While I'm still in the process getting my bearings in regards to stocks, I'm plowing into P2P lending as my initial investment vehicle. I thought I'd offer some of my stand by ways of squeezing as much as I can out of the platform(s).
Right now I am just in Lending Club so I don't know 100% how this will translate to other platforms: as I diversify I'll provide additional thoughts though.
Automate from the start
Even though Lending Club won't let you use their tools until you've dedicated $2,500, you can use arguably more sophisticated options after your first $250. I use Lending Robot [MOD EDIT: Spam link removed. PM poster if you'd like the link.] which lets me get 10+ filters instead of the 1 that Lending Club allows. Which ever automated lone picker you go with the benefit is that while you get a sense of the market and your own preferred filters, you can have something making decent buys for you.
Always Be Closing
The secondary market is a super awesome way for people just starting to generate that momentum. Without having to big of a portfolio I can build up and re-invest my monthly returns at roughly the efficiency someone with a much larger account could.
Always Be Selling|
While ultimately I'm in these loans for the full term, I'm not going to turn down the chance to flip them for a short term gain that I'll just plow straight back into another loan. I'm basically selling any loan with a non upward trending credit score for at least 3% markup at any given time. This can go from infusing a smidge of extra purchasing power to a decent short term return: I just offloaded a note I bought at a 10% discount for a 2% return on the note value.
Any favorite methods you have used to squeeze every bit you can out of your P2P accounts?