That is usually ordinary income tax rates.

FYI if you plan use a site like Home Advisor, they charge each contractor a sizable fee (usually 4 companies) to get your info.

Notice I have never tried to correct you on our inherent problem. yup one of my homes that's was the case poorly built.. and in Texas were no licenses were or are required.. this happens.. and guess what those are usually the distressed homes.. this market for fix and flip in my mind is for the local pro's I got my butt kicked and will never go back.. and then when your fooling with these homes.. the tax's pile up on you.. and then of course when your just about done you get hammered by a hail storm and have to go through roof replacement..  

This is only if all the usual expenses have been accounted for (purchase, taxes utilities, holding, closing, etc.) and your re-hab budget (+15%), plus the market being in the right place or will be soon enough (which is tough to predict). 

Probably not, considering that 10 years ago it was the worse economic crisis in at least 70 years since the Great Depression.BUT, if those who did not understand that it was a FANTASTIC time to invest once the crisis was over, even if the same thing occurs, their risk intolerance will probably steer them to the investments that won't appreciate the most, and that is unfortunate.This is really about education in the long run.People have to add to their inventory of skill sets for an investor the ability to calculate and understand appreciation and other future values.It's the only way to get used to the psychology that things change in the future and where you buy can either capture that change if it's good, or avoid it if it is not.I just can't believe people make a decision on an Investment based on one single calculation for today, usually the Cash on Cash Return, and then completely ignore all future economics.That's like the squirrel that doesn't bother saving his nuts for the winter because he has a lot around in the fall when they dropped off the trees.Good thing squirrels can think about the future value of saving his nuts!

"serious harm" usually requires structural damage".

the reason for this idea is that the agent usually very pushing, kind of want to do some research and even want to do it by myself.

.#6 Don’t Buy from Unmotivated SellersMotivated sellers are usually willing to work with buyers, so focusing on finding motivated sellers can result in making great deals as a real estate investor.

I can get a C area for 40k and B area for 50-60k, so I usually do that

What is usually done on pre-foreclosure services you make a price which includes their balance owed whether it is County Property Tax, Mortgage payments, or somebody else.