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Updated almost 5 years ago, 01/26/2020

User Stats

11
Posts
15
Votes
Judah Hoover
  • Property Manager
  • Lancaster, PA
15
Votes |
11
Posts

Who Invented MAO?? Was it Ron LeGrand

Judah Hoover
  • Property Manager
  • Lancaster, PA
Posted

Best I can tell Ron LeGrand is the one that invented or came up with the Maximum Allowable Formula we all call MAO (pronounced Mayo).

ARV times .7 minum rehab amount = MAO.

I am sure investors used similar foumulas before Ron. I am just interested if anyone knows if Ron is the one that coined the term "MAO fourmula"

and while we are on the tipic, is he the one that coined ARV??