Using K's vs. M's for $1,000
Thoughts? I'll go first.
K is for peasants.
M for $1,000 MM for $1,000,000
If the end user reading the package cannot use context clues, i.e....
"Wow. They're asking $10MM on a prop with a $500M NOI, how the fuck are the saying it's a 5 cap??? This thing throws off a $500 million NOI for an asking price of $10 million??? wow seller must be a dummy I'm taking him to the cleaner"
....then they are a peasant.
Have a great weekend! Don't work too late.
It’s mm for million for sure. God bless you king.
What’s the difference between all three I get confused?
M is a romal numeral for 1000 MM would be MxM = 1,000,000
Using a M by itself is a little confusing
Here in America we like to make it confusing
K - Kilo = 1,000 - Metric
MM - Short Hand = 1,000,000 - Roman
bn - Just letters from the English world = 1,000,000,000 - UK Origin from Cambridge
we hashed this out like 6 months ago. Consensus was Billion= Bn, Million = mm, and thousand = k
^
This guy fucks.
Have worked for institutional shops and have literally never seen any deck or anything reference thousands as “M”.
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I hate to tell you guys, but if you care about this at all...
True - but also in my entire career I don't think I've ever seen someone shorthand thousands as M, so if you do you're a psychopath.
K for thousands, M or MM for millions idc which.
I agree with this. I've seen people use M and MM for millions. Never seen M for thousands always K.
I've seen it more from the financial side of things and let me tell you what, it's awful.
English is fucked
Horrible take. Pissed me off more than the top paying REPE thread
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