• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

The College Investor

Student Loans, Investing, Building Wealth

  • About
  • Podcast
  • Research
  • Contact
  • Save For College
      • How To Start

      • How To Save For College
      • How To Pay For College
      • What Is the Average Cost of College?
      • What Is A 529 Plan and Where to Open One in Your State
      • How Much Should You Have In A 529 Plan By Age
      • How To Use A 529 Plan For Private Elementary And High School
      • What Are Qualified Expenses For A 529 Plan (And What Doesn’t Count)?
      • The Best Brokers To Open A 529 Plan
      • Tools + Accounts

      • 529 Plans: The Ultimate College Savings Plan
      • 529 Plan Contribution Limits
      • Prepaid Tuition Plans | What To Know
      • Understanding And Using 529A ABLE Accounts
      • Using A Roth IRA To Save And Pay For College
      • FAFSA Deadlines for Financial Aid
      • CollegeBacker Review
      • Upromise Review
      • UNest Review
      • Other Options

      • Student Loan And Financial Aid Programs By State
      • The Guide To Military And VA Education Benefits
      • How To Fill Out The FAFSA
      • How To Find College Scholarships
      • The Best College Scholarship Search Websites
      • How To Find Grants To Pay For College
      • Pell Grants: What They Are And How To Qualify
      • Understanding Federal Work-Study
      • How To Use A 529 Plan If Your Child Doesn’t Go To College
  • Student Loans
      • Borrowing

        • How Student Loans Work
        • How To Apply For A Student Loan
        • Best Student Loans And Rates In January 2023
        • 10 Best Private Student Loans Of January 2023
        • Best Student Loans To Pay For Graduate School
        • Best Student Loans To Pay For Medical School
        • Parent Loans To Pay For College
        • No-Cosigner Student Loan Options
        • Guide To Income Sharing Agreements (ISAs)
        • Best International Student Loans
      • Get Out Of Debt

        • Best Student Loan Refinance Companies In January 2023
        • Best Student Loan Repayment Plans
        • Best Student Loan Refinancing Bonuses And Promotional Offers Of January 2023
        • Student Loan Forgiveness Programs (The Complete List)
        • The Full List Of Student Loan Forgiveness Programs By State
        • Public Service Loan Forgiveness (PSLF)
        • Top Student Loan Scams
        • Average Student Loan Monthly Payment
        • Average Student Loan Debt By Year
      • Reviews

        • Credible Review
        • Splash Review
        • Ascent Review
        • Citizens Bank Review
        • Commonbond Review
        • Earnest Review
        • ELFI Review
        • Laurel Road Review
        • LendKey Review
        • SoFi Review
  • Investing
      • How To Start

        • How To Start Investing in High School
        • How To Start Investing In College
        • How To Start Investing In Your Twenties For 22 – 29 Year Olds
        • How To Start Investing In Your 30s For 30 – 39 Year Olds
        • How To Start Investing With $100 Or Less
        • How To Give Kids The Gift Of Stock
        • What Is Dividend Growth Investing
        • IRA Rollover Chart
      • Tools + Accounts

        • Best Online Stock Brokers
        • The Best Traditional And Roth IRA Accounts
        • The Best Robo-Advisors
        • The Best Investing Apps
        • The Best Places to Trade Options
        • The Best Places To Open A Health Savings Account
        • The Best Solo 401k Providers
        • The Best Self-Directed IRA Providers Of 2023
        • Best Cryptocurrency Exchanges
      • Reviews

        • Vanguard Review
        • Fidelity Review 2023
        • M1 Finance Review
        • TD Ameritrade Review 2023
        • Charles Schwab Review
        • Robinhood Review
        • Webull Review
        • Betterment Review 2023
        • Wealthfront Review
  • Earn More Money
      • Extra Income

        • 20 Best Side Hustles You Can Start Earning With In 2023
        • 53 Side Hustle Ideas To Make Money Fast
        • 100 Ways To Make Money In College
        • 80 Ways To Make Money From Home In 2023
        • 5 Quick Money Making Ideas (That Take Less Than 1 Hour)
        • 10 Interesting Ways You Can Make Money Driving
        • High-Paying Side Gigs That Earn $1,000 or More Per Month
        • The 10 Best Money-Making Apps
        • Paid Surveys: Earn Money For Giving Your Opinion Online
        • 10 Crazy Ways To Make $10,000 You’ve Never Heard Of
      • Build Wealth

        • 40 Passive Income Ideas You Can Use To Build Wealth In 2023
        • 3 Ways To Make $50,000 Per Year Without Working With Passive Income
        • How To Become A Real Estate Investor With Just $500
        • 15 Best Online Business Ideas
        • Residual Income: 7 Super Smart Ways to Build It
        • The Most Common Multiple Income Streams
        • How To Become A Real Estate Mogul With Only $10,000
      • Reviews

        • Fundrise Review
        • RealtyMogul Review
        • FarmTogether Review
        • AcreTrader Review
        • Swagbucks Review
        • Survey Junkie Review
        • TopCashback Review
        • DoorDash Review
  • Personal Finance
      • Banking

        • 10 Best High Yield Savings Accounts Of January 2023
        • 10 Best Money Market Accounts Of January 2023
        • 10 Best Free Checking Accounts In January 2023
        • Best Bank CD Rates Of January 2023
        • 10 Best Business Checking Accounts In January 2023
        • Best Online Banks Of January 2023
        • Best Credit Unions Nationwide Of January 2023
        • Best College Student Checking Accounts Of January 2023
      • Insurance

        • Best Life Insurance Companies
        • Renters Insurance
        • Car Insurance
        • Pet Insurance
        • Umbrella Insurance
        • Disability Insurance
        • Tuition Insurance
        • Travel Insurance
      • Credit Tools

        • Best Budgeting Apps
        • Cash Advance Apps
        • How To Get A Free Credit Score Report
        • Best Credit Monitoring Services For 2023
        • Debt Settlement: Inside The Secret World
        • Credit Repair Explained: Should You Pay For Help?
        • Best Personal Loan Companies And Lenders
        • Online Loan Companies To Borrow From Home
      • Tax

        • Best Tax Software
        • Free Tax Software
        • IRS Tax Refund Calendar
        • Common IRS Questions and Errors
        • Federal Tax Brackets
        • Capital Gains Tax Brackets
        • 401k Contribution Limits
        • IRA Contribution Limits
        • HSA Contribution Limits
  • Forum
  • Search
Home » Investing » Real Estate » Concreit Real Estate Investing Review

Concreit Real Estate Investing Review

Updated: December 30, 2022 By Hannah Rounds

Tweet
Share
Share
Pin
Email
Print

concreit review

With home prices reaching new highs, entering into real estate investing could seem out of grasp. Even online real estate syndications often require a high net worth, income, or large upfront investments. 

Concreit, a digital investing app, is making real estate investing more accessible for everyday people. Anyone with a dollar can start investing in real estate through Concreit. Here’s how the app works.

concreit real estate investing

Quick Summary

  • Buy shares of a real estate investment fund for as little as $1
  • Weekly dividend payouts
  • Option to set up automatic investments
  • Investors pay a 1% portfolio management fee
GET STARTED

Concreit Details

Product Name

Concreit

Min Investment

$1

Monthly Fee

$5 per month for investments under $5,000

1% fee for investments over $5,000

Accredited Investor?

Open to Both Accredited & Non-accredited Investors

Promotions

None

Table of Contents
What Is Concreit?
What Does It Offer?
Are There Any Fees?
How Does Concreit Compare?
How Do I Open An Account?
Is It Safe And Secure?
How Do I Contact Concreit?
Is It Worth It?
Concreit Features

What Is Concreit?

Concreit is a technology-enabled fractional real estate investment company. Based out of Seattle, the company allows everyday investors to buy shares of a non-traded, real estate investment trust. Investors can invest as little as $1 in Concreit’s REITs.

Real Estate Investment Trusts operate a lot like mutual funds for real estate. In a REIT, investor money is pooled together, and a manager makes investments and manages cash flow on behalf of investors.

What Does It Offer?

Concreit makes it easy for everyday people to invest in real estate. Although it offers shares of non-traded REITs, it prioritizes liquidity and regular payouts that make the investment more accessible to people who aren’t mega-wealthy.

Fully Managed Real Estate Portfolio

Concreit is a non-traded Real Estate Investment Trust (Concreit Fund 1) that invests across a broad array of commercial real estate. The real estate assets owned by the fund are purchased, maintained, and managed by the trust. 

Investors cannot select which real estate deals they want to participate in.

Historic 5.5% Yield Paid Weekly

Concreit differentiates itself by typically giving investors weekly payouts. Investors have historically earned a 5.5% annual yield on their investment assets. This payout isn’t guaranteed by Concreit but has been paid steadily since 2021.

concreit review screen grab

Option to Reinvest Dividends

Investors who are serious about compounding their growth can choose to reinvest their weekly dividend payouts into more Concreit shares. Investors who choose to reinvest, get the benefit of truly passive real estate investments.

Set Up Automatic Investments

Investors can choose whether to invest a single lump sum into Concreit or continuously invest over time. Investors who are accustomed to automatically investing using a Robo-advisor or an automatic investment may appreciate how easy it is to set up an investment and invest a set amount each week or month.

concreit review screen grab

1% Management Fee

For portfolios under $5,000, Concreit charges a $5 per month management fee. The company charges a 1% management fee for all investment portfolios over $5,000.

Option to Withdraw Investment Money App

Investors who don’t want money locked up for long periods can typically withdraw their principal investment after one year. 

Withdrawals aren’t guaranteed but Concreit has historically been able to manage the requests by using cash on hand, income, or principal repayments. Concreit will typically be able to honor withdrawal requests within a few days of the request being made.

Those who withdraw sooner than one year will pay an early withdrawal worth 20% of the interest they earned.

Still, the option to liquidate funds is incredible since the underlying assets in the fund are so illiquid.

concreit review screen grab

Are There Any Fees?

Most of Concreit’s investors will pay a 1% management fee based on the size of their portfolio. Investors with portfolios less than $5,000 will pay $5 per month.

When investors want to withdraw money, they pay a 0.1% withdrawal fee on all funds they take out of the fund. 

If investors choose to pull out funds that have been invested less than a year, they’ll surrender 20% of the interest paid. For example, a 5% dividend yield would be reduced to 4%.

How Does Concreit Compare?

Non-traded REITs is not a new concept, and technology and various forms of legislation are making them more prevalent and accessible. Several companies including CrowdStreet and Fundrise offer REIT funds that are very similar to the REITs offered by Concreit. Also, their investment management fees are in line with fees charged by other non-traded REITs.

However, Concreit has a few standout features. 

  • Extremely low investment minimums: Investors can invest as little as $1 compared to $1,000 at Fundrise or $25,000 with CrowdStreet.
  • Liquidity for investors: Paying weekly dividends and typically allows investors to withdraw funds as they are requested. Fundrise offers similar withdrawal promises, but it doesn’t pay dividends as frequently.
Header
concreit comparison
concreit comparison: fundrise
concreit comparison: realty mogul

Rating

AUM Fees

1.00%

1.00%

0.30% to 0.50%

Min Investment

$1

$500

$1,000

Open To Non-Accredited Investors?

Cell
OPEN ACCOUNT
OPEN ACCOUNT
READ THE REVIEW

How Do I Open An Account?

To get started, download the Concreit app (iOS | Android) and create a profile. 

The company doesn’t require a lengthy verification process, so once you have a profile you can start investing immediately. 

To start investing:

  • You must connect your bank accounts to the app.
  • Then, deposit your first investment.

Concreit is open to U.S. citizens and residents over the age of 18. 

Is It Safe And Secure?

Concreit focuses on their 5.5% dividend yield. This kind of yield isn’t to be confused with a high-yield bank account, where your money sits in an account and can be withdrawn at anytime without any penalties. While Concreit prioritizes withdrawals, it’s not immediately guaranteed. Concreit’s investors aren’t parking their money in an account, instead, they’re buying shares of a non-traded REIT, which can be viewed as a risky asset. 

Aside from the investment risk, Concreit prioritizes your digital, personal information safely and security. Using an app to invest may present some level of risk of privacy or data loss. However, Concreit follows best practices to keep user information safe.

They don’t not share personal information with any third parties. Additionally, they use bank-level encryption to keep financial information safe and secure.

How Do I Contact Concreit?

According to their website, Concreit says they're a service-oriented company. The site has an easy-to-use chat service. To reach someone, customers can:

  • Call: 206-607-6080 
  • Email: help@concreit.com.

Concreit is headquartered at 1201 3rd Ave. Suite 2200, Seattle, WA.

Is It Worth It?

Concreit’s historic performance combined with its low barriers to entry and superb technology makes it a great choice for investors seeking exposure to cash-flowing real estate. 

Investors may be able to find higher returns or stronger cash flow by investing on their own or by choosing alternative REITs. However, Concreit’s focus on liquidity makes it a solid choice for investors who are earlier in their investment career.

Concreit Features

Account Type

Individual

Minimum Investment

$1


Management Fees

$5 monthly fee for investments under $5,000

1% for investments over $5,000

Investor Requirements

None

Investment Type

Non-Traded Real Estate Investment Trust (REIT) 

Withdrawal Term

  • Typically, investors can withdraw their principal investment after 1 year.
  • Investors who withdraw sooner than 1 year pay an early withdrawal of 20% of the interest earned.

Customer Service Email Address

help@concreit.com

Customer Service Phone Number

206-607-6080

Company Address

1201 3rd Ave. Suite 2200, Seattle, WA

Mobile App Availability

iOS and Android

Promotions

None

Concreit Review
  • Pricing and Fees
  • Ease of Use
  • Customer Service
  • Products and Services
  • Risk Mitigation and Diversification
Overall
3.9

Summary

Concreit makes real estate investments more accessible to everyday folks who aren’t mega-wealthy by offering shares of non-traded REITs.

Pros

  • Invest as little as $1
  • Option to reinvest dividends and set up auto-investments
  • It’s a passive form of investing in real estate
  • Option to withdraw funds as needed

Cons

  • Cannot pick and choose investments
  • A $5 per month flat fee can be excessive on small portfolios
  • Concreit
Hannah Rounds
Hannah Rounds

Hannah is a wife, mom, and described personal finance geek. She excels with spreadsheets (and puns)! She regularly explores in-depth financial topics and enjoys looking at the latest tools and trends with money.

Concreit Real Estate Investing Review

Editor: Claire Tak Reviewed by: Robert Farrington

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.
Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.
Subscribe
Connect with
I allow to create an account
When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.
DisagreeAgree
Notify of

I allow to create an account
When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.
DisagreeAgree

0 Comments
Inline Feedbacks
View all comments

Primary Sidebar

Investing Resources

Featured Broker Reviews

>  Vanguard (recommended)
>  Fidelity
>  Robinhood
>  TD Ameritrade
>  M1 Finance
>  Schwab

Featured Robo-Advisors

>  Wealthfront (recommended)
>  Betterment
>  WealthSimple
>  Vanguard Digital Advisor

Annual Contribution Limits

  • 401k Contribution And Income Limits
  • IRA Contribution and Income Limits
  • HSA Contribution and Income Limits
  • 529 Plan Contribution Limits

More On Investing

  • Best Online Stock Brokers In 2023
  • Best Brokerage and Investing Bonus Offers In January 2023
  • Best HSA (Health Savings Account) Providers Of 2023
  • 5 Best Investing Apps Of 2023
  • How To Buy Stocks Online For Free
  • The Best Robo-Advisors Of 2023
  • The Best Self-Directed IRA Providers Of 2023
  • The Best Traditional And Roth IRA Accounts Of 2023
  • Comparing The Most Popular Solo 401k Options
  • Top 3 Automatic Investment Apps Of 2023

Footer

Who We Are

The College Investor is an independent, advertising-supported financial media publisher, focusing on news, product reviews, and comparisons.

Connect

  • Contact Us
  • Advertise
  • Press & Media

About

  • About
  • Our Team
  • Podcast
  • Editorial Guidelines
  • How We Make Money
  • Archives

Social

Copyright © 2023 · The College Investor · Privacy Policy ·Terms of Service · DO NOT Sell My Personal Information

wpDiscuz