Property Management
What is a 'gross income multiplier' (GIM) compared to a 'gross rent multiplier' (GRM)?
AThey are identical metrics
BGIM uses total annual gross income (all sources); GRM typically uses only rental income and may be expressed as a monthly figure✓ Correct
CGIM is only for residential properties
DGRM is only for commercial properties
Explanation
GRM typically relates to residential property rent (monthly or annual). GIM uses total gross income from all sources for a property (rent, parking, laundry, etc.), making it broader and more suitable for multi-income properties.
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