RealtyMogul
$5,000 non-traded REITs open to all; one REIT's distributions paused in 2026
Rates verified September 9, 2026View platformTracked since2026
0 reviews trackedThe Bottom Line
Minimum
$5,000
Biggest pro
One of the oldest survivors in the category
Biggest con
Apartment Growth REIT distributions paused entirely: a live warning, not a hypothetical
At a glance
Rates verified September 9, 2026- Minimum investment
- $5,000
- Accreditation
- partial
- Fees
- ~1-1.25% annual on the REITs; private-placement fees set per deal by sponsors
- Target return
- Income REIT historically targeted 6-8% annualized distributions (platform-reported); Apartment Growth REIT distributions currently paused
- Liquidity
- Limited, discountable share repurchase programs; effectively multi-year money
- Founded
- 2012
Is it worth it?
~$800 a year on $10,000, if the target holds
A $10,000 stake at the platform-reported 8% target would generate roughly $800 a year before fees. Returns are not guaranteed: fees, defaults, and illiquidity reduce this, and platform-reported figures are not audited.
What is RealtyMogul?
RealtyMogul is one of the oldest survivors in real estate crowdfunding (founded 2012, over $1B invested, platform-reported), and it is visibly straining: the Income REIT cut from monthly to quarterly distributions in January 2026, and the Apartment Growth REIT has paused distributions entirely. A paused-distribution REIT is a live warning about NAV stress in the multifamily book, not a hypothetical.
Both non-traded REITs require $5,000 and are open to non-accredited investors; private placements require accreditation and $25,000-$50,000. REIT fees run about 1-1.25% annually; private-placement fees are set per deal by sponsors. The Income REIT historically targeted 6-8% annualized distributions (platform-reported). Share repurchase programs are limited and discountable; treat this as multi-year money.
There have been no enforcement actions in 14 years of operation, and the 1031-exchange offerings are a genuine differentiator. But the 2026 distribution cut and pause are the current story, and the REITs are fee-loaded relative to public REITs.
Pros and cons
Pros
- One of the oldest survivors in the category
- Non-accredited REIT access with a long income history
- No enforcement actions on record
Cons
- Apartment Growth REIT distributions paused entirely: a live warning, not a hypothetical
- Income REIT cut from monthly to quarterly distributions in January 2026
- Limited, discountable liquidity; effectively multi-year money
- Fee-loaded relative to public REITs
Key details
Two non-traded REITs open to non-accredited investors1031-exchange offeringsPrivate placements for accredited investorsLong operating history since 2012
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RealtyMogul FAQ
What is the minimum investment on RealtyMogul?
$5,000 for both non-traded REITs. Private placements require $25,000-$50,000.
Is accreditation required on RealtyMogul?
No for the two REITs; yes for private placements.
What are the risks of investing on RealtyMogul?
The current facts speak loudest: the Apartment Growth REIT has paused distributions entirely and the Income REIT cut from monthly to quarterly payments in January 2026, signaling real NAV stress in the multifamily book. Share repurchase programs are limited and can be at a discount, so this is effectively multi-year money, and the REITs carry higher fees than comparable public REITs.
Source: realtymogul.com