Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

I would invest in a fund or find partners in place that are growing. 

I want to partner with you.

My bizz partner when I was doing timber in the 90s  prior to us doing our thing.. he had a Cedar shake mill.. things changed in San Jose area tile roofs are very prevalent. 

To do that I partnered up with a different bank all together. 

Marco Santarelli, Partner Aspire Tour and Money Is MastermindP.S.

If you are looking to build an ADU in the Los Angeles area, my partner builds them very well, with a great budget and in about 3 months. 

I do have one question - I have a partner and we are looking into getting a properly together.

Hello BP.As part of me and my partner plan to establish a Joint Venture with an investor, we are moving forward with purchase of a property in JV model.We would appreciate clarification on the following points:1.

I'm looking to meet like-minded investors and make new partners with people serious about investing in the New York City area.