real estate diction question

Please explain the definition of a  gross rent multiplier, what it is used for and the formula to calculate it. As an investor how would you use the GRM and explain why you believe it is or is not an accurate tool to estimate value?

In order to score points you need to complete the assigned reading and answer the question from the reading assignment. Please feel free to do additional research on the topic. But, in all circumstances, make certain you document your source(s) of information.

You may certainly disagree with what is in the assigned reading/video, but you must reference where you obtained your information, your opinion on the topic, and why you disagree. Just writing your opinion on a topic without doing the reading assignment will score you zero (0) points.