Forums / Property Investing / General Property / What does this mean?

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  • Profile photo of RichardRoperRichardRoper
    Participant
    @richardroper
    Join Date: 2005
    Post Count: 12

    G'day all,

     

    Can anybody tell me what  "pcm" means.

    I found this add that said

    "Excellent 2 Bedroom unit, well presented and comprises good size bedrooms with BIR's , spacious lounge with electric heating, lockup garage and private rear yard. Currently tenanted and returning $671pcm…"

    and I can't find out what pcm means.

    By the way  is there any kind of Glossary around that  you can look up every time you come across an unfamiliar real estate or related term ?

    Some times I'm completely lost with the abreviations.

    Richard

     

    Profile photo of propertypowerpropertypower
    Member
    @propertypower
    Join Date: 2006
    Post Count: 312

    pcm = per calendar month

    Profile photo of ShOw_Me_ThE_MoNeYShOw_Me_ThE_MoNeY
    Member
    @show_me_the_money
    Join Date: 2004
    Post Count: 80

    PCM = Per calender month, 671 PCM = 154 Per Week

    Profile photo of debbie_kleyn30504debbie_kleyn30504
    Member
    @debbie_kleyn30504
    Join Date: 2003
    Post Count: 3

    Hi Richard,

    I'm new to this too and I am also having trouble with unfamiliar terminology.

    Its mind boggling !

    DK

    Profile photo of RichardRoperRichardRoper
    Participant
    @richardroper
    Join Date: 2005
    Post Count: 12

    Thanks everybody.
    DK I found a glossary on this site but it didn't work.
    Maybe we should lobby to have it fixed?

    Profile photo of brentbrent
    Participant
    @brent
    Join Date: 2001
    Post Count: 165
    RichardRoper wrote:
    Thanks everybody.
    DK I found a glossary on this site but it didn't work.
    Maybe we should lobby to have it fixed?

    What was the link?

    Post it up here when you get a chance. I e-mailed Goldie (the tech brains behind PI.com) to let him know about the problem, but your link will help him to pinpoint it.

    Brent

    Profile photo of AmandaBSAmandaBS
    Participant
    @amandabs
    Join Date: 2005
    Post Count: 549

    That's a new one to me also so I've just added it to our Glossary of Terms.

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