PeerStreet Review

Donny Gamble
April 28, 2022
Personalincome rating

PeerStreet is a great pick for accredited investors who don’t want to put up an insane minimum, but they’ve had their dry spells with available properties in the past.

The fees are low, the use of SDIRAs and trusts are exceptional, and while there is no mobile app, they’ve done an amazing job at making their website portal intuitive and easy to navigate.

PeerStreet logo
on PeerStreet's website
0.25% - 1.0% setup fee
account fee

No current promotions

Some of the links in this post are from our partners who compensate us. This may influence some of the products and services we write about and choose to review. However, this does not influence our research process and our opinions are our own. Here is how we make money.

The information provided on this page does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual.

Key Takeaways

  • Manageable Fees: You don’t pay more than 1% on investments, and some can go as low as 0.25% depending on your investment startup.
  • Only Real Estate Loans: This isn’t like Fundrise; it’s all real estate loans, and that’s the only financial vehicle here. There are no other ways to invest.

Pros & Cons

  • Low investment for accredited investors
  • Earn interest on un-invested money
  • Automated investing options
  • Short-term investment options
  • Illiquidity rating is high
  • No mobile app

Investing money as an accredited investor usually means putting up a lot at one time, and investing in a real estate project that you really believe in.

PeerStreet is a low-fee, accredited investor-only platform that doesn’t require a huge down payment, but there are some concerns we have about them that we want to bring up.

There’s pitfalls, there’s money to be made, and if you balance it all correctly, you can walk the tightrope without falling in. Let’s talk about what they have to offer you from our findings.

About PeerStreet

PeerStreet was born from the idea that two-way debt investing should be possible, and they’ve achieved that to great success. Previously, debt investing was a very closed-off thing especially for accredited investors, but now it’s accessible and easier than ever.

Founded in 2013 in El Segundo, California, PeerStreet constantly seeks new ways to help you invest in real estate debt to collect profits from a one-of-a-kind investment opportunity.

They’re a transparent company with a solid plan, and they’re executing it at the right time.  Real estate debt investing is a niche area of real estate (and investments in general for that matter), but PeerStreet found a way to make it accessible.

Yes, it’s only for accredited investors, and that can be a bit of a bummer, but it makes sense when you realize how expensive each slice of the pie can be.

They don’t want to just give a fractional share of the debt to 1,000 different people: they’re trying to connect you with ways to invest in real estate debt that put you as the main beneficiary.

From our experience, their platform is transparent, it’s easy to navigate, and not difficult to get started with. If you’re looking to invest in real estate debt, you’ve found the holy grail.


  • Marketplace: You have access to as much real estate debt as they can fit into their platform. Use the marketplace to explore options and opportunities.
  • Completely Customizable Portfolio: You choose how everything works, or utilize the automatic buying option to meet your usual investment habits and do the work for you. Easy money.
  • Set Terms: Set the max loan value, terms, and minimum yield you’re willing to accept to filter out unimportant results and save time while you’re investing.

Pricing & Fees

Thankfully, these online platforms are transparent and focused on their users profiting, but of course they have to make some money as well.

Fees are anywhere from 0.25% up to 1%. While they usually are on the higher end, that’s excellent compared to other platforms that range from 0.5% up to 2.5% in some cases.

Who is PeerStreet Best For?

PeerStreet is specifically designed for accredited investors who want to watch their money grow without having to wait a long time. 

The 6-24 month terms for real estate debt are favorable, and the 2% yield on money that you just have sitting in your account are also fantastic ways to at least match or beat inflation while you look out for the right investment.

If you’re accredited and understand the ins and outs of real estate debt, there’s no reason not to get started.

Compare to Other Platforms

Fundrise logo
Invest and get $10 in shares
Realty Mogul Logo
1% to 1.25%
No current promotions
CrowdStreet logo
0.50% to 2.5%
No current promotions

PeerStreet FAQ's

Is PeerStreet legit and safe?

PeerStreet has been reviewed by our team and is deemed to be safe for anyone to use. Their process makes sure you’re accredited, and they only take on financial debt that they can vet to some extent.

It’s a safe platform with no history of malicious use of user data or issues with paying investors. As of this date and time, there’s nothing pointing towards PeerStreet being anything other than a trustworthy platform.

Is PeerStreet good for beginners?

Beginner investors with small amounts of capital to invest are already likely investing in dividend yield stocks and other forms of investing.

Because you need to have a two-year work history where you earn $200k or more, or be accredited by having a net worth of $1,000,000 or more, it’s likely that beginners will have already started in another investment medium. 

That being said, if this is your first rodeo, PeerStreet does a good job at making everything easy to understand. The only issue is that they don’t appear to have much educational information or content, so you have to learn everything through their site and additional independent research.

How does PeerStreet make money?

PeerStreet makes money from the fees you pay when you invest on their platform. However, that’s not a completely sustainable model, so it’s important to know that PeerStreet also makes money from the money that you leave in your account when it’s not invested.

It’s reasonable to assume that the money in your account is being used to fund their own investments in the meantime through equity.

Can you lose money with PeerStreet?

Yes, you absolutely can. You can lose money with any investment, and it’s likely that you’ll lose money in investments all throughout your life.

It’s just part of the trade. While PeerStreet does a fine job of curating financial real estate debt that looks like it will follow predictable trends, it’s all educated guesses.

You can’t possibly know 100% that an investment will work regardless of its volatility. Be prepared to lose money from time to time, whether it’s on PeerStreet or another platform, and learn as you go.


PeerStreet introduced the first and largest two-sided marketplace for investing in real estate debt.

  • PeerStreet
  • Rating: 4
  • Reviewed by:
  • On April 28, 2022
  • Last modified:May 12, 2022

Review Summary:

PeerStreet introduced the first and largest two-sided marketplace for investing in real estate debt.

Review of: PeerStreet

Reviewed by:
On April 28, 2022
Last modified:May 12, 2022


PeerStreet introduced the first and largest two-sided marketplace for investing in real estate debt.

About the author 

Donny Gamble

I’m Donny. I’m a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.

You may also like

SoFi Invest Review

SoFi Invest Review