Lofty
Invest in U.S. rental properties for just $50 in 5 minutes
Diversify your portfolio, earn rental income daily, and watch your stake appreciate until you want to sell. Lofty is the future of real estate investing — we’re making real estate easier and more flexible for investors globally.
What Lofty looks like
How Users feel about Lofty
Pros
Cons
What reviewers say about Lofty
Lofty is praised for its innovative approach to real estate investing, offering daily rental income and potential appreciation. Users appreciate the platform's ease of use, responsive customer service, and the opportunity to invest in U.S. rental properties with as little as $50. However, some users have raised concerns about property management issues and the integration of blockchain technology. Despite these criticisms, many investors highlight the platform's potential for high cash-on-cash returns and anticipate the upcoming secondary market for increased liquidity.
This AI synopsis blends highlights gathered from recent reviewers.
How people rate Lofty
Based on 5 reviews
Recent highlights
It's like a traditional fractional investment only the blockchain makes it complicated. They don't take advantage of decentralization. I don't see any point in adding blockchain to something that already works well.
I've invested a sizeable chunk of my money with lofty. They have been very great! As long as you do your diligence on properties the same as you would on any property, I think lofty is a solid platform. Very innovative and I love getting paid rent daily and compounding my efforts more frequently.
Thanks to Lofty, in conjunction with HomeRiver Group, my entire building will be rendered homeless, due to the City condemning it because the owners refuse to fix essential utilities! Even with the City seeking criminal prosecution, they refuse to FIX our broken heating and water! What is Jerry Chu, CEO of Lofty AI, doing about the City of Akron condemning his property at 809 Kenmore Boulevard, Akron, Ohio? What is his company doing to get rid of the rodents, cut off water supply and no heating, in the middle of winter? What about the health problems in his tenants? The lack of security for the property putting them all at risk? How about the lawsuit launched against the company, in conjunction with HomeRiver Group? This company, in conjunction with HomeRiver Group, should be absolutely ashamed of itself! My entire building had been lacking heating for over 80 days last Fall! Now, the heating and water are out again! No recompense! No rent cuts! No hotels offered! They refuse to respond to 90% of my correspondence, emails, voicemails and phone calls. I have not been compensated for my turmoil per state law, nor have they seriously settled on getting the heating repaired. No water! The health hazard that is! They keep hiring vendors to come look at the damaged boiler and pipes, but they keep refusing to pay and select one. In my area, there are PLENTY of vendors who know exactly how to fix this issue. Not to mention the constant draw of RATS, which was never an issue when I first lived here, years before current management. After too many months, it has become apparent that this company cares more about its money than the health and safety of its tenants! I want real compensation! If they have any hope of undoing this, they already know exactly what to do and how to contact me!