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P2P Lending / NFT Lending Forum

Real Estate Crowdfunding => General Discussion => Topic started by: brother7 on December 27, 2016, 11:00:00 PM

Title: 2017 resolution: transition from LC to PeerStreet
Post by: brother7 on December 27, 2016, 11:00:00 PM
I've halted Automated Investing at Lending Club and plan to redeploy funds into real estate crowdfunding.
PeerStreet appeals to me right now. (use affiliate link for 1% Yield Bump)

What convinced me to switch was this Invest Like a Boss podcast (episode 13) comparing PeerStreet and Lending Club.
I like the idea of secured real estate loans vs unsecured consumer loans. The fact that PeerStreet has yet to have a defaulted loan speaks volumes. I expect year-end tax reporting to be a lot easier too.

I'm also researching Fundrise for relatives who are close to retirement and looking for retirement income.

Title: 2017 resolution: transition from LC to PeerStreet
Post by: Fred93 on December 27, 2016, 11:00:00 PM
from: brother7 on December 28, 2016, 08:03:54 PM
Title: 2017 resolution: transition from LC to PeerStreet
Post by: rawraw on December 30, 2016, 11:00:00 PM
I agree with the majority of the above.  One thing I'd tweak:

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Title: 2017 resolution: transition from LC to PeerStreet
Post by: Peter on December 30, 2016, 11:00:00 PM
from: rawraw on December 31, 2016, 01:42:30 PM
Title: 2017 resolution: transition from LC to PeerStreet
Post by: SLCPaladin on January 05, 2017, 11:00:00 PM
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Title: 2017 resolution: transition from LC to PeerStreet
Post by: TravelingPennies on January 07, 2017, 11:00:00 PM
from: SLCPaladin on January 06, 2017, 11:54:22 PM
Title: 2017 resolution: transition from LC to PeerStreet
Post by: TravelingPennies on February 13, 2017, 11:00:00 PM
FUN FACT: PeerStreet's co-founder Brett Crosby also co-founded Google Analytics.
I'm familiar with website marketing/SEO so that credential carries a lot of weight with me.

PeerStreet affiliate link for a 1% bump
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