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Evictions, Poor Management Companies, Dallas' Downfalling Housing Market

Evictions, Poor Management Companies, Dallas' Downfalling Housing Market

Episode 263 Published 3 years, 2 months ago
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Myka closes on a year-and-a-half refinance after a brutal rehab, while Stevie Stacks takes over Sharebnb's short-term rental side from Federico and tries not to work 20-hour days. They dig into the mechanics of evicting a destructive long-term tenant - Stevie taped seven-day notices all over his first rental house after finding pit-bull damage, urine-soaked floors and a jungle of a yard - then kept the $1,500 deposit when a midterm guest bailed over trash on the curb. Both hosts are pivoting hard to midterm corporate stays and Furnished Finder bookings, which now make up half their business, while Dallas sits in limbo under the short-term rental ban.

The conversation swings through sub-two deals sitting in a high-interest-rate market, honeypot traps on lead-gen sites, the Texas franchise tax that hits arbitrage harder than management, and why Evolve is letting clients go three weeks without a booking by charging double the cleaning fee and skipping discounts entirely. Myka hands a struggling Dallas duplex to his assistant Manu as a learning lab, and they both agree this feels like one of those rare moments - two or three years from now, you'll wish you'd grabbed every creative-finance house you could find.

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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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