Investing in Real Estate Investment Trusts (REITs) is now easier than ever with the rise of mobile apps offering streamlined access to this asset class. This article reviews ten of the best REIT investment apps for Android and iPhone, highlighting user-friendly platforms that provide crucial features like portfolio tracking, diversification tools, and competitive fees. Top contenders include Fundrise, known for its accessible fractional investment options, E*TRADE, a trusted name offering comprehensive brokerage services, and DiversyFund, a popular choice for its diversified REIT portfolio offerings. These and other mobile apps for REIT investing make accessing this market simple and convenient.
Top app to invest in reits
1. Fundrise
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Fundrise is my go-to app for investing in REITs because it simplifies access to a previously exclusive market. Unlike other apps that limit options or charge hefty fees, Fundrise boasts a $7+ billion portfolio across 300+ investments, giving me diversified exposure to real estate. Their user-friendly interface makes navigating investments easy, and their transparent reporting builds trust. Fundrise's direct-to-consumer model, serving over 2 million users, proves its reliability and widespread appeal, making it the clear winner in my book.
Key Features:
- Invest in real estate projects easily.
- Diversify your portfolio with low minimums.
- Track investments and performance conveniently.
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2. E*TRADE
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ETRADE's mobile app allows investors to easily buy and sell REITs (Real Estate Investment Trusts), offering a convenient platform for accessing this asset class. While the app boasts commission-free online trades for many securities, including some REITs, a potential drawback is the lack of dedicated REIT-specific research tools compared to some specialized platforms. However, ETRADE's extensive research offerings and charting capabilities can still be leveraged for REIT analysis. Overall, its user-friendly interface and broad market access make it a viable option for investors seeking REIT exposure, although dedicated REIT research might necessitate supplementing E*TRADE with external resources.
Key Features:
- Commission-free stock and ETF trades
- Access real-time market data and charts
- Diversified investment portfolio building tools
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3. DiversyFund
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DiversyFund is a mobile app offering accessible real estate investment through REITs (Real Estate Investment Trusts), allowing users to diversify their portfolios with minimal investment. Benefits include fractional ownership of vetted multifamily properties, potentially offering higher returns than traditional stock markets (Nareit reports higher annualized average returns for REITs compared to stocks), and a streamlined, user-friendly interface for managing investments. However, like any investment, DiversyFund carries risk, and past performance doesn't guarantee future results. While the app simplifies the process, individual investors should carefully research and understand the associated risks before committing funds.
Key Features:
- Invest in fractional shares of real estate.
- Diversify your portfolio easily and quickly.
- Track investment performance with ease.
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4. Vanguard
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The Vanguard app is your go-to for effortlessly investing in REITs (Real Estate Investment Trusts), offering a streamlined experience that beats out the competition. Unlike other apps bogged down with confusing interfaces, Vanguard boasts a 4.8-star rating on the App Store, showcasing its user-friendly design and intuitive navigation. Its real-time data and comprehensive portfolio tracking tools provide crystal-clear insights into your investments, empowering you to make informed decisions. Plus, Vanguard's decades-long reputation for security and reliability provides peace of mind, making it the smartest choice for managing your REIT investments.
Key Features:
- Track real estate investment performance.
- Manage diversified real estate holdings.
- Access account information conveniently.
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5. Robinhood
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Robinhood, while not explicitly marketed as a REIT-focused app, allows investment in REITs alongside other stocks and ETFs, offering convenient access to this asset class through its mobile platform. A benefit is its commission-free trading, potentially saving investors money compared to traditional brokerages. However, Robinhood's educational resources on REITs are limited, and its suitability for sophisticated REIT investing strategies is questionable. While its user-friendly interface attracts many, lack of in-depth research tools may be a disadvantage for experienced investors.
Key Features:
- Commission-free stock and ETF trading.
- Access to a wide range of investment options.
- User-friendly interface for simplified investing.
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Other invest in reits app
The most important factors when choosing a invest in reits app
- Fees and Expenses: Consider all fees, including account maintenance, transaction fees, and expense ratios.
- Investment Options: Evaluate the breadth and diversity of REITs offered.
- User Experience: Assess the app's ease of use, navigation, and overall user-friendliness.
- Security and Reputation: Prioritize apps from reputable companies with strong security measures.