New intuitive software and mobile applications give investors and builders a greater selection of lending and borrowing opportunities across a variety of real estate asset classes and geographies, says Kenneth Slaught. California’s crowdfunding or peer-to-peer lending projects emerged because of the adoption of the Jumpstart Our Business Startup (JOBS) Act in 2012, which significantly widened the ways in which sponsors can raise funds for real estate acquisitions and developments. The new regulation legalizes the previously banned practice of openly soliciting private funding from accredited individuals and firms. Citizens with a net worth of $1,000,000, excluding ownership of their personal home, or making an annual income of $200,000 or a household income of $300,000 per annum, if filed jointly with a spouse, is eligible to become an accredited investor. The amendments make it possible for individual borrowers and lenders to participate in debt and equity financing, loans which generate income in the form of interest, without an official financial institution involved as an intermediary. The online marketplace has created a new avenue for property owners and investors to browse offerings, perform due diligence, and view dashboards to track how assets and financial products are performing.
Month: August 2017
Energy Created from the Hoover Dam is Apportioned Across 15 Areas – Kenny Slaught
The engines room in the inner wall of the dam is set with 17 generators that produce all the energy, where 16 of them are large generators while two smaller ones work as one combined generator. The smaller ones are used to distribute hydroelectric energy to connecting neighbourhoods. Kenny Slaught remarks that the energy created from the dam is dispersed through 15 areas. The biggest consumers of energy are – Southern California consumes up to 28% of Hoover Dam’s energy, followed by the State of Nevada with 23% and the State of Arizona with 18% of consumption volume. The dam also distributes energy to Native American tribes dwelling in the area. Also, 90% Las Vegas’ water comes from Hoover Dam. The lake formed in the dam is known as Lake Mead. At its extreme water volume level, it could be the largest water reservoir in the United States. At present, the Hoover Dam is managed by the United States Bureau of Reclamation and it is known as one of the most must-go places to visit in the nation.
Read more: https://finance.yahoo.com/news/kenny-slaught-societal-importance-hoover-230600215.html
Kenny Slaught Discusses Hoover Dam’s Role In US Economy
Situated along the border of Arizona and Nevada, in the United States, Hoover Dam was a massive project which now gives water and hydroelectric energy to the population of that region, taking advantage of the immense resources of the Colorado River. California-based real estate investor and community activitst Kenny Slaught celebrates the impact of the miraculous architectural structure on the region’s access to water and power resources. Slaught has recently noted the Hoover Dam on his blog at KennySlaught.com, celebrating the massive water capacity of the dam transformed many of America’s most deserted outposts into fast growing centers, Kenny Slaught notes.
Read more: https://finance.yahoo.com/news/kenny-slaught-societal-importance-hoover-230600215.html
Kenny Slaught Recognizes the Positive Effect of Hoover Dam on Water and Power
Hoover Dam, situated on the boundary in the middle of the states of Arizona and Nevada, in the United States, is an incredible project intended to give water and hydroelectric energy to a considerable part of that region, making use of the enormous power produced by the Colorado River. California-based real estate Kenny Slaught recognizes the effect of the architectural structure on the communities’ access to water and power resources. Recently, on his blog at KennySlaught.com, Slaught has stated that Hoover Dam’s massive water capacity has helped renovate some of America’s most deserted outposts into flourishing economies.
Read more: https://finance.yahoo.com/news/kenny-slaught-societal-importance-hoover-230600215.html