PeerStreet Review (2024 Update): Everything You Wanted To Know!

Welcome to my PeerStreet Review. My goal is to help you understand what the program is all about, how much it costs, if it's a good use of your time, your money, and much more! It should be less than 10 minutes start to finish, so let's dive in!


This PeerStreet review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

The Good Stuff

  • A steady influx of available investments
  • Minimum investment is low
  • Outstanding track record

The Bad Stuff

  • Only accredited investors are eligible.
  • Loans are not pre-funded.
  • There may be delays in updating specific loans.

Firstly, Why Am I Writing The Review?

Nice to meet you, my name is Brittney!

My story starts like many do… “slaving away” at a 9-5 job that I didn’t really enjoy, but hey – it paid the bills.

I worked for a large Fortune 500 company that performed background checks for other companies when they wanted to hire a new employee… so you know, not exactly exciting stuff.

For a lot of people, a nice stable job and predictable check coming in every month is the picture of success, but for me, it felt like I was missing out on life.

Clocking in every single day, doing the same tasks over and over again, getting home with barely enough time to make dinner and enjoy some time to myself… only to wake up again the next morning and do it all over again.

I just wanted to enjoy life without being shackled to an unfilling job.

I wanted to be able to take vacations whenever I wanted, for however long I wanted.

I didn’t want to have to beg my boss for a salary increase that barely matched inflation.

I just wanted to be free and happy.

Then about 4 years ago (as a stroke of luck), I stumbled across a program that taught me how to make money online by actually helping real people (local US businesses).

Who Cares About That?

99% of reviewers out there don’t have experience running an actual business. They’re writing about stuff that they have no real experience with.

Why would they do that?

They just want you to click through and buy the program that the review is about!

I have absolutely no relationship with J Rich, so you can rest easy knowing that I’m going to give you my honest opinion.

This review is written based on my own experiences with this business model.

All that being said, let’s jump into things.


It’s not true that real estate investments should be limited to prominent real estate expert investors.

The COVID 19 outbreak has shown that real estate investment is still a realistic choice for anybody in today’s industry.

I’m assuming you’re interested in this.

Come along with me while I review PeerStreet.

But first and foremost, I must tell you…

PeerStreet is a real estate investing program.

Like most real estate investing training courses, you’ll likely be exposed to the “Big 3” investing types:

  • Flipping
  • Wholesaling
  • Long-term buy-and-hold

Regardless of which path you go down, there is a lot of potential with real estate investing.

After all, it’s the world’s oldest wealth-builder.

However, before you leave this PeerStreet review and go sign up, you might want to ask yourself:

“Is now the right time for me to get into real estate investing?”

Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.

So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.

But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.

A good way to get yourself there is with Digital Leasing.

Digital Leasing takes all the best parts of real estate investing, while eliminating most of the headaches:

  • Low cashflow
  • Interest payments
  • Mortgages
  • High overhead
  • Expensive repairs and maintenance
  • Problematic tenants

And the best part?

Digital Leasing allows you to build a passive income stream that’s actually passive!

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.

If that sounds like something you’d be interested in, check out Digital Leasing.

This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.

However, if you’d still like to know more about PeerStreet, keep reading.

What Is PeerStreet?

Real Estate Crowdfunding Platform

PeerStreet is peer-to-peer lending or crowdfunding investment platform. It links lenders (like you) and borrowers looking for short-term real estate loans. Its platform is capable to properly manage loan investments.

The borrowers are “real estate equity investors,” meaning they are professional investors who acquire a house or property, quickly patch it up, and resell it for a higher price.

Lenders that invest in PeerStreet place their money into real-estate-backed loans and are given first-lien status. The first lienholder is actually the first person to be paid back if a contract falls through, so your money is better secured in the event of a default or other severe catastrophe.

This investment is distinct from a traditional REIT in that it offers the investor greater transparency and flexibility. With PeerStreet, you may choose from a variety of real estate loan portfolios. These hard money loans are made up of various property types, geographic areas, loan maturity dates, and other factors.

PeerStreet also boasts a lower charge structure than a typical REIT, enabling investors to benefit from PeerStreet’s greater returns. You may expect to pay a service fee of 0.25 percent to 1.00 percent for each loan you invest in with PeerStreet.

PeerStreet sources all its real estate loans from verified private banking institutions in the United States. Borrowers are well-known real estate investors to whom you will lend.

PeerStreet is not appropriate for all investors. There are various criteria for the investors they work with. These are known as accredited investors.

Is PeerStreet Safe? How Safe Is PeerStreet?

Is PeerStreet Safe

With any peer-to-peer lending network, there is always the risk of nonpayment. Borrowers may sometimes struggle to repay their debts, and investors’ interest payments may stop.

One benefit is that PeerStreet loans are secured by each loan’s underlying real estate assets, so if this happens, there is some course change.

If a borrower defaults on a loan, PeerStreet administers the real estate debt investing recovery process. In addition to its real estate workforce, the company has a team of legal and regulatory professionals that act on behalf of PeerStreet investors to make them whole.

Overall, PeerStreet’s platform has shown to be pretty safe. As previously stated, more than 95 percent of loans sold to investors on its platform have been paid off without the need for a foreclosure process.

As a result, most investors have obtained returns that are pretty close to expectations. Because of its outstanding track record, PeerStreet is an appealing option for an accredited investor seeking to produce passive income through real estate loans.

What Does PeerStreet Do?

What Does PeerStreet Do

PeerStreet loans are often secured by real estate. The transactions are put together by “originators,” who are the principal stakeholders in the transaction. Platform investors provide funding for the loans. Accredited investors are required to attend.

PeerStreet invests in real estate loans rather than in real estate itself. It’s also critical to realize that, although PeerStreet loans are secured by real estate, the notes you invest in are not.

This is because the letter only represents a fraction of the loan rather than the total amount.

However, you have the option of investing in the whole debt.

PeerStreet loans can include a few loans placed on single-family homes, either to rent the property or to remodel it to boost its value.

The loans are typically of a short duration, ranging from six months to 24 months, with loan to value ratio of less than 75 percent.

Loans are made around the country on various sorts of real estate projects, with various originators and property types, in order to establish a diverse pool of possible investments.

PeerStreet’s team of finance and real estate expertise underwrites real estate loans. To ensure that loans are high-quality investments, they use modern algorithms, big data analytics, and manual methods to underwrite each loan.

They also rigorously screen originators, allowing only highly experienced private lenders with a proven track record to join the platform. Investors and originators must conduct their own due diligence in order to choose which borrowers and loans to invest in.

PeerStreet examines track records, financial accounts, licensing and compliance with state usury laws, background checks, and legal and underwriting processes for originators.

They undertake independent underwriting for loans using manual and massive data analytics, order-independent valuation (BPO/Appraisal), ensure that each loan meets PeerStreet underwriting criteria, and analyze legal documents.

Suppose interest revenue, original issue discount (for notes having terms more than one year at the time of issuance), debt cancellation, or other payments, such as incentives and late penalties, exceed $600. In that case, PeerStreet will furnish IRS Form 1099 for income tax purposes.

Features Of PeerStreet

Features Of PeerStreet

Choose Your Investments: The website enables you to choose individual loans and create a portfolio based on your preferences and specifications.

  • Automated investing feature
  • Expected Annual Returns
  • List of Originators
  • Account Types
  • Account Security
  • Site Security
  • Defaulted Loans

PeerStreet’s Investing Options

PeerStreets Investing Options

PeerStreet invests only in real estate debt. Most of their loans are for residential purchases or refinances, as well as rental investments, while they sometimes issue multi-family, industrial, and other commercial real estate loans.

Investors may choose individual loans as they become available or use PeerStreet’s auto invest tool to invest (and reinvest) in loans that meet particular criteria (e.g., interest rate, LTV, term, and investment type).

The majority of loans are for 6-24 months, with the longest duration displayed on the website at the time of writing being 36 months. In general, LTV ratios are less than 75 percent.

While the minimum investment in a new loan is $1,000, as of April 2019, automatic balance reinvestments of at least $100 are an option, allowing investors to reinvest interest payments effortlessly and compound their gains.

What Do You Get When You Invest With PeerStreet?

What Do You Get When You Invest With PeerStreet

One of the enticing characteristics of real estate investing (especially debt investing) is that your investment is guaranteed by a physical asset that can be sold to repay investor cash if anything goes wrong.

However, as with many other crowdfunded real estate investing sites, your investment is not technically protected by the underlying property.

Instead, you are given a “Mortgage-Dependent Promissory Note,” which rights you to a portion of the principal & interest payments paid by the borrower on the mortgage.

They can also arrange the investment as a bankruptcy remote entity so that it won’t get sucked in the bankruptcy.

Cashflow And Potential Returns

The interest rates for PeerStreet loans range from 6 to 9 percent, with durations ranging from 6 to 36 months.

Investors receive monthly interest payments (the precise date varies based on the investment), principal, and any additional distributions received by PeerStreet.

Funds remain in your PeerStreet account until you withdraw them (or choose to have them reinvested if you exceed the $100 reinvestment minimum).

PeerStreet has improved their investor updates procedure, but due to their enormous volume of loans, thorough proactive updates are rare – if you invest in properties on PeerStreet, expect to check back frequently to track their performance.

Expectations For Regulatory Framework And Due Diligence

PeerStreet exclusively accepts investments from authorized investors by SEC Regulation D. They are not registered broker-dealers or financial advisers. Still, they are a California lender and a real estate broker (or one of their affiliates) (they are headquartered in Manhattan Beach, CA).

Its advertised due diligence procedure for loans comprises evaluating an independent appraisal and supporting legal papers, checking that the loan meets PeerStreet’s underwriting requirements, and doing individual underwriting utilizing both manual and “big data analytics.”

Before accepting a third-party lending partner, they investigate the prospective partner’s track record, state licensure, and compliance with real estate lending laws, as well as conducting background checks.

In theory, their high loan volume provides them with a wealth of data to work with to improve the system.

Still, in practice, none of these crowdfunded investment platforms have yet experienced a major downturn, so the underlying algorithms may not yet have a truly representative picture of loan performance.

Is PeerStreet A Scam?

scam or legit ggmoney

So, is PeerStreet a scam? Not technically. You can make money with this program, but it’s definitely not as easy as PeerStreet makes it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual profit margins on real estate investments are pretty small.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months – looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property – and then your reward is like $100 a month in profits, it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing

And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece


They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

Are There Alternatives To PeerStreet?

alternatives ggmoney

Yes, there are plenty of other business models to choose from if you want to pursue this making money online.  Here are just a few:

What Is My Top Recommendation In Making Money Online In 2024?

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.


1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.

2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.

A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.

With Digital Leasing, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.
Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).

With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face

Now, the choice is yours. You could continue browsing, looking at opportunities like PeerStreet which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

Brittney Here!

I get to travel the world and live life without financial worry thanks to the system below!