LoftyReviews of lofty.ai

I appreciate that Lofty.ai created its platform to be beginner-friendly. I love the entire structure of their platform,

They are still working out the user experience, but it's fairly smooth. Could use less clicks. Max & Co. are great!

Edit 04/21/26 Lofty has made tremendous strides in cleaning up their interface, dealing with scammers, improving transparency, all of the things they needed to do in order to make the platform great. Would be a 5 star, but they recently made the decision to post a bunch of fake reviews on here so I'm taking 1 star off for the attempted deception. Taxes were an abomination again this year as well. Please fix before next April 🙏 Edit 11/03/25 Lofty has been doing a much better job the last 5 months. My governance proposals are no longer being ignored. Jerry has been working on the operating reserve inconsistencies Fees just got reduced I have been shown a workaround to their impossibility of withdrawals in the use of coinbase (had to create a coinbase account) Only major complaints remaining are: 1) zero transparency on lofty held operating reserve funds, which Jerry has promised to resolve by end of the year 2) still highly doubting tax forms will be anything less than an abomination that makes my accountant attempt to Luigi me Original review: "Website doesn't display correct/accurate information. Doing due diligence requires spending every waking moment in the discord, and even then it's really still impossible to know the financials on any property Tax forms are beyond awful (luckily you will be losing money so it's not really an issue 😉) Management doesn't even attempt to stop scammers from listing properties, stealing deeds, paying their friends to do fake appraisals."

Overall: Some pros but notable cons. Best part is the open marketplace. Worst part is what's on the marketplace. I'm adjusting my review to better reflect my experience with the company and systems in place at Lofty - and less reflective of the marketplace offerings. On that note, about the properties on the marketplace... It's great that there's lots of properties to choose from, and I loved that you can actually SELL when you want to, freely, on an open marketplace (something many competitors do not allow - you're locked up!). But many properties are rough. I did a one-year trial run with Lofty. 2 of 3 properties I owned were vacant the majority of this year - one with multiple break ins throughout, and waiting on an inspection for 6 months and counting. Property managers may lack in some competence. Before investing, make sure to look at the ACTUAL returns you can expect immediately on a property before buying (the "Rental Yield" on each property page. There's a lot of factors to consider but for me personally, this one is most important. If a property is at 0%, there's a red flag somewhere. I do not enjoy that things are so ingrained with crypto but they are upfront about it, and offer some things to make it more traditional (like being able to buy via credit card, and withdraw via Paypal in USD).

Good platform. Very innovative and new age alternate investment platform .