Groundfloor

600 Peachtree St. NE, Suite 810, 30308, Atlanta, United States
image
4.00
Based on 20 Reviews

5

55.00%

4

25.00%

3

0.00%

2

5.00%

1

15.00%
About Groundfloor

Helping everyday people build wealth with real estate. Get started today with as little as $10.

Tags
Contact Info

You need to Login first to submit your review.

image
Tammie
GB

Limited communication Your customer service reps are friendly but any level above that is non responsive. My mistake to have invested $1000 on one project. It was initially supposed to be a 4 month payout but It’s been 11 months and property was almost in foreclosure once and now possibly again. Other than that information from the CSR, no one from Groundfloor will provide any further details. In addition, there is limited communication on the website. One CSR suggested I spread out my risk going forward. This is also what I suggest to anyone planning to invest with this type of platform.

image
David
GB

A good investment option Groundfloor is a good investment option. It needs more options with its auto invest feature though. Right now if you choose type C and Type B investments to invest in, it puts both kinds into a pool and then randomly pics the number you can afford. There is no option to prioritize C's over B's for better return or to pick the higher return loans inside the C's. This would make it so people could maximize thier returns. That's what needs to change to get 5 stars. More options to the auto-invest feature.

image
Russell
GB

Steady income stream. I have invested in Groundfloor for a little over a year. In that time I averaged between 11-12% return on my investment. As yet I have not invested in a unit that has gone through foreclosure, but it will happen sooner or later, which is why Groundfloor strongly encourages you to invest smaller amounts into many loans. One thing to note is that a loan may go longer or shorter than the time stated in the loan. You still get the interest the whole time, so not a huge concern for me. If you have savings in a bank drawing pennies a year in interest, this should be something you look into as a part of your investment portfolio.

image
Paul Cepparo
GB

One of the best experiences that I… One of the best experiences that I expected for my retirement. I would definitely recommend this company to get your retirement started and to contribute to your future and years to come. Please go over and sign up and contribute to your retirement and your future because your fellow government won't do that with only social security only.

image
Scott Koppel
GB

1 out 10 worked I have about 30 investments with Groundfloor. All bought between 12/21 and 7/22. I looked at the top ten today. 6 are in foreclosure. 2 are in default. 1 has exit strategies being discussed. 1, only 1, was completed. This business strategy never delivered. I suggest you look elsewhere.

We may use cookies or any other tracking technologies when you visit our website, including any other media form, mobile website, or mobile application related or connected to help customize the Site and improve your experience. learn more

Allow