Multiply that times 70% and you get $42,000.

Not that I don't love the humor and want to change the subject, but could he possibly be referring to the GRM or Gross Rent Multiplier rule of 8 or less.

A rough guide to translating Nickerson's numbers is to multiply his dollar amounts by 10.

Multiply by 12 to get an annual cash flow number.

So I would take the final monthly cash flow number, multiply by 12 and divide by the total amount of cash I put into the deal.I hope that is helpful.Mike

I take my max offer price and multiply by 85% first and that is my initial offer.

If you took all the depreciation you should have taken, then multiply that total amount by 25% to determine the capital gains tax due to depreciation.2.

Hey guys,I've been researching the market here in Austin for the last year and it really seems like wholesaling at the usually healthy (ARV (.70)) multiplier hasn't been having the same results.

I multiplied the ARV by 65% instead of 70%.

In any case, when you add in 10% for overages (like many roofers will do), that calculation always came up short for me.These days, for a conventional roof pitch, I'll multiply the length of the house by the width of the house and then multiply by 1.5.