Kenny Slaught On Crowdfunding For Real Estate Entrepreneurs

California’s crowdfunding business took off after the Jumpstart Our Business Startup (JOBS) Act was adopted in 2012. The soliciting of private funding became allowed, and anyone with a net worth of $1,000,000 excluding their house could become an investor. Those with a household income of  $300,000 a year or an individual income of $200,000 per year are also allowed to be investors. These changes enabled individuals to engage in debt and equity financing and gather interest without using a bank. The online platforms created new means for homeowners and funders to find investments, track their assets and view how these perform, says Kenny Slaught. 

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