The GRM is a way to estimate the value of a property by dividing the "sales price" by the "rent". This will give you a number which can be used to quickly determine how much a property is worth.
These are questions that the above text answers:
1. What is the GRM technique used for in real estate?
2. How is the value of a property estimated using the GRM technique?
3. What two factors are divided to calculate the GRM?
4. What does the GRM number indicate about a property?
5. How can the GRM technique be helpful in determining property value?
6. What is the formula for calculating the GRM?
7. What does the "sales price" represent in the GRM calculation?
8. What does the "rent" represent in the GRM calculation?
9. Can the GRM technique be used to quickly estimate property value?
10. What is one advantage of using the GRM technique in real estate investment analysis?