Choosing the right fractional real estate platform requires understanding fundamental differences in structure, fees, and long-term positioning. mogul, Arrived, and DiversyFund represent three distinct approaches to fractional real estate investing, and two of them currently offer a primary investment product to non-accredited investors. mogul delivers property-specific LLC membership interests tied to identifiable single-family homes, supported by blockchain-based ownership records and institutional-style underwriting informed by its founders' Goldman Sachs experience. Arrived offers access to residential properties through SEC-qualified Regulation A offerings. DiversyFund, an early entrant in retail real estate investing, no longer offers its original $500 retail REIT product to new non-accredited investors; its only current offering is a Regulation D 506(c) product restricted to accredited investors. This comparison shows why mogul's combination of institutional-style underwriting, a 0% recurring AUM-based management fee, and distinctive investor protections positions it as the superior choice for non-accredited investors building a single-family rental portfolio.
Disclaimer: The information provided in this guide is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult with a licensed professional before making any financial or investment decisions.
Key Takeaways
mogul's team of former Goldman Sachs executives applies institutional-style underwriting informed by that experience, with less than 1% of reviewed properties passing selection and a 12% minimum projected IRR hurdle in bear-case underwriting before a property is offered
mogul charges a 0% recurring AUM-based management fee, alongside an ongoing fee equal to 2.5% of collected rental income. Arrived charges recurring, product-specific asset management fees: 0.6% annually on individual single-family rental series, 1.0% annually on the SFR Fund, 1.2% annually on the Real Estate Income Fund, and a variable fee on vacation rentals
mogul covers up to $10,000 in losses on investments made within a new member's first 7 days if those investments show a loss after year one, a protection that neither Arrived nor DiversyFund discloses
DiversyFund's current offering is available to accredited investors only. The SEC permanently suspended DF Growth REIT II's Regulation A exemption in June 2023. Separately, Growth REIT I's extended term ended December 31, 2025, and it is now in an estimated 12 to 24+ month winding-up period
mogul's blockchain integration on the Avalanche network delivers independently verifiable ownership records, and mogul separately calculates fair market value monthly using third-party appraisal-level data. Arrived updates each property's valuation quarterly, beginning 12 months after that property's initial offering
Both mogul and Arrived use property-specific LLC structures and pay monthly distributions when distributable cash flow exists. mogul targets a 15-20% IRR and reports 18.8% average annual returns across platform properties, while Arrived publishes a 6%-10% estimated historical total return range for its SFR strategies
When evaluating fractional real estate platforms, the practical choice for a non-accredited investor is between mogul and Arrived, because DiversyFund's current product is available to accredited investors only. This comparison examines why mogul's institutional-style underwriting, fee structure, and investor protections deliver compelling value for investors seeking property-level ownership economics.
Understanding Each Platform's Core Positioning
mogul takes a focused approach to fractional real estate, founded by former Goldman Sachs real estate executives who bring $10 billion+ of collective deal experience from Goldman Sachs real estate investing and investment banking teams. Co-founder Joey Gumataotao grew Goldman Sachs' single-family rental platform from $0 to $1 billion in under 12 months. The platform specializes in single-family residential rentals including short-term and mid-term strategies, with more than $90 million in assets invested through the platform and 40,000+ investors. Investors purchase a membership interest in a property-specific investment-club LLC associated with the entity that holds the home, which provides property-level economic and governance exposure rather than name-on-deed ownership. mogul reports that 90% of its investors invest a second time, and when they do it is 3x their first investment.
Arrived positions itself as an accessible entry point to residential real estate. It was founded in 2019, spent 2020 on regulatory and platform work, and launched its first six property offerings in March 2021. Arrived characterizes its community metric as registered investors; a November 2025 Arrived release cited more than 885,000 sign-ups, with continued growth reported since. The platform offers both individual property investments and fund products through SEC-qualified Regulation A Tier 2 offerings. Note that Regulation A is an exemption from registration rather than a form of registration.
DiversyFund has operated as a real estate platform since 2016. Its current structure differs from the other two platforms:
Original $500 retail REIT product is closed to new non-accredited investors
The SEC permanently suspended the Regulation A exemption for DF Growth REIT II in June 2023, as disclosed in Growth REIT II's 2026 annual filing
Growth REIT I's extended term ended December 31, 2025, and the company is now in its winding-up period, which the manager estimates at approximately 12 to 24+ months. This wind-up follows the expiration of the fund's separately extended term, not the SEC action, which concerned REIT II
Growth REIT II remains within its extended term; its current term runs through December 31, 2026, with wind-down to follow
Growth REIT I reported cash dividend payments to its own investors during H1 2025, per its semiannual SEC filing. This reflects Growth REIT I alone rather than a consolidated total across all DiversyFund products
Current offering is a Regulation D 506(c) product for accredited investors
The fundamental difference: mogul provides institutional-style underwriting with property-level LLC ownership economics and no recurring AUM fee, Arrived provides a publicly filed SEC disclosure record with a $100 minimum, and DiversyFund currently offers a product available to accredited investors only.
Investment Options and Property Types
mogul's investment offerings focus on:
Short-term rentals (Airbnb-style properties with potential for higher gross revenue and yields in suitable markets)
Mid-term rentals (30+ day stays addressing workforce housing demand; mogul reports its room-by-room MTR model has operated at 94% occupancy)
Long-term residential rentals with stable tenant relationships
Sale-leaseback arrangements
Membership interests in property-specific LLCs tied to identifiable properties
Arrived's investment options include:
Single-family long-term rentals
Vacation rentals (short-term properties)
Single Family Residential Fund for diversified exposure
Real Estate Income Fund (renamed from the Private Credit Fund during Q2 2026)
City Funds
Series LLC structures in which each series may hold the underlying property through a wholly owned subsidiary LLC
DiversyFund's offerings:
Growth REIT I (legacy; extended term ended December 31, 2025 and now winding up)
Growth REIT II (legacy; extended term runs through December 31, 2026)
Predominantly value-add multifamily assets in the legacy vehicles
Current product: DF 2026 Fixed Income, LLC, a distressed and value-add multifamily fixed-income strategy offered to accredited investors only, with $100,000 and $250,000 minimum subscription classes
mogul's model enables investors to select specific properties with full underwriting transparency rather than relying solely on pooled fund exposure. Each property listing includes projected yields, annual revenue, and market comparisons, and mogul also publishes an overview of its property onboarding process. Try mogul's free real estate calculator to run your own analysis on any U.S. address.
Pricing and Fee Structures: A Critical Comparison
Fee structures significantly impact long-term returns, particularly for real estate investments held over multiple years.
mogul's pricing structure:
Approximately $10,000 average investment, with a typical portfolio allocation of $17,321 per property
A one-time capitalized platform fee. Current public mogul pages describe a one-time fee of up to about 5% of purchase price, and mogul's fee explainer breaks this into a 3% platform component plus a potential 2% setup component where rent-ready preparation is required. Offering-specific deal terms govern
0% recurring AUM-based management fee
2.5% of collected rental income as an ongoing fee
mogul coordinates professional property management; property-level operating expenses, including third-party property-management costs, are borne by the Property LLC, with offering-specific terms governing
Arrived's pricing structure:
$100 minimum investment
3.5% one-time sourcing fee on an individual SFR series property's purchase price, with other acquisition, offering, financing and holding costs disclosed separately
Recurring asset management fees that vary by product: individual SFR properties at 0.15% of purchase price per quarter (0.6% annually); SFR Fund at 0.25% of net assets per quarter (1.0% annually); Real Estate Income Fund at 0.30% of net assets per quarter (1.2% annually); vacation rentals at a variable rental-income-based fee historically averaging about 0.1% of initial investment per quarter. Additional property-level and fund-level expenses can also apply
8% of gross rental income property management expense for SFR properties, and 15%-20% for vacation rentals, plus possible one-time lease-up, renewal, rehabilitation or turn-support expenses
Secondary market trades: the executing broker may receive up to 2.5% on the buy side and up to 2.5% on the sell side
An expected 6%-7% all-in property disposition charge covering brokerage commissions, title, escrow and closing costs; the manager may retain the difference if actual disposition expenses are lower
DiversyFund's pricing:
$500 minimum on the legacy retail product (no longer available to new non-accredited investors)
Growth REIT I's governing terms permit a 2% company-level asset management fee, but that fee was waived for both 2024 and 2025. Separate property-level asset management fees of up to 2% of effective gross income and other transaction fees can apply
The current accredited offering's April 2026 presentation describes DF 2026 Fixed Income, LLC as having no fees or promote at the fund level, with definitive economics set by its governing documents
How the Fee Structures Compare Over a Multi-Year Hold
A single five-year dollar fee total cannot be derived for either platform from an investment amount alone. mogul's ongoing 2.5% fee varies with actual collected rental income, setup treatment varies by deal, and property-level operating expenses affect property economics. Arrived's charges use several different bases, including property purchase price, net assets, rental income, disposition price and specific operating expenses. Any dollar total would require defining the product, purchase price, leverage, rental income, appreciation, operating expenses, sale timing, and secondary-market activity.
What can be compared is structure. mogul does not charge a recurring AUM-based management fee at all. Its capital-based platform and setup fee is front-loaded and capitalized at investment, and its only recurring platform-level charge is tied to rental income actually collected, so it scales with performance rather than with the size of your invested capital. Arrived, by contrast, applies recurring product-specific asset management fees every quarter, calculated from property purchase price for individual SFRs and from net assets for its funds, in addition to property management expenses and disposition charges. For a multi-year hold, the absence of a recurring AUM fee removes an entire category of compounding drag from mogul's structure.
Performance Metrics and Return Expectations
Understanding reported versus realized performance, and comparing like metrics with like metrics, is critical when comparing platforms. An IRR or total-return figure and a dividend yield measure different things: dividend yield captures income only, while IRR captures income plus changes in value over a holding period. The figures below are therefore grouped by metric type.
mogul's performance data:
18.8% average annual returns (IRR) reported across platform properties, compared with the S\&P 500's 9%
Target annual returns of 15-20% IRR (see how IRR is calculated)
Target levered yield of approximately 10-12% for short-term rentals and 12-14% for mid-term rentals, with an approximately 11-13% target weighted-average levered yield across the portfolio
Monthly distributions of proportional distributable net rental income once a property is operational
mogul covers up to $10,000 in losses for new members on investments made in their first 7 days
These are targets and projections rather than realized returns
Arrived's performance data:
A 6%-10% "Estimated Historical Return Range" for SFR strategies, combining historical home-price appreciation and historical dividend data under stated assumptions including a seven-year hold, 6% disposition costs and 3% NOI growth. The range reflects historical data under those assumptions rather than a forward forecast
Q2 2026 average annualized dividend yields of 3.5% for individual SFR properties (with a 1.06%-14.4% range among properties included in the calculation), 4.9% for the SFR Fund, 8.7% for the Real Estate Income Fund, and 2.9% for vacation rentals
Estimated NAVs filed with the SEC effective July 25, 2026 across its series. These are issuer-determined estimated current values, not realized sale results or total-investment outcomes, and they do not by themselves incorporate previously paid dividends
DiversyFund's performance context:
Growth REIT I's disclosed distribution waterfall involves a 7% preferred return, a sponsor catch-up, subsequent profit sharing and a further threshold at 12%. These are waterfall terms rather than a stated cash yield
Growth REIT I paid cash dividends to its investors in H1 2025
Growth REIT II reported no distributions paid or reinvested in 2025 or 2024
No performance data relevant to new non-accredited investors, because no such product is currently offered
On a like-for-like basis, mogul's 15-20% IRR target sits well above Arrived's 6%-10% estimated historical total return range, and mogul's approximately 11-13% target weighted-average levered yield sits well above Arrived's 3.5% Q2 2026 average annualized dividend yield on individual SFR properties. Targets and projections are not realized results, and the two platforms use different methodologies, so these figures should be read as directional rather than as audited, equivalent measurements.
mogul's focus on single-family rentals concentrates investor capital in an asset class that combines rental income with home-price appreciation. Note that home-price indices alone, such as Case-Shiller, measure changes in the value of existing single-family housing stock and do not by themselves represent a rental-property investment return, which also depends on rental income, vacancies, operating expenses, capital expenditures, leverage, financing costs, taxes, transaction costs and disposition proceeds.
Technology and Transparency Approaches
mogul's technology infrastructure:
Avalanche blockchain integration providing independently verifiable ownership records
Fireblocks enterprise custody infrastructure
Monthly fair market value calculations using third-party appraisal-level data, produced separately from the blockchain ownership layer
Investment execution in approximately 30 seconds or less
A dashboard presenting valuations, rental income information and return projections
Arrived's technology:
Web and mobile platforms, rated 4.8/5 on Apple's U.S. App Store as of August 2026
Extensive public SEC filings, including Form 1-U current reports carrying estimated NAV data
Quarterly property valuations beginning 12 months after a property's initial offering, with quarterly manual review by its investment team
Monthly secondary market trading windows after a six-month minimum holding period
Series LLC ownership structure
DiversyFund's technology and reporting:
Investor portal for legacy investors
Public reporting for the legacy REITs through annual Form 1-K and semiannual Form 1-SA filings
Current accredited offering disclosed through a product presentation and definitive private placement documents
No on-demand liquidity mechanism disclosed for Growth REIT I during its wind-up
mogul's blockchain backbone provides permanent, independently verifiable ownership records that exist independently of the platform itself. Separately, mogul calculates fair market value monthly using third-party appraisal-level data. Arrived provides valuations on a quarterly cadence after a property's first 12 months, so the accurate comparison is one of frequency: mogul's stated monthly valuation cadence is more frequent.
Property Selection and Due Diligence Standards
The rigor of property selection directly impacts investor outcomes.
mogul's selection methodology:
Less than 1% of reviewed properties pass mogul's diligence process
A 12% minimum projected IRR hurdle applied as a bear-case underwriting threshold
Proprietary underwriting models combining AVMs and CMA-style analysis
Institutional-style underwriting informed by the founders' Goldman Sachs experience, including nationwide data, inspections and investment-committee scrutiny
mogul invests in every property it offers alongside platform investors, which creates financial alignment
Research analysts and institutional partners help identify upside potential, as described in mogul's explanation of how its investment properties are selected
Arrived's selection process:
In-house due diligence team
Focus on growing rental markets
No disclosed minimum hurdle rate
No disclosed co-investment requirement
DiversyFund's approach:
Legacy vehicles focused predominantly on value-add multifamily assets
A 7% preferred return component within the legacy distribution waterfall
Current strategy targets distressed and value-add multifamily through an accredited-only fixed-income structure
The alignment of interests matters: mogul's capital sits alongside investor capital in every property it offers, helping align management incentives with investor returns. Co-investment aligns economic interests; outcomes still depend on property and market performance. Neither Arrived nor DiversyFund discloses a comparable co-investment requirement.
mogul's free investment property calculator and rental property calculator give investors professional-grade underwriting tools to analyze any U.S. address.
Distribution Frequency and Cash Flow
For investors prioritizing regular income, distribution schedules significantly impact cash flow management.
mogul distributions:
Monthly payments of proportional distributable net rental income once a property is operational, after applicable operating expenses, debt service, fees, capital expenditures and reserves
Distribution amounts vary with each property's operating performance
Potential property-level tax allocations, including depreciation, reported through K-1s under mogul's partnership-taxed structure, subject to each investor's basis, at-risk rules, loss limitations, state taxation, disposition and recapture
Proportional participation in proceeds from eventual property sales after multi-year holds
Arrived distributions:
Monthly dividend payments for individual properties, paid from available property cash flow after expenses and reserves once the property begins generating income
Arrived's property-specific vehicles are Series LLCs that generally elect and qualify as separate REITs for U.S. federal income tax purposes, so investors generally receive REIT-style dividend reporting rather than partnership-style depreciation allocations
5-7 year anticipated hold periods for long-term rentals and generally 5-15 years for vacation rentals
DiversyFund distributions:
The current accredited offering targets quarterly preferred-return payments, subject to 120 to 180 day deal-cycle timing; preferred returns are stated objectives and may accrue without current payment. An August 2026 company release describes three consecutive quarterly income payments
Growth REIT I paid cash dividends in H1 2025 and entered its winding-up period after its term ended
Both mogul and Arrived pay monthly distributions when property-level cash flow allows, a more frequent cadence than DiversyFund's quarterly target schedule. The structural distinction that favors mogul is tax treatment: mogul's partnership-taxed structure may allocate property-level items such as depreciation directly to investors, while Arrived's series generally elect REIT treatment.
Target Investor Profiles
Understanding which platform serves which investor type helps clarify the best fit.
mogul is ideal for:
First-time real estate investors seeking institutional-style underwriting
Investors prioritizing higher return targets (15-20% IRR)
Those who want no recurring AUM-based management fee
Tech-forward investors valuing blockchain-based ownership records and monthly valuations
Investors who value the $10,000 first-week loss protection
Investors seeking monthly income with potential property-level tax allocations
Members who want community features such as mogul Clubs, which distribute up to 2% in rewards to members
Arrived is suitable for:
Investors seeking a low entry point ($100 minimum)
Those who prioritize a publicly filed SEC disclosure record
Investors who want an existing secondary-market exit option after a six-month minimum holding period, subject to monthly windows and buyer demand
Mobile-first users preferring app-based investing
Investors who prefer a platform founded in 2019 with property offerings dating to March 2021
DiversyFund is appropriate for:
Accredited investors, under its current Regulation D 506(c) offering
Those specifically seeking distressed and value-add multifamily exposure through a private placement with $100,000 or $250,000 minimum classes
Investors comfortable with a private placement structure rather than a retail fractional product
Liquidity and Exit Strategies
Real estate investments are inherently less liquid than public stocks, making liquidity and exit options an important consideration.
mogul's liquidity approach:
Properties held for 3-10 years, with newer mogul material describing approximately 5-7 years as typical, and monthly income distributions when distributable cash flow exists
Monthly fair market value calculations using third-party appraisal-level data
A secondary trading market described as coming soon
Blockchain-based ownership records that are independently verifiable
Arrived's liquidity options:
A secondary market launched in 2025; eligible individual-property interests can be offered during limited monthly windows after a six-month minimum holding period, subject to buyer demand and market pricing
The executing broker may charge up to 2.5% on each side of a trade
5-7 year anticipated holds for long-term rentals; generally 5-15 years for vacation rentals
Membership interests in property-specific Series LLCs
DiversyFund's liquidity status:
No on-demand liquidity for legacy investors
Growth REIT I's manager intends to generate liquidity by selling or refinancing properties and returning capital over the wind-up
An estimated 12 to 24+ month winding-up period following December 31, 2025, although timing may vary
Arrived operates a secondary market that is subject to a six-month eligibility period, limited monthly windows, counterparty availability and broker fees of up to 2.5% per side. mogul's secondary trading market is described as coming soon, and mogul's monthly fair market value calculations already give investors more frequent pricing data than a quarterly valuation cadence.
REITs vs. Property-Specific LLC Ownership: Understanding the Structural Differences
The comparison between mogul and both DiversyFund's legacy REITs and Arrived's REIT-electing series highlights a structural difference that affects investor outcomes.
mogul's LLC membership structure provides:
Membership interests in property-specific investment-club LLCs tied to identifiable homes
Potential allocations of property-level tax items, including depreciation, through K-1 reporting under a partnership-taxed structure, subject to individual circumstances
Governance rights proportional to ownership stake, with larger decisions generally subject to voting under each offering's governing documents
Proportional participation in proceeds from specific property sales
Transparency into exactly which property your capital supports
REIT structures, including DiversyFund's legacy REITs and Arrived's REIT-electing series, generally mean:
Pooled or entity-level ownership of the real estate
Depreciation taken at the REIT or entity level, so REIT investors generally do not receive partnership-style allocations of property-level depreciation simply by holding shares. DiversyFund's 2026 Growth REIT I financial statements do record depreciation and amortization expense at the entity level
No governance rights in specific properties for pooled REIT investors
Returns dependent on overall fund performance in the case of pooled vehicles
Reporting at the entity or fund level rather than partnership-style pass-through allocations
For investors seeking property-level tax allocations and property-specific ownership economics, mogul's partnership-taxed LLC structure provides advantages that REIT structures generally cannot match. Learn more about what fractional real estate investing entails and how it differs from traditional REITs.
Why mogul Delivers Superior Value for Real Estate Investors
When comparing these three platforms, mogul emerges as the superior choice for investors seeking accessible, institutional-quality residential real estate exposure.
Key advantages of mogul's approach:
Institutional-style expertise: Former Goldman Sachs executives apply institutional-style underwriting informed by their experience on Goldman Sachs real estate investing and investment banking teams. The team brings $10 billion+ in collective deal experience, with less than 1% of reviewed properties passing selection.
No recurring AUM fee: mogul's 0% recurring AUM-based management fee removes an entire category of compounding fee drag. Its only ongoing platform-level charge is 2.5% of collected rental income, which scales with performance rather than with your invested capital, in contrast with Arrived's recurring quarterly asset management fees of 0.6% to 1.2% annually depending on product.
Distinctive risk mitigation: first $10k protection for new members. mogul covers up to $10,000 in losses on investments made within a new member's first 7 days if those investments show a loss after year one. Neither Arrived nor DiversyFund discloses a comparable protection.
Higher return targets: mogul's 15-20% IRR target and reported 18.8% average annual IRR exceed Arrived's 6%-10% estimated historical total return range, supported by a 12% minimum projected IRR hurdle applied in bear-case underwriting. Targets and projections describe objectives rather than future results.
Blockchain ownership records plus monthly valuations: Avalanche network integration provides independently verifiable ownership records, and mogul separately calculates fair market value monthly using third-party appraisal-level data, a more frequent cadence than a quarterly valuation schedule.
Aligned interests: mogul invests in every property it offers alongside platform investors, creating financial alignment between the platform and its members. Neither competitor discloses a comparable co-investment requirement.
Monthly income: Receive monthly dividends of distributable net rental income when a property is operational and generating cash flow, with potential property-level tax allocations including depreciation reported on a K-1.
Property-level ownership economics: Know exactly which properties your capital supports, with full visibility into each investment's performance metrics and governance rights proportional to your stake.
Professionally vetted and managed properties: mogul coordinates boots-on-the-ground property management across its operating strategies, making real estate investing more accessible and headache-free.
For investors seeking headache-free fractional real estate with monthly income potential, institutional-style property selection, and property-specific ownership economics in single-family rentals, mogul represents the superior approach to building a real estate portfolio. The combination of Goldman Sachs-informed underwriting, no recurring AUM fee, and distinctive investor protections creates compelling value that other platforms in this comparison do not match.
Ready to explore fractional real estate? Analyze potential investments with mogul's free Airbnb calculator or schedule a call to discuss your investment objectives. Members can also refer a friend and get $50 when that friend invests.
Disclaimer: The information provided in this guide is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult with a licensed professional before making any financial or investment decisions.
Frequently Asked Questions
What is DiversyFund's current offering status?
DiversyFund is still operating, and its original $500 retail REIT product is no longer available to new non-accredited investors. The SEC permanently suspended the Regulation A exemption for DF Growth REIT II in June 2023. Separately, Growth REIT I's extended term ended December 31, 2025 and it is now in an estimated 12 to 24+ month winding-up period; Growth REIT II remains within its extended term through December 31, 2026. DiversyFund's current offering is a Regulation D 506(c) product for accredited investors. For non-accredited investors seeking fractional real estate exposure, mogul provides an accessible entry point with institutional-style underwriting and a loss protection feature that DiversyFund does not disclose.
How do mogul's fees compare to Arrived over the long term?
mogul charges a 0% recurring AUM-based management fee, with an ongoing fee equal to 2.5% of collected rental income and a one-time capitalized platform fee described on mogul's current pages as up to about 5% of purchase price. Arrived charges recurring asset management fees that vary by product: 0.6% annually on individual SFR series (0.15% of purchase price per quarter), 1.0% annually on the SFR Fund, 1.2% annually on the Real Estate Income Fund, and a variable fee on vacation rentals, plus an 8% SFR property management expense and 15%-20% for vacation rentals. Neither platform's total multi-year cost reduces to a single dollar figure without specifying product, purchase price, leverage, rental income, expenses and sale timing. The structural difference is that mogul's recurring charge scales with collected rental income rather than with the size of your invested capital or the property purchase price.
What makes mogul's property selection process different from Arrived?
mogul applies institutional-style underwriting informed by its founders' Goldman Sachs experience, with less than 1% of reviewed properties passing selection. Every property must clear a 12% minimum projected IRR hurdle applied as a bear-case underwriting threshold. mogul also invests in every property it offers alongside platform investors, creating financial alignment. Neither Arrived nor DiversyFund discloses a comparable hurdle rate or co-investment requirement. mogul's methodology combines proprietary underwriting models with nationwide data, inspections and investment-committee review, as described on its How It Works page. You can preview this analytical approach using mogul's free investment property calculator on any U.S. address.
Can non-accredited investors use all three platforms?
No. mogul and Arrived both accept non-accredited investors, subject to eligibility requirements such as U.S. residency, citizenship or green-card status in Arrived's case. DiversyFund's current product is limited to accredited investors. For non-accredited investors, mogul provides institutional-style underwriting with distinctive investor protections, while Arrived offers a lower $100 minimum. mogul's protection covering up to $10,000 in first-year losses on a new member's first-week investments is not matched by a disclosed equivalent at either platform. Learn more about choosing a real estate platform before comparing options.
How does mogul's secondary market compare to Arrived's?
Arrived launched its secondary market in 2025. Eligible individual-property interests can be offered during limited monthly windows after a six-month minimum holding period, subject to buyer demand, and the executing broker may charge up to 2.5% on each side of a trade. mogul's secondary market is described as coming soon, and mogul calculates fair market value monthly using third-party appraisal-level data. mogul's blockchain infrastructure on the Avalanche network provides independently verifiable ownership records, and its monthly valuation cadence provides more frequent pricing data than a quarterly valuation schedule.
What kind of returns can I expect from mogul compared to Arrived?
mogul reports 18.8% average annual returns (IRR) across platform properties, versus 9% for the S\&P 500, with target returns of 15-20% IRR and target levered yields of approximately 10-12% for short-term rentals and 12-14% for mid-term rentals. Arrived publishes a 6%-10% estimated historical total return range for SFR strategies based on historical data and stated modeling assumptions, and reported a 3.5% average annualized dividend yield on individual SFR properties in Q2 2026, alongside 4.9% for its SFR Fund, 8.7% for the Real Estate Income Fund and 2.9% for vacation rentals. Estimated NAVs filed with the SEC effective July 25, 2026 report issuer-determined estimated current values rather than realized returns. When comparing, match metric to metric: total return to total return, and cash yield to cash yield. mogul's higher targets are supported by its 12% minimum projected IRR hurdle. Returns vary by property and market conditions, targets describe objectives rather than outcomes, and mogul's loss protection covers up to $10,000 in first-year losses for new members.