For the past 3 years I have been increasing my real estate investment via my Fundrise portfolio. My account is now diversified into 10 different eREIT and eFunds. My returns slowed since last post, but that was expected. Let’s take a look.
September 2019 Portfolio:
As of the end of September 2019, my portfolio includes 187 active projects. This is an increase of 64 projects over my last update. My account has shifted into more equity based projects by about ~400bps. This shift is driven by both my selection of eREITs to invest in, and the reinvestment of dividends. With 3 months remaining in the calendar year, my year to date returns are at 3.5%. My total annual returns are at 5.7%. This is expected as I entered into new funds this year that have not started to provide returns. My annual return rate should increase over the next year or two as those funds stabilize.
Top Performing Position
My top performing eREIT for 2019 is the East Coast eREIT. This investment’s YTD return rate is already at 6.5% and growing. The growth I am seeing is about 2/3 dividends and 1/3 appreciation. Fundrise explains that this fund acquires a balance of both debt and equity in commercial real estate located in the East Coast region of the United States. This investment intends to obtain a fixed rate of return that maximizes current income and equity.
My main goal with this investment platform is to maximize for long term growth. Fundrise provides an easy route to grow your portfolio. They disperse dividends every quarter and I have selected to automatically reinvest those dividends. My dividend reinvestment’s follow the Long-Term Grown investment plan that Fundrise provides. The intent of the plan is to provide maximum returns over the long run.
If you would like to join me on this real estate investment journey, click the link below. Both of us will receive 90 days of zero advisory fees.
*I am not a financial planner and all of the above is personal opinion and performance. Your performance and experiences may differ.