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LSDefine

Simple English definitions for legal terms

GRM

Read a random definition: allegation

A quick definition of GRM:

Term: GRM

Definition: GRM stands for Gross Rent Multiplier. It is a number that helps people figure out how much money they can make from renting out a property. It is calculated by dividing the property's price by its yearly rental income. The lower the GRM, the better the investment opportunity.

A more thorough explanation:

Term: GRM
Definition: GRM stands for Gross Rent Multiplier. It is a ratio used to determine the value of an income-producing property by dividing the property's sale price by its gross rental income. The GRM is a quick way to estimate the potential return on investment for a property. Example: If a property is listed for $500,000 and generates $50,000 in gross rental income per year, the GRM would be 10. This means that it would take 10 years of rental income to recoup the purchase price of the property. Explanation: The GRM is a useful tool for real estate investors to quickly evaluate the potential profitability of a property. A lower GRM indicates a better investment opportunity, as it would take fewer years to recoup the purchase price. However, it is important to consider other factors such as expenses, vacancy rates, and potential for rental increases when making investment decisions.

GRIT | grog-shop

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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