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The Real Payoff of DIY Landlording - Every Hour Becomes the Next House

The Real Payoff of DIY Landlording - Every Hour Becomes the Next House

Episode 85 Published 7 years, 5 months ago
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Myka and Steve open with the real cost of DIY landlording - every hour on your knees fixing a toilet compounds into equity for the next house, while friends who clock out and watch TV stay flat. They stumble into arbitrage gold: buy rental property in Argentina at a 42-to-1 exchange rate, furnish it yourself like a Canadian Instagram star who monetises her reno videos, collect rent in US dollars, and your $100-a-night Airbnb in Buenos Aires suddenly cash-flows like a North American asset at Third World overhead.

The episode ranges across coffee addiction at 30, the make-me-move seller vs the motivated one, Grant Cardone keeping half the syndication profit for finding the deal, the 1031 exchange vs taking your chips off the table, whether to Ramsey-snowball $86,000 in eight months or buy a house a month instead, refinancing out of student loans on retirement, the $65,000 buyout that could fund a Southwest double-dip, and why digital nomads in Mexico earning dollars live like kings. They close planning interviews with a Buenos Aires local, a Barcelona expat, and past guests who've lived the overseas arbitrage life.

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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

#airbnb #airbnbhost #shorttermrentals #midtermrentals #padsplit #rentbytheroom #coliving #corporatehousing #BRRRR #realestate #realestateinvesting #VRBO #shareeconomy #airbnbsuperhost #airbnbpodcast #sharebnb #liveletthrive #liveletthrivepodcast #biggerpockets #directbookings #bookdirect #dfwrealestate

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