EstateGuru Review: Is it good? Don't invest before you read this!
Tartu mnt 10, 10145 Tallinn Estonia
3.7 of 5EstateGuru
- Founding Date:
- October 2013
- Funded Loans:
- Investor Protection:
Interest & Red Flags
- Minimum Interest Rate:
- Maximum Interest Rate:
- Average Interest:
- Red Flags:
- Minimum Investment:
- Minimum Investment Term (Months):
- Maximum Investment Term (Months):
- Loan Originators:
- Payday Loans:
- Personal Loans (Consumer Loans):
- Business Loans:
- Real Estate Loans:
- Other Loans:
- Worst Rating:
- Best Rating:
- Manual Investing:
- Automatic Investing:
- Buyback Guarantee:
- Secondary Market:
- Tax Report:
- Investing Fee:
- Deposit Fee:
- Withdraw Fee:
- Accounting Management Fee:
A fee of €2.50 per month will be charged for inactive accounts.
- Secondary Market Selling Fee:
- Secondary Market Buying Fee:
What is EstateGuru?
EstateGuru is a P2P platform from Tallinn, Estonia, founded in 2013.
The platform offers real estate loans that real estate developers use to finance their projects.
Since its inception, the platform has funded more than €600 million worth of P2P loans, making it one of the mid-sized P2P platforms in Europe.
And among real estate platforms, it is the market leader.
How does EstateGuru make money?
EstateGuru makes 90% of its money from commissions charged to real estate developers.
There are also management fees and other revenues.
Who owns EstateGuru?
EstateGuru was founded by Marek Pärtel, Kaspar Kaljuvee and Marko Arro, who together hold the largest stake in the platform to date, at around 70%.
The remaining 30% is divided between angel investors, venture capital funds and smaller private investors (crowdfunding).
How secure (reputable) is EstateGuru? Is EstateGuru legal?
EstateGuru is regrettably not regulated by an official financial market regulator, which typically dispels any doubts about its safety.
Nevertheless, we would rate EstateGuru as a safe platform.
This is supported by the fact that the platform has financed loans worth more than €600 million, and this would not have been possible without a legal business model.
How does EstateGuru work?
To get started as an investor on EstateGuru, you must first register and deposit money into your account via a bank transfer.
By the way, with a first transfer you also confirm the bank account to which you can make future withdrawals.
After that, you can invest directly in the offered P2P loans.
For investments, the platform requires a minimum investment amount of 50 €, otherwise you do not have to observe any other conditions.
You can choose whether you want to invest manually or automatically.
Moreover, you can invest EstateGuru both on the primary market (initial issuance of loans) and on the secondary market (loans from other investors).
How can I invest on EstateGuru?
On EstateGuru you have the possibility to choose each loan you want to invest in individually.
This makes sense especially in the beginning, when you want to invest your amount quickly.
You can also use the secondary market, if there are not enough loans on the primary market that meet your requirements.
You can automatically invest in the loans with Auto Invest.
Especially convenient in this context is that you can also choose from three preset strategies, which differ according to return and risk expectation:
Individual (set your own strategy).
We have taken a closer look at the suggested strategies and consider them to be appropriate.
However, if you want to follow your own strategy, you can set various preferences.
The most important ones are:
Investment per credit,
How do I get cashback on my investments at EstateGuru?
You can get a cashback of 0.5% on EstateGuru if you use our cashback link*.
For the calculation of the cashback, your investments during the first 90 days (3 months) after your registration are taken into account.
What are the warning signs to watch out for at EstateGuru?
At EstateGuru, we currently have noticed one warning signal that investors should be aware of.
#1 Rapid increase in loan defaults
The development of the global and European real estate market (high inflation & interest rates) also has an impact on the platform\'s loans.
In recent weeks and months, a very large number of difficulties and also defaults occurred on several loans.
This is not necessarily a problem of the platform, but more the fact that on EstateGuru exclusively real estate loans are offered.
with all advantages & disadvantages
Gewichtigung: Age: 40.00%, Funded Loans: 40.00%, Regulation: 20.00%.
The platform is older than 5 years. In the past, sudden failures of platforms that have been on the market for such a long time have occurred very rarely.
The platform has already financed many loans and was able to gain a lot of experience.
The platform is not officially regulated. This means the platform is not subject to ongoing monitoring by an independent third party.
Interest and Risk (40.00%)
Gewichtigung: Average Interest: 50.00%, Red Flags: 50.00%.
The average interest rate is higher compared to other platforms.
Gewichtigung: Automatic Investing: 20.00%, Buyback Guarantee: 20.00%, Secondary Market: 20.00%, Tax Report: 20.00%, App: 20.00%.
Hinweis: Although we take every care to ensure the accuracy of the information and the representative example, no warranty can be given with regard to the correctness, accuracy, timeliness, reliability and completeness of the content. All information is based on the available information from the provider.
Last updated on 14 March 2023