17 Jul What Is A Gross Rent Multiplier?
A Gross Rent Multiplier or GRM is a quick way to determine the value of an investment property. This rule of thumb gives you a down and dirty, back of napkin tool to assess an investment opportunity. The higher the factor is the higher the price a seller is receiving and the opposite is true too. The lower the number, the lower the price a buyer is paying. Many years ago I used it to buy one of the best investments I’ve ever made. Feel free to call me at 808-398-3220 or email me at keahi@keahipelayo.com
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