LandaReviews of landa.app

It seems like a good deal. The stats are hard to find. My balance just keeps slowly going down. I have lost more than 25% of my investment when it seems as if I should be doing good by reviewing the information. I AM CONVINCED IT IS A SCAM. I have used lands for well over a year.

It’s a scam. I wish I listened to the negative reviews.

I would give it zero stars. This is such a scam. I have had money in shares for well over a year and wasn't able to sell them. They said you have to wait until the whole 100k shares are purchased and then you can sell. Sooo...3 month in after having the 100k shares sold....i tried to sell and all of a sudden the value is over half of what I put in....so I lost 50% right off the bat. Still sitti g there with nobody buying. Scam scam scam

I was brought in by the minimum $5 investment advertisement. However, I learned right away that it was $5 PER SHARE and every investment I looked at had a minimum number of shares to buy that brought the investment up to around $100. Took a long time to get my money INTO the account and when I decided to NOT use it, it is taking a MONTH to get my money back (if I get it at all). Update: I did get my money back. It was delayed due to hitting a fraud alert? Money directly from MY account to theirs and back triggers a fraud alert? It was only $50!! However it was just over a month to get out.

Landa is a scam, I bought some share with them only for account suspended no explanation for it and i have sent many mails and chats never get response from a living human being

I’ve had money invested with this company since 2020 and haven’t been able to sell any of my positions or withdraw any of it. The properties I investing in through Landa have not sold any meaningful amount of shares since I invested. That’s over three years of money being locked up with no end in sight. They lock up your funds and use them to purchase other properties and pay their salaries while you’re stuck holding the bag. There is not enough user interaction to fully sell their offerings, which in turn you’re not allowed to sell, and they refuse to buy back shares so the entire scam is fully dependent on customers selling and buying, which just doesn’t happen. They do this purely to screw over customers and ensure their greedy slumlord hands get paid first. Many of the properties are also very poor quality and not worth investing in. The only offering that I was holding at 100% took over 6 months to sell because no one is buying. The price of the shares are arbitrary, your profit will be eaten by fees, and the profit will take decades to be realized. And by then you may still not be able to withdraw your money, if it even exists. It’s a scam and criminal. These guys deserve to be thrown in prison. You’re much better off just investing in real estate ETFs that are actually legitimate. Beyond their criminal activity, and purely from an investment perspective, their offerings are horrendous compared to nearly any real estate security you can buy through the stock market. Avoid Landa at all cost. And if you’ve invested with them, time to start looking for a lawyer to file a class action lawsuit. This company needs to be shutdown immediately

Not only is this project very risky, but the trading and management fees are ridiculous, especially for a newer platform. Management fees take a huge chunk out of dividends, which is honestly bearable...until you realize what the fee is for trading your assets. It is currently 2% on all trades! No matter what level you bought them at, Landa gets a massive commission for selling your assets (note most commission fees that I have seen are a fraction of a percent). Do not invest here. If you have some fun money lying around and are skeptical about the long-term growth of this 'project', STILL don't invest here. Plenty of other venture capital and/or riskier assets that will have much higher payouts than this scam.

We were a contractor for Landa until they stopped paying their bills. They always payed slower, but when communication disappeared and the promise to pay dates were missed. We are now filing several liens on their properties.