Rentier

Archive List for Crowdfunding

LexShares Case #285 Resolved

Summary My 5th investment into commercial litigation crowdfunding has reached finality. It has been 682 days from the time of an ACH transfer to the distribution. The investment has generated a 2.57x MOIC and a 65.57% IRR. Key Events Funding In June 2017, LexShares opened a new investment opportunity. LexShares did not send me a […]

LexShares Case #217 Resolved

Summary My 1st investment into commercial litigation crowdfunding has reached finality. It has been 640 days from the time of an ACH transfer to the distribution. The investment did not generate any profits. Key Events Backstory This was my first litigation funding investment. I signed up on the platform in the middle of February 2017. […]

Beyond The First Million

Portfolio Strategy My asset allocation strategy remains constant. I am willing to accept substantial risk for aggressive growth. I go all-in with litigation finance. I am a big believer in the concentrated portfolio approach. I will enter the world of hedge fund investing when my liquid assets reach $3m. Asset Class Allocation I hold a […]

LexShares Case #281 Resolved

Summary My 7th investment into commercial litigation crowdfunding has reached finality. It has been 73 days from the time of a wire transfer to the distribution. The investment has generated a 1.79x MOIC and a 1740% IRR. Key Events Backstory I scheduled an automatic recurring withdrawal from a hedge fund on a monthly basis. My […]

EVIVA Midtown Project Repaid (iFunding)

EVIVA Midtown Add-on Project Paid Off My 1st preferred equity investment on commercial real estate project has completed. It’s 366 days from the time of capital commitment to the repayment of principal and accrued interest. The investment has generated 19.45% XIRR. Key Events Funding In September 2016, iFunding announced a $600,000 preferred equity follow-on offering […]

Get Rich By Investing in Litigation Financing

Changing Risk Profile and Asset Allocation I recently found a crowd-sourced lawsuit funding platform called LexShares. This platform gives individual accredited investors the opportunity to invest in a wide variety of commercial litigation, such as contracts, international arbitration, intellectual property, and portfolio financing. Litigation finance provides very attractive yields at a lower risk. It is […]

ProudLiving Project Terminated (iFunding)

ProudLiving Project Has Been Terminated My 2nd preferred equity investment on commercial real estate project has been terminated. It’s 36 days from the time of capital commitment to the return of subscription. The estimated opportunity loss was $3,330. Funding In September 2016, iFunding announced a $1.4 million, 2-year preferred equity investment in an apartment portfolio […]

How to Liquidate and Close a Lending Club IRA Account

Backstory I made a prior-year contribution to my traditional IRA in January, thinking that contribution would be tax deductible. Unfortunately that was not the case. An issue came up as the non-deductible IRA contribution was already fully invested in my Lending Club IRA account. I ended up having to liquidate notes to execute a backdoor […]