Platforms that offer online collaborations and work automation are becoming more popular. This is largely due to their ability of providing accurate data. Kenny Slaught thinks that new mobile apps allow investors and builders more options for lending and borrowing. These span across numerous types of properties and regions. Crowdfunding sites are still new, but already have 150 companies in US. In Southern California, 20% of the population is an investor, while overall in US, the number is close to 7%. Sites like RealtyShares, CrowdForce and CrowdEngine made it easy for the public to contribute. Some of these sites got up to 90% of the required equity thorough public donations.
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Kenny Slaught
Real Estate in California