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Pivoting for 2026: Why I’m Stepping Back From STRs and Refocusing on Long-Term Wealth
Description
Myka announces a major pivot away from short-term and midterm rentals for 2026, driven by slow holiday bookings, rising overhead costs, and burnout from the operational demands of managing STRs in a rural Arkansas market. She's shifting to long-term rentals while strategically using the short-term rental tax loophole and cost segregation on new acquisitions - running properties as STRs for the first year to capture tax benefits, then converting to long-term tenants the following January.
The episode covers what worked in 2025 (a 4-bed/2-bath STR grossed $72,000 in half a year, and turning ChatGPT into a CFO agent that analyzes QuickBooks data), what didn't (construction and insurance clients dried up, SBA loan payments squeezed cash flow), and the new strategy for 2026: acquire 7-8 more doors that cash flow as traditional rentals, focus on new-build duplexes, reduce subscriptions and overhead (switching from Monday.com plus Slack to ClickUp), and build toward 12-13 paid-off properties by age 50.
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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