Utilizing Francisco's local market insights, we quickly evaluated the property's potential.

@Tim JohnsonThere are essentially two ways (and a few variations) to purchase this deal, depending on how the owners are selling it:As a going concern:  In this instance you are buying the business, so it is the business you evaluate: assets, liabilities, revenues (historical: 3 - 5 years), operating costs (historical: 3-5 years), future financial projections, goodwill, etc.    

Follow a structured plan to get pre-approved, work with a real estate agent, and evaluate properties.Good luck!

Portfolio loans could be based on that too but mostly they are based on the rental income method of evaluating the value of the property.Lending to an LLC – Conventional loans must close in your personal name.

It was called “Evaluator” by PropertyTracker.com Not sure if that app has been updated in a while but I still use it.

It is also a low-risk way to learn all the principles of real estate investing with very limited risk, gain experience with evaluating, buying, repairing, renting and managing a property.

This is because each property is typically evaluated on its own merits regarding the services provided and the level of activity involved.

I recently joined the community and I'm evaluating a property with the rental calculator tool.

Seems like an outstanding opportunity for those who see the possibilities, can property evaluate the risk/reward opportunity, and can execute.Every suggestion that I had in my post I believe has large possibilities but because the San Jose ADU lot split rule is already approved, it seems like an almost cannot miss (assuming no RE crash).  

Hey all, Yes you should always use the 3x rule when evaluating if a tenant can afford your rent.