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Selling Dallas Units for $500 Each - A $3,000 Settlement and a Fugitive in the Shower
Description
Steve offloads Dallas one-bedroom units for $500 each to refocus on Fort Worth midterm and corporate rentals, while navigating a wave of challenges: a $3,000 settlement after a client pulled a booked property, a tenant two months behind on rent, a fugitive arrested in one of his units, mice outbreaks, and AC failures. Through it all, he closes new arbitrage deals and sets up a friend's Trophy Club house that immediately books at $6,500 a month - triple the prior long-term rent.
He warns arbitrage operators to always sign a lease with the property owner before booking a guest, shares strike-plate fixes for elderly tenants struggling with smart locks, and explains why insurance companies' new 45-day corporate stays create chaos when contractors inevitably run over. A new partnership with a fellow parent is cutting furnishing costs in half by sourcing complete room setups from Amazon designers.
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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