destie
New Member
Posts: 4 
Likes: 4
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Post by destie on Jan 6, 2017 8:55:02 GMT
Hy everyone,
Yesterday I started with Estateguru and I transferred a small capital (<= 1000 euro). I always apply a learning period (minimal 100 days) before investing a higher capital. Estateguru is very different from other platforms where I currently in invest (Twino, Mintos, Viventor, Bondora)
Do you guys have any (newbie) advice? How do you select the projects, which elements do you take into account, for investing. I noticed that the offer of projects is rather limited, how quick are projects filled? Is the offer volume big enough? Which strategy do you apply (50 euro in each project, or higher amounts in fewer projects)? ...
Thanks!!!
Destie
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Post by buttchopf23 on Jan 6, 2017 21:05:51 GMT
Hi
My advice would be:
1) I read through the infos and give them some thaught
2) you need to be quick, projects fill very quick sometimes in hours 500k
3) yes
4) I prefer 50 in each project
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Post by red_panda on Jan 7, 2017 16:07:38 GMT
Like person above me, I just read everything that's given for each project and make a decision to go or not to go. Since all these projects have a property secured as a collateral, key parameters to look for is LTV (loan-to-value), but also absolute value of the property, which in a way tells you the risk. Everybody has a different risk threshold, mine peaks at 60% LTV, which is hardly ever triggered at EstateGuru. Absolute value of the property hints at its liquidity. Should a loan default, it's definitely harder to quickly sell off a 1mio EUR valued property than a 200K Eur valued property. The quicker a property sells, the faster you have part or all of your money back.
Offer may seem limited, a rough guess from experience, I think they launch on average 4-5 projects per month. What is important is to check your email, as they usually announce a project with one day notice, which in the world of SEPA gives you just about enough time if you are quick to transfer in money, so they sit in your EstateGuru account the following day ready to be invested.
Volume is big enough, following my above rule I am able to catch a piece of every loan I want to invest into 4 out of 5 times.
Strategy -> diversify into platforms, diversify into loans. How much in absolute terms really depends on how much capital you have. I try to invest at most 2% of my total P2P investments into a single loan, though I average at around 1.5%.
Good luck!
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Post by buttchopf23 on Jan 7, 2017 19:17:40 GMT
Btw, don't expect them to participate in this forum or quick replies to your emails.
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