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June 21, 2022 at 3:42 am #4192
The Gross Rent Multiplier, or GRM, is an important and often overlooked metric. It gives you a way to quickly estimate the income potential of a property based on the rents achievable in it. In this blog https://www.nyrentownsell.com/blog/gross-rent-multiplier/ I’ll define the GRM, discuss its uses for investors, and describe how you can use it to evaluate both existing properties and hypothetical projects, and give a few real-life examples.