ReInvest24 Information
- ReInvest24 Website – https://www.reinvest24.com/
- Website Availability – Yes
- Address shown –
- Vesivärava 50, Tallinn,10159, Estonia
- Eberswalderstr. 64, Eberswalde, 194156,Germany
- ReInvest24 Owned By – ReInvest24
- Warned By – Hellenic Capital Market Commission (Greece)
- Domain Age of ReInvest24 – No Information
ReInvest24 Review – A Closer Look at This Real-Estate Investment Platform
To go with real estate investment, ReInvest24 is a winning place when it comes to returns-it boasts that its Total combined return is as much as 14.8 percent, where this yield is made up of both rental yield and capital growth. Average returns are usually touted as a combination of both rent income and an increase in property value, but these are not promising as much promise as user experience and red flags raised by the regulatory aspects.
What is ReInvest24?
According to ReInvest24, access to real estate investments is made possible with fewer legal formalities and lower entry costs. On the platform, retail investors can supposedly partake in property projects all over Europe, with advertised returns looking better than traditional real estate investments. But these nice numbers, with an average annualized return of 14.8%*, appear to be juxtaposed by contrasting user experiences reported by many.
Why ReInvest24 Is Under Scrutiny
Promised vs. Actual Returns
- ReInvest24 promises lucrative returns from rental income and asset appreciation.
- However, the investor cannot rely solely on the performance data to predict their investment growth.
Trust Issues and User Complaints
The ReInvest24 review section on Trustpilot reveals alarming feedback:
- TrustScore: 30/100; extremely low.
- Negative reviews seem to assert that investors are not able to withdraw their profits not even their original capital.
- As one investor expressed, “I had $60,000 invested with them and have earned $125,000 in profits, but I am unable to withdraw the profits. “
Real Investor Experiences
Red Flags Raised by Users:
- Withdrawal requests always result in account freezing.
- After making withdrawal attempts, mysteriously increasing losses appear.
- Customer support is often unresponsive and dismissive.
- Users reported losses of over $500,000.
A user said they only had success after involving outside recovery services, adding proof that something wasn’t right.
Legal Concerns and Blacklisting
- Jurisdiction: Republic of Estonia.
- Blacklisted: By the Hellenic Capital Market Commission of Greece.
Class action suits have also been reported by some affected investors. These very legal problems indicate that this investment platform is not working as transparently and honestly as it claims.
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