Kenny Slaught explains that the new intuitive programs and mobile apps give developers and builders access to more properties in various areas. California’s crowdfunding campaigns became popular after the 2012 Jumpstart Our Business Startup (JOBS) Act was established. The act made it legal to ask for private funding from individuals or firms. Those with a net worth of at least  $1million, without their home, or an income of $200,000 a year can become an accredited investor. If they file together with a spouse, those with a shared income of $300,000 yearly also qualify. According to Kenny Slaught, the new regulations enable borrowers and lenders to finance debt and earn interest solely from loans, without using an intermediary. The Internet made it easy to home owners and sponsors to get informed, see how their assets are performing, and find new investment offerings. 

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