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Episode 3: Totaled Cars, Confronting Fears and Long Term Rental Blues
Description
A guest totals her car in a drunk driving accident at midnight, strands herself at a Denny's for nine hours, then asks the host for a ride and rental car help - all while claiming she has no money, yet books hotel trips to Austin days later. The hosts suspect they were "finessed" but see it as a lesson in why you should never rent out your personal car with an Airbnb.
The episode covers fears that stop people from hosting short-term rentals, why Airbnb beats long-term tenants on wear and tear, the risks of allowing dogs, and how to avoid squatters with the 30-day notice rule. One host celebrates steady bookings while the other wrestles with late rent, eyeing an exit from the landlord life.
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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