Online services that offer collaborations have become more popular, says Kenny Slaught. This is largely due to the accuracy of the data and information provided. The new software gives more access to investors and builders when it comes to locating remote properties. Crowdfunding sites have been in business for a short time, but already have 150 startups in the US. 7% of the US population is an investor, with 20% in urban regions like Southern California. Sites like RealtyShares, CrowdForce and CrowdEngine allowed the public to contribute, and some of these raised 90% of equity through public donations.

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