Scott Koppel
GB1 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.
Hatch Aaron
GBReal-estate investing made easy. Real-estate investing made easy. Web portal is simple even with multiple accounts. The Investment Wizard gives you your time back by not having to plug in all the criteria you wish to filter through. A fantastic investment vehicle with decent returns.
Elizabeth Marcelline
GBRUN AWAY FROM THIS LENDER RUN AWAY FROM THIS LENDER! They are liars and predatory lenders. I had completed 3 successful projects with them and was working on a 4th. I reached out inquiring on expanding my scope of work and refinancing my deal. They said they would be glad to do it but wanted an additional $120,000 from me. I told them that was ridiculous and I would continue with my original project. They then refused to issue my draw request for work that was already completed, tried to force me to refinance, when I refused they chose to ignore me for a month whilst daily interest continued to accrue. They are scammers. Do not trust them!
David
GBA 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.
TW
GBI've been investing for over 3 years… I've been investing for over 3 years now. Yes, it is taking longer to get repaid but its Real Estate. It's taking longer for investors to get permits and work completed. This is something everyone needs to be realistic when investing. Since investing, I seen foreclosures on properties but GF has always paid their debt to the investors. I also invest in their notes. Maybe consider that instead of properties. You're paid monthly on interest earned and the principal is paid on completion.