Thus far on 5 Minute Multi-Family, we have covered Capitalization Rate (CAP Rate), Gross Rent Multiplier (GRM), and Price/Unit & Price/ Square Foot. This week we move on to examining Unit Mix & Rent Roll (the bedroom/bathroom composition of a property with the corresponding rental rates). We also dive into discussing how to examine a rent roll versus the actual rental leases to identify any discrepancies.
5 Minute Multi-Family is a weekly video series where my team and I help you, the investor, understand the major markers of evaluating a multi-family asset. If you missed a prior installment click here to watch those videos now.
In the coming weeks, we will continue to discuss the most common questions we get when it comes to the day to day management of multi-family properties…and tenants!
I hope you have found our video installments informative and helpful! Be sure to forward this video to all landlords that you know, and anyone that could benefit from the information (like the real estate agent who didn’t disclose a non-permitted unit to you, or worse…couldn’t figure it out for themselves!)