Landa: Invest in Real Estate 4+

Almost ready for takeoff 🚀

As many of you can see from the past reviews, this app has had many many issues during its release. As someone who has watched the company and has decided to try it, many of the past issues have been dealt with and a lot of the problems have been fixed. There are some issues I have experienced with the graphs on the app, but that’s about it right now. Don’t be surprised if In a couple of months or even a year the company will see an increase in popularity and becomes one of the top real estate investing apps. Keep doing what you are doing, keep listening to your community, keep working hard and you will achieve great success as a company.

Developer Response ,

Thank you for all the love and support! Landa is super excited to provide more opportunities for people to invest in real estate. We are excited to have you on Landa! We're constantly working on adding more investment opportunities to Landa. Stay tuned. ❤️

Do research prior to investing

I love the idea ! I think it has great potential. Buy shares at of rental homes instead of buying a home at full price and receive monthly returns. Hopefully they expand over time and increase their transparency. Maybe add some bonuses or something

-There is not much transparency within the app. Most homes are paying 1% or less returns. They tell you how much the previous month was but you need to do your own math, and based on previous reviews it’s been around that percent for a bit. With that- it will take you a very long time, if ever, to break even on your return. And what happens if/when the market drops?
-per other reviews, it is difficult to sell your shares of homes. The company doesn’t buy them back, someone else has to buy them, so they sit in limbo for a while. I haven’t tried, but I’m weary about this. Do not invest a ton of money because it might take a very long time to get it back.
-only in Georgia (as of now). Minimal information and some places have minimal pictures, so you have no idea what you’re actually investing in.

Developer Response ,

Hey there, thank you so much for this feedback! We are always working on ways to improve customer experience, and you brought up some great points. We are working on transparency in the app, and have set some fixes into motion. We hope to offer those updates soon. If you ever have any other suggestions please reach out at hi@landa.app 💚

Poor customer service

I don’t recommend investing with Landa. My account t got locked after trying to withdraw my money back after reading the reviews on here & since then it’s been a month and half while my money has just been sitting in there app $1416 to be exact & they blocked my email registered on the account so they couldn’t get my emails or talk to support in the app. I finally made another email and contacted them explaining I wanted my money back & to just go ahead and close the account. The lady tried to tell me I don’t have any money in the account , as I was sitting looking at it. Im completely devastated. I work hard to just loose 1400 dollars. You can’t even deactivate your account until you withdraw all your money. Hence I can’t deactivate it because my money is still in the account. Yet they won’t give me my money back. Poor customer service & very unprofessional. I highly recommend you read the reviews like I did BEFORE investing any money . I wish there was a place to upload pictures so I could share my proof rather than just give an accusation. Pictures are worth a thousand words.