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Author Topic: 2017 resolution: transition from LC to PeerStreet

b
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2017 resolution: transition from LC to PeerStreet
OP: December 28, 2016, 12:00:00 AM
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.

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2017 resolution: transition from LC to PeerStreet
#1: December 28, 2016, 12:00:00 AM
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r
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2017 resolution: transition from LC to PeerStreet
#2: December 31, 2016, 12:00:00 AM
I agree with the majority of the above.  One thing I'd tweak:

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2017 resolution: transition from LC to PeerStreet
#3: December 31, 2016, 12:00:00 AM
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Publisher of the Lend Academy blog

See my returns here: http://www.lendacademy.com/returns
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2017 resolution: transition from LC to PeerStreet
#4: January 06, 2017, 12:00:00 AM
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2017 resolution: transition from LC to PeerStreet
#5: January 08, 2017, 12:00:00 AM
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2017 resolution: transition from LC to PeerStreet
#6: February 14, 2017, 12:00:00 AM
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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