BulkEstate is no longer operating as a crowdfunding platform, and the skeleton team that’s left is working on recovering the pending loans. If you’re looking for real estate investment platforms, unfortunately this one is no longer an option.
Alternative Platforms
If you’re looking for other places you can put your money to earn a decent return, consider the following:
- Mintos: Mintos is a leading European P2P lending platform that offers a wide range of investment opportunities, including consumer, business, and real estate loans. With a large number of loan originators and a secondary market, Mintos provides an opportunity for increased diversification and liquidity.
- PeerBerry: PeerBerry is another popular P2P lending platform in Europe that focuses on short-term consumer loans. The platform offers competitive returns, a buyback guarantee, and an Auto Invest feature.
- Bondora: Bondora is an established P2P lending platform that provides investors with various investment options, including consumer loans and a unique “Go & Grow” feature that allows for simple, low-risk investing with instant liquidity.
- Estateguru: For investors looking to diversify into real estate-backed loans, Estateguru is a solid option. The platform offers secured loans with attractive returns and a user-friendly interface.
Hello guys,
Any idea on how to get the money back from BulkEstate?
They are not replying to emails and they do not provide any kind of updates on the pending loans’ recovering activities.
What are you doing about it?
Does anyone know how to intiate a class action against them?
Thanks
Not much we can do about it unfortunately. I don’t know of any class action suit at the moment.
Hola Jean,
Plus one for a lawsuit against Bulkestate.
I invested in Bulkestate a bit after investing in Mintos. So far my experience with Mintos has been great. On Bulkestate however, I got the return of one investment plus interest, but when I tried to transfer the full amount out of the platform to my bank account, they never transferred the money and on my account page it turned to zeros. They never answered any calls or emails. I have more investments there and there was no follow up of the status with those companies. I don’t know if the Borrowing companies ever paid back to Bulkestate and they kept silent.
Another name I have from the company is Baiba Namike – Support Manager.
How is it possible that in 2024 this still has a good score? it’s been two years, since 2022 that they don’t return the money to the investors. They don’t answer emails, they have cut off all communication. Bulkestate is a textbook scam and I’m planning to sue them somehow.
Maybe we can unite and organise a collective lawsuit to try and get our money back? We should find other investors too but I’m in
I was also looking for a way to find people that have been scam. How shall we get in touch? I am well determined to sue Bulkestate and make them pay everyone! I despise scammers.
The more of us together, the better it will be!
LET’S MAKE IT HAPPEN!
Активно пользовался платформой Bulkestate.com. Теперь понимаю, что надо подавать судебный иск. Если на форуме есть рижане, предлагаю встретиться для подачи группового иска.
Indeed, more and more negative news. Although they were in Cannes for an exhibition. They will loose their reputation soon.
Hi Guys, I asked for a withdrawal more than 50 days ago and still nothing. I think this is a scam and Igor is nowhere to be found. They dont answer phone or email.
Hi Rodrigo, and how it is now? They don’t transfer to me for month
Karol
How can you still recommend this platform in 2022? It has now poor rating everywhere and most of their loans are delayed. I just invested 1000EUR on it to test and all projects are delayed with no perspective to recover the money. No update anymore posted on the project pages. The risk of losing all you money on this platform is huge.
I’m invested in 14 projects and there is (till now) one project delayed (11.2022). Communication to the delayed project takes place. Times are difficult, so I guess there will be more delayed projects come up. Estateguru has also issues. We’ll see if bulkestate does a good job to protect our investments.
they closed the communication forums in September 2022. Since then they do not provide any project information I am wondering where you get your communication from. My projects were all prolonged 1 year and supposed to close mid february. 0 new since then and no money. Also based on p2pmarketdata they have not funded anything since June 2022. this platform is on the verge of bankruptcy, if its founder have not already flown with your money. Do NOT go on Bulkestate. Yes Estateguru has it flaws and really messed up in Germany, at least their communication is much better and they take action.
I’ve been interested in trying these real estate P2P sites, if you were to suggest the one with the lowest risk/reward ratio, what would you pick? Bulkestate has given me a good impression so far with their low LTV ratios, zero defaults and good rates, but there are so many platforms out there that there might be better ones
The ones I highlight in this post are all good in my opinion, so it also depends which geographical area you want to invest in.
Sounds very interesting and it seems to be an emerging market. I’ve tried a bit of p2p lending but I’m now looking into crowdfunding as an addition to my portfolio. Think I’ll start with housers as I’m also based in BCN but I may also open an account with the minimum quantity here just to get a feel for it. Many thanks for providing info on these sites, it’s a great help and much appreciated.
You’re welcome Tom, it’s my plan to keep writing about my experiences with these platforms.