I don't know where my average wholesale will be but I've done one for $18K and one that looks like it will be $100K and I'm getting ready to take the marketing that got me these 2 deals and multiply the volume by almost 10.

You are selling them on the big pay day.When you wholesale to a buy and hold investor you will use the Gross Rent Multiplier.

There's this saying I hear constantly, something along the lines of "Once you leave, you can't come back", basically saying you will never be able to afford it again.If we can truly take the cash from this place and multiply it at a far higher rate elsewhere, then it seems foolish to hold on to this one thing.

My suggestion would be to have your first one as close as possible........ big learning curve and that gets multiplied when you add distance.

I've very rarely seen a second foreclosing, and if you take that slim of a chance multiplied by the chance of it actually being a deal, what you get is not much of a market for them.Thinking about it, I actually did buy one a year or so ago.

That translates into a rent multiplier just over 4.A better rule of thumb is to assume expenses will be 50% of the monthly rent.

What you are talking about is different forms of Gross Rent Multipliers. 

They are as follows:• Qualified appraisers• Comparable sales data or “comps”• Gross multiplier approach• Capitalization rate method• Essentials of real estate investment analysis software We prefer using a specially designed computer program in conjunction with input from consultants and comparable sales data.

Gross Rental Yield: annual rental income divided by my property’s value/price (multiplied by 100 to get the percentage). 

Then multiply your bid amount by .03287   And then multiply the amount of days befor redemption.