All Forum Posts by: Mark Erhart

Hi Ryan,

We have our cleaners take out the trash for us. We also have multiple trash cans available as the waste management often doesn't pick up the trash some weeks. 

Having multiple cans keeps it from overflowing on weeks it isn't taken.

Hello,

In late 2019 I bought out my parents 3 rental properties (5 units) through 5% down payment, seller financing with a 3% interest rate! It was mismanaged at the time and we renovated 3 of the units and raised the rents of all 5 units. The value of the properties have increased dramatically and I want to get the most use of the equity in the properties. I am hesitant to do a cash out refinance because the interest rate of 3% seller financing is hard to beat. The loan amount is about 500k and I believe the properties are worth around 850k.

The properties are in a LLC, what are the best options to use the equity in these properties to continue to grow our portfolio?

Thanks in advance,

Mark