Episode Details
Back to Episodes
Episode 57: Creating Airbnb $$$ out of thin air!
Description
Myka closes a two-bedroom arbitrage in downtown Dallas before securing keys - furnishing and handing over to traveling nurses in three days after pre-selling at $2,000 per month against a $1,200 lease. He's now using Airbnb strictly as a lead-gen tool for corporate housing, having removed his face from his profile after noticing inquiry volume jumped the month he made that switch.
The episode covers the TurnoverBnB cleaner-matching platform ("Airbnb for cleaners") and how to profit by coordinating between hosts and cleaners, racism in short-term rentals after a post in the Airbnb Professional Hosts Facebook group, strategies to get five-star reviews by implying you'll leave one first, and the trap of guests who ask too many questions. Steve deals with a slab leak, a daughter's hospital stay, and an AC filter emergency while reflecting on why full automation is harder when you own the unit versus arbitrage.
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
#airbnb #airbnbhost #shorttermrentals #midtermrentals #padsplit #rentbytheroom #coliving #corporatehousing #BRRRR #realestate #realestateinvesting #VRBO #shareeconomy #airbnbsuperhost #airbnbpodcast #sharebnb #liveletthrive #liveletthrivepodcast #biggerpockets #directbookings #bookdirect #dfwrealestate