Live Let Thrive

Stevie Stacks shares the "un-glamorous" side of arbitrage, specifically a major plumbing issue and the frustration of being denied insurance coverage for lost revenue. He also explains his shift toward PadSplits, converting 3-bedroom houses into 6-unit properties and using "cloud-based" key systems to streamline operations.

➡️ Insurance & Maintenance: Managing a pipe burst and the reality of insurance denials for plumbing issues.
➡️ PadSplit Conversions: Transforming a 3-bedroom home into a 6-unit rental, featuring a garage conversion.
➡️ Creative Financing: Buying properties via owner financing and "subject-to" deals to bypass traditional banks.
➡️ AI Tech Hacks: Using ChatGPT for listing photo touch-ups and Walmart kiosks for digital key backups.
➡️ Rental Grade Success: Furnishing a 6-unit property for under $3,000 with "rental grade" items.
➡️ Operations: Implementing lockboxes with spare batteries and tools to prevent midnight lockouts.
➡️ Market Strategy: Prioritizing consistent corporate leases over the gamble of World Cup short-term bookings.

🎧 Tune in and see if this hidden side hustle could be your next move

Interested in professional management or consulting?
Connect with Myka and Steve through their respective management firms:
➡️Myka (Sharebnb): ⁠www.sharebnb.com⁠
➡️Steven (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!
⁠https://www.padsplit.com/hosts?referral=94AD509A⁠

Check out Myka’s Podcast: Entrepremarriage – Building wealth without losing the marriage
https://www.youtube.com/

Click our Link Tree for Podcast News!
⁠https://linktr.ee/liveletthrive

Episode 340 is live! Stevie Stacks goes solo on Live, Let, Thrive and dives into what it takes to scale—from managing 50 units in a Texas ice storm to leaving a 9‑5 for full-time investing. He shares real-world lessons about systems, strategy, and avoiding being the “bottleneck.”

🎧 Watch the full episode:
https://youtu.be/XzDuuSCCu18?si=R12ZsjJy-lSE5hfg

💬 What’s your biggest challenge when it comes to scaling?

Is It Time to Quit? Testing the Waters of Full-Time Real Estate Investing Welcome back to Live, Let, Thrive, the podcast for everything related to Airbnb, the shared economy, and real estate investing. In this solo episode, Stevie ...

This new episode of Live Let Thrive is a powerful blend of real talk, real estate strategy, and the personal journey behind it all. Myka and Steve are back together, catching up after time apart, and diving deep into what it really means to find your passion. They open up about how real estate became more than just a business — how it turned into a creative outlet, a source of purpose, and a path to helping others.

Steve shares his latest project: launching a PadSplit house in Arlington, Texas. He walks through what worked, what went wrong, and why this model might be the next big move for investors burned out on Airbnb. From tenant management and common area setups to handling maintenance and vetting guests, it’s a behind-the-scenes look at this evolving strategy.

The conversation also touches on the realities of short- and mid-term rentals, frustrations with platforms like Airbnb, and how hosts can protect their peace while still scaling their income. If you’ve ever wondered how to balance business with fulfillment — or what’s next after Airbnb — this episode brings clarity, laughs, and insight.

Recorded from Fort Worth and Arlington, Texas, this is one of the most honest and insightful episodes yet — a must-listen for anyone thinking about rentals, side hustles, or just trying to figure out what really makes life worth showing up for every day.

LLT info – Hit us up!
🌐 www.LiveLetThrive.com
📩 [email protected]
📱 on the socials

Steve’s Management Company: ArgestRentals.com
Myka’s Management Company: Sharebnb.com

👉 Looking for a great arbitrage? Click here: https://zfrmz.com/zIRCwmIDcwNcZ5LXSiJ4
Or visit Lo-Casa.com and tell them Live Let Thrive sent you!

🎧 Click our LinkTree for all podcast news:
https://linktr.ee/liveletthrive

Happy Independence Day! Let’s celebrate the freedom and pride of our nation — from all of us at Live Let Thrive.