Fundrise vs RealtyMogul vs Arrived: Real Estate Crowdfunding Platforms Comparison in 2026
Real estate crowdfunding has matured into a multi-billion-dollar category since the JOBS Act opened it to non-accredited investors. In 2026, three platforms consistently appear at the top of comparison lists: Fundrise, RealtyMogul, and Arrived. Each targets a different investor profile, and choosing the wrong one for your situation means either overpaying in fees, locking up capital longer than intended, or missing return potential.
This comparison covers entry costs, annual fee drag, liquidity timelines, expected return ranges, and who each platform actually serves well. All figures are sourced from platform disclosures and third-party reviews as of April 2026.
Quick Comparison: Entry Cost, Fees, and Liquidity at a Glance
| Platform | Minimum Investment | Annual Fees (est.) | Liquidity | Accreditation Required? | Target Returns |
|---|---|---|---|---|---|
| Fundrise | $10 | ~1% (0.85% + 0.15%) | Quarterly redemptions (not guaranteed) | No | 8%–12% (historical estimate) |
| RealtyMogul | $5,000–$50,000 | 1%–6.75%+ | Illiquid (3–10 year hold) | No for REITs; varies for deals | 4.5%–18.7% (deal-dependent) |
| Arrived | $100 | 0.4%–1.2% (quarterly) | Limited secondary market; multi-year hold | No | Rental income + property appreciation |
Bottom line at a glance: Fundrise wins on accessibility and relative liquidity. RealtyMogul targets higher absolute returns through commercial real estate deals. Arrived sits in the middle—low minimum, property-level transparency, but a long hold period.
Fundrise: Lowest Entry Barrier and Semi-Liquid Real Estate Exposure
Founded in 2012 and headquartered in Washington, D.C., Fundrise now serves over 385,000 investors. Its $10 minimum is the lowest of any significant U.S. real estate crowdfunding platform, and it requires no accreditation, income verification, or net worth threshold.
Fee Structure
- Asset management fee: 0.85% annually on assets under management
- Advisory fee: 0.15% annually on account value
- Effective total: ~1% per year on most accounts
- Early exit penalty: 1% fee if shares are redeemed within five years at less than original purchase price
Liquidity
Fundrise runs a quarterly redemption program, but this is not guaranteed liquidity. During periods of market stress—the platform suspended redemptions during early COVID-19—the company can limit or delay withdrawals. Investors who need reliable access to capital within one to two years should treat Fundrise as illiquid for planning purposes.
Portfolio Structure
Fundrise invests through proprietary eREITs and eFunds that hold diversified real estate assets across multifamily housing, industrial, and commercial properties. Investors do not pick individual properties; they select a fund strategy (e.g., income-focused, balanced, growth). The platform also supports Roth and Traditional IRA accounts and allows automated recurring contributions.
Who Should Use Fundrise
- Beginners with $10–$1,000 who want diversified real estate exposure without large upfront commitment
- Non-accredited investors who cannot meet the $200,000 income or $1 million net worth thresholds for other platforms
- Investors who may need access to some capital on a quarterly basis (with the caveat that redemptions are not guaranteed)
- Those who want a hands-off, automated investing experience
RealtyMogul: Commercial Real Estate Focus with Institutional-Grade Returns
RealtyMogul launched in 2012 and has since offered $7 billion in total property value across its platform. It reports $216 million in realized returns across 228 completed deals, with an overall realized internal rate of return (IRR) of 20.7% as of its current disclosures. These are historical figures across completed deals; not every deal achieves that outcome, and returns vary significantly by offering.
Investment Minimums and Structures
- MogulREIT I and MogulREIT II: $5,000 minimum; open to non-accredited investors; targets approximately 4.5%–4.75% annually in distributions
- Individual commercial deals: $25,000–$50,000 minimum; may require accredited investor status; targets 12%–18.7% IRR depending on deal type
Fee Structure
RealtyMogul’s fees are more complex than Fundrise or Arrived and vary by offering:
- Asset management fee: 1%–1.25% annually
- Organizational and offering costs: Capped at 3% per deal
- Disposition and servicing fees: 0.5%–1% servicing; additional disposition fees at sale
- Effective total range: 1% (REITs, low-fee scenario) up to 6.75%+ (individual deals with all fees layered)
The high-end fee range erodes returns on individual deals significantly. Before committing to any RealtyMogul offering, read the specific deal’s Private Placement Memorandum to identify every fee line item.
Liquidity
RealtyMogul’s individual deals are illiquid with hold periods typically ranging from three to ten years. There is no secondary marketplace for early exits on most offerings. REIT investors receive quarterly distributions when deals perform, but redemption of principal follows the same long-duration structure.
Who Should Use RealtyMogul
- Accredited or experienced investors targeting commercial real estate with 15%+ return potential
- Those comfortable with five-to-ten-year capital lockups in exchange for higher potential IRR
- Investors who want exposure to specific asset types: net-lease commercial, multifamily value-add, or industrial deals
- Non-accredited investors who want commercial REIT exposure at a $5,000 entry point (REIT products only)
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Arrived: Single-Property Fractional Ownership with Lowest Quarterly Fees
Arrived (formerly Arrived Homes) offers fractional ownership of individual residential rental properties. The $100 minimum and zero accreditation requirement make it one of the most accessible single-property investing platforms available in 2026.
Fee Structure
- Asset under management fee: 0.10%–0.30% per quarter (equivalent to approximately 0.4%–1.2% annually)
- This is the lowest AUM-based fee percentage among the three platforms covered here
- Additional sourcing and offering fees apply at deal inception but are not ongoing annual charges
How It Works
Investors buy shares in individual named properties—a specific rental home in Memphis or a vacation rental in Scottsdale, for example. Each property has a dedicated offering page showing purchase price, estimated rental yield, occupancy history, and the projected hold period. This property-level transparency is Arrived’s clearest differentiator from Fundrise, which pools assets across funds without disclosing individual address-level performance.
Liquidity and Hold Period
Arrived’s properties are typically held for five to fifteen years. The platform has introduced a limited secondary market for selling shares before a property’s full hold period concludes, but liquidity there is thin and not guaranteed at fair value. Investors should plan to hold shares until the property is sold.
Payouts
Arrived distributes rental income quarterly. These payouts are not guaranteed—they depend on occupancy rates, maintenance costs, and actual rent collected. When a property sells, investors receive their proportional share of the appreciation proceeds.
Who Should Use Arrived
- Investors who want to see exactly which property their money is in and review its individual performance
- Those with a long time horizon (five to fifteen years) who do not need liquidity during the hold period
- Non-accredited investors with modest capital who want direct residential rental income
- DIY investors who prefer researching individual properties rather than delegating to a fund manager
Fee and Liquidity Head-to-Head Breakdown
Minimum Capital
Fundrise’s $10 minimum is genuinely accessible. Arrived’s $100 is low enough for most investors. RealtyMogul’s $5,000 REIT minimum is a meaningful hurdle, and its $25,000–$50,000 minimum for individual deals limits that tier to investors with substantial investable assets.
Annual Fee Drag (Estimated)
On a $10,000 investment held for ten years with a hypothetical 10% gross annual return, fee differences compound materially:
- Arrived at 0.8% effective annual fee: Estimated ending balance approximately $22,900
- Fundrise at 1.0% effective annual fee: Estimated ending balance approximately $22,600
- RealtyMogul REIT at 2% blended annual fee: Estimated ending balance approximately $21,000
- RealtyMogul individual deal at 4% blended fees: Estimated ending balance approximately $17,900
These are illustrative estimates using simplified compounding and do not represent actual platform returns or guarantees.
Liquidity Timeline
- Fundrise: Quarterly access (not guaranteed; subject to suspension)
- Arrived: Limited secondary market; plan for five-to-fifteen-year hold
- RealtyMogul: Effectively illiquid; three-to-ten-year hold with no reliable exit mechanism before deal close
Return Potential
Higher target returns typically accompany higher minimum investments, higher fees, and longer lock-ups. RealtyMogul’s individual commercial deals target 12%–18.7% IRR but require $25,000+ and years-long commitments. Fundrise’s historical range of 8%–12% comes with quarterly liquidity windows and a $10 entry. Arrived’s return depends entirely on property-level rent income and appreciation, which varies by market and property type.
Who Each Platform Is Best For
Fundrise
Fundrise is the clearest starting point for anyone new to real estate crowdfunding. The combination of a $10 minimum, no accreditation requirement, a simple fund-selection interface, and quarterly liquidity windows makes it the lowest-friction entry in this category. The ~1% fee is competitive for a diversified REIT product. The main tradeoff is that investors give up property-level transparency and accept lower return ceilings compared to direct commercial deals.
RealtyMogul
RealtyMogul suits investors who are willing to lock up significant capital for five to ten years in exchange for access to institutional-grade commercial real estate deals. The 20.7% realized IRR across completed deals is a meaningful data point, but it represents a curated historical sample. New investors should start with one of the REIT products ($5,000 minimum) before committing $25,000+ to an individual deal they cannot exit.
Arrived
Arrived works best for investors who want to own fractional shares of specific rental properties and monitor their individual performance. The $100 minimum and sub-1% annual fees are genuinely competitive. The limitation is that residential rental real estate has lower return ceilings than commercial value-add deals, and the five-to-fifteen-year hold period is a real constraint if circumstances change.
Diversification Strategy
These three platforms are not mutually exclusive. A practical approach for a $5,000 total allocation:
- $500 on Fundrise for quarterly liquidity access and diversified fund exposure
- $2,000 on Arrived across four or five individual property offerings for direct rental income
- $2,500 on RealtyMogul’s MogulREIT for commercial real estate diversification at the REIT minimum
This structure provides multiple asset types, different fee profiles, and both a liquidity option (Fundrise) and long-duration income (Arrived, RealtyMogul) within a single portfolio.
What to Do Next: Getting Started with Real Estate Crowdfunding
Before opening an account on any of these platforms, work through this sequence:
- Verify your accreditation status and available capital. If you earn under $200,000 annually or have a net worth below $1 million, all three platforms still have accessible tiers. Confirm the exact dollar amount you can commit without affecting your emergency fund or short-term obligations.
- Assess your liquidity needs honestly. If there is any realistic chance you will need access to this capital within two years, only Fundrise’s quarterly redemption program offers even a conditional exit. Arrived and RealtyMogul are multi-year lockups.
- Start with the minimum on one platform. Open a Fundrise account at $10, an Arrived account at $100, or a RealtyMogul REIT account at $5,000 and actually use the interface for one full quarter before committing more capital. Payout timing, tax document delivery, and customer support responsiveness vary by platform and matter more than marketing copy suggests.
- Review your first quarterly statement for actual IRR. Do not rely on projected returns. After one to two quarters, calculate your annualized return on the actual distributions received and compare it against the platform’s advertised ranges.
- Increase allocation only after confirming consistent payouts. Add capital in tranches (for example, an additional $500 or $1,000 per quarter) rather than deploying a large lump sum based on a platform’s marketing materials alone.
- Consult a CPA before tax season. Real estate crowdfunding investments generate 1099-DIV, 1099-INT, or Schedule K-1 forms depending on the structure. Depreciation pass-throughs and deal disposition gains have different tax treatments. A one-hour consultation with a tax professional who understands real estate investing can save significant money on your first filing year.
Real estate crowdfunding is a legitimate way to add property exposure to a portfolio without the capital requirements of direct ownership. Fundrise, RealtyMogul, and Arrived each occupy a distinct segment of that market. Match the platform to your actual capital, time horizon, and liquidity needs—not to the highest advertised return figure.
This article is for informational purposes only and does not constitute personalized financial, tax, or investment advice. All fee figures, return ranges, and minimums are based on publicly available platform disclosures as of April 2026 and are subject to change. Consult a licensed financial professional before making investment decisions.
