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I Fired My $200 PMS and Run Everything on $40 of AI
Description
Myka replaced his $200-a-month property management software with $40 in AI subscriptions - Claude and ChatGPT - that now handle pricing, calendar syncing, and operations, pulling $5,000 in new bookings in the first week and a half. He feeds Claude his PriceLabs market data and it recommends pricing to land 30-day reservations, one of which netted him $3,000 after Airbnb's fees.
Steve bought another house with just $10,000 down on seller-financed terms and is converting the garage into two bedrooms to turn the four-bedroom into a six-bedroom PadSplit. He walks through his PadSplit screening process - talking to applicants, running their licenses through a real estate agent's safety software that catches things PadSplit misses, and verifying employment. His fully furnished six-bedroom startup cost just $2,300 on Amazon. The hosts debate whether to allow couples in PadSplit rooms, discuss a tenant who went to jail mid-lease, and cover the shift toward nicer finishes as former Airbnb operators enter the PadSplit market.
Work with us. Interested in professional management or consulting?
Myka — Sharebnb: www.sharebnb.com
Steve — Argest Rentals: www.ArgestRentals.com
Sign up for PadSplit with Steve's link and get a free 1-on-1 PadSplit strategy call with Stevie Stacks: padsplit.com/hosts
Myka's other podcast, Entrepremarriage — building wealth without losing the marriage: youtube.com/@Entrepremarriage
All our links: linktr.ee/liveletthrive
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