41 out 43 people found this review helpful
I invested two years ago in few offerings and so far, everything is in deep red. "Triwest" who sponsored 12954 Blairwood Dr & 12090 Chalon Rd. investment and Paragon who sponsored 1651 Gilbert Road, have stopped making payments. They have given lame excuses for delays.
They are running a Ponzi scheme to dupe investors and RealtyShares did not do any due diligence before offering this deal and luring investors. Don't get caught in this poor dealings.
Bottom Line: No, I would not recommend this to a friend
23 out 34 people found this review helpful
Great experience with a credible organization
It seems natural to approach with caution, since most people don't have much experience with this specific concept. My experience has been very positive. RealtyShares has been very professional and responsible. Any real estate project has risks by default, but I have had no issues after making more than 35 investments using the RealtyShares platform. RealtyShares does a great job screening prospective deal sponsors; because of that, projects that might include underfunded developers, crackpots, slackers or sponsors who are challenged with planning and organization get screened out before any deal is offered on the platform. The return/risk equation has seemed promising to me on the vast majority of the deals offered. I would - and have - recommended RealtyShares to good friends.
Bottom Line: Yes, I would recommend this to a friend