

Rental Revelations: Navigating Arbitrage, Airbnb's Challenges, and Power Conversations
Oct 19, 2023
01:15:37
ποΈ Welcome to Episode 273 of the "Live Let Thrive" Podcast hosted by Myka and Steve ποΈ
In this episode, we dive deep into the complexities and opportunities that come with property management and rental strategies.
π **Flipping the Script with Stevie Stacks**: Discover the tactics behind turning management clients into profitable arbitrages and the journey of transforming arbitrage clients into owned properties. What's the secret sauce? Tune in to find out!
π **Behind the Lock**: Uncover the importance of having a trusted locksmith on your side and the myriad benefits it brings.
π **Leadership & Growth**: Myka and Steve touch upon the essence of good leadership skills, and how they're instrumental in this industry.
π° **Tax Tactics**: Navigate the labyrinth of tax strategies with pointers on selecting the right CPA, making the most of Quickbooks, and understanding the nuances of cost segregation.
π― **Purposeful Planning with Myka**: Learn about being intentional in your real estate approach, whether it's subscribing, BRRRRR strategies, owner financing, and more.
π« **Airbnb's Tumultuous Times**: We delve into the challenges Airbnb is currently facing - from their rapid growth concerns, trust issues, removal of cleaning fees, to hosts asking guests to clean despite charging a cleaning fee. What's going on with Airbnb?
π **Diversifying Platforms**: Hear about our experience hosting on Whimstay and how it's turning into a reservation magnet.
π£οΈ **The Power of Conversation**: Steve sheds light on the art of communication, emphasizing the value of mature discussions, especially with HOA presidents.
π©βπ» **Tech Struggles of Older Hosts**: Explore the increasing demand for management support for older hosts who might find modern technology challenging.
π€ **Client Management Nuances**: Dive into the art of managing diverse clients, from selecting the ideal ones to steering those resistant to change, even when their property is bleeding money.
Episode 273 is a treasure trove of information, experiences, and wisdom for anyone in the property management and rental space. Whether you're a newbie or a seasoned pro, Myka and Steve's insights will leave you with plenty of food for thought.
π§ Plug in, relax, and let's thrive together in the world of rentals!
Holler at Steve and Myka!
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