The idea of lending people money online is a fairly new one and the possibilities are intriguing. A peer-to-peer lending site launched about a year ago Prosper.com (founded by the VP of Paypal) allows people to lend and borrow money online from each other. Prosper has become a huge hit with over $100,000,000 in loans and over 50,000 members in it’s first year of operation. Its unique business model allows you to limit risk by making many small bids of $50 or more on multiple loans. So instead of lending a $1000 to one person you are lending it to 20 people and if one or two happen to default you are still making money. You can pick who you loan to based on information including their credit rating, verified income, debt to income ratio and more. 
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Hello and welcome to the ‘Passive Income Investor’ ‘Blog 

This blog is dedicated to showing others how to build wealth through investments in various passive income streams.  We will explore various ways in which we can make our money work for us so that we don’t have to.

Some of the various passive income investments that we will be exploring here will include such things as stock dividends, rental real estate, money lending, real estate trust deeds and more.

I am very exited about starting this blog and happy I finally managed to find the time to do this.  During the next several weeks I Read Complete Article

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