Thanks to the ability to provide correct data and information, platforms that offer workflow computerization and online collaborations are becoming more trendy. Real estate expert Kenny Slaught believes that mobile apps and intuitive software allow builders and investors to have a broader reach when it comes to lending and buying. Real estate crowdfunding portals have grown more than 150 startups in the US, despite having been in the market for only a few years. While about 7% of the country’s population is a professional investor, the number is closer to 20% in an urban spot like Southern California. Raising money campaigns have been made possible through sites like CrowdEngine, RealtyShares, and CrowdForce, and some drew 90% of equity requirement through direct community donations.

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