Rich Uncle’s, found online at Rich-Uncles.com, is a company who says their goal is to create a platform that makes real estate investment accessible for everyone who wants to get involved.
Traditionally speaking, real estate investment was thought to only be available to people who had large sums of investment capital that they could translate into large stakes in investment opportunities.
Rich Uncle’s has a goal of making this type of investment available to people with different levels of capital available, so this type of investment opportunity is no longer off limits to the general public.
How Does It Work?
The whole concept of Rich Uncle’s rests on something called a Real Estate Investment Trust, or REIT, which is a corporation that takes capital from many different investors and uses it to buy and then operate income producing real estate.
In addition, REITs are exempt from taxes if certain standards can be met, including the distribution of at least 90% of the taxable income. REITs make this possible by generating and distributing this income to their shareholders in dividends.
Finally, this company does not pay commissions, instead choosing to use the internet for advertising and finding investors, which reduces their overhead and increases the percentage of returns they distribute to their members.
Is This a Legitimate Opportunity?
This company is funding real estate investment opportunities through a specific type of a crowdfunding platform. They say that their potential investors can begin purchasing ownership in REITs with investments of just $500.
Using the crowdfunding platform to raise capital for real estate opportunities is becoming a popular new concept in real estate investing. It not only opens up real estate investing to people who only have small amounts of money to invest, but it is beneficial for the properties and owners themselves.
Crowdfunding often allows these properties to be funded easier and faster than going through the traditional routes of finding bank funding or investors with large amounts of capital who are interested in the opportunity.
So this type of real estate investment is growing in acceptability and popularity, and people who are interested in it can look at the opportunities available through Rich Uncle’s, or other companies that take a similar approach.
Would you like to add your review for
- (855) Rich-Uncles
- [email protected]
- https://www.RichUncles.com/contact-us
If you have any specific questions or concerns, please reach out to our Investor Relations team via the channels above.
- Rich Uncles
EVP of Operations Interstate Hotels and Resorts
“My sister in law who works at Rich Uncles kept telling me about this investment opportunity and at first I was very skeptical, even telling her it sounded like a Ponzi scheme. Finally she forced me to checkout their web site and after seeing what I saw I decided to meet with the main principles. After meeting them and learning more about the company I have gone from being skeptical to enthusiastic. I have moved my IRA money from Raymond James, where the minor growth it was experiencing was being consumed by RJ's fees.”
– (855) Rich-Uncles
– [email protected]
– https://www.RichUncles.com/contact-us
If you have any specific questions or concerns, please reach out to our Investor Relations team via the channels above.
– Rich Uncles
Sucker.
All of these former employees bitching here cuz they were caught ripping off the company with their laziness and ineptness and then coming on here and posing as "investors" is kinda sad. I bet there is not a real investor on this site.
The Rich Uncles Investment product is solid, If there was a scam issue here the SEC would have shut it down a months ago.....