Real estate has long served as a cornerstone for building wealth, yet traditional property ownership requires substantial capital, hands-on management, and significant time investment. Fractional real estate investing has changed this equation by allowing investors to own shares of income-producing properties without the six-figure down payments or 3 AM tenant calls. The best part? Many platforms now accept non-accredited investors, which means you do not need to meet the SEC's accredited-investor income thresholds to access at least one retail offering.
What "no income requirements" means in this guide: investors do not need to meet the SEC accredited-investor income thresholds to access at least one retail offering on the platform. Non-accredited investors may still be subject to offering-specific purchase limits based on income or net worth, as well as age, residency, KYC, and other eligibility requirements. Regulation A Tier 2 offerings, which several platforms in this guide use, typically limit a non-accredited investor's purchase to 10% of the greater of annual income or net worth.
This guide examines seven platforms that enable accessible real estate investment in 2026, starting with mogul, a fractional real estate platform club founded by former Goldman Sachs executives that combines institutional-grade underwriting with monthly income distributions and unique investor protections.
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
No accreditation thresholds: All seven platforms accept eligible non-accredited investors without requiring them to satisfy accredited-investor income or net worth tests, making real estate accessible to a broader investor base. Offering-specific purchase limits, residency rules, and onboarding requirements can still apply.
Distribution cadence varies widely: mogul, Ark7, and Arrived pay monthly, Concreit pays weekly, and Fundrise and Roots generally pay quarterly. A monthly schedule provides a more frequent cash-flow cadence and more frequent opportunities to redeploy cash received.
Institutional expertise sets mogul apart: mogul's founding team brings $10 billion or more of investing experience from Goldman Sachs, with less than 1% of reviewed properties passing their selection process.
Unique loss protection exists: mogul offers up to $10,000 in loss coverage for new members' first 7 days of investments, a feature no other platform in this comparison provides.
Investment types vary by product, not just by platform: the products reviewed here range from property-specific equity securities (mogul, Arrived, Ark7) to real-estate-backed Loans and Notes (Groundfloor) to pooled vehicles (Fundrise, Roots, and Concreit Fund I, the last of which holds both credit and equity exposure). Several platforms now offer more than one product category, so product types can differ within a single platform.
1. mogul: Institutional-Grade Fractional Real Estate
mogul delivers fractional ownership in single-family rental properties through a technology-enabled platform built by former Goldman Sachs real estate professionals. mogul reports $90M+ in assets on the platform, with over 65 properties under management.
How Does mogul Work?
mogul purchases income-producing residential properties, places each into a state-registered LLC, and makes ownership interests in those properties available to investors through its investment-club structure. Key highlights:
Investment Structure: Investors purchase membership interests in a property-specific investment-club LLC associated with the LLC that owns the underlying property, providing property-level economic and governance rights. In mogul's own words, "in legal terms" the investor purchases ownership in the investment-club LLC that owns the individual property.
Property Selection: Less than 1% of reviewed properties pass mogul's proprietary underwriting process
Distribution Frequency: Monthly rental income distributions sourced from actual rental collections, tied to property operations and performance
Hold Period: mogul describes a 3-10 year holding framework, with a typical 5-7 year target that varies by property. During the hold, investors receive income and proportional tax allocations, with sale proceeds distributed proportionally to owners.
What Makes mogul Unique?
$10,000 Loss Protection: mogul covers up to $10,000 in losses for new members' first 7 days of investments if those investments show a loss after year one, the only platform in this comparison offering this feature
Goldman Sachs Expertise: mogul was founded by former Goldman Sachs executives, whose team brings $10 billion or more of investing experience
Blockchain-Recorded Ownership: Investor ownership interests are recorded on the Avalanche blockchain, where holdings can be independently verified through Snowtrace
Personal Alignment: mogul invests in every property offered on the platform, aligning management interests with investor returns
Give $50, Get $50: Members who refer a friend get $50 when that friend invests, under the applicable referral program terms
Community Features: mogul Clubs distribute up to 2% in rewards to members
Documented Performance
mogul reports an 18.8% average annual return (IRR) across platform assets, ahead of long-term stock market averages. mogul has also highlighted The Roman in Houston, reporting that a $10,000 investment from May to September returned approximately $1,000, which mogul expresses as a 10% return over the period, or 24% annualized.
mogul additionally reports 40,000+ investors on the platform, with 90% of its investors investing a second time and doing so at 3x their first investment.
Best For: Investors seeking institutional-quality underwriting, monthly income distributions, property-level selection, and downside protection through mogul's unique loss coverage feature.
2. Fundrise: Diversified Private-Market Funds for Hands-Off Investing
Fundrise was founded in 2012. The platform reports approximately $3.4 billion in assets under management and more than 402,000 active investor accounts as of March 31, 2026.
Core Investment Model
Fundrise pools investor capital into diversified private-market funds that invest across multiple property types and geographic markets. Its current real-estate architecture includes vehicles such as the Flagship Fund, the Income Fund, and the consolidated Fundrise eREIT, which follows a 2026 consolidation involving seven legacy eREITs:
Minimum Investment: $10 for taxable accounts; $1,000 for IRAs
Distribution Frequency: Distributions on core real-estate funds are generally paid quarterly, though exact timing varies by vehicle and the manager retains authority to vary payment frequency
Fee Structure: Core Fundrise real-estate strategies generally use a 0.85% annual asset-management fee plus a 0.15% advisory fee; fees vary by product
Investment Type: Fund-based approach with automatic diversification
Key Features
Operating Since 2012: Founded in 2012 with consistent platform growth
Automatic Portfolio Management: Automatic allocation based on the investor's selected Fundrise investment plan
Multiple Investment Goals: Options for supplemental income, balanced investing, or long-term growth
Recent Performance: Fundrise Advisors advisory-client accounts returned 5.75% in 2024 and 6.24% in 2025. Fundrise expressly notes that these figures represent advisory-client account performance and are not the performance of any individual Regulation A fund or any individual investor.
Best For: Beginners seeking a hands-off approach with automatic diversification across property types and markets.
3. Groundfloor: Short-Duration Real Estate Debt
For purposes of this real-estate comparison, Groundfloor provides retail access to real-estate-backed Loans and Notes that fund residential fix-and-flip and bridge projects. Groundfloor's broader 2026 platform also includes products outside real estate, including consumer private credit, which fall outside this article's scope. Groundfloor reports that more than $2.2 billion has flowed through the platform since its 2013 founding.
Investment Approach
Rather than equity ownership, Groundfloor investors in these products fund short-duration loans and notes tied to real estate:
Minimum Investment: Groundfloor real-estate Loan investments can be made in low-dollar increments; minimums vary by product, with several Notes products starting at $100
Investment Duration: Terms vary by product and offering. Certain real-estate bridge loans target 6-18 months, while some structures can extend to 24 months, and Groundfloor Notes are available in 1-, 3-, 6- and 12-month terms
Fee Structure: Groundfloor does not charge investor fees on its core Loans/Notes offerings; other products can have different economics
Investment Type: Debt-backed notes with graded risk levels
Key Features
Shorter Target Duration: Target terms are measured in months rather than years for many real-estate products, though an expected maturity date is not the same thing as liquidity. Repayment timing depends on borrower performance and the terms of each loan.
Risk Grading System: Each loan receives a letter grade (A through G) indicating risk level and corresponding interest rate
Individual Loan Selection: Choose specific projects, with automated reinvestment options that vary by product
Historical Performance: A 2025 SEC filing reports approximately 10.27% annualized ROI for the Groundfloor Loans 1 program's 2024 completed investments. That figure covers one program and one measurement period.
Best For: Investors prioritizing shorter target durations and zero-fee structures on core products who are comfortable with debt-backed investments rather than equity ownership.
4. Arrived: Property-Specific Series Interests in Rental Properties
Arrived offers property-specific Series Interests that provide indirect economic exposure to individual rental properties, alongside pooled products. By July 31, 2026, Arrived reported 985K registered investors and $447 million total invested.
Investment Structure
Arrived purchases rental properties and issues Series Interests to investors. Arrived's current SEC filings describe investors as holding an indirect interest in the corresponding property through those Series Interests rather than direct deed title:
Minimum Investment: $100 minimum investment, including for its Real Estate Income Fund
Distribution Frequency: Monthly distributions, subject to the specific investment generating distributable income
Fee Structure: For current individual single-family-rental series, Arrived discloses a 3.5% sourcing fee and a 0.6% annual asset-management fee, with property-management economics of 8% for the relevant offering. Property-management and other fees vary by offering.
Property Types (individual property offerings): Single-family long-term rentals and vacation rentals. Arrived also offers pooled products, including the Real Estate Income Fund, which invests in real-estate-backed credit.
Key Features
Individual Property Selection: Choose specific homes to invest in
Vacation Rental Exposure: Access to short-term rental properties in tourist markets
Monthly Secondary-Market Windows: Eligible individual-property shares can be listed for peer-to-peer trading during a one-week monthly window after the property has fully funded and the initial holding requirement has been met. This is a peer-to-peer market rather than a platform buyback, and liquidity is not guaranteed.
Eligibility Note: Arrived's current eligibility disclosure requires an investor to be at least 18 and a U.S. citizen or green-card holder residing in the United States for the relevant offerings.
Best For: Investors seeking individual property selection with lower minimums who want exposure to both long-term and vacation rental markets.
5. Ark7: Property-Specific Fractional Securities With Secondary Market Access
Ark7 offers property-specific fractional securities that provide economic exposure to designated single-family rental properties. Ark7 reported 300,000 active investors as of May 2026, along with 80 rental homes across 16 cities.
Platform Features
Ark7 issues Series Interests through legal entities associated with the underlying assets, so investors obtain an interest in the series rather than direct deed title to the property:
Minimum Investment: Entry point beginning at $20 per share
Distribution Frequency: Monthly rental income payments
Fee Structure: Fees vary by Ark7 issuing series. Certain offerings advertise a 3% sourcing fee with 8-15% property-management fees, while a current Ark7 Properties Advance filing specifies a 3% sourcing fee plus an asset-management fee equal to 15% of Free Cash Flow for the relevant series.
Secondary Market: Eligible shares may be listed on PPEX ATS after the applicable 12-month holding period; sale execution and liquidity are not guaranteed
Key Features
Monthly Distributions: One of several platforms offering monthly income payments
Trading Market: Ark7 reported that 31 properties, representing 70% of its portfolio, were actively trading in May 2026 (additional Ark7 disclosure)
Geographic Spread: Properties across multiple U.S. markets
Recent Yield: Ark7's July 3, 2026 portfolio update reports a 4.04% annualized dividend return for June 2026. A recent distribution yield is not a guaranteed future return.
Best For: Investors wanting monthly income with the potential for secondary market liquidity after the initial holding period.
6. Roots: Multi-Market Impact Investing
Roots (InvestWithRoots) operates as a multi-market, multi-state residential real estate investment trust with an emphasis on community impact and resident wealth-building. Roots was formed on December 8, 2020 and began operations in Q2 2021, and its performance history uses July 1, 2021 as its inception reference.
Investment Model
Roots originated in Atlanta and has since expanded well beyond it. As of July 2026, Roots listed properties across Atlanta, Augusta, Oklahoma City, Nashville, and Charlotte, spanning Georgia, Oklahoma, Tennessee, and North Carolina, with its Q2 2026 update announcing expansion into its fourth state:
Minimum Investment: Starts at $100, with standard transaction fees that vary by investment method and membership tier. A $5 fee applies to standard one-time transactions, while recurring investments and Roots+ membership can change or waive that charge.
Distribution Frequency: Quarterly dividends
Investment Type: REIT structure with multi-market residential exposure
Redemption: A limited quarterly redemption program subject to program limits and manager discretion.
Key Features
Multi-Market Footprint: Residential exposure across four states rather than a single metropolitan market
Social Impact: Emphasis on resident wealth-building and community impact through its resident partnership model
REIT Structure: Diversified exposure through a single pooled vehicle
Historical Returns: With performance through July 10, 2026, Roots reports a 13.13% compound annual growth rate since July 1, 2021 and a 12.01% trailing-twelve-month return for July 10, 2025 through July 10, 2026.
Best For: Investors interested in multi-market residential REIT exposure or those prioritizing social impact alongside financial returns.
7. Concreit: Diversified Real Estate Fund With Weekly Distributions
Concreit Fund I is a diversified real-estate investment vehicle with substantial real-estate credit exposure as well as potential direct-property and equity exposure. Its May 2026 audited filing permits investments in direct commercial real estate, real-estate loans, and real-estate-related equity and debt securities, and its reported portfolio as of December 31, 2025 contained both secured-loan participations and private-equity investments.
Investment Approach
Concreit Fund I invests across real-estate-backed loans, direct commercial real estate, and real-estate-related equity and debt securities, with substantial credit exposure:
Distribution Frequency: Weekly income payments, with weekly distribution periods and weekly payment dates documented in Concreit's May 11, 2026 SEC supplement
Fee Structure: A 1.0% annual asset-management fee based on NAV. Redemptions are governed by the current redemption plan.
Investment Type: Diversified real-estate vehicle with substantial credit exposure alongside permitted direct-property and equity exposure
Key Features
Weekly Income: The most frequent distribution schedule among the platforms reviewed
Substantial Credit Exposure: Real-estate-backed lending represents a significant share of the reported portfolio, with equity and direct-property exposure also permitted under the fund's mandate
Redemption Plan Structure: Concreit accepts redemption requests under its redemption plan, with processing subject to the plan's terms and available liquidity
Recent Yield: Concreit Fund I disclosed a 6.30% annualized distribution yield for its May 2026 distribution periods. Concreit states that future distributions are not guaranteed to remain at that level.
Best For: Investors who want frequent income distributions and are comfortable with a pooled vehicle carrying substantial real-estate credit exposure rather than property-level equity selection.
Why mogul Stands Out for Real Estate Investors
Institutional Expertise Applied to Individual Investors
mogul's founding team spent years executing billions of dollars in real estate transactions at Goldman Sachs, bringing $10 billion or more of deal experience to the platform. This institutional background translates into rigorous property selection: less than 1% of reviewed properties pass mogul's proprietary underwriting process. Every property includes detailed financial modeling, market analysis, and risk assessment that mirrors institutional acquisition standards.
Monthly Income for a More Frequent Cash-Flow Cadence
mogul provides monthly rental income distributions. That means up to 12 scheduled distribution periods per year rather than 4, providing more frequent cash-flow intervals and potential reinvestment opportunities than a quarterly schedule. Distributions depend on property operations.
Unique Loss Protection for New Investors
mogul covers up to $10,000 in losses for new members' first 7 days of investments if those investments show a net loss after one year. No other platform in this comparison offers comparable downside protection, adding a layer of coverage for investors entering real estate for the first time.
Blockchain-Recorded Ownership
mogul records investor ownership interests on the Avalanche blockchain, where holdings can be independently verified through Snowtrace. These blockchain records operate alongside property-specific LLC operating agreements and other legal documentation supplied with each property's materials. This gives investors an additional independently verifiable ownership record outside a conventional platform-controlled database.
Property-Level Control With Professional Management
Where fund-based structures pool capital across many properties, mogul lets you select individual properties at the asset level. mogul coordinates professional property management, with licensed property managers handling day-to-day operations. On the mogul platform, decisions under $1,000 are handled by licensed property managers, while decisions over $1,000 are generally put to a vote. Investors receive proportional governance rights under the applicable property LLC and investment-club structure, with significant decisions generally subject to super-majority voting.
Free Investment Tools
mogul provides free analysis tools including the Investment Property Calculator, the Airbnb Calculator, the Rental Property Calculator, and the Real Estate Calculator. mogul describes these calculators as using institutional-style data and analytical methodologies to evaluate potential properties, including scenario and return analysis, and they can analyze U.S. addresses at no cost.
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 does "no income requirements" mean for real estate crowdfunding?
In this guide, "no income requirements" means investors do not need to meet the SEC accredited-investor income thresholds to access at least one retail offering. Individuals can qualify as accredited through financial tests, including income over $200,000 individually or over $300,000 jointly with a spouse or spousal equivalent in each of the prior two years with a reasonable expectation of the same in the current year, or net worth over $1 million excluding the primary residence, or through certain professional credentials and other qualifying categories. All seven platforms in this guide accept eligible non-accredited investors. Non-accredited investors may still be subject to offering-specific purchase limits based on 10% of the greater of annual income or net worth, as well as age, residency, KYC, and other eligibility requirements. For example, Arrived's current eligibility disclosure requires investors to be at least 18 and U.S. citizens or green-card holders residing in the United States, and mogul describes non-accredited accessibility as subject to onboarding, KYC, and eligibility requirements.
How do distribution schedules compare across these platforms?
Monthly distributions provide up to 12 income payments per year rather than 4, offering a more frequent cash-flow cadence and more frequent opportunities to redeploy cash received. mogul, Ark7, and Arrived pay monthly, while Fundrise and Roots generally pay quarterly. Concreit offers the most frequent schedule with weekly payments. Schedules remain product-specific and are not guaranteed.
What's the difference between equity and debt real estate investments?
Equity securities can participate in a property's income and appreciation, while debt securities generally provide contractual interest and principal claims. Property-specific equity securities from platforms such as Arrived and Ark7 provide economic exposure to a designated property's rental income and value through series or entity interests; investors do not generally become direct deeded co-owners. mogul investors similarly hold membership interests in a property-specific investment-club LLC. Risk, duration, liquidity, and tax treatment depend on the specific offering. Whether depreciation or other deductions flow through to an investor depends on the issuer's tax structure, the offering terms, and the investor's own circumstances. mogul investors may receive proportionate real-estate tax allocations, including potential depreciation-related benefits subject to individual tax circumstances.
How liquid are investments on these platforms?
Liquidity varies significantly, and maturity dates, redemption programs, and secondary markets are three different mechanisms. Groundfloor real-estate products have defined target terms, including Notes in 1-, 3-, 6- and 12-month durations and bridge loans targeting 6-18 months, but an expected maturity is not the same as liquidity, since repayment depends on borrower performance. Concreit operates a redemption plan whose processing is subject to plan terms and available liquidity. Ark7 allows eligible shares to be listed on PPEX ATS after a 12-month hold, though a listing does not guarantee a buyer or an executable price. Arrived runs a peer-to-peer secondary market for eligible individual-property shares during monthly windows. Roots offers a limited quarterly redemption program subject to caps and manager discretion, and Fundrise offers quarterly redemption windows on core vehicles. mogul properties are typically held over a multi-year horizon built around monthly income and long-term appreciation, with several exit avenues monitored throughout the hold and a secondary trading market coming soon. Consider your liquidity needs when choosing a platform.
What do investors receive on the mogul platform?
mogul members receive property-level investment selection, membership interests in a property-specific investment-club LLC, professional management coordination, monthly distribution infrastructure, proportional governance rights, and mogul's blockchain-recorded ownership system. The average investment on the platform is around $10k, and the typical portfolio allocation is $17,321 per property. Investors who want to talk through the structure before getting started can book a call with the mogul team.