November 1 2022 update
I realize I have been a bit critical of Landa, and I still am unsure if it will truly be a long-term income generator. I do however have to eat crow because it is turning out a monthly dividend on the income I have invested. I started my Landa account as more of a way to test the waters in something other than the stock market. My personal goal when investing is to obtain a 10% return year over year, and if the previous month's results are an indication of how Landa will perform moving forward then I do hope they come out with some more properties that pay out a better dividend than the current one's listed. Landa recently announced that they have become a broker "https://stories.landa.app/new-302d2c8bed0e". This is important because it might affect how much properties cost to obtain. The question I have is will Landa use this new status to help pad their pockets, or pass the savings on to the investors who are enabling them to grow their real estate management portfolio? I think it is still too early to have a definitive answer, but hopefully cutting some costs such as these will enable Landa to obtain some more properties that can provide a good 10% return to the investors, why they enjoy their 9% management fees. This would truly be a win-win for everyone. If you have any questions add a comment and I will do my best to answer them.
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