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Episode 86: Turning a Timeshare into a Money-Making Airbnb Machine!
Description
Steve (Stevie Stacks) takes over one of his timeshare listings for just $144/month, then resells bonus nights at $90-150 each - easily clearing $1,000/week profit with minimal effort. He's scaled to nearly 500 timeshare listings by arbitraging properties across the US and internationally, though recent guest-pass fees from timeshare companies cut into margins. He now hires virtual assistants overseas to manage the volume and is selling courses on the method.
Myka closes on a cash-out refi on his primary residence with only a 0.4% rate increase, moves a goth gamer tenant (complete with a hearse and life-size zombie mannequin) into the Hurst house, and debates whether the DFW market can weather a recession. The hosts discuss optimal Airbnb layouts (3-bed/2-bath around 1,500 square feet), Murphy beds to boost occupancy, and whether investing in Mexico or Argentina beats coastal US markets. They pay tribute to Nipsey Hussle and reflect on keeping a low profile in business.
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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