Investor · Morrison, CO · Member since 2013 · 13 posts · 10 votes
6y
Yes, PPR has paid the principle back on every fund I have invested in as it matures, probably six different times, at the end of three years. The monthly interest is paid consistently as well. My experience has been entirely positive. They have added a reinvestment option, where your interest accrues interest. I wish they had an option would allow you to just keep your funds invested in perpetuity and have them be redeemable upon 90 days notice after three years. I don't hesitate to invest with them. Several other note funds I am in have reduced their preferred return and / or suspended distributions due to COVID, PPR has NOT.
Investor · Morrison, CO · Member since 2013 · 13 posts · 10 votes
6y
Yes, PPR has paid the principle back on every fund I have invested in as it matures, probably six different times, at the end of three years. The monthly interest is paid consistently as well. My experience has been entirely positive. They have added a reinvestment option, where your interest accrues interest. I wish they had an option would allow you to just keep your funds invested in perpetuity and have them be redeemable upon 90 days notice after three years. I don't hesitate to invest with them. Several other note funds I am in have reduced their preferred return and / or suspended distributions due to COVID, PPR has NOT.
Rental Property Investor · Denton, TX · Member since 2017 · 28 posts · 33 votes
6y
I am in some funds with them and my experience is the same as Dean's. Late last week I received a principal return from a liquidated fund. Interest has always been paid monthly with no change in rates or reductions to principal. They have good options for compounding and reinvesting.
Investor · Baltimore County, MD · Member since 2014 · 466 posts · 439 votes
6y
I have been in one PPR fund for over 3 years and it pays like clockwork. I have just requested redemption so hopefully I can report back a full return of principal soon.
Investor · Baltimore County, MD · Member since 2014 · 466 posts · 439 votes
6y
As a follow-up, I received my full principal back from PPR a few weeks after I requested redemption. In hindsight I wish I'd put more into that fund and not other funds or crowdfunding deals. I am in a couple other debt funds right now that are saying they don't know when they'll be able to redeem.