Just read an article today saying that you should NEVER buy any income producing real estate that does not have a Gross Rent Multiplier (GRM) of more than 8.iow, A property renting for $1,250 a month, or $15,000 a yea...
I'm helping a client who is interested in purchasing a car wash in Central Illinois (Peoria). Has anyone bought or sold a Midwest car wash recently who could share the EBITDA multiplier that it was valued and/or sold...
What GRM range should one stay in when buy multi families and mobile home parks?
Thanks
Jordan
I have reviewed the forums and evidently am slow because I simply am not comprehending Cap Rate and the value of using it as a tool. For my quick look, I tend to use Gross Rent Multiplier. These seem much the same y...
Hi all, I'm currently evaluating my first fourplex. When determining my purchase price, should I be placing more weight on the cap rate or rent revenue multiplier? If the latter, what would be a good RRM? Below are so...
When rates were low, I know properties were trading up to a 10x multiple for gross rental income around here.Does anyone know what is actually selling and at what multiple and are there still cash buyers with over a m...
When eyeing multifamily investments, you’ll likely encounter two key metrics – cap rates and gross rent multipliers (GRM).At first glance, they seem similar, but there are some important differences between the two.Th...
Many people involuntarily find themselves involved with real estate investing. They stumble around making all kinds of mistakes as they are looking for guidance or training to help them along their path to wealth. Som...
I realize you usually take 10% CAP into account. How do you figure out the specific market CAP? Like in CA there are probably different CAPs in different counties. San Jose will be different from Redding. Why multiply...
estimate , as to what ( as an average ), you can expect your Monthly Mortgage payment to be ? I have heard from a Lender, that multiplying the Price at which you are willing to pay for a house by 7 , will give you a c...