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Started By
Message
Gross Rent Multuplier ?
Posted on 2/21/17 at 4:27 pm
Posted on 2/21/17 at 4:27 pm
A lot of you guys seem to be familiar and experienced in the real estate industry. In your experience, what multiplier should be used to determine rent for a piece of undeveloped, wooded property? I understand that many factors would affect this number, but I was curious if the 1% rule for rent houses is applicable for undeveloped, wooded property.
Tia.
Tia.
6
Posted on 2/21/17 at 4:28 pm to TSLG
Try the undeveloped wooded property board.
Posted on 2/21/17 at 4:33 pm to Scooba
bout tree fiddy.
Posted on 2/21/17 at 4:35 pm to Scooba
quote:
Try the undeveloped wooded property board.
You have to pay for TD Premium and it's only on the app.
Posted on 2/21/17 at 4:43 pm to TSLG
quote:
I understand that many factors would affect this number, but I was curious if the 1% rule for rent houses is applicable for undeveloped, wooded property.
Too bad it's not historic family gravel parking lot property. If it were, we'd be able to help.
Posted on 2/21/17 at 4:46 pm to TSLG
i woukd ask the money board. experienced real estate people there
Posted on 2/21/17 at 4:47 pm to TSLG
Is this for a hunting lease? Who is renting woods?
This post was edited on 2/21/17 at 4:48 pm
Posted on 2/21/17 at 5:06 pm to OysterPoBoy
The grm must be market derrived
Property sold for 100 k
Similar sized property was leased for $200 a month
So grm is 500
Missing one, derrive it from others
Property sold for 100 k
Similar sized property was leased for $200 a month
So grm is 500
Missing one, derrive it from others
This post was edited on 2/21/17 at 5:08 pm
Posted on 2/21/17 at 5:33 pm to TSLG
(no message)
This post was edited on 5/4/17 at 2:36 am
Posted on 2/21/17 at 5:47 pm to OysterPoBoy
quote:
Who is renting woods?
me, but only when I take viagra
Posted on 2/21/17 at 5:52 pm to TigerstuckinMS
quote:it was a historic property owned by a family LLC!
Too bad it's not historic family gravel parking lot property. If it were, we'd be able to help.
Posted on 2/21/17 at 11:40 pm to TSLG
Why would someone want to rent an undeveloped wooded property?
Park their single wide or 5th wheel?
Park their single wide or 5th wheel?
Posted on 2/21/17 at 11:56 pm to SanFranTiger
quote:
i would ask the money board. experienced real estate people there
its not a sure thing but you won't have to wade through any more snide comments.
Go and prosper.
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