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Episode 133: Pre-Launch Marketing, Passive Arbitrages, Home Warranties, & Bridge Loan Programs
Description
Myka opens his first arbitrage unit in Dallas's Lower Greenville area - a one-bedroom at $1,050/month that he's furnishing entirely hands-off through designer Sarah Done Glidewell while a management company runs it for 15%. He financed the $4,000 setup on a Discover card at 0% for 12 months plus 5% cash back through PayPal, wrestling with his inner micromanager as he learns to trust others with the day-to-day.
The hosts cover refinancing strategies (Steve locked 3.6% on a 30-year, Myka's eyeing a 15-year to shave time), the Suarez family's fourplex build in Arkansas on Dad's $5,000 land, bridge loans through Knock Lending for buying before selling, and why American Home Shield works when you value time over DIY. They push direct booking sites, cite the Blockbuster-turned-Airbnb in Bend Oregon as genius nostalgia marketing, and warn that Airbnb operators who can't survive without the platform have holes in their game.
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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