Episode Details
Back to Episodes
Sewage Backup in the Section 8 Rehab - $70K Over Budget and Dead ACs All Summer
Description
Myka faces a sewage backup at her Section 8 rehab property - a contractor failed to clear the new plumbing, and roots invaded the line. The smell hit the vents on the floor instead of overhead, exposing the problem faster. A Roto-Rooter tech snaked it and discovered tree roots throughout. Meanwhile, a guest at one of their short-term rentals left a pound of high-grade marijuana in a bathroom drawer - spotted mid-turn by Myka's cousin, the cleaner - then returned to retrieve it within minutes.
Stevie Stacks juggles an AC-heavy summer across the DFW portfolio, a trashed long-term rental requiring full renovation after pit-bull damage, and a transition to running the property management side solo. Myka and Mahogany launch a salon-suite arbitrage venture - renting commercial space, subdividing it into booths, and leasing weekly to barbers, nail techs, and estheticians. The hosts also discuss renegotiating Dallas leases ahead of regulatory uncertainty, the decline of homeowner's warranty coverage, soaring Texas insurance premiums, and the mechanics of direct booking to stabilise revenue.
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
#airbnb #airbnbhost #shorttermrentals #midtermrentals #padsplit #rentbytheroom #coliving #corporatehousing #BRRRR #realestate #realestateinvesting #VRBO #shareeconomy #airbnbsuperhost #airbnbpodcast #sharebnb #liveletthrive #liveletthrivepodcast #biggerpockets #directbookings #bookdirect #dfwrealestate