I recently wrote a blog post about my Cloud mining experience with Hashflare.  I made about a 25% return in 15 days and averaging over 1% a day mining BTC.  So far so good! I have now uncovered another 1% a day crypto passive income stream, masternoid (MN). Essentially, if you own 1000 coins of certain alt coins and set up aMN.  Masternodes are computers that run a wallet and make decisions, such as locking transactions with InstantSend, coordinate mixing of coins, and voting on budget funding.  Masternodes get paid 45% of the block reward on every block, which is distributed to masternodes one at a time. Bottom line, you get paid a dividend to hold the altcoins.  You can […]

I am still investing 40% of my assets into commercial real estate. However, I caught Crypto fever over the last 2 weeks. I bought 10 bitcoins at Coinbase for $500 each about 3 years ago as it was falling from $2000.  It later went down to $200.  I did not log back into Coinbase for over 2 years.  Earlier this year when bitcoin went to $2500, I sold 2 coins to get my money back.  I now was playing with house money. Most exchange sites take weeks to get approved and they make you jump through many many hoops including uploading your license.  I tried Bitix, Kracken and a few others. Still waiting for approval 2 weeks later.   Binance only […]

With the recent hack of Equifax and perhaps 50% of all US resident’s personal information exposed, now is a good time to consider a freeze of your credit.  Since most readers of this blog are accredited, we have the most to lose. Marketers would like you to believe that a $50 credit monitoring service is the best course of action.  Why pay someone to tell you have a huge problem after the fact?  Then you have to spend time and money to try and fix this potential horror. A credit freeze can prevent a problem from ever occurring. Over five years ago, I froze my credit with the three largest credit agencies. It helps me sleep at night.  One less thing […]

I made my first crowdfunding debt investment with Patch of Land in March of 2014. Over the next 12 month I made an additional 15 investments on their platform.  My net returns were over 12% in 2014 and they never missed a payment.  A few loans were extended, but I never lost any principle and I made at least the advertised rate.  After a decade of earning less than 1% with CD and money markets, I thought I found the Holy Grail of investments. Over the next few years more debt platforms have popped up and the demand for “hard money” loans increased. This has put a downward pressure on rates and in my opinion a lower quality of sponsor […]

It’s time for my midyear report on the state of my real estate equity crowdfunding and syndication portfolio. This year 3 investments have gone full cycle. A RealtyShares retail in Las Vegas retail parcel sold in February and the 2-year hold netted a 28% IRR.  Also, the Real Crowd O’Donnell Phoenix industrial building project went full cycle in June of this year.  This 18 month hold also generated a 28% IRR. The last investment that went full cycle was iFunding’s Milwaukee fix and flip. This is my fist loss of principle on a deal. Including distributions my loss was 36% or about a -12% IRR. The sales price net of fees came out to a 56% haircut. Luckily, the home […]

There has been a lot of growth and changes at the 506 Investor Group. This is our private investor group that confidentially shares and discusses information on real estate crowdfunding investments.  The biggest news is the combined net worth of the 506 Investor Group members just surpassed the $1 Billion-dollar mark.  We now have over 285 members and the average member net worth is $3.7 million. We are now incorporated and the 506 Investor Group, LLC is part of CrowdDD. LLC. To manage our growth, we are developing a 506 Investor Group web site that should help organize all the valuable crowdsourced resources assemble by the group over the last 2 years. The Groups two-year anniversary is on June 25th. At the […]

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