Comments on: How to save time using Prosper http://www.passivefamilyincome.com/tips-making-prosper-passive Passive Income Ideas and Tips Wed, 08 Feb 2012 14:16:39 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: P2P Loan Status - August (2008) | Passive Family Income http://www.passivefamilyincome.com/tips-making-prosper-passive/comment-page-1#comment-360 P2P Loan Status - August (2008) | Passive Family Income Wed, 20 Aug 2008 11:15:45 +0000 http://www.passivefamilyincome.com/?p=67#comment-360 [...] I lend money to fellow borrowers to help them get out of debt and also to generate a form of passive income. I also borrow money from Prosper at a low rate in order to invest in higher yielding income [...] [...] I lend money to fellow borrowers to help them get out of debt and also to generate a form of passive income. I also borrow money from Prosper at a low rate in order to invest in higher yielding income [...]

]]> By: Tracking my P2P borrower account - July (2008) | Passive Family Income http://www.passivefamilyincome.com/tips-making-prosper-passive/comment-page-1#comment-272 Tracking my P2P borrower account - July (2008) | Passive Family Income Wed, 23 Jul 2008 11:12:37 +0000 http://www.passivefamilyincome.com/?p=67#comment-272 [...] I lend money to fellow borrowers to help them get out of debt and also to generate a form of passive income. I borrow money from Prosper at a low rate in order to invest in higher yielding income streams to [...] [...] I lend money to fellow borrowers to help them get out of debt and also to generate a form of passive income. I borrow money from Prosper at a low rate in order to invest in higher yielding income streams to [...]

]]> By: CItyBeautifulVC http://www.passivefamilyincome.com/tips-making-prosper-passive/comment-page-1#comment-259 CItyBeautifulVC Thu, 17 Jul 2008 20:03:05 +0000 http://www.passivefamilyincome.com/?p=67#comment-259 I had a similar experience with Prosper when I started using it 6 months ago. I spent probably 7-10 hours/week at first. I then graduated to saved searches like you and cut my time down significantly, bidding manually. I have now moved on to Portfolio Plans. Each week I have a $50 inbound transfer to prosper (automated) and most of my maintenance is geared towards adjusting the loan amount to minimize the amount of money in the cash account at any time. I probably spend 45 minutes on Prosper each week now, and I'd bet 35 of those 45 minutes are analysis, tracking, and Quicken integration of the account, not loan-picking. If you're interested, here are my stats: http://www.lendingstats.com/lenders/CityBeautifulVC I had a similar experience with Prosper when I started using it 6 months ago. I spent probably 7-10 hours/week at first. I then graduated to saved searches like you and cut my time down significantly, bidding manually.

I have now moved on to Portfolio Plans. Each week I have a $50 inbound transfer to prosper (automated) and most of my maintenance is geared towards adjusting the loan amount to minimize the amount of money in the cash account at any time.

I probably spend 45 minutes on Prosper each week now, and I’d bet 35 of those 45 minutes are analysis, tracking, and Quicken integration of the account, not loan-picking.

If you’re interested, here are my stats:
http://www.lendingstats.com/lenders/CityBeautifulVC

]]> By: Scott @ The Passive Dad http://www.passivefamilyincome.com/tips-making-prosper-passive/comment-page-1#comment-223 Scott @ The Passive Dad Thu, 10 Jul 2008 18:08:23 +0000 http://www.passivefamilyincome.com/?p=67#comment-223 Prosper can be a great source of passive income. I prefer to manually review each of my loans, but the portfolio plans seem to be a good option when you have more money to invest. I agree, it can be very time consuming to research each of the loans. Especially when you get outbid and need to research another loan. Prosper can be a great source of passive income. I prefer to manually review each of my loans, but the portfolio plans seem to be a good option when you have more money to invest. I agree, it can be very time consuming to research each of the loans. Especially when you get outbid and need to research another loan.

]]> By: Dawn http://www.passivefamilyincome.com/tips-making-prosper-passive/comment-page-1#comment-222 Dawn Thu, 10 Jul 2008 16:59:04 +0000 http://www.passivefamilyincome.com/?p=67#comment-222 I just got my first referral bonus for Prosper, so I am about to transfer over another $25 to fund another loan. This will be my third loan so far. I just got my first referral bonus for Prosper, so I am about to transfer over another $25 to fund another loan. This will be my third loan so far.

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