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A $92,500 Off-Market Townhouse - Found by Talking to a Coworker

A $92,500 Off-Market Townhouse - Found by Talking to a Coworker

Episode 177 Published 5 years ago
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Steve closes on a 3-bed/2-bath Fort Worth townhouse for $92,500 - a property he found by chatting with a coworker at the tool crib whose tenant had just trashed the place after six months of non-payment. The conversation covers why Steve won't Airbnb it (the neighborhood's too borderline), how Myka's apartment management changeover nearly sank his arbitrage units, and the emerging shift from apartment arbitrage to house ownership as hosts realize they need equity, not just furniture risk.

The hosts discuss syndication as a path to controlling apartment buildings while running short-term rentals, profile photos and how guest demographics shape reviews, credit repair for young renters whose parents destroyed their scores as children, creative finance tools (HELOCs vs cash-out refis), and why the "great resignation" means now's the time to quit the paycheck drug and build real wealth through real estate.

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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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