Crowdfunding sites started more than real estate 150 companies in US, despite having been around for just a couple of years. In places like Southern California, 20% of the population is an accredited investor. The number totals 7% for the rest of the country. Sites like CrowdEngine, RealtyShares, and CrowdForce enabled public fundraising. In some cases, 90% of equity requirement was gathered through contributions from the community. Owners are able to easier access and manage their portfolios with data analytics apps like Rentlytics. Kenny Slaught, with a 35 years of experience in real estate, believes the sector is going strong in California. This is due to the modern strategies to merge capital. Lenders and borrowers gathered over $53 million through various properties in places like Sacramento, San Francisco, and others.