How AI is Replacing Property Management Software: The $200 vs $20 Revolution

We are BACK! After a long hiatus, Myka and Steve return for new episode to discuss the massive shifts in their real estate businesses. From replacing expensive software with AI to navigating the wild world of PadSplits, this episode is packed with actionable insights for every investor.In this episode, we dive into:Firing the PMS: Micah explains why he ditched his Property Management Software to run his entire operation through Claude AI for just $40/month—saving thousands in fees.AI-Driven Operations: How to use "Claude Cowork" and bots to automate guest messaging, PriceLabs updates, and even build websites in minutes.The PadSplit Goldmine: Steve shares how he’s turning a 4-bedroom house into a 6-bedroom cash cow, generating over $4,000/month in a "C-class" neighborhood.Real Tenant Stories: What happens when a tenant goes to jail? Steve discusses the realities of managing "the hood," room inspections, and why strict screening is your best friend.AI Investing Mindset: Why AI should be used to 10X your existing knowledge rather than just seeking quick answersWork With UsInterested in professional management or consulting?Connect with Myka and Steve through their respective management firms:Myka (Sharebnb): www.sharebnb.comSteven (Argest Rentals): www.ArgestRentals.comSign 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=94AD509ACheck out Myka’s Podcast: Entrepremarriage – Building wealth without losing the marriage https://www.youtube.com/@Entrepremarriagehttps://www.youtube.com/@EntrepremarriageClick 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