Landa's $5 Real Estate Investment
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Technology
Exclusive: Landa promised real estate investing for $5. Now it's gone dark
74% Informative
Landa , a proptech company that promised to make real estate investment accessible to all, is inoperable.
Users claim they can't access their funds and haven't been paid dividends in months .
The startup is embroiled in litigation, including a lawsuit from its early venture investor Viola .
Over 130 complaints have been filed against Landa to the Better Business Bureau .
Landa is just one of several startups that emerged in recent years offering fractional real estate investing.
It is also apparently not the only one that has struggled, especially after mortgage interest rates began soaring in 2022 .
As of May 23 , Landa ’s investor portal website still redirects to a come-back-soon” maintenance message.
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