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Episode 125: Landing your first Arbitrage & Interior Design Hacks with Sarah Glidewell!

Episode 125: Landing your first Arbitrage & Interior Design Hacks with Sarah Glidewell!

Episode 125 Published 6 years, 3 months ago
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Sarah Glidewell scaled from renting her Fort Worth apartment on weekends to opening three full-time Dallas Airbnbs in three weeks - then coronavirus hit the same weekend. At 25, she now manages four arbitrage units with a 15% management fee, spends around $4,000 per unit on Wayfair-heavy design (getting professional discounts), and pivoted to long-term stays, date-night packages, and offering design services to other hosts. She broke even through March and April, landed an SBA grant despite starting her LLC mid-January 2020, and sits on a $15,000 credit-building loan she hasn't needed to touch.

The conversation covers arbitrage in new-build apartment complexes (where vacancy costs incentivize bulk deals), Fort Worth's unclear enforcement on multifamily short-term rentals, the power of bold wall colors and statement pieces in photos, cutting novelty amenities without review damage, and the wisdom of holding three to six months' reserves. Sarah's long-term plan includes glamping rentals, buying a Volkswagen bus to list at campgrounds, and eventually purchasing real estate once Airbnb profits fund the down payment - but she and her husband are still deciding whether they want empires or backpacks.

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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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