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Episode 189: New Year, New Airbnb Strategy, Bigger Things Ahead!
Description
Steve closes his second BRRRR at an all-in cost around $90k targeting a $121k ARV, and Myka hits 42 units - the exact goal Steve challenged him to set in January. Steve left his engineering job November 19th and closed that deal 33 days later, proving the job was holding him back. His daughter McKenzie was born December 20th, and Federico gives notice on New Year's Eve to join the business full-time.
The hosts discuss 2022 goals: Myka targets buying their first apartment complex with on-site management by Federico, who'll be living in the US once his visa clears. Steve wants two more BRRRs, 12 wholesales or flips, seven figures in assets, and 5,000 YouTube subscribers. They cover insurance claim frustrations with Proper in arbitrage situations, the value of Minut systems as eviction defense, handling money-grabber guests, and why travel nurse arbitrage makes sense during Omicron uncertainty. Steve explains his routine and insurance strategy post-job, while Myka wrestles with leaving a tolerable workplace that costs him time and money.
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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