Live Let Thrive Podcast

Live Let Thrive
  • 5.0 (4)
  • ENTREPRENEURSHIP
  • UPDATED WEEKLY

Airbnb, PadSplit, Corporate Rentals, Arbitrage, Live Let Thrive covers all the creative ways to rent out your properties to maximize profits. We also get into buying properties in creative ways. Come along for the ride and have some fun along the way!

  1. "Dalaska" Cold, Pungent PadSplits, & the Austin Real Estate Crash

    JAN 28

    "Dalaska" Cold, Pungent PadSplits, & the Austin Real Estate Crash

    Join Myka and Stevie Stacks as they dive into the unglamorous but essential "in-the-trenches" side of property management. From bracing for "Dalaska" ice storms to battling "pungent" room turnovers and exploring major shifts in the Texas real estate market, this episode covers the full spectrum of modern real estate investing. In this episode, we discuss: Preparing for "Dalaska": How we are winterizing our DFW and Arkansas portfolios, installing faucet covers, and instructing tenants to drip pipes to survive the upcoming ice storm. The PadSplit "Smell" Saga: Stevie shares a wild story about a tenant move-out that left a room "odorific" and pungent. We break down the exact cleaning kit used to save the space—including Lysol, ozone machines, and Febreze plug-ins. Automating the Gritty Work: Can you truly automate evictions? We discuss the reality of getting non-paying tenants out and why PadSplit residents often move out without a legal fight compared to traditional rentals. The Austin Real Estate "Crash": Why rental values are plummeting in Austin and our thoughts on Brandon Turner’s big move to the Texas capital to manage his struggling multifamily funds. 10-House Goal for 2024: Stevie breaks down his "lofty" goal of acquiring 10 houses this year and how he’s using quarterly tracking and a whiteboard to stay on pace. The OPM Debate: Why Stevie is sticking to single-family investing with his own capital rather than using "Other People’s Money" (OPM) during this market cycle. Demographic Clashes: How high-income medical professionals from Furnished Finder are meshing with traditional PadSplit residents in the same house. National Watch: Our take on the Trump administration's proposals for 50-year mortgages and 10% interest caps on credit cards. Connect with us: Work With Us 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 Check out Myka’s Podcast: Entrepremarriage – Building wealth without losing the marriage Click our Link Tree for Podcast News! https://linktr.ee/liveletthrive🎙️✨ #LiveLetThrive #RealEstateInvesting #PadSplit #DFWRealEstate #MidTermRentals #Entrepreneurship #PropertyManagement #BrandonTurner #TexasRealEstate

    1h 8m
  2. Turning Liabilities into Assets: Mexico Lessons, PadSplits, and Your AI Safety Net

    JAN 21

    Turning Liabilities into Assets: Mexico Lessons, PadSplits, and Your AI Safety Net

    In Episode 337, Myka and Steve discuss the power of the "upsell" and why every entrepreneur needs to look for ways to turn liabilities into assets. Steve shares stories from his two-week trip to Mexico, including a surprising business lesson from a local barbershop that sparked a larger conversation on maximizing revenue in the real estate space.The guys debate the logistics of adding vending machines to PadSplits and whether the extra cash flow is worth the management. They also explore the "4-3-2-1" method for young investors to reach financial independence and Steve’s potential venture into high-end "crash pads" for airline professionals. Finally, Micah explains why mastering technical skills like AI prompt engineering is the ultimate career insurance for today’s economy.In this episode, we discuss:➡️The Mexican Barbershop Lesson: How a small hustle in Guadalajara turns every customer into ten sales.➡️Vending Machines in PadSplits: Discussing the potential for energy drinks and snacks to boost revenue.➡️The "4-3-2-1" Method: A roadmap for building a 9-door portfolio with minimal down payments.➡️High-End Crash Pads: Steve’s look into seller-financed properties for pilots and flight attendants.➡️AI as Career Insurance: Why honing your AI skills is the best backup plan for any professional.➡️Freedom, Option, and Choice: The true meaning of financial independenceConnect with the Live Let Thrive Team For episode updates, networking opportunities, and more resources, visit our official website or reach out via email. 🌐 Website: www.LiveLetThrive.com 📧 Email: LiveLetThrive@gmail.com 📱 Social Media: Follow us @LiveLetThriveWork With Us Interested in professional management or consulting? Connect with Micah and Steve through their respective management firms: Myka (ShareBNB): www.sharebnb.comSteven (Argest Rentals): www.ArgestRentals.comStay Informed Don't miss a beat! Access our latest podcast news, upcoming events, and exclusive links through our Linktree: https://linktr.ee/liveletthrive#airbnb #airbnbhost #shorttermrentals #BRRRR #realestate #turo #homeaway #VRBO #corporatehousing #shareeconomy #podcasts #podcast #liveletthrive #realestateinvesting #airbnbsuperhost #airbnbpodcast #sharebnb #liveletthrivepodcast #biggerpockets #shorttermrentals #directbookings #directbooking #bookdirect

    1h 8m
  3. Pivoting for 2026: Why I’m Stepping Back From STRs and Refocusing on Long-Term Wealth

    JAN 14

    Pivoting for 2026: Why I’m Stepping Back From STRs and Refocusing on Long-Term Wealth

    In the final episode of Live Let Thrive for 2025, I’m flying solo and getting real about what this year taught me as a real estate investor. While 2025 wasn’t a loss, it was a stress test — especially during a slow season where mid-term demand softened and high-maintenance short-term holiday guests took center stage.In this episode, I break down why we’re pivoting our strategy in 2026 by stepping back from heavy STR and MTR operations and refocusing on long-term rentals for stability, predictability, and sustainability. I explain how we’re still using short-term rentals strategically for tax advantages like the STR loophole and cost segregation — but no longer building our entire business around them.I also share how turning ChatGPT into my CFO helped us analyze overhead, cut unnecessary expenses, and make clearer financial decisions — and why adaptability, not loyalty to a single strategy, is what keeps investors in the game long term.If you’re feeling stretched by short-term rentals, questioning your current strategy, or looking to build real estate wealth that lasts beyond market cycles, this episode is for you.LLT info: Hit us up!www.LiveLetThrive.comLiveLetThrive@gmail.com@LiveLetThrive on the socials!Management Companies:ArgestRentals.comSharebnb.comLooking for a great Arbitrage? Click here! ⁠https://zfrmz.com/zIRCwmIDcwNcZ5LXSiJ4⁠or visit Lo-Casa.com and tell them Live Let Thrive sent you!Click our Link Tree for Podcast News!⁠https://linktr.ee/liveletthrive⁠#airbnb #airbnbhost #shorttermrentals #BRRRR #realestate #turo #homeaway #VRBO #corporatehousing #shareeconomy #podcasts #podcast #liveletthrive #realestateinvesting #airbnbsuperhost #airbnbpodcast #sharebnb #liveletthrivepodcast #biggerpockets #shorttermrentals #directbookings #directbooking #bookdirect

    26 min
  4. Stevie Stacks 2025 Recap: From Airbnb Arbitrage to PadSplit Pro

    JAN 14

    Stevie Stacks 2025 Recap: From Airbnb Arbitrage to PadSplit Pro

    We were supposed to share this with you before the New Year, but as the saying goes—it’s better late than never! In this solo episode, Steve "Stevie Stacks" gets real about "tending the garden" of his real estate portfolio. From buying houses with zero bank involvement to converting properties into high-cash-flow PadSplits, this is the raw blueprint of how he navigated 2025 and why he’s targeting 10 houses in 2026. Key Highlights from the 2025 Recap: Portfolio Growth: How Steve purchased 3 houses in Grand Prairie, North Mission Hills, and Euless—using seller financing for two of them to avoid the "BS" of traditional banks. The PadSplit Pivot: The technical process of converting 3 and 4-bedroom homes into 6-bedroom affordable housing units that can generate up to $5,000/month. Finance Mastery: Insights into doing two cash-out refis and why he’s sitting on cash to wait for "great" rather than "okay" opportunities. The "Appraisal Trap": A must-hear warning about why you should never put up PadSplit walls until after your reappraisal is complete. Tax Strategies: Using Cost Segregation and 100% bonus depreciation to wipe out tax burdens and fuel the "velocity of money." Passion Projects: Steve’s move into "Zen" minimalist design for a new Fort Worth apartment arbitrage. LLT info: Hit us up! www.LiveLetThrive.com LiveLetThrive@gmail.com @LiveLetThrive on the socials! Management Companies: Myka: www.sharebnb.com Steven: www.argestRentals.com Click our Link Tree for Podcast News! https://linktr.ee/liveletthrive #airbnb #airbnbhost #shorttermrentals #BRRRR #realestate #turo #homeaway #VRBO #corporatehousing #shareeconomy #podcasts #podcast #liveletthrive #realestateinvesting #airbnbsuperhost #airbnbpodcast #sharebnb #liveletthrivepodcast #biggerpockets #shorttermrentals #directbookings #directbooking #bookdirect

    41 min
  5. The $80,000 STR Tax Hack & The Michael Jordan Gamble

    12/25/2025

    The $80,000 STR Tax Hack & The Michael Jordan Gamble

    Merry Christmas! Live Let Thrive has a new episode for you. Myka and Steve are back, diving into high-level real estate plays and sharing legendary stories about taking bold risks and betting on yourself. Steve gets real about the daily grind of managing a six-bedroom Pad Split. He shares stories from the front lines, including dealing with a "gossip queen" tenant and finding creative ways to keep the water bill from exploding when a tenant tries to thaw hamburger meat under a running faucet. He also takes a trip down memory lane to recount his legendary gamble: flying standby to Salt Lake City without a ticket, a plan, or even a place to sleep, just to catch Michael Jordan’s "Last Dance" Bulls championship with nothing but a cardboard sign and a dream. On the money side, Myka is dropping gems on how he’s leveraging a Cost Segregation Study and the Short-Term Rental (STR) tax loophole to potentially bag an $80,000 write-off this year. The guys discuss their "passive-passive" model of using massive tax returns to fund their next property acquisition and why they’re pivoting some mid-term rentals back to long-term and Section 8 housing to crush it in a hardening market. Whether it’s debating a $7,600 World Cup ticket gamble versus a 5-day Disney cruise or avoiding the "Shiny Object Syndrome" that burns so many rookies, this episode proves that if you can live with the worst-case scenario, you can always pull the trigger. LLT info: Hit us up! www.LiveLetThrive.com LiveLetThrive@gmail.com @LiveLetThrive on the socials! Management Companies: ArgestRentals.com 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 Link Tree for Podcast News! ⁠https://linktr.ee/liveletthrive⁠ #airbnb #airbnbhost #shorttermrentals #BRRRR #realestate #turo #homeaway #VRBO #corporatehousing #shareeconomy #podcasts #podcast #liveletthrive #realestateinvesting #airbnbsuperhost #airbnbpodcast #sharebnb #liveletthrivepodcast #biggerpockets #shorttermrentals #directbookings #directbooking #bookdirect

    1h 12m
  6. Is the 2026 World Cup the ultimate payday for Airbnb hosts?

    12/17/2025

    Is the 2026 World Cup the ultimate payday for Airbnb hosts?

    In Episode 333, Myka and Steve dive deep into the massive opportunity coming to the DFW area for the 2026 World Cup. We break down a 5X to 6X pricing strategy , the reality of hosting the 90% of fans who won't even have tickets , and why the "Messi Effect" is driving nosebleed seat prices to $1,200.But it’s not all big paydays—the guys get real about the "boots on the ground" chaos of PadSplits. Steve shares a brutal "nightmare" involving health issues, bathroom disasters, and "tribalism" where roommates start voting each other off the island like an episode of Survivor.In this episode, you’ll learn:-World Cup Strategy: Why walking distance to "Fan Zones" like Fair Park or Deep Ellum is the secret to booking.-AI Automation: How to use ChatGPT Pulse and Atlas to find insurance leads and automate guest messaging.-The Reality of PadSplits: Dealing with "Karens," property damage, and the 14-day notice to vacate.-Corporate Housing: Why securing a $5,100/month insurance claim booking for 8 months beats chasing one-night stands.LLT info: Hit us up!www.LiveLetThrive.comLiveLetThrive@gmail.com@LiveLetThrive on the socials!Management Companies:ArgestRentals.comSharebnb.comLooking for a great Arbitrage? Click here! ⁠https://zfrmz.com/zIRCwmIDcwNcZ5LXSiJ4⁠or visit Lo-Casa.com and tell them Live Let Thrive sent you!Click our Link Tree for Podcast News!⁠https://linktr.ee/liveletthrive⁠#airbnb #airbnbhost #shorttermrentals #BRRRR #realestate #turo #homeaway #VRBO #corporatehousing #shareeconomy #podcasts #podcast #liveletthrive #realestateinvesting #airbnbsuperhost #airbnbpodcast #sharebnb #liveletthrivepodcast #biggerpockets #shorttermrentals #directbookings #directbooking #bookdirect

    1h 23m
  7. Crazy PadSplit Tenant Stories & Why We’re Ditching Short-Term Rentals

    11/13/2025

    Crazy PadSplit Tenant Stories & Why We’re Ditching Short-Term Rentals

    We gave PadSplit a try — and what happened next completely changed how we look at real estate, From short-term rentals to mid-term and now shared housing, the game is evolving fast. In this episode of Live, Let, Thrive, Myka and Steve dive deep into the pros, cons, and wild stories from managing PadSplits, Airbnb headaches, and the future of long-term investing. 💬 Topics we cover: Our real experience using PadSplit (the good, the bad, and the crazy) Why more hosts are leaving Airbnb for long-term rentals How leadership and systems make or break your real estate business Tips for scaling without burnout Real talk about Furnished Finder, corporate rentals, and multifamily investing If you’re a real estate investor, Airbnb host, or just curious about where the housing market is heading — this episode is for you! 🎧 Watch the full conversation and join us as we explore how the real estate game is changing in 2025.Click our Link Tree for Podcast News!https://linktr.ee/liveletthrive#airbnb #airbnbhost #shorttermrentals #BRRRR #realestate #turo #homeaway #VRBO #corporatehousing #shareeconomy #podcasts #podcast #liveletthrive #realestateinvesting #airbnbsuperhost #airbnbpodcast #sharebnb #liveletthrivepodcast #biggerpockets #shorttermrentals #directbookings #directbooking #bookdirect

    1h 5m
  8. PadSplit Tenant Nightmare: What They Don’t Tell You

    11/05/2025

    PadSplit Tenant Nightmare: What They Don’t Tell You

    Ever had a tenant so crazy you questioned your whole real estate strategy? In this episode of Live Let Thrive, Steve goes solo and breaks down a wild PadSplit situation — from red flags to eviction — and why PadSplit can be powerful and painful for investors.We also dive deep into:✔️ PadSplit vs Airbnb vs Corporate housing✔️ Expanding from 10 to 12+ doors using creative finance✔️ Why growth often means getting back in the trenches✔️ Cash-out refis, seller finance, DSCR loans✔️ The truth behind scaling in real estate✔️ Founder mindset & learning from failure✔️ Preparing for the 2026 World Cup & STR opportunityWhether you're doing short-term, mid-term, long-term, or PadSplit — this episode gives you the real behind-the-scenes game.LLT info: Hit us up!www.LiveLetThrive.comLiveLetThrive@gmail.com@LiveLetThrive on the socials!Management Companies:ArgestRentals.comSharebnb.comLooking for a great Arbitrage? Click here! ⁠https://zfrmz.com/zIRCwmIDcwNcZ5LXSiJ4⁠or visit Lo-Casa.com and tell them Live Let Thrive sent you!Click our Link Tree for Podcast News!⁠https://linktr.ee/liveletthrive⁠#airbnb #airbnbhost #shorttermrentals #BRRRR #realestate #turo #homeaway #VRBO #corporatehousing #shareeconomy #podcasts #podcast #liveletthrive #realestateinvesting #airbnbsuperhost #airbnbpodcast #sharebnb #liveletthrivepodcast #biggerpockets #shorttermrentals #directbookings #directbooking #bookdirect

    54 min
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5
out of 5
4 Ratings

About

Airbnb, PadSplit, Corporate Rentals, Arbitrage, Live Let Thrive covers all the creative ways to rent out your properties to maximize profits. We also get into buying properties in creative ways. Come along for the ride and have some fun along the way!

Information

  • Creator
    Live Let Thrive
  • Years Active
    2024 - 2026
  • Episodes
    334
  • Rating
    Explicit
  • Copyright
    © Live Let Thrive
  • Show Website
    Live Let Thrive Podcast

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