You are here: GeekEstate Blog » Mortgage » Cap Rate, GRM (Gross Rent Multiple) Etc.

Cap Rate, GRM (Gross Rent Multiple) Etc.

Recently I had a conversation with a loan originator and thought of sharing it with our readers here to see their take on it.

According to this originator, most of the online information on commercial properties is inaccurate. He showed me a list of properties in his market with wrong Cap rate and GRM. He thinks that it is easy to calculate these vital pieces of information if you spend some time and use your local market experience. If the potential investors do not get the correct information to make the decision, properties will remain on the market for a long time. I will follow up in few months and see his progress.

Meanwhile, I am interested in hearing from Geek Estate readers.

About Murali Vasudevan

Murali is a software architect based in LA. He experiments with new technology with emphasis on API integration using Amazon, Google Maps, Zillow, Trulia, Walkscore, Facebook, Twitter, ZoomInfo, Yelp etc.

This entry was posted in Mortgage. Bookmark the permalink.
2008 - 2018 GEEK ESTATE · ALL RIGHTS RESERVED - THEME BY Virtual Results
Hosted by Caffeine Interactive