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Ep 175: Cash-flow, STR management, Finding Great Cleaners w/ Federico Zimerman!
Description
Federico Zimerman joins from Buenos Aires to discuss running 19 doors across Dallas-Fort Worth with Steve and Myka. The trio breaks down their most pressing operational challenge: finding reliable cleaners in Dallas who won't leave dirty sheets in bags, forget to charge Ring doorbells, or no-show on turnovers. Federico reveals one cleaner made over $3,000 in July across multiple units, while Steve admits he's become "the charger guy" swapping Ring batteries across properties monthly.
The conversation shifts to scaling strategy - how Argus Rentals grew to 19 units (6 arbitrage, 13 managed) through word-of-mouth alone, why houses beat apartment complexes for logistics, and the Profit First accounting system that's changing how they structure payouts. Federico explains their hybrid pricing model: 20% management fee if owners list under the Argus umbrella as instant superhosts, 25% if they keep their own Airbnb accounts. Steve breaks down why he's pivoting back to houses after apartments became a logistics nightmare, and Myka walks through the five-account Profit First system that lets you pay yourself twice monthly plus quarterly profit distributions.
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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