Hey James - going DSCR for a STR deal is pretty simple, and a lot of the time it is even easier than doing a LTR deal with DSCR.

That brings me to my next bad landing page (LP) breakdown—there’s a lot to unpack here.What I’m showing you here is a simple “load speed time” analysis of a PPC advertiser landing page.The basic industry rule of thumb is that A load time of 1-3 seconds is considered good, where the less is better.

I always go in with a simple offer of this is the rent, and we are also comfortable giving you a (insert something you need to do anyways like a basic, white paint job or a new appliance).This is one of the most uncomfortable parts of the business though, and the quicker you get over being able to have these conversations, the quicker you will be successful in this business.

This is a simple letter that says you are ending their lease.

That’s how much you have to spend on 1-3 replacement properties (to keep it simple)2) How much equity do you have in the property?

Its a simple matter of the math.

What you can learn from my loss of a year's worth of work:Use your own judgment on the interest rate sensitivity.Figure out how much  NOI drops per 1% interest rate increase.Add 1 to the cap rate  per 1% interest rate increase.Then its pretty simple math to see how it goes upside down.My house is warm. 

If you have a BiggerPockets Pro membership, Rentredi is free which is why I started using it, but I've kept it for a number of years because it's simple to use and effective.

For us, its simple supply and demand.

Is it me or is it the process? Doing my DSCR has been a complete pain in the tail! It has to be just as nerve wrecking as conventional. I'm asking for 50% on one property and 70% on the other. Neither have a mortgage....