What do I need to know about minimum investments and fees on Groundfloor?
Groundfloor offers accessible investment opportunities with low entry points and transparent fee structures. Here’s a detailed explanation:
Getting Started: Minimum Investment Requirements
Groundfloor allows both accredited and non-accredited investors to begin investing with minimal amounts. The minimum investment requirements are as follows:
You can start investing with as little as $10 per individual investment opportunity.
For certain portfolios or specific options, you might need a minimum investment of $100, provided you have a U.S.-based bank account.
This flexibility makes Groundfloor an attractive option for new investors looking to explore real estate investing without significant starting capital.
Investment Fees and Charges
Groundfloor prioritizes transparency when it comes to fees. As an investor, you will not be charged upfront fees for investing on the platform. However, there is a Flywheel portfolio management fee of 1.0%. This fee is deducted from the distributions you receive rather than being charged upfront. This fee structure allows you to invest confidently without hidden costs, ensuring that you retain full visibility into your returns.
Transparency and Accessibility
By offering low minimum investment thresholds and clear fee structures, Groundfloor aims to make real estate investing more accessible to a broad range of users. Whether you are an experienced investor or just starting, the platform is designed to cater to various levels of expertise and financial capacity, maintaining its commitment to simplicity and transparency across all investment opportunities. By understanding these key details about Groundfloor’s investment requirements and fees, you can make well-informed decisions about starting or expanding your investment portfolio on the platform.