"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.

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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

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