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[Eastern Europe] What are the risks in real estate crowd investing platforms?

I came across an advert for "crowd investing" website and something seems fishy to me.

This is the website: https://estateguru.co/investor/

They say that they have "Historical returns of 12.16%"

12.16% is of course insane, since stock market barely returns you 5% inflation adjusted.

So what is the catch? I am fully aware there is no free lunch. I think this platform is somewhat copied from already existing crowd financing real estate platforms in the west specifically for Eastern Europe, so the same issues should apply.

Kindly let me know all the information you have on why this is a BAD IDEA.

Thank you

submitted by /u/RealHedgeFund
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source https://www.reddit.com/r/RealEstate/comments/c6iqst/eastern_europe_what_are_the_risks_in_real_estate/
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