InRento’s founder is Gustas Germanavičius, a Lithuanian serial entrepreneur who also co-founded EvoEstate – the largest European Real Estate crowdfunding aggregator – back in 2018. Gustas is still one of the shareholders of that platform in fact, and there is no conflict between the two platforms. InRento properties will most likely feature also on EvoEstate since the latter is a curated aggregation platform.
I recently had the pleasure of chatting with Gustas on my podcast, where he explained that InRento was born out of the need to tap into a gap that he identified in the European real estate market.
According to Gustas, there are many platforms that offer higher-risk property crowdfunding and development deals, but many investors have started to shy away from risky investments. When we look at the lower-risk end of the spectrum, we find that there aren’t many investment opportunities available through online platforms. And that’s where InRento comes in.
InRento offers lower-risk real estate crowdfunding opportunities for those investors who are primarily interested in rental properties rather than in the more popular yet higher-risk development loans platforms.
These investors seek reliable, no-fuss returns on their investments, and are not so much concerned about capital appreciation as they are about the passive income potential of rental properties.
In an age of bank savings accounts giving us no returns (or even negative returns), it’s important to seek investment opportunities that will give us some yield while protecting our principal. In other words – alternatives to bank savings accounts.
In this review, I will first show you how to sign up as an investor on InRento, followed by how to make your first investment.
I will then talk about some important points about the platform and give my final opinion.