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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Crypto Xearo
GB

Huge Scam I have not and will not sight up for this website. After doing a little digging into the history of the company, it is a foreign company running the LLC virtually from overseas, first major red flag, secondly I looked up their payout rates as required by the USA when registering such a company. The smallest investment you can do is 5 dollars per share, and you earn a passive income based on how many shares you have. What they dont tell you is that even their HIGHEST payout rental property which costs WELL over 5 dollars, only pays you out 4.4 PENNIES PER MONTH. That means on even just a 5 dollar investment you are looking at 10, YES TEN YEARS to recover your investment, by the time that happens the company will have rug pulled. DO NOT FALL FOR THIS SCAM.

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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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Kristofor
GB

I would give it zero stars I would give it zero stars. This is such a scam. I have had money in shares for well over a year and wasn't able to sell them. They said you have to wait until the whole 100k shares are purchased and then you can sell. Sooo...3 month in after having the 100k shares sold....i tried to sell and all of a sudden the value is over half of what I put in....so I lost 50% right off the bat. Still sitti g there with nobody buying. Scam scam scam

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Bob Sacamano
GB

Fraudulent and criminal I’ve had money invested with this company since 2020 and haven’t been able to sell any of my positions or withdraw any of it. The properties I investing in through Landa have not sold any meaningful amount of shares since I invested. That’s over three years of money being locked up with no end in sight. They lock up your funds and use them to purchase other properties and pay their salaries while you’re stuck holding the bag. There is not enough user interaction to fully sell their offerings, which in turn you’re not allowed to sell, and they refuse to buy back shares so the entire scam is fully dependent on customers selling and buying, which just doesn’t happen. They do this purely to screw over customers and ensure their greedy slumlord hands get paid first. Many of the properties are also very poor quality and not worth investing in. The only offering that I was holding at 100% took over 6 months to sell because no one is buying. The price of the shares are arbitrary, your profit will be eaten by fees, and the profit will take decades to be realized. And by then you may still not be able to withdraw your money, if it even exists. It’s a scam and criminal. These guys deserve to be thrown in prison. You’re much better off just investing in real estate ETFs that are actually legitimate. Beyond their criminal activity, and purely from an investment perspective, their offerings are horrendous compared to nearly any real estate security you can buy through the stock market. Avoid Landa at all cost. And if you’ve invested with them, time to start looking for a lawyer to file a class action lawsuit. This company needs to be shutdown immediately

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Tanks shield
GB

Just got into Real Estate investing and… Just got into Real Estate investing and thanks to this app things have been running smoothly.

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