All Forum Posts by: Mark Lira

Thanks for all the feedback. I would definitely have a late fee in addition.

@Don Konipol

To there perspective they are gaining by paying on time rather than punished for being late.

Hello

We all like to receive rent on time. With that in mind, I had a thought of advertising rent slightly higher than I need and offering a discount for payments made on the day I want it. For example if I need $860/month due 1st of the month, I then advertise for $870/month with a $10 on time discount for payments made on the 1st.

Department stores use a similar strategy where they mark up an item, then have a "sale" on it at regular price. It seems logical but a bit unethical at the same time.

Is this a good idea and something people commonly use in real estate? Or deceptive and unethical?

Any advice, thoughts or opinions would be fantastic. Thanks!

@CJ M. Woah thats crazy, ill make sure the front of my house looks spectacular!

@Crystal Smith, thank you!

@John Warren ,Thank! I will talk to my agent about this next time we meet.

Hello

I will be getting an appraisal in a month, on my primary residence for a HELOC. I have read a lot of articles on what to upgrade, remodel repair ect. Most of these have been done and I am confident in a good appraisel. It got me thinking if there was anything further I could do. My question is; has anyone had experiences where a minor upgrade or feature unexpectedly raised the value of a house, or one that didnt raise it or even detracted from the value? I would love to here your stories and advice. Thanks!

Awesome. Thanks for the advice

Thanks for the input. I will be sure to go to the next open house I can find and start making those connections.

Hey all. I travel for work, and though this would be a good opportunity to check out local markets  across the country to determine where I want to begin investing. My plan is to go to local open houses in order to learn a little more about the community, and the houses in it, as well as get experience walking through, and learning what to look for in a house. My questions are, is this a valid reason to go to and open house, when I have no intention of making a deal. Also is this an effective way to learn about real estate in general and local markets specifically?