After publishing my post, Focus On Trends: Why I’m Investing In The Heartland Of America, a couple readers pointed out that Fundrise, one of the leading real estate crowdfunding platforms, actually offers a Heartland eREIT. Last time I wrote about them in 2016, they just had an Income and Growth eREIT™, so it’s great to see they’ve offered new products to meet demand.
One of the unique things about all of Fundrise’s eREITs™ is that you don’t have to be an accredited investor ($200K+ income, $1M+ net worth excluding primary residence) to invest due to Regulation A+ of Title IV of the JOBS Act. Regulation A+ is a type of offering which allows private companies to raise up to $50 Million from non-accredited investors. Think of Reg A+ like launching a mini-IPO, but with lower fees than the traditional IPO process.
Given I’m bullish on the heartland for the next 10 years, the Heartland eREIT™ sounds like a promising investment. My 7-year CD yielding 4% has finally come due, and I’d like to reinvest it wisely. Let’s do a deep dive overview to understand all the pros and cons.