need to so make sure to be willing to hold on to them for the long run. This is the issue with investing in a crowdfunding platform early on but this is where most of the money is made in the beginning of a companies success.
To contact Landa for any issues you can email them at hr@landa.app or you can chat with them inside of the app.
If you need funding for your business or real estate venture check out Wealthbuilderz Funding for more information.