Holdfolio

Sponsor

"Investor in Two Projects"

Invested in two projects with Holdfolio. I believe both investments will be successful, but there have been some issues: One new build storage project was supposed to take 10 months for construction. Two years later and construction has NOT BEGUN! If I had more money invested, I'd be throwing a fit lol. The only explanation is that interest rates are unexpectedly high. The folks that work at holdfolio are often clueless. They feel like fundraisers right out of college who have never owned real estate themselves. I will say, they are nice and not overly pushy, which is a big positive for me. But, clueless when it actually comes to real estate. I invested with them because I connected directly with the operators. The second project is performing and cash flowing somewhat under expectations, but is otherwise a solid stabilized investment.