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Episode 138: Arbitrage to own, Refinance & Save, Appraisal tips, SBA Loans
Description
Steve signs a second arbitrage unit directly below his first one in Dallas's Lower Greenville area, netting close to $1,000 per month after management fees. He's considering running it himself to keep the full profit, but weighs the time cost against the freedom of outsourcing. The hosts discuss the practicality of arbitrage versus buying real estate, share tips on using SBA loan funds for property purchases, and debate appraisal strategy: whether to get one now for a December refinance or accept an inspection waiver that lets the borrower name the price.
The episode covers reward systems for growing portfolios, managing tenant challenges during eviction moratoriums, Fort Worth's evolving short-term rental rules, and the psychological shift that comes from closing your first deal. They also touch on tax write-offs for entrepreneurs, the cost of car and home maintenance, and the value of offloading tasks like lawn care and housecleaning as cash flow increases.
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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