Acre Trader is a scam or legit? Find out what people think about this company that claims to be able to make you money in up to 20 different ways.
Acre Trader is a scam or legit? Acre trader reddit, there are many reviews that give it a thumbs up. However, there are also many reviews that say the app is a scam.
AcreTrader is a crowdfunded real estate investment platform that focuses on farms. While it is exclusively limited to qualified investors, many of the projects on its platform have lower investment minimums than other CRE investing platforms.
In addition, the nature of the asset class on which it focuses makes it especially intriguing. According to AcreTrader, farmland has outperformed every other major asset class since 1990, with no negative years.
That isn’t to say that individual transactions aren’t profitable; low-risk does not imply risk-free.
It is, however, a fascinating asset class, and AcreTrader was one of the first platforms to provide it to private investors.
AcreTrader undertakes thorough due diligence, which includes in-person interviews with sponsors and operators, property visits, the projected financial analysis, and, if relevant, comparisons to comparable farm transactions in the region.
In addition to concentrating on farms, AcreTrader earns money in a somewhat different method than many other real estate investment platforms.
While it charges annual asset management fees ranging from 0.75 percent to one percent, it also acts as a real estate broker, receiving a commission on each property acquired and subsequently sold.
Real estate listing fees and commissions are a regular and expected cost of doing business, and AcreTrader argues that by acting as a real estate broker, it can profit from this charge while reducing other costs to a minimum for investors.
Acre Trader Review is a company that claims to be able to give you access to land investment companies. The company has been around for about 4 years, so it’s possible that they are legit. However, the reviews on their website are mixed, and some people say that they have never received any of the services promised.
Frequently Asked Questions
How does AcreTrader make money?
A: AcreTrader makes money by collecting information on every trade and using this information to generate revenue. For example, whenever a trader buys something from the site with Bitcoin or Ethereum, our computers will look at the price that was paid for those coins in order to calculate how much we made off of that transaction. We then take out some small amount for running expenses and pay the rest into an escrow account which is only released if somebody does not show up to their meeting point when they said they would.
Is AcreTrader legitimate?
A: AcreTrader is a legitimate app that operates in accordance to the rules of U.S law, and has an A+ rating from BBB
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