Already invested in Estateguru?
Already invested in Estateguru? If so, share your impressions below. Are you happy with Estateguru? Have you encountered an issue that other investors should be aware of? What percentage of your portfolio will be invested in Estateguru?
Discussion started by canythould43 , on 1568 days ago
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Secure transfers but it takes time to be reflected in the wallet.
Few debt collection guarantees; The deadline for recovery of overdue debts is undefined. I started last year, exactly in December, I have invested in 24 projects of which 40% are delayed and some of them are already considered lost, (until the property is sold I will not see a penny) that is, that if it is not sold they will not even return the loan to me.
Secure transfers but it takes time to be reflected in the wallet.
Few debt collection guarantees; The deadline for recovery of overdue debts is undefined. I started last year, exactly in December, I have invested in 24 projects of which 40% are delayed and some of them are already considered lost, (until the property is sold I will not see a penny) that is, that if it is not sold they will not even return the loan to me.
It's a bit strange...you have to keep a close eye on whether it's worth staying with it. The fact that the borrowers are currently being given so many extensions of not weeks but months or even a year, as in this case, I find questionable and too lax on the part of the EG.
I find good projects in progress there. Beautiful buildings to complete. Their platform is well made, simple to use. Attractive returns
The default rate of EstateGuru's loan portfolio has ascended to 14.9%, with Finland and Germany experiencing the highest defaults reaching levels of 32.47% and 30.42%.