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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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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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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Ed
GB

Nicer concept Nicer concept. App could still use polish Browsing properties is fairly straight-forward, but there are a couple obvious improvements that are needed: if you attempt to view a map or a lease on iOS, there is no way to exit the modal/overlay without literally having to force close the app and reopen; the app doesn't show a "close icon" or any other UI to go back Since the point of this type of investing is that you're looking to compare properties, it is ridiculous not to have even a simple form of bookmarks/favorites. It is just annoying that I basically need to write down addresses in a separated app/medium because there is no other way to switch back and forth between specific properties

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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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