Arrived Homes vs RealtyMogul (2026): One Is Building, the Other Is Paused

Note that mogul.club and RealtyMogul are unrelated companies despite the name. The other comparison is Mogul vs Arrived (2026).

If you searched "Arrived Homes vs RealtyMogul" expecting a balanced side-by-side, the honest answer is that the comparison stopped being balanced in late 2025. In a five-month span, Arrived raised a $27M Series B from Jeff Bezos and other backers, launched the first true secondary market for fractional real estate shares, and grew its AUM from roughly $337M to $410M. RealtyMogul, in the same window, was sold to a new owner, paused both of its retail REITs to new investors, and continued to pay a 3.0% distribution on a NAV that's down 25–32% from its peak.

Both platforms still have a place in 2026. But for most readers, the place is Arrived.

Quick Comparison

What Each Platform Actually Does in 2026

Arrived

Arrived launched in 2019 with a single product: fractional ownership of single-family rental homes. Today it offers four product lines, all qualified under SEC Reg A+ Tier 2 (CIK 1821720) and all structured as REITs distributing 1099-DIV (no K-1 complexity).

Single-Family Residential (individual properties) — Buy shares of a specific rental home. $100 minimum. Quarterly dividend distributions. Q3 2025 yields ranged 0.4–10.4% across the property book, averaging about 4.0%. Stabilized SFR occupancy 95.89%.

SFR Fund — Diversified pool of single-family rental shares. Q4 2025 annualized dividend yield around 4.0%. Occupancy 96.43%.

Vacation Rentals — Fractional shares of vacation rental properties. Q3 2025 yields 0.4–9.3%, averaging 2.4% — the laggard product line.

Private Credit Fund (PCF) — Short-term real estate loans (6–36 months, $100K–$500K loan size, 50 active loans, $82.25M+ in net assets). Annualized yield 8.1–8.4% in 2025, paid monthly. Zero defaults across 200+ loans since the August 2024 launch. $100 minimum, non-accredited eligible. This is the standout product right now.

Realized exit case study: The Centennial property (sold October 2024) returned 34.7% total return / 11.2% IRR to investors over its hold period. This remains Arrived's most-cited exit and the best evidence that the appreciation thesis can work on the SFR product.

Secondary market (Nov 2025 launch): Arrived launched the first real-world secondary market for fractional real estate shares. 57,000+ buy/sell orders were placed in the first three weeks per CNBC's coverage of the $27M Series B raise. Caveats from BBB complaints: not all properties are eligible yet, sales happen in weekly windows, and some investors report having to discount shares 10–20% to clear them.

RealtyMogul

RealtyMogul launched in 2012, originally an accredited-only single-property platform. The product line evolved to include two retail REITs (MogulREIT I in 2016, MogulREIT II in 2018). On November 10, 2025, The Wideman Company acquired RealtyMogul from venture investors. Wideman is family-owned, headquartered in Orlando, with about $1.2B AUM and 7M+ square feet of commercial real estate under management. Matthew M. Wideman is Chairman and CEO; Christopher D. Wideman is Board Member and COO. Original founder Jilliene Helman departed.

The 2026 product lineup:

The Income REIT (MogulREIT I) — NAV $7.49 per share as of 12/31/2025 (down ~25% from $10 issuance, down ~32% from a peak of about $11). Annualized distribution 3.0% — half its historical 6% rate. Asset management fee 1.0% annualized. Total Asset Value $485M. Status: paused to new investors as of April 2026 pending Offering Circular refresh. Critical underreported fact: 100% of 2022 AND 2023 distributions were classified as return of capital per the 1-K filings. Investors who received "income" in those years actually received their own basis back, taxed as basis reduction rather than ordinary income.

The Apartment Growth REIT (MogulREIT II) — NAV $7.62 per share as of 12/31/2025 (down ~24% from $10). Distribution is not currently a stated annualized rate; quarterly when declared. Cumulatively, $15.2M+ has been distributed across 30 consecutive quarters. Asset management fee 1.25% annualized. Total Asset Value $285M. Status: paused to new investors since July 11, 2025 per its 253G2 pending a strategy amendment toward preferred equity / JV equity in industrial assets.

Individual Private Placements — Accredited investors only, $25,000–$50,000 typical minimum, 3–7 year holds. This is RealtyMogul's actual differentiator and the part Wideman has explicitly committed to — co-investing alongside investors in every new opportunity (an industry-first claim that hasn't yet produced a public deal as of late April 2026).

Returns and Yields: The Honest Side-by-Side

For a $5,000 investor in 2026, here's what each platform's headline product is actually paying right now (Arrived's $100 minimum scales the same percentages):

The Private Credit Fund is the headline. 8.1–8.4% annualized, $100 minimum, non-accredited, IRA-eligible, REIT 1099-DIV — for an income-focused investor in 2026, this is the most under-reported product in the entire crowdfunding space. Most aggregator articles still treat Arrived as an SFR-only platform because that's what it was for its first five years.

For RealtyMogul, the more important number than the 3.0% distribution is the return-of-capital classification. Per the 1-K filings, 100% of MogulREIT I's 2022 and 2023 distributions were return of capital. That means investors received their own basis back, which:

• Is not taxed as ordinary income at the time of distribution (basis reduction)
• Reduces the cost basis of the investment
• Is a signal that the underlying earnings did not support the distribution
• Will eventually be taxed as gain on sale (or partial gain at NAV mark-down)

This is the kind of fact that doesn't appear in most aggregator reviews because it requires reading the 1-K filing. We're flagging it because it's material.

Fees: Where the Comparison Tightens

The headline fee numbers look similar. The difference shows up in two places: the front-loaded sourcing fee at Arrived (which can erode early SFR returns) and the asset management fee being charged on a NAV that's down 25–32% at RealtyMogul.

Liquidity: A Real Difference

Arrived's secondary market (launched November 2025) is the platform's biggest 2026 development. Numbers from the launch window:

• 57,000+ buy/sell orders in the first 3 weeks (per CNBC)
• Weekly trading windows
• Not all properties are eligible (some have lockup periods that extend into 2026)
• BBB complaints document forced 10–20% discounts to clear shares during the early months

This is a genuinely innovative product — no other fractional real estate platform has working price discovery via secondary market. But it's still maturing. If you need to exit a specific share quickly, expect a discount.

RealtyMogul redemption is rationed but predictable:

• Quarterly redemption window after 12-month lockup
• Capped at 5% of weighted-average shares outstanding annually
• Capped at 25% of an investor's holdings per quarter
• Repurchase scaled: 98% of NAV (1–2 yrs) / 99% (2–3 yrs) / 100% (3+ yrs)
• During high-demand quarters, requests pro-rate and roll forward (multi-year wait reports)
• Individual private placements: fully illiquid until property exit

For investors who might need to access funds within 1–2 years, neither platform is ideal — but Arrived's secondary market is the only mechanism that even attempts true liquidity.

Tax Treatment

Arrived issues 1099-DIV for every product (every offering is REIT-structured), arrives in January, no multi-state filings, eligible for the 20% Section 199A QBI deduction (now permanent under OBBBA / P.L. 119-21).

RealtyMogul issues 1099-DIV for both REITs but K-1 for individual private placements — which arrive March-April, can require state filings in the property's state, and add real complexity. If you don't want K-1 hassle, stick to the REITs — but as of April 2026, you can't open a new REIT position at RealtyMogul.

For IRA-held positions:

• Arrived has a documented partnership with Rocket Dollar (Checkbook IRA structure). PCF at 8.4% inside a Roth IRA is tax-free at distribution.
• RealtyMogul works with Equity Trust and other self-directed IRA custodians ($5,000 minimum at most custodians). UBIT/UDFI considerations apply on leveraged positions.

Five Reader Scenarios — Honest Verdict

1. $5,000 to invest, non-accredited, want quarterly income

Winner: Arrived Private Credit Fund. 8.1–8.4% verified annualized yield, $100 minimum, non-accredited eligible, REIT 1099-DIV. RealtyMogul Income REIT pays 3.0% AND is currently paused to new investors. The math isn't close.

2. $25,000+, accredited, wants diversified CRE with property-level due diligence

Winner: RealtyMogul individual private placements. Arrived has no equivalent accredited-only individual deal product. Wideman's commitment to co-invest in every new deal (announced November 2025) is genuinely differentiating — operator skin-in-the-game. Caveat: read each offering memorandum carefully given the recent platform turbulence, and watch for the first Wideman-era deals to land.

3. $1,000, non-accredited, want long-term appreciation in single-family housing

Winner: Arrived (individual SFR shares or SFR Fund). RealtyMogul has no single-family product. Arrived's Centennial exit (34.7% total return, 11.2% IRR over hold) demonstrates the appreciation thesis can work. Risks: liquidity windows, sourcing-fee drag in year 1.

4. Want IRA-eligible passive real estate income

Winner: Arrived + Rocket Dollar. Documented partnership; PCF at 8.4% inside a Roth IRA is tax-free at distribution. RealtyMogul accepts IRAs but adds K-1 complexity on private placements; with both REITs paused, the easy on-ramp is gone.

5. Maximum liquidity is the priority

Winner (qualified): Arrived Secondary Market. 57K orders in 3 weeks proves the mechanism works, but with documented haircuts and eligibility delays. RealtyMogul redemption is more predictable but rationed (5%/yr cap, 98–100% of NAV). Neither is a savings account; if you need cash in 90 days, both are wrong.

Pros and Cons

Arrived

RealtyMogul

What's Driving the Divergence

Three structural reasons RealtyMogul is paused while Arrived is growing:

1. Asset class exposure. RealtyMogul's REITs hold equity in stabilized commercial properties — the assets that took the full mark-to-market from 2022–2023 rate hikes. Arrived's SFR exposure to single-family rentals (lower duration, more dispersed market dynamics) and its Private Credit Fund (short-duration debt) absorbed less of the same shock.

2. Product mix evolution. Arrived's PCF launched in August 2024, right as the rate environment created the opportunity for short-duration RE debt at 8%+. RealtyMogul's product line did not pivot fast enough — the REITs are what they were structurally in 2018, and that structure was ill-suited to the rate environment of 2022–2024.

3. Capital structure of the operator. Arrived raised $27M in Series B with Bezos backing in November 2025 — fresh capital for product development and the secondary market. RealtyMogul required an ownership change (Wideman acquisition) to recapitalize the business. Operator-level capital matters: it determines what new products get launched, how aggressively the secondary market gets built, and how quickly a paused REIT can be restructured and reopened.

FAQ

Honest Verdict

For most readers in April 2026, this isn't a real comparison. Arrived has a $100 minimum, four open product lines including an 8.4%-yielding Private Credit Fund, no accreditation requirement, a working secondary market, and a growing AUM base. RealtyMogul has both retail REITs paused, a 3% distribution on a NAV down 25–32%, and a new owner whose first deal hasn't yet landed.

The exception: an accredited investor wanting to underwrite a specific commercial property at $25K+ per deal. That's the one scenario where RealtyMogul still has a real product Arrived doesn't compete with — and where the new Wideman co-investment commitment actually matters. For everyone else, the answer is Arrived.

If Arrived sounds right, arrived.com is the destination. As we always disclose: Arrived has no affiliate program — we earn nothing if you sign up, which is exactly why we can write this comparison this honestly.

For more context, the Arrived Homes deep-dive review covers the SFR product line in detail, the Arrived Private Credit Fund standalone review covers the 8.4% PCF specifically, the RealtyMogul deep-dive covers RealtyMogul's full product line, and the MogulREIT I vs II comparison covers what's happening inside those paused REITs. For the latest forensic update on RealtyMogul (FY2025 1-K filed April 30 2026, SRP suspension April 21 2026), see MogulREIT I & II NAV Crash 2025-2026. For accredited investors weighing RealtyMogul against Fundrise instead, see Fundrise vs RealtyMogul.

Doing your own underwriting on a property you're considering? Use DealCheck with code BESTDEAL for 20% off — the same rental analysis tool we use ourselves.

— Jorge