All Forum Posts by: Mark Heavey

Hi - I don’t have a Broker’s license, but I’m trying to help a friend of mine raise capital for an apartment deal he’s working on. Am I allowed to charge fees for successfully bringing in new sources of capital? (I.e. if I was able to find $50,000 of capital via friends and family, can I charge a percent of that as a sort of finder’s fee?)

Is there any other sort of license I would need to charge fees?

If I can charge a fee, does anyone have a view on what market would be for this? (I’m in San Francisco, CA)

Hi - I am a first time investor looking to invest in out of state markets. When underwriting potential deals, I’m having a hard time with estimating rehab costs. I currently don’t have any connections in the markets I’m looking at so I’m doing all my research on google. Examples of these rehab projects are repaving driveways, moving walls, adding rooms/bathrooms, painting, roof repair, etc. What techniques can I use to help refine these estimates?