Landa

20 W 22nd streent, 10010, New York, United States
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2.21
Based on 14 Reviews

5

28.57%

4

0.00%

3

0.00%

2

7.14%

1

64.29%
About Landa

Landa is a real estate investing app. We use technology to redesign the ownership of real estate. Landa allows everyone to participate - from their phone.

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Erik Kaminski
GB

We were a contractor for Landa until… We were a contractor for Landa until they stopped paying their bills. They always payed slower, but when communication disappeared and the promise to pay dates were missed. We are now filing several liens on their properties.

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Phantom Cobra
GB

$5/share is a marketing ploy I was brought in by the minimum $5 investment advertisement. However, I learned right away that it was $5 PER SHARE and every investment I looked at had a minimum number of shares to buy that brought the investment up to around $100. Took a long time to get my money INTO the account and when I decided to NOT use it, it is taking a MONTH to get my money back (if I get it at all). Update: I did get my money back. It was delayed due to hitting a fraud alert? Money directly from MY account to theirs and back triggers a fraud alert? It was only $50!! However it was just over a month to get out.

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Jonathan
GB

High Risk...No Reward Not only is this project very risky, but the trading and management fees are ridiculous, especially for a newer platform. Management fees take a huge chunk out of dividends, which is honestly bearable...until you realize what the fee is for trading your assets. It is currently 2% on all trades! No matter what level you bought them at, Landa gets a massive commission for selling your assets (note most commission fees that I have seen are a fraction of a percent). Do not invest here. If you have some fun money lying around and are skeptical about the long-term growth of this 'project', STILL don't invest here. Plenty of other venture capital and/or riskier assets that will have much higher payouts than this scam.

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mason
GB

Amazing way to invest If you are new to investing and have an interest in real estate, then this app is for you. Download it, and the app speaks for itself

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Dylan
GB

Suspicious - high risk, can't pull money out - do your research! I saw their offer to give a free share of real estate if you signed up last year and I signed up and put in about $25 for an additional share. I have been checking on them every month and I noticed that they weren't filling their vacancies (I 'own' 2 shares, one house has 4 units, another 11 units [996 Greenwood and 368 Irwin]). The entire year, the occupancy has been about 20%! What!? Any real landlord would have remedied that right away or sold their properties worst case scenario. Red flags. Now that I'm looking online, looks likes the company is trying to rug pull the investors. For any large investors in this app/company, lawsuit is probably your only chance to get some of your capital out. Obviously if you want to put money into this app, it would be better used burning it. At least you would be warm for a bit. I'm giving it 2 stars instead of one because it might be they are incompetent and will go bankrupt and not criminals. Also the idea is cool - just incompetent team and business model Reach out to me if you want 'trillguy at protonmail dot com'

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