Kenny Slaught Discusses Borrowing Opportunities In California

For having a short history, crowdfunding managed to boost more than 150 startups with a real estate profile. Accredited investors make about 7% of Americans. Southern California being a denser setting, has more such people, up to 20%. Today, it’s lgal to raise money from the general public, and there are several platforms making the process easier, such as CrowdEngine, RealtyShares, CrowdForce, among others. In some cases, up to 90% of the required equity was pooled directly from the community. Owners who want to check and manage their portfolios can use specific applications like Rentlytics, that analyze the data. According to Kenny Slaught, who has more than 30 years of experience in developing properties, California is one of the most active states on the market when it comes to real estate technology. Using these cutting-edge tools, borrowers and lenders managed to collect, through 90 a variety of properties more than 53 million dollars. These properrties can be found mostly in Sacramento and San Francisco, but not only.