Estateguru Reviews 1,514

Many loans are in recovery - seems poor vetting / poor due dilligence regarding the german assets. As the communication is very bad and no progress is visible for months and years, I have written off the loans and the plattform as a whole already months ago. Progress on another front though: Estateguru introduced new fees for inactive accounts. My opinion: What a scam plattform! stay away

3€ charge for withdrawals and 10€ monthly charge for "dormant" accounts... You lot have no shame!
Recover the loans in default and stop charging customers for your terrible management!!!!

I am satisfied with the performing loans comprising most of my portfolio. However, like many investors, I hold non-performing loans in Germany, where recovery has been challenging. I accept part of the responsibility for choosing these loans due to their higher interest rates, but factors beyond my control have exacerbated the situation. EstateGuru has struggled to recoup the equity so far, primarily due to the sluggish German real estate market and the bureaucratic complexities involved in legal enforcement.

That said, I appreciate EstateGuru’s transparency and ongoing recovery efforts. They have made several changes to their credit policy and partnered with external debt servicers to handle problematic loans, which has already led to some recoveries, although the process may take a few years. EstateGuru has also informed me through regular updates, which has been reassuring. In many cases, I have been able to negotiate terms with positive results, and overall, I remain satisfied with the platform. I’ve even increased my portfolio with them and have recommended it to others who are also satisfied.

I wish to add that my customer relations representative has done a fantastic job of advocating for my interests with senior management. Their professionalism and dedication have been instrumental in resolving issues, and I feel well-supported by the team at EstateGuru.

I can't recommend it. Been an investor since 2020. Too many loans go into default. The default processes are very long and often not succesfull. The secondary market does not work with defaulted loans. Getting even 50 % of your defaulted loan capital is very difficult. The collateral values are not legit.

Once a very good P2P platform, today a tragedy in itself - even a service fee of €3 is charged for withdrawing money. The platform is currently doomed to failure

Investments defaulted for over 2 years with zero updates. No due dilligence was done, they approved super dodgy German projects.

FRAUD! I have been waiting for two years!!!

I have tried many platform and this one is by far the worse one. My investment has been in default for several months.

Dont do it. you will not see your investments back again. And if you dont invest for 1 or 2 years there is an inactivity fee.

Intentions of this company are skeptical.

Most of their loans are in default. In addition, they charge large inactivity fees. Stay away!

Like many others, I have a hideous amount of defaulted loans over the last few years. However, what annoys me most, is they have the audacity to write to me suggesting that I should invest more, and yet do not respond to any of my emails. I have written to the CEO, CFO, investor relations and customer support - apart from a standard and useless response from customer support - no other communication as to why they have not recovered these defaulted loans (they have been in default for over 2 years)

Defaulted loans and no recovery

Disrespectful against their investors. After the disaster in the German market which was seemingly driven by greed and mismanagement, they desperately need money. As a result they increased the withdrawal fee from 1 to 3 EUR, and also made changes to the inactivity fees. All with one goal: getting more money from investors pockets.
They are way behind their goals for removing funds and the communication is very bad.
The number shown under earned interest is not really reflecting the real return rate.

I would not recommend this platform and would chose another option (there's plenty).

You better go to the casino because either way you lose all your money. But in the casino you have a chance to walk out with more than you came in with. When you start on Estateguru you can consider it gone. Coming from a costumer whos funds have been in "default" for 3 years.

The worst business in the world.
The way how they treat their customers is the worst I ever experienced...

I invested in estate guru back in 2022, I had lots of projects been defaulted, but right now I have gotten back the 90%+ of my money back and I am waiting for a 20% more of a total of +10% from defaulted loans.
It is difficult for them to answer personally to everyone how the projects are specifically progressing, but I am glad that they are doing the work needed to get the money back for their investors!

Has anybody here reported the company to Estonia finance inspection or taken any legal steps?

This is resembling to a large scam. My portfolio comprises of 6 loans, 3 in default for months without any advance, 1 that immediately became late in the 1st installment, 2 which aren't late because they prolonged it to prevent being shown as late or in default! And if you don't give them more money by investing in 12 months then they will charge an outrageous fee! Stay away from this scam!

Scamming of long term clients, stay away from this company!

Everything they promise about "+14%" ROI is false! Max ROI I have had in the last 4 years, is negative due to many defaults!