Arrived

Arrived (founded 2019, backed by Jeff Bezos) lets anyone in the US invest from $100 with no accreditation, across two very different products that you should judge separately. The original product is fractional ownership of individual single-family and vacation rental homes; the other is the Real Estate Income Fund, which makes short-term loans to residential homebuilders and was previously marketed as the Private Credit Fund before Arrived retired that name (the old arrived.com/private-credit-fund page returns a 404 as of September 25, 2026). The rental-home product is the harder sell today. Arrived does not publish its one-time sourcing fee as a single percentage; per Arrived's fee help article, checked September 25, 2026, the fee is built into each property's offering price rather than disclosed as one number. The recurring asset-management fee is 0.15% of the asset purchase price per quarter on individual single-family homes (0.25% of net assets per quarter for the SFR Fund, and roughly 0.1% of the initial investment per quarter on vacation rentals, per the same source), plus a property-management fee of 8% of rents on long-term rentals that climbs toward 20% to 25% on short-term/vacation homes. Those stacked fees consume most of the rental cash flow: platform-reported dividend yields in Q1 2026 averaged about 3.6% on long-term rentals and 2.4% on short-term, roughly 3.9% blended, which was below what a high-yield savings account paid at the time. The bull case is appreciation, but that thesis is still thin: Arrived reports 173 exited properties at an average 18.6% total return (a cumulative multi-year figure, not annualized and not independently audited) against 550-plus funded properties, so most of the portfolio has never been sold. Homes are 5-to-7-year holds. A secondary market launched in November 2025 (monthly one-week windows, six-month minimum hold); selling costs a 1% broker-dealer fee plus a 1% alternative trading system fee, 2% total per transaction, per Arrived's help center checked September 25, 2026, and liquidity is not guaranteed, pricing is buyer-driven, and you may have to discount to sell. The Real Estate Income Fund is the stronger current story on paper. Arrived's own fund page, checked September 25, 2026, shows a 12-month historical annualized dividend yield of 8.3%, a current dividend yield of 7.3%, a target range of 7-9% after fees and expenses, and monthly yields between 7.30% and 8.86% from April through September 2026, paid monthly. The fund reports 38 active loans, 169 loans repaid in full, a $69M unpaid principal balance, and $0 in cumulative principal losses as of the same check. Arrived's fee help article confirms a 0.3%-of-net-assets asset-management fee per quarter (about 1.2% a year) for this fund; we could not confirm a total annual fee, an organizational fee, or a promote/carry for it on Arrived's current pages, so those figures are not stated here. The catch: redemptions carry a six-month hard lock, then quarterly windows capped at 5% of NAV, subject to fees and to gating at the sponsor's discretion. The zero-loss record is real but short, and it has not been tested through a housing-credit downturn. Arrived is legitimate and SEC-qualified under Regulation A+ Tier 2, which is a disclosure standard, not a safety guarantee. The BBB rates Arrived Homes A- and lists 25 complaints closed in the past three years, as of September 25, 2026 ([BBB](https://www.bbb.org/us/wa/seattle/profile/real-estate-investing/arrived-homes-llc-1296-1000116569/complaints)). How it compares: Fundrise is the obvious alternative, with a $10 minimum, a flat roughly 1% annual fee, no upfront fees, and audited returns near 7%, though you get a diversified fund rather than hand-picked homes. Choose Arrived only if owning specific properties, or earning the Real Estate Income Fund's 7-9% target yield, is worth the higher layered fees and weaker liquidity on the rental side.