Jeremy Biberdorf
By: Jeremy Biberdorf
March 14, 2024

Tellus App Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
March 14, 2024

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Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Tellus App Logo

4.5/5

4.5 rating based on 5 ratings

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In a Nutshell: In today’s dynamic financial landscape, the Tellus app emerges as a groundbreaking platform, uniquely merging the realms of real estate management and financial growth. With its innovative approach, Tellus caters to a diverse user base, ranging from real estate investors to everyday savers looking for more lucrative avenues to grow their funds.

This comprehensive review aims to shed light on the app’s multifaceted functionality, exploring how it not only simplifies the complexities of property management but also opens doors to passive income opportunities that transcend traditional banking yields. Continue reading to learn all about the Tellus app.

Service TypeFees
Real Estate and SavingsNone
Pros & Cons
Pros
  • Daily boosts enhance APY on deposits, ranging from 5% to 5.9%.
  • Integrates property management tools for real estate efficiency.
  • Features collaborative spaces for investors and property managers.
  • High annual percentage yields on savings accounts.
Cons
  • Savings are not FDIC insured, adding a layer of risk.
  • The app primarily focuses on the US, Canada, and European markets.

What is Tellus?

tellus.com website

Tellus is a groundbreaking platform that seamlessly combines the realms of smart savings and property management, catering to the evolving needs of modern investors and property owners. Positioned at the intersection of finance and real estate, Tellus leverages the stability and potential of real estate investments to offer users a pathway to generate passive income, distinguishing itself from conventional financial platforms.

This unique approach not only provides a buffer against the fluctuations of traditional stock and crypto markets but also democratizes access to real estate investments, making it an attractive option for a broader audience.

With Tellus, users are invited into a world where their savings work harder, backed by the tangible value of real estate, offering a more secure and potentially lucrative alternative to standard savings accounts.

External Tellus Reviews & Ratings

SiteRating
Trustpilottellus trustpilot review

Tellus App Overview

tellus wallet

Navigating the intricacies of real estate and savings has never been more intuitive than with the Tellus app. Designed with user experience at its core, the app boasts a clean, straightforward interface that eliminates the often steep learning curve associated with financial and property management software.

This accessibility makes Tellus an excellent fit for a wide range of users, from seasoned real estate moguls looking for an efficient way to manage their portfolios to individuals taking their first steps into real estate investment. The app’s standout feature is its innovative use of real estate lending to fuel the yields on user savings, setting it apart from more traditional financial platforms and apps.

By tapping into the robust market of real estate, Tellus offers users a unique opportunity to grow their savings at rates that are often more competitive than those found in conventional banking environments.

 

How the Tellus App Works

tellus confirm transfer

 

Embarking on your Tellus journey is streamlined and hassle-free, thanks to the app’s straightforward account funding mechanisms. Whether you prefer ACH transfers directly from your bank or opt for wire transfers, getting started with Tellus is designed to be as simple as possible. Once your account is funded, the real magic begins.

Tellus sets your money in motion, employing it in short-term, collateralized residential real estate loans. This approach not only provides a solid foundation for your savings but also contributes to a steady stream of passive income. Each dollar in your Tellus account is diligently at work, backed by the tangible assets of real estate, offering peace of mind and a clear departure from the abstract nature of stocks and cryptocurrencies.

The daily growth of your savings in the Tellus app is a transparent process, allowing users to witness the evolution of their financial health in real time, all while maintaining the flexibility to access their funds when needed.

Tellus App Features

  • High-Yield Savings: Offers APYs significantly higher than traditional banks.
  • Property Management: Simplifies landlord duties with digital tools for tenant relations and rent collection.
  • Daily Rewards: Unique boosts and quizzes increase daily earnings, engaging users in their financial growth.

Who is the Tellus App For?

  • Real Estate Investors: Ideal for those seeking to diversify their portfolio with real estate-backed earnings.
  • Savers Looking for Higher Yields: Attractive for users dissatisfied with the low returns of conventional savings accounts.
  • Landlords: Offers comprehensive tools for property management, from tenant screening to electronic rent collection.

Final Thoughts

Tellus combines the stability of real estate investment with the liquidity of savings accounts, making it a compelling choice for diverse financial goals. Its property management suite further adds value for real estate professionals, streamlining operations and enhancing tenant relationships. If you’re ready to explore the platform further and get signed up, click here.

Frequently Asked Questions

While Tellus backs every dollar with real estate assets, it’s crucial to note that these savings are not FDIC-insured, introducing a certain level of risk.

Tellus provides a comprehensive set of digital tools designed to ease the day-to-day operations of managing rental properties.

Tellus offers significantly higher interest rates through real estate-backed savings, a stark contrast to the minimal returns of conventional bank accounts.

Tellus offers a low barrier to entry, with no steep minimum deposit requirements, making it accessible to a broad range of savers and investors.

Tellus yields are powered by income from short-term, collateralized residential real estate loans, providing a stable return on your savings.

Yes, Tellus offers liquidity, allowing users to withdraw their funds whenever necessary without processing fees.

Yes, the app includes features for direct communication with tenants and digital management of lease agreements, facilitating smoother operations.

Tellus prides itself on exceptional customer service, with a dedicated team ready to assist users through in-app chat, ensuring a positive experience.

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.