@Vu Trinh I’m not 100% sure how it works in Dallas but Houston has a tax rate that is multiplied by that appraised value of your home.

The formula I want to use to calculate this is: Multiplying the sq footage of the property by the rehab cost per sq ft. 

Multiply the time by an attractive  hourly rate - you buy the material (he picks it up) the part-time does the work AND YOU SAVE THOUSANDS OF DOLLARS - Sorry GC - bye- bye!

If not, then you would be adding a lot of money to the economy and that money would be spent and cycled through and the impact and potential multiplier effect could potentially be large as we are a consumer consumption-based economy (70 cents of every dollar is consumer spending oriented).

Comparable sales and GRM (Gross Rent Multiplier) are valuation metrics used for 1-4 family residents. 

I found that out the hard way.The math is a little tricky IMHO, in that the money you get from AirBnb had the tax included, so if you multiply the amount you received by 3%, you are actually paying too much. 

That’s been another way I multiply my efforts.

That $1.20 would be multiplied by the number of days in the collection cycle to determine the base amount per machine for the collection cycle.   

@Corey Hassan I can't speak for all of SC, but here in Horry County (home of Myrtle Beach and North Myrtle Beach) a quick way to estimate your annual property tax bill on a second home or investment property is to take the purchase price and multiply by .0133. 

It's incomplete and you'll be way off if you take a low season mid-week rate from one or two listings and multiply it out, and likewise with a high season weekend date.