#91 Multifamily Brokers vs. an AI Real Estate Quiz (We Got One Wrong)
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Can two Long Beach multifamily brokers ace a real estate quiz written by AI? Cody and I analyze apartment deals every day, so we put ourselves to the test with 7 questions on GRM, cap rates, days on market, the 1% rule, DSCR, 1031 exchanges, and LTV. We went 6 for 7, and we left the one we missed in the video.
Along the way, we break down how each metric actually works in the Long Beach market: why a GRM of 10 is strong here, the 35% expense rule of thumb we use on Southern California apartment buildings, when a high days-on-market number signals a negotiating opportunity…
The skinny
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