if I said that right... The monthly rent needs to be at least 1% the purchase price - am I hearing this right? I'm shopping rentals with this factor, but I already have one that has become a nightmare, and I'm in the ...
Is the EM as simple as it seems? When a see an EM of 2.5, I understand that the investor gets back $2.50 for every dollar invested. But does that exclude the initial $1 investment?What would make more sense to an inve...
What is a gross rent multiplier? Why is it important and how do I use it effectively?Thanks in advance -Aaron
¿whats a good number for Gross Rent Multiplier?Example: 100,000House ÷ $12,000GrossRent = 8.3GRMIs 8.3 good or it should be 1 or 2 ?
to calculate the gross rent multiplier, should I use the purchase price as the numerator or total acquisition cost: meaning purchase price+closing costs+renovation costs+cost to list?
Greetings!I'm analyzing 2-4 unit multi-family properties. I understand from BP podcasts on how to use the BP calculators that cap rates are rarely used on these smaller MF deals. That said, is the GRM a good way to ...
So in doing due diligence I'm apply the GRM, but the subject property rents vary how would I calculate GRM effectively?
I'm trying to understand my numbers. I ran a BRRRR report and it was laid out the following:ARV $275,000Estimated Repairs $17,250Purchase Price of $175,250 (70% of ARV - repairs) Assumed Gross Annual Scheduled Income ...
I recently heard Brent Kesler do a seminar on the money multiplier method. It sounds good but wanted to see if any has ever used this idea of wealth building through a whole life insurance policy. Any feed back on Bre...
Sure would like to have one of these!!!! :D
[http://www.escapetheillusion.com/blog/2009/05/energy-that-multiplies-itself/]