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.

I'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.

I am a big fan of Groundfloor I am a big fan of Groundfloor. One thing that could be improved is the way the updates on LROs are communicated. We have to individually go to each LRO and click on it to see updates (if any), which are posted at random times, and are not very helpful (i.e., it doesn't necessarily tell us the expected repayment date, or explain how long a foreclosure might take etc...). I wish updates were more easily visible so we don't have to go click and take a chance for each LRO and more explanatory for real estate rookie investors.

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.

Real-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.