Chris Patton
GBI've been on Groundfloor now for almost… I've been on Groundfloor now for almost a year and I just love the platform in every way. The information is clear and concise, their help articles do a really good job explaining what an LRO investment is, and transferring funds was super easy. All this was enough to convince me to throw some money at it to test out. Sure enough... I've consistently earned 10-12% on my investments and I'm allocating more money to it every month. Get after it.
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.
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.
japhiana Martinez
GBBeware of this lender there will string… Beware of this lender there will string you along make you lose your money by declining your loan at the eleventh hour. We had two great deals both tri-plex and the underwriter would not approve with original terms. Our numbers worked the properties were permitted, zoned, and had suitable comps. I truly believe someone at ground wanted our deals for themselves and block us from getting them, so they or a colleague can get it; which I am learning is not so far fetch in this industry.
Linda
GBVery Pleased I have enjoyed the opportunity to tour the country and invest in the livelihood of folks I will never meet. Those buying homes to renovate are hiring plumbers, roofers, cabinet hangers, tile layers, landscape workers, electricians, painters and cleaners. That could be 5-10 other people benefiting from my investment. Having helped with most of these tasks, I know what it takes and I am proud to help put money in the pocket and food on the table for honest working people I will never otherwise impact. It makes me feel good.