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Was an epic struggle for me. Love that area and start date. Lol
Few rules. You get loot as long as you have a province in your realm bordering the one you want to get money from. This can be ignored if you have boats and its a coastal province. Keep in mind the border has to be from your personal territory or your vassals, not your overlord or fellow vassals not under your control.
The little orangeish bar when you select the province shows how much loot you can get from the territory. As you raid, it empties out. You also get cash for sieging down the settlement (works exactly like normal sieges) and occasionally prisoners. There's a whiteish line that shows what loot is protected by the fort. If there's no high level castle, it won't be protected and you can steal all of it.
General rule of thumb is to go for cities and temples the most, which is why ireland 769 is so strong since every irishman has a temple ripe for plunder. I like to immediately borrow money from the jews to get hillforts upgraded asap for more troops which you can then invest the rest of the money into market villages for more income.
Also good thing to keep in mind if you have legacy of rome is that tribal light infantry retinues are busted because you can just spam out thousands and thousands of soldiers who can then go on mass raids. Not uncommon for me to have 4-5 stacks split up raiding everyone and they have 0 chance of stopping me due to overwhelming numbers.
Its for this reason I wait to go feudal until I either A) have a ton of money saved up to start kitting out my castles and to build more barony castles in my de jure duchy or B) have fully upgraded my tribal settlements.
Usually swapping to feudal early is a bad idea but with the inclusion of the super cheap massed light infantry retinues, its not actually scary at all anymore because you can keep your retinues over cap without penalty. Also just in case you aren't aware, be sure to swap your capital to dublin (if you pick them) immediately and put all of your tech for military into organization for higher retinue caps.
I've done it in 769, but it's much more difficult. But Pagans are far better. Better moral, more available land to gobble, and the ability to chain-vassal after you form a de-jour kingdom. And they can gain stupid amounts of piety and prestige with the Holy Fury DLC, especially the Germanics with their wolf warriors, which provides quests for looting, tons of duel abilities, boons to combat and warfare like a larger percentage of heavy troops and the ability to go berserk at will, adding tons of martial bonuses.
; )