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Updated over 5 years ago,
Roofstock Property Shares
I've seen some discussion on Roofstock, but I haven't seen much on their property shares, which I am assuming are fairly new.
They offer 1/10 shares of properties and I believe you are buying a share of a trust. The 10 shares seem to cover about 50% of the purchase price and the other 50% is an interest only 5 year loan.
Expected Cash Flow returns are generally 5-6% and I'm weary of any appreciation. Plus, with an interest only loan there's no equity building through the mortgage.
It seems awfully risky for just 6% returns. I'm not looking at purchasing now, but want to keep it on my radar and would love anyone's experience with it if.