BulkEstate features only real-estate projects. Interest rates typically vary from 14% to 17% (recent projects were more speculative than early ones); interests are usually repaid in full at the end of the loan, at the same time as the capital.
My opinion on BulkEstate
BulkEstate’s pros & cons
- Opportunity to diversify your portfolio by investing in low-risk real-estate projects
- Limited amount of projects
- Low interest rates compared to competitors
Interest rates are usually between 14% and 17% for a duration of one year or less. There are usually only a few investment opportunities at the same time, with a large amount to invest in. It’s more or less the same situation as with Grupeer‘s loans; you don’t have to check BulkEstate‘s website everyday !
One important difference with P2P lending sites is that both principal and accrued interests are repaid at the loan repayment date; there’s no monthly interest repayment.The minimum investment is 50€, which is higher than for personal loans for example but rather common in real-estate financing.The website provides a basic description provided for each project; compared to CrowdEstate, BulkEstate could provide further details. The SWOT (Strengths/Weaknesses/Threat/Opportunities) matrix, repayment schedule, company rating and risk profile comparison found at CrowdEstate would be welcome additions !
The loans are not guaranteed. However, the value of the properties the loan is invested in helps mitigate the risks.
There’s currently no secondary market. BulkEstate is supposedly working on it, but didn’t provide any timeline.
Opportunity to use auto-invest was added in April 2018. It’s really easy to configure it; the required inputs are maximum investment amount, minimum return and maximum term. Note that thanks to the small number of available projects, it’s still very easy to invest manually.
Website’s ease of use
English, Russian, Ukrainian, Estonian, German
Initially, investors didn’t have the opportunity to fund their BulkEstate account; money had to be wired at time of investment. This could cause troubles if the transfer took too long, and was overall bothersome. Fortunately, an upgrade introduced the opportunity to send funds ahead of time, like most competitors allow.
However, one slightly annoying aspect remains. Before transferring money, it’s mandatory to generate an invoice on BulkEstate’s website, by inputting the transferred amount ahead of time. This is slightly inconvenient, and apart from Crowdestor, no other platform requires it.
Website’s design and ergonomics
I was initially not very satisfied with the usability of BulkEstate‘s website. However, things have improved and it’s much more pleasant to use now.
The investments list is extremely basic, providing very little details. The expected revenues are displayed, but there’s no graph for the planned cash-flow.
On the other hand, the low number of loans and basic repayment structure partially compensate this lack of details.
Actual performance of my BulkEstate portfolio
BulkEstate’s facts and figures
LocationRiga, Lavia – Tallinn, Estonia
Who can invest
Please note that this review may contain affiliate links. It means that I will earn a commission if you decide to invest after clicking through the link – at no additional cost to you, of course -. Please understand that I have experienced all of these companies, and I recommend them because they are helpful and useful, not because of the commissions I make if you decide to invest through my links.