Kenny Slaught explains that new mobile apps allow investors and builders to have access to more properties in numerous locations. In California, the crowdfunding projects took after the Jumpstart Our Business Startup (JOBS) Act was established in 2012. The law enabled accredited individuals and companies to fund real estate purchases and development. Those with a net worth of $1,000,000 without their home or an income of $200,000 a year can become an investor. Anyone with a shared income of $300,000 can also become an investor if they file with a spouse. The changes allowed private borrowers and lenders to engage in debt and equity financing, and make profit from loans without using an intermediary. The Internet created new ways for sponsors and homeowners to find new investments, perform due diligence, and track how their assets are doing with dashboards.