Building reserves for emergencies and creating other contingency arrangements is also a good idea.When I retired I already knew that I had more than enough to retire because I had already been living more than 10 years exclusively on my rental cash flows and building reserves for retirement.

By buying at a deep discount we have over $16,000 in equity on day one. 

Teaming up with Mexican retail giant El Puerto de Liverpool, the family has made a $3.8 billion bid at $23 per share.Nordstrom, like many department stores, is struggling with changing retail trends, including competition from discount chains and the rise of online shopping.

If you can find one with a true net 10% cap rate, you should be asking "why" is there such a large discount.

I'm not purchasing this property at a discount so I want to make sure it's worth it.

For example: I look for a minimum of a 20% discount from the arv ARV=$100,000 asking price=$80,000 based on this spread I make my offer with a 10% repair cost from the arv repair costs=%10,000 so if I'm wholesaling the property my offer would be $50,000 or 50% of the arv.

@Mark Pruitt We almost exclusively use River Ridge Escrow in Cedar Rapids, closer Melissa.

On my first use of him, his inspection resulted in a $47,500 discount.  

Im a local, i can find you properties and negotiate with the seller for a discount.

You can tell the seller you need them to pay some amount of commission up to the discounted amount of $5k.