Formula that people use to evalute deals for flipping?

[Nolan Bohler]

Hey there! I heard on a podcast. I'm not sure which one that's my problem. Anyway, I'm trying to find out the formula that people use in evaluating deals. I heard it on a podcast many months ago. I'm not sure who it was. Or again what podcast it was. He went through what he did step by step. When his numbers fell in a certain parameter. It helped determine if the deal was worth pursuing or not. I've been trying to find this to no avail. I'm sure someone here has an answer or maybe heard this podcast. Or could help me out here. I would sure appreciate it. Thank you! Nolan