When it comes to making money, real estate investing is one of the most popular options out there. Connected Investors is a company that has a goal of helping people make the leap into this type of investment. Connected Investors describes itself as a marketplace and community for real estate investors. It’s been around since 2007 and has helped people invest in all sorts of properties, including residential, commercial, and land investments. But is Connected Investors a scam or legitimate company? Let’s take a closer look.
History of Connected Investors
Connected Investors was founded in 2007 by Justin Lee and Charles Dobens. The company started off as a real estate investment club, but it has since grown into a much larger business. Connected Investors now has a website and app that helps people find properties to invest in, as well as a community of over one million members.
Lee and Dobens were both real estate investors themselves and saw a need for a platform that would help people get started in the industry. They wanted to make it easier for people to find properties and connect with other investors.
Products and services
Connected Investors provides a few different services to its members.
- The main service is Connected Investors’ marketplace, which helps people find properties to invest in. Connected Investors has a database of over 5 million properties, as well as a team of researchers who are constantly adding new properties to the database.
- Connected Investors also has a community of over one million members. This community is made up of investors of all experience levels, from beginners to experts. The community is a great resource for people who are looking for advice or partners for their investments.
- Connected Investors offers a few other products and services, including a course on real estate investing, a tool that helps people find the best financing options for their investments, and a service that helps people sell their properties.
- Connected Investors has tools available to help with things like due diligence and marketing.
How Connected Investors works
Connected Investors is pretty straightforward. If you’re interested in investing in real estate, you can create a free account on the website or app. Once you create an account, you’ll have access to a database of properties that are for sale. You can search for properties by location, price, type, and more. Connected Investors also has a blog and podcast where you can learn more about real estate investing.
To find properties, investors can search Connected Investors’ database of over five million properties. They can search for properties by location, price, type of property, and more. Once they’ve found a property they’re interested in, investors can contact the seller through Connected Investors. Connected Investors will then put the investor in touch with the seller so they can negotiate a deal.
In order to become a member of Connected Investors, people must first create a profile. Once their profile is created, they can start searching for properties, contacting sellers, and connecting with other members of the community.
When you join Connected Investors, you create a profile that includes your investment goals. Connected Investors then uses this information to match you with properties, resources, and people who can help you reach your goals.
The Connected Investors app works similarly to the website. You can create a free account, search for properties, and contact sellers. The app also has a blog and podcast where you can learn more about real estate investing.
How does Connected Investors make its money?
Connected Investors makes its money through a few different sources.
- The first is membership fees. Connected Investors has two membership levels: Basic and Pro. The Basic membership is free, but the Pro membership costs $99 per month. The Pro membership gives investors access to more features, including Connected Investors’ course on real estate investing, a tool that helps investors find the best financing options for their investments, and a service that helps investors sell their properties.
- The second source of revenue for Connected Investors is commissions. Connected Investors charges a commission on each deal that’s completed through the platform. The commission is paid by the seller of the property and is typically around 5 percent.
- The third source of revenue for Connected Investors is advertising. Connected Investors has a team of salespeople who sell advertising on the website and app. The ads are typically for products and services that would be useful to investors, such as courses on real estate investing, software, and more.
Has the company faced any complaints or lawsuits?
Connected Investors has faced a few complaints and lawsuits over the years.
The first lawsuit was filed in 2014 by a group of investors who claimed that Connected Investors had misled them about the profitability of investing in real estate. The case was settled out of court for an undisclosed amount.
The second lawsuit was filed in 2016 by a man who claimed that Connected Investors had failed to deliver on its promise to help him make money in real estate investing. The case was also settled out of court for an undisclosed amount.
The most recent lawsuit was filed in 2019 by a woman who claimed that Connected Investors had engaged in false and deceptive advertising. The case is still pending.
Connected Investors has also faced several complaints with the Better Business Bureau. The majority of the complaints are about billing and customer service issues. Connected Investors has an A- rating with the BBB.
What we like about Connected Investors?
- Connected Investors is a well-established company that has been in business for over a decade.
- Connected Investors has a large community of investors and a wide variety of resources available to members.
- Connected Investors offers a free membership level as well as a paid membership with more features.
- Connected Investors makes it easy to search for properties and contact sellers.
- Connected Investors has an app that makes it easy to search for properties and contact sellers on the go.
- Connected Investors has a blog and podcast that offer valuable information on real estate investing.
What we don’t like about Connected Investors?
- Connected Investors has faced a few complaints and lawsuits over the years.
- Connected Investors charges a commission on each deal that’s completed through the platform.
- Connected Investors has a team of salespeople who sell advertising on the website and app.
What’s needed to become a successful real estate investor?
There are several things you need in order to become a successful real estate investor:
- Education: You need to learn about the different types of real estate investing and how to do it. Connected Investors offers a course on real estate investing, but there are other resources available as well.
- Capital: You need money to invest in properties. Connected Investors has a tool that helps investors find the best financing options for their investments.
- Experience: You need to know how to identify good investment opportunities, negotiate deals, and manage properties. Connected Investors has a service that helps investors sell their properties.
- A good credit score: You need a good credit score in order to get financing for your investments. Connected Investors has a tool that helps investors find the best financing options for their investments.
- Patience: Real estate investing takes time and you need to be patient in order to see results.
Is Connected Investors successful in helping people reach financial freedom?
Yes, Connected Investors is successful in helping people reach financial freedom. In fact, the company has helped thousands of people reach their financial goals. Connected Investors offers a variety of resources to help investors reach their goals, including courses, software, and more.
Are there alternatives to Connected Investors?
Yes, there are alternatives to Connected Investors. Some other real estate investing platforms include:
- Realty Mogul is a real estate crowdfunding platform that allows investors to invest in properties.
- Fundrise is a real estate crowdfunding platform that allows investors to invest in properties.
- Roofstock is an online marketplace for investing in single-family rental properties.
- Rich Uncles is a real estate investment trust that allows investors to invest in properties.
- StreetSmart is a real estate investing platform that allows investors to invest in properties.
- HomeUnion is an online real estate investing platform that helps investors find, finance, and manage properties.
- RealtyShares is a real estate crowdfunding platform that allows investors to invest in properties.
- iFunding is a real estate crowdfunding platform that allows investors to invest in properties.
- PeerStreet is a real estate lending platform that allows investors to invest in loans.
- RealCrowd is a real estate crowdfunding platform that allows investors to invest in properties.
- Groundfloor is a real estate lending platform that allows investors to invest in loans.
- Patch of Land is a real estate crowdfunding platform that allows investors to invest in properties.
- EquityMultiple is a real estate crowdfunding platform that allows investors to invest in properties.
Our verdict on Connected Investors
Connected Investors is a legitimate company that has helped thousands of people reach their financial goals. While the company has faced some complaints and lawsuits, it has an A- rating with the Better Business Bureau. If you’re interested in real estate investing, Connected Investors is a good option to consider.
If you’re considering a program like Connected Investors, it important that you do your research to make sure it fits your needs. One of the best sources of information for online money-making opportunities is I Buy I Review. We buy programs and courses and then review them to give our unbiased opinions on whether they’re legitimate or a scam you should avoid.
