Choosing the right fractional real estate platform requires understanding how each approach handles property selection, investor protections, and income generation. mogul, Arrived, and RealT represent three distinct philosophies toward fractional property ownership, though one development reshapes this comparison entirely: RealT's co-founder announced voluntary liquidation on July 2, 2026 and said the company intended to sell its portfolio, and the platform had already closed to U.S. investors by 2025. Among the three platforms compared here, that leaves mogul and Arrived as the two options currently accessible to U.S. retail investors, with mogul's highly selective underwriting and former Goldman Sachs pedigree delivering the stronger proposition for growth-focused investors.
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 reports 18.8% average annual returns (IRR) across platform properties as of June 1, 2026, against the S\&P 500's roughly 9%, as company-reported figures. Arrived publishes a 6-10% estimated historical annual total-return range for its diversified single-family residential strategies. These numbers are not calculated on the same basis (IRR vs. total return, target vs. historical, differing horizons, leverage, and cohort construction), so they should be read directionally rather than as a like-for-like spread.
RealT is in wind-down and is no longer operating as an active new-investment platform: weekly rental distributions were suspended beginning February 2026, and its roughly 700-property Detroit portfolio was placed under an outside fiduciary in April 2026.
mogul's founding team of former Goldman Sachs executives applies a highly selective underwriting screen, with mogul reporting that fewer than 1% of reviewed properties pass its diligence process.
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. We are not aware of a comparable downside feature among the platforms compared here.
mogul's front-loaded fee structure produces materially lower modeled five-year platform-level costs than Arrived's combination of a recurring AUM fee and a disposition fee, on the explicit assumptions modeled below.
mogul processes rental income distributions monthly once a property is operational and has distributable net rental income, while Arrived currently pays or expects monthly distributions across individual income-producing properties and its principal funds.
mogul's blockchain integration on Avalanche delivers transparent ownership records without requiring investors to provide or manage an external, self-custodied crypto wallet.
mogul reports an average investment of roughly $10,000, a typical portfolio allocation of $17,321 per property, more than $90 million in assets on the platform, and 40,000+ investors.
90% of mogul investors invest a second time, and when they do, it is 3x their first investment.
Understanding Each Platform's Core Positioning
The fractional real estate market features platforms with fundamentally different approaches to property ownership, investor access, and technology infrastructure.
mogul positions itself as a fractional real estate platform club founded by former Goldman Sachs executives, with more than $10 billion of combined deal experience. Its mission is to make the world's largest wealth generator, real estate, accessible to investors. The platform focuses on single-family rentals, including short-term, mid-term, and long-term strategies (current materials also list sale-leasebacks among available structures), offering membership interests in property-specific LLCs tied to identifiable homes. mogul reports that fewer than 1% of reviewed properties pass its diligence process, reflecting a highly selective underwriting screen. Readers new to the model can review how mogul works before comparing platforms.
Arrived emphasizes accessibility, allowing investments starting at $100 per property. Founded in 2019 and backed by Jeff Bezos (Bezos Expeditions) and Marc Benioff (Time Ventures), Arrived currently reports approximately 992,000 registered investors, 589+ properties funded, and 67+ active markets. Its positioning favors broad diversification and a first-timer-friendly experience.
RealT pioneered tokenized U.S. rental properties using Ethereum and Gnosis blockchain technology, and the platform is now in wind-down rather than operating as an active new-investment venue. RealT's co-founder announced on July 2, 2026 that the company was entering voluntary liquidation and intended to sell the portfolio; as of mid-July, Detroit Corporation Counsel Conrad Mallett said no corresponding court filing had yet been made. Importantly for U.S. readers, RealT's earlier offerings were available to U.S. accredited investors under Regulation D Rule 506(c); 2025 academic research documents that 18 of those Regulation D offerings were later inactivated or converted to Regulation S, after which U.S. investors could no longer invest, and RealT's February 19, 2025 FAQ described the platform as "currently unavailable" to U.S. investors rather than never available.
The practical distinction: mogul emphasizes selectivity and asset-level ownership, Arrived emphasizes low-minimum accessibility and breadth, and RealT is in wind-down. This article compares three specific platforms rather than surveying the entire market, and mogul publishes further platform comparison guides for readers weighing other options.
Investment Options and Property Types
Each platform's investment offerings reflect their target market and strategic priorities.
mogul's investment portfolio includes:
Short-term rentals (Airbnb-style stays of fewer than 30 days, with target levered yields of roughly 10% to 12%)
Mid-term rentals (stays longer than 30 days and shorter than one year, addressing workforce housing demand; mogul's room-by-room workforce-housing model using 12-week-plus leases has operated at 94% occupancy, with target levered yields of roughly 12% to 14%)
Long-term residential rentals with stable tenant relationships
Sale-leaseback structures alongside the rental strategies above
Membership interests in property-specific LLCs tied to identifiable properties; ownership is held through the entity rather than by individually deeded title
Potential pass-through depreciation allocations and other property-level tax items, subject to offering structure and each investor's circumstances
A stated hold range of 3 to 10 years, with 5 to 7 years typical and offering documents controlling, with distributions processed monthly when distributable net rental income exists
Arrived's investment offerings include:
Long-term rental single-family homes
Vacation rental properties
SFR Fund for diversified exposure
City Funds targeting specific markets
Real Estate Income Fund (renamed from the Private Credit Fund in Arrived's Q2 2026 report), with a 12-month historical annualized dividend yield of 8.45% as of July 2026
Individual property investments
RealT's former offerings (platform now in wind-down):
Tokenized residential properties (Detroit-concentrated)
Weekly distributions, suspended beginning in February 2026
DeFi integration through the RMM protocol, which RealT described as based on Aave
Ethereum/Gnosis dual-chain support
mogul's model enables investors to select specific properties with property-level underwriting detail disclosed rather than being limited to pooled funds. Each property listing includes investment rationale, projected returns and capital structure, market information, and legal documents, giving investors visibility into exactly where their capital is deployed. Use mogul's free investment property calculator to analyze any U.S. address using data and analytical methods comparable to those used by professional real estate firms.
Pricing Structures and Fee Comparison
Fee structures significantly impact long-term returns. The differences between mogul and Arrived reveal distinct value propositions for different investor types.
mogul's pricing structure:
A one-time fee capitalized into the deal, itemized in current disclosures as 3% of purchase price plus an additional 2% setup fee where additional setup is required, and summarized elsewhere as 5%. Offering-specific documents control.
2.5% fee on collected rental income
No recurring annual AUM-based management fee
mogul handles and coordinates professional property management; third-party property-management costs are property-level operating expenses borne by the Property LLC
Entry points begin at $250, while mogul reports an average investment of roughly $10,000 and a typical portfolio allocation of $17,321 per property
Arrived's pricing structure:
$100 minimum investment per property
Sourcing fee varies by offering: current filings include 3.5% of purchase price for certain individual-property series and 5% for certain vacation-rental series
0.6% annual AUM fee on individual properties (0.15% of purchase price per quarter) and 1.0% on the SFR Fund (0.25% of net assets per quarter)
8% of gross rents for SFR property management
15-20% of gross rents for vacation-rental property management, depending on market and management partner, with some series charged 20%
6-7% disposition expense based on property sale price for the relevant individual-property series
RealT's historical pricing (for historical reference only):
Tokens historically started around $50
RealT's February 19, 2025 FAQ disclosed a 10% fee when listing properties and a 2% fee on income, with displayed yields already net of those fees
Secondary-market costs varied by venue, and RealT's documentation does not establish a single universal marketplace transaction rate
Five-Year Modeled Platform Fees (on $10,000 Invested)
Fee comparisons are only useful if the reader can reproduce them. Every assumption behind the model below is stated, so the arithmetic can be checked line by line.
Stated assumptions (identical for both platforms):
$10,000 invested, unlevered, held for five years
The investor's pro-rata share of property purchase price is $10,000
The investor's pro-rata share of annual gross rent is $700 (a 7% gross rent-to-price ratio), held flat
Sale price at exit equals purchase price, so the disposition fee base is $10,000
Long-term single-family rental strategy (not vacation rental)
Excluded from both columns: property-level operating expenses (taxes, insurance, maintenance, capex, and reserves) and third-party property-management costs, which are borne at the property level under both structures
Platform-level fee componentmogulArrived (individual SFR series)One-time acquisition/setup fee$300 (3%), or $500 where the additional 2% setup fee applies$350 (3.5% sourcing fee)Recurring AUM fee over 5 yearsNone$300 (0.6% per year)Fee on rental income~$88 (2.5% of $700 x 5 years)Not charged as a platform-level feeDisposition feeNone disclosed$600-700 (6-7% of sale price)Modeled 5-year platform fees~$388-588~$1,250-1,350
How to read this table. Property management is excluded from both columns because it is a property-level operating expense in both structures. Arrived discloses a specific rate (8% of gross rent for SFR), while mogul's disclosures describe third-party property-management costs as property-level operating expenses borne by the Property LLC.
For an alternative reference point, mogul publishes its own illustrative five-year model showing $500 in upfront fees plus a $150 rental-income fee, for $650 in total mogul fees on a $10,000 investment. That illustration uses its own assumptions and is scenario-specific. As mogul itself notes, headline multi-year costs depend on rental income, fee bases, hold period, setup requirements, and other assumptions.
On the assumptions above, the structural driver of mogul's cost advantage is clear: no recurring AUM fee and no disclosed disposition fee, versus a fee stack that keeps accruing annually and again at sale. Five years is one common modeled holding period, not a universal optimum. Appropriate holding periods vary by property, financing, strategy, transaction costs, and market conditions, and mogul describes a 3 to 10 year range with 5 to 7 years typical.
Target Investors and Accessibility
mogul may suit:
Growth-focused investors seeking concentrated, asset-level exposure
Investors allocating around the reported $10,000 average investment, with a typical portfolio allocation of $17,321 per property
Those prioritizing a highly selective property screen over sheer volume
Tech-forward investors valuing blockchain-recorded ownership without wallet management
Investors seeking monthly income when distributable net rental income exists
First-time real estate investors wanting former-Goldman-Sachs underwriting experience
Arrived may suit:
First-time fractional investors starting at $100
Investors prioritizing diversification across many properties and funds
Investors comfortable with pooled fund exposure alongside individual property series
Qualifying U.S. citizens and green-card holders residing in the 50 states, without accreditation for the listed retail products
RealT historically served:
U.S. accredited investors under Regulation D Rule 506(c) in earlier offerings, and non-U.S. investors under Regulation S, with U.S. access having ended by 2025
Crypto-native investors comfortable with maintaining a compatible wallet
Those seeking weekly distributions, which are now suspended
Performance and Return Profiles
Both active platforms publish performance metrics, though the metrics are constructed differently and are not directly comparable.
mogul's reported performance data:
18.8% average annual returns (IRR) across platform properties, reported by mogul as of June 1, 2026, against roughly 9% for the S\&P 500
Target annual returns of 15% to 20% IRR on current offerings, stated as a target rather than a realized result
Cash-on-cash yield of roughly 8% to 12% across current offerings, with strategy-specific target levered yields of approximately 12% to 14% for mid-term rentals and 10% to 12% for short-term rentals
A 12%+ projected bear-case IRR hurdle applied as an underwriting criterion
Monthly distributions once a property is operational and has distributable net rental income
mogul covers up to $10,000 in losses on first 7 days of investments if those investments show a loss after year one
90% of mogul investors invest a second time, and when they do, it is 3x their first investment
Arrived's reported performance data:
A 6-10% estimated historical annual total-return range for diversified single-family residential strategies (individual properties, SFR Fund, City Funds). Arrived expressly notes that past results are not indicative of future returns, and this is not presented by Arrived as a forward target.
Q1 2026 individual SFR annualized dividend yields averaging 3.6%
Real Estate Income Fund: 8.45% trailing 12-month annualized dividend yield as of July 2026
Approximately 173 properties sold or exited
An average nonannualized total return of approximately 18.6% across those roughly 173 exited properties. This is an exited-property subset, not a portfolio-wide or annualized figure.
95.89% occupancy on stabilized properties in 2025
RealT's historical performance (now suspended):
Returns marketed above 10% annually, reflecting advertised yields rather than verified realized platform performance
Weekly distributions, suspended from February 2026 with almost all payouts stopped by March
RealT reports having distributed more than $29 million in rental income historically, a company-reported figure rather than an independently audited total
A methodology caution. mogul's 18.8% figure is an IRR; Arrived's 6-10% is an estimated historical total-return range; Arrived's 18.6% is a nonannualized average across exited properties only. Comparing these directly without normalizing for time horizon, leverage, realized vs. unrealized treatment, and cohort construction would overstate precision. We present them side by side as directional context, not as a computed performance gap.
The $10,000 loss protection remains an unusual feature: if your total return on investments made within your first 7 days results in a loss during year one, mogul covers up to $10,000 from their own balance sheet capital. We are not aware of a comparable downside feature among the platforms compared here.
mogul's focus on single-family homes positions investors in an asset class that mogul's own analysis, drawing on Federal Reserve and Case-Shiller Home Index data, presents as having outperformed the S\&P 500 from 1993 to 2023 (13.8% IRR vs. 9.8% IRR). Over a 30-year hold, that same analysis shows single-family rentals returning on average 190% higher with 45% less volatility than the S\&P 500.
Technology and Transparency Approaches
mogul's technology infrastructure:
Avalanche blockchain integration for ownership records and tokenization, with Snowtrace available for independent inspection of those records
Fireblocks as part of mogul's digital-wallet, security, and custody infrastructure
Real-time property performance metrics in the investor dashboard
Investment execution in under 30 seconds
Monthly valuation estimates using third-party appraisal-level and comparable-sales data
No self-managed external crypto wallet and no blockchain expertise required; investors transact in USD while mogul maintains the Fireblocks wallet infrastructure in the back end
Planned secondary market for share trading, with pricing and execution reflecting market demand and platform terms
Arrived's technology approach:
A traditional web-based securities platform; its current investor and offering materials describe conventional securities, bank-account funding, REIT structures, and a broker-supported secondary market, and do not disclose a blockchain-based ownership layer
A user experience oriented toward first-time investors
iOS portfolio experience
Bank-account (ACH) funding; secondary transactions use a connected bank account or Arrived cash balance
Secondary market with monthly trading windows after a six-month hold
RealT's former technology:
Ethereum/Gnosis dual-chain tokenization
A compatible crypto wallet was mandatory to hold RealTokens and receive on-chain distributions. MetaMask and Safe were among multiple compatible options, and RealT's own guide also discussed Rabby, the RealToken Wallet, Ledger, Trezor, and Tangem.
DeFi integration through the RMM protocol
Multiple secondary-sale venues rather than a single instant marketplace: decentralized-exchange sales could execute quickly when liquidity was available, while RealT website sale requests generally took about 10 working days and YAM sales depended on finding a counterparty
Now subject to legal and operational restrictions that affect secondary-market liquidity
mogul's blockchain backbone provides verifiable ownership records that can be inspected independently via Snowtrace, without requiring investors to provide or manage their own crypto wallet. That combination of public-chain recordkeeping plus a USD, wallet-free investor experience is the differentiator worth emphasizing.
Property Selection and Due Diligence
Property selection methodology is one of the clearest points of separation between these platforms.
mogul's selection methodology:
mogul reports that fewer than 1% of reviewed properties pass its diligence process, reflecting a highly selective underwriting screen
Proprietary underwriting models combining AVMs and CMAs
Institutional-style analysis drawn from the team's Goldman Sachs backgrounds
mogul says it co-invests alongside members in every property offered
Research analysts and institutional partners identify upside potential
A 12%+ projected bear-case IRR hurdle applied before a property reaches investors
Arrived's vetting process:
589+ properties funded across 67+ active markets
Arrived coordinates property operations and management through third-party managers
Arrived does not publish a comparable property-acceptance rate
RealT's former process:
Detroit-concentrated portfolio. In April 2026, a court-approved agreement placed RealT's roughly 700-property Detroit portfolio under an outside fiduciary.
The alignment of interests matters: mogul says its capital sits alongside investor capital in every property. Co-investment helps align incentives between platform operators and investors.
mogul's free rental property calculator and Airbnb calculator enable investors to analyze any U.S. address, projecting rental income, ROI, IRR, and cash-on-cash yields across multiple scenarios.
Distribution Frequency and Cash Flow Management
For investors prioritizing regular income, distribution schedules affect cash flow management and reinvestment opportunities.
mogul distributions:
Distributions processed monthly once a property is operational and has distributable net rental income, proportional to ownership interest
Rent first funds operating expenses, debt service, fees, capex, and reserves, with remaining distributable net cash going to members
Potential pass-through depreciation allocations and other property-level tax items, subject to basis, at-risk limits, loss-limitation rules, income, state taxes, and eventual depreciation recapture
Proportional participation in eventual property-sale proceeds, subject to offering terms and actual exit conditions
Arrived distributions:
Monthly dividends on individual income-producing properties, with the SFR Fund expected to pay monthly and the Real Estate Income Fund paying interest and dividends monthly
Arrived's general documentation indicates that investors are currently paid monthly
The quarterly cadence in Arrived's documentation applies to fund redemption windows rather than to ordinary fund dividends
Distributions depend on property and fund performance
RealT distributions (historical):
Weekly distributions, suspended from February 2026 with almost all payouts stopped by March 2026
Detroit portfolio under outside fiduciary control
mogul's monthly cadence may allow more frequent opportunities to reinvest than less frequent schedules. Realized compounding depends on the timing of distributions, whether the investor reinvests them, fees, and the return earned on reinvested capital.
Liquidity Options and Exit Strategies
Real estate investments are inherently less liquid than public stocks, and each platform approaches liquidity differently.
mogul's liquidity approach:
Properties held 3 to 10 years, with 5 to 7 years typical and offering documents controlling, with monthly income when distributable net rental income exists
Monthly valuation estimates using third-party appraisal-level and comparable-sales data
Planned secondary-market functionality leveraging blockchain infrastructure, with liquidity, pricing, and execution reflecting market demand and platform terms
Arrived's liquidity approach:
Secondary market with monthly trading windows
Six-month minimum hold and full funding before shares become eligible
As of March 2026, Arrived states its executing broker may receive up to 2.5% on the buy side and up to 2.5% on the sell side of a secondary-market transaction
Quarterly fund redemption windows after the applicable holding period
Approximately 173 properties sold or exited (sponsor-controlled timing)
RealT's former liquidity:
Multiple venues: DEX sales could execute quickly when liquidity existed, RealT website sales generally took about 10 working days, and YAM sales required finding a buyer
Now operating under legal and operational restrictions that affect secondary-market liquidity
mogul's approach is built around the full hold period, and its structural advantages compound over that horizon: no recurring AUM fee, no disclosed disposition fee, asset-level property selection, monthly income when distributable net rental income exists, and a reported 18.8% average IRR.
Backing and Market Credibility
mogul's credentials:
Created by former Goldman Sachs real estate executives, with more than $10 billion of combined deal experience across the founding team
Co-founder Joey Gumataotao grew Goldman Sachs' single-family rental platform from $0 to $1 billion in under 12 months, while co-founder and CEO Alex Blackwood came from Goldman Sachs' Real Estate Investing group and Investment Banking Division
More than $90 million in assets on the platform and 40,000+ investors, with 90% of investors investing a second time at 3x their first investment
$3.6 million seed round led by Anitha Vadavatha of AY Ventures. Tim Draper and Draper Associates participated, with Draper extending an initial pre-seed investment into the seed round.
Advisors and investors include Chris Larsen (co-founder and executive chairman of Ripple) and Rosa Rios (43rd Treasurer of the United States), alongside Draper Associates, Draper B1, Draper Dragon, InterVest, Ava Labs, and the Blizzard Avalanche Ecosystem Fund
Featured in TechCrunch, Forbes, Wired, Fortune, and Business Insider
Arrived's credentials:
Founded 2019
Backed by Bezos Expeditions (Jeff Bezos's personal investment company) and Time Ventures (Marc Benioff's investment fund)
Approximately 992,000 registered investors
Approximately $458-459 million total invested as of August 2026
589+ properties funded, with approximately 173 sold or exited
RealT's credentials (now in wind-down):
Founded 2019 and among the pioneers of tokenized rentals
Reports having distributed more than $29 million in rental income historically, now suspended
A collective legal action in France has been organized, with a complaint submitted to the financial division of the Paris judicial court. French counsel estimates roughly 22,000 clients worldwide, including nearly 14,000 in France. This is not a U.S.-style certified class action.
Voluntary liquidation announced July 2, 2026, with Detroit officials reporting as of mid-July that no corresponding court filing had been made
In the endorsement carried on mogul's About page, Tim Draper, Founding Partner of Draper Associates, credits the mogul team's experience and ambition for driving the firm's investment and says Draper Associates is thrilled to help mogul fulfill its mission of making real estate investing accessible, noting that mogul unlocks equity for investment property owners and takes the work out of ownership. Rosa Rios, 43rd Treasurer of the United States, says that combining real estate and blockchain with the pedigree of co-founders Alex and Joey, she cannot imagine a better team to design and execute the mogul strategy. Chris Larsen, co-founder and executive chairman of Ripple, adds that blockchain can make real estate more accessible and tear down barriers to entry, and that mogul is at the forefront of that change.
Why mogul Delivers Superior Value for Fractional Real Estate Investors
Investors comparing these platforms face a choice between broad, low-minimum exposure and concentrated, highly screened asset-level ownership with a leaner platform fee stack. mogul makes the stronger case for the second, and it does so on differentiators that can be checked.
Verifiable differentiators of mogul's approach:
Highly selective screening: mogul reports that fewer than 1% of reviewed properties clear its diligence process
A stated bear-case discipline: a 12%+ projected IRR hurdle applied as an underwriting criterion
Leaner recurring costs: no recurring AUM-based management fee, against Arrived's 0.6-1.0% annual AUM fee plus a 6-7% disposition expense
Company-reported performance: 18.8% average annual IRR across platform properties, against roughly 9% for the S\&P 500, and a 15% to 20% target IRR on current offerings
Unusual downside feature: up to $10,000 loss coverage on first 7 days of investments if showing a loss after year one; we are not aware of a comparable feature among the platforms compared here
Property-specific exposure: membership interests in property-specific LLCs tied to identifiable homes rather than only pooled funds
Meaningful average allocation: a reported average investment of roughly $10,000 and a typical portfolio allocation of $17,321 per property
Monthly payout cadence: monthly dividends when distributable net rental income exists, real-time appreciation, and tax benefits, which may allow more frequent reinvestment
Blockchain-recorded ownership: Avalanche integration with Snowtrace-verifiable records, without requiring investors to manage an external crypto wallet
Aligned interests: mogul says it co-invests in every property alongside platform investors
Member rewards: community features like mogul Clubs distribute up to 2% in rewards to members, and mogul's refer-a-friend offer pays $50 when a referred friend invests, subject to the referral program terms
Professional oversight: professionally vetted and managed properties, underwritten by former Goldman Sachs executives with more than $10 billion of combined deal experience
For investors seeking headache-free fractional real estate with monthly income potential, a highly selective property screen, and asset-level exposure to single-family rentals, mogul represents, in our view, a compelling route to building a real estate portfolio.
Ready to explore fractional real estate? Analyze potential investments with mogul's free real estate calculator or schedule a call to discuss your investment objectives.
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 happened to RealT and is it still available?
RealT's co-founder announced on July 2, 2026 that the company was entering voluntary liquidation and intended to sell its portfolio; as of mid-July, Detroit officials said no corresponding court filing had been made. Weekly rental distributions were suspended beginning February 2026, with almost all payouts stopped by March, and an April 2026 court-approved agreement placed RealT's roughly 700-property Detroit portfolio under an outside fiduciary. In France, a collective legal action has been organized with a complaint submitted to the financial division of the Paris judicial court. On U.S. access: earlier RealT offerings were open to U.S. accredited investors under Regulation D Rule 506(c), but those offerings were later converted or inactivated, and RealT's February 2025 FAQ described the platform as currently unavailable to U.S. investors. RealT is therefore in wind-down rather than operating as an active platform. For Americans seeking blockchain-based fractional real estate, mogul offers a U.S.-accessible, Avalanche-backed option that does not require investors to manage blockchain infrastructure.
How does mogul's $10,000 loss protection work?
If you invest in mogul properties within your first 7 days as a new member and those investments show a loss after one year, mogul covers up to $10,000 from their own balance sheet capital. For example, if you invest $20,000 across 5 properties for $100,000 in total in your first week and that portfolio value drops to $90,000 after year one, mogul would "true you up" to your original $100,000. We are not aware of a comparable downside feature on the other platforms compared in this article. Specific terms are governed by mogul's applicable program terms and disclosures.
What is the minimum investment required for each platform?
mogul's investments currently start at $250, though mogul separately reports an average investment of roughly $10,000 and a typical portfolio allocation of $17,321 per property, which are averages rather than requirements. Arrived's minimum is $100 per property. RealT tokens historically started around $50, but the platform is in wind-down and is not accepting capital on normal terms.
How do distribution frequencies compare between mogul and Arrived?
mogul processes rental income distributions monthly once a property is operational and has distributable net rental income, proportional to your ownership interest, after operating expenses, debt service, fees, capex, and reserves are funded. Arrived currently pays monthly dividends on individual income-producing properties and expects monthly distributions from the SFR Fund, and the Real Estate Income Fund pays monthly as well. The quarterly cadence in Arrived's documentation refers to fund redemption windows rather than dividend frequency. RealT formerly distributed rental income weekly, suspended from February 2026.
Which platform is better for first-time real estate investors?
Both serve first-time investors with different strengths, and the answer depends on priorities. Arrived's $100 minimum and beginner-oriented interface suit investors testing fractional real estate with minimal capital. mogul's up to $10,000 loss protection, highly selective property screen, 12%+ projected bear-case underwriting hurdle, and absence of a recurring AUM fee offer a different kind of reassurance: a smaller number of more heavily screened deals underwritten by former Goldman Sachs executives. Explore mogul's approach through the free investment property calculator before committing capital.
How does mogul's blockchain integration benefit investors without requiring crypto knowledge?
mogul uses Avalanche blockchain technology to record ownership, with Snowtrace available for independent inspection of those records. Investors transact in USD and are not required to provide or manage an external, self-custodied crypto wallet or to have blockchain expertise, because the Fireblocks wallet infrastructure is maintained in the back end on their behalf. This contrasts with RealT, which required investors to maintain their own compatible crypto wallet (MetaMask and Safe among several options) to hold tokens and receive distributions. What mogul offers is public-chain recordkeeping combined with a conventional USD investing experience.
How do mogul's and Arrived's fees actually compare over five years?
On the modeled assumptions set out above, mogul's platform-level fees come to roughly $388-588 over five years on a $10,000 investment, against roughly $1,250-1,350 for a comparable Arrived individual-property series. The structural driver is that mogul charges no recurring AUM-based management fee, while Arrived layers a 0.6% annual AUM fee on top of a 6-7% disposition expense at sale. One note on scope: property-level operating expenses, including third-party property management, are excluded from both sides because both structures bear them at the property level. Actual outcomes depend on rental income, fee bases, hold period, setup requirements, and the terms of the specific offering documents.