Landa's $5 Real Estate Promise Collapses: What Happened?

Landa’s $5 real estate investing platform has gone dark. Learn what led to its downfall, user complaints, and legal battles.
Matilda
Landa's $5 Real Estate Promise Collapses: What Happened?
Landa’s $5 Real Estate Investment: What Went Wrong? Searching for answers about Landa's real estate investment app ? You’re not alone. Thousands of investors who jumped at the chance to invest in residential properties for just $5 through Landa are now left wondering: Is my money gone? Landa, a once-promising proptech startup , promised to democratize property investing by letting U.S. residents buy fractional shares in real estate with minimal capital. However, the platform has gone dark, users can’t access their funds, and dividends have dried up. Let’s dive into what’s happening with Landa, why it’s facing lawsuits, and what it means for everyday investors.                         Image Credits:Landa A Startup Built on Big Promises Founded in 2019 by Yishai Cohen and Amit Assaraf , Landa aimed to revolutionize property investing with a low-cost, tech-driven model. With over $33 million in funding by 2022, it offered U.S. residents an easy way to own shares of rental properties and ear…