How do you Value your Real Estate Business???

[David Zheng]

Was looking for ways to value your buy and hold real estate business if you were lets say pitching it to investors or even if you were to sell it.

Obviously the go to answer is... how much do you think your properties are worth but I think it goes deeper.
you are selling the tenants in it, the processes, management systems, etc. etc.

I understand you might say...well I just use a GRM on each property's CF and then a little on top for my processes. But let's say you are awesome and get tenants paying $3000/month on a $100k house where other similar properties are only getting $1000/month (total exaggeration but you get the point)

Obviously I don't think assets- liabilities is a good way especially if you are financing everything.

So now what?

use  DCF approach? your total net cashflow/ treasury rate?
GRM on total gross rents?

Thanks for your inputs!