Estateguru Reviews 1,514

Absolute scam. Again, being charged a 50 EURO inactivity fee since I haven't invested with this bs platform for over 24 months. DESPITE all my loans on there being defaulted. Then they take a 3 euro withdrawal fee for any withdrawal, even though it's barely worth a few euro. So on this month, for example, I got paid back 5 euro and I either lose all 5 due to the inactivity fee, or I lose 60% of it due to the withdrawal fee. Complete scam.

Estateguru is a robbery, run away from them. Most loans are in recovery, particularly German loans, and for a very long time (think years). On top of that, they charge you 3€ for withdrawals and if you do not withdraw everything or invest, then they charge you 10€ per month for inactivity!! Neither of those charges existed when I invested my money. So tomorrow they could be even higher, if they feel like!! Wonderful business... for them!!!

By submitting a complaint
through the profile picture name tag feature..
I succeeded in getting
back my stolen funds.

AVOID putting your money there. They recently introduced 2 abusive fees:
1. They charge you 3€ every time you withdraw your available cash.
2. If you don't withdraw it, they charge you 10€ per month, as an inactive account penalty.

Large amount of money (loans) defaulted. The worse part they are not recovered for almost 2 years now and THE WORST part, they are introducing higher and higher fees for not investing in their platform. Want to withdraw your 50 recovered euros? Pay 3 eur. And because I havent invested for 24 months now, they are charging me 50 eur per month!!!! Please avoid this company.

Sleazy. Watch out for a ‘50 euro monthly inactivity fee’.

So you have all my "safe" loans (i've only invested in the safest loans you offer) defaulting and therefore never enough profit to invest in the primary market (minimum is 50 euros). All offers on your secondary market are defaulted loans, so basically you are stealing 10 euros every month from the tiny amount of profit that trickles in from the 18 percent of non-defaulted loans I've invested in, unless I "entrust" you with more of my hard-earned money???!!!!

Since years, my balance keeps at €2.600 "In Einholung", without any penny paid out. Even though i spread to "save" countries and so on.

How can you fraud that hard - and no one gets arrested at this company?!

Half of my low risk portfolio in default. No updates from estateguru, project with "recovery complete" still didn't get back my money.

Very bad P2P, I invest on 10 platforms and this is far worst. 70% loans in default with extremelly slow recovery

Overly excessive 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…

Loss of 90% of invested amount in their so called conservative portfolio. So that tells you how well they know their market.
Got companies that never paid me back the interest and loan. Very disappointing company.
Cherry on top of the cake is that while they say they're invested in trying to get the money back, you need to keep your account opened with them and investing, while you wait for payments that never arrive. I waited 3 years.

After making an investment, my loan unfortunately went into "default," as did the majority of others.

Several months later, I was persuaded to hold onto it with the assurance that recovery would occur within approximately eight months, following the sale of the collateral. However, a significantly longer period has passed, and there has been no update or response to my emails.

I strongly advise against using this platform, particularly given the availability of numerous alternatives that demonstrate superior business practices and reliability.

In 2020-2022 it was a p2p platform with slow functiunality, but working. In last 2,5 years they became a refrigerator (hole ?) where are frozen (lost ?) investors money.
According the EstateGuru auto-expert opinion my portfolio was and still is well diversified, in reality 95% of my portfolio are defaulted.
Lack of trancparency, unclear answers from EstateGuru team,... and rising fees for investors... In difficult situation wrong steps ...
Maybe they will be able to recover, but we don't know when and how . The hope still not die ?

Other platform with very high default rate and little communication.
Plus added account inactivity cost and withdrawal fees.
The money it lost in the projects it wants to recover at the expense of investors.

Very bad

Invested in one loan and it got delayed couple of times. Now it got extra 6 months on top of it. Any interest I make goes straight to inactive fee.

Almost a year since my last review, there has been zero progress from Estateguru's side. I have a loan that is due Since 5/1/2022 !!! My funds are frozen approximately 2,5 years, and whenever I contact them I always get the default answer that they are working on it.

On the contrary, I am investing in other platforms and they did give back the funds from frozen investments in a 24-month period. It was slow, but at least I got my investments back.

I am now sure, after all that time, that my money is lost and I will never get them back. Only a miracle can help I guess.

So, if you want to invest in that platform, keep in mind that in a period of crisis, your money will not be available.

The worst investment ever. All in default and without any follow-up on all the defaulted loans. 0 respect for investors money.

"I am deeply dissatisfied with EstateGuru and their handling of my portfolio. While the performing loans may seem decent, I am trapped with a significant portion in non-performing loans in Germany. I was lured by the promise of higher interest rates, but now I'm paying the price.

EstateGuru has proven utterly incapable of recovering the equity on these defaulted loans. The German real estate market is a disaster, and their legal efforts are bogged down in bureaucracy. It's clear they lack the expertise to navigate these complex situations.

Their so-called "transparency" is misleading. They downplay the severity of the problem and offer empty promises of recovery. Their "credit policy changes" are too little, too late. I feel abandoned and ignored by EstateGuru.

The customer service is a joke. My "representative" is powerless and offers little more than platitudes. I have been repeatedly misled and feel completely let down by this platform.
I strongly advise against investing with EstateGuru. They are incompetent and unresponsive to the needs of their investors. it's a SCAM, a pure FRAUD platform"

I used to be pretty confident about Estateguru from the very beginning. My history starts 3+ years ago and the first income of 1.01 euros. But, there are a few but. My portfolio default rate is 31% atm. The platform says my annual return is 9.64%. Which is quite fake, as my real calculated return is 4.17%. Now, reading all those negative feedbacks I'm concerned about my money.